Singapore economy

Singapore narrows 2022 GDP forecast range to 3-4% - THE EDGE SINGAPORE

Singapore economy

Singapore narrows 2022 GDP forecast range to 3-4%

The current consensus forecast of private sector economists is for a 3.8% growth this year.

Sharing Economy

Singapore at 57: Looking ahead with confidence

To face the future in good shape, Singapore needs to address its structural issues

Singapore economy

Singaporeans are spending more but incomes aren't keeping up: DBS

Consumers are spending more relative to income, with an expenses-to-income ratio rising to 64% in May from 59% a year earlier.
Singapore well protected against economic shocks; 'slower pace of fiscal surplus accumulation' may be warranted: IMF - THE EDGE SINGAPORE

Singapore economy

Singapore well protected against economic shocks; 'slower pace of fiscal surplus accumulation' may be warranted: IMF

IMF says that Singapore’s large fiscal reserves will continue to act as buffers against large shocks.
Singapore citizens want more than government’s relief package to combat rising living costs: YouGov - THE EDGE SINGAPORE

Singapore economy

Singapore citizens want more than government’s relief package to combat rising living costs: YouGov

Demand for greater support signals Singapore citizens could be feeling the pressure of rising costs, says YouGov.
Global economy could escape recession despite weak growth, while China’s recovery provides lifeline for APAC - THE EDGE SINGAPORE

Global Economy

Global economy could escape recession despite weak growth, while China’s recovery provides lifeline for APAC

Despite dropping sharply among financial professionals, global confidence levels remain above its low-point in 2020.
Singapore's GDP up by 4.8% in 2Q2022: MTI estimates - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP up by 4.8% in 2Q2022: MTI estimates

On a q-o-q seasonally-adjusted basis, the quarter’s GDP remain unchanged after a 0.9% expansion in the 1Q2022.

Broker's Calls

Downward spiral looms for 3QFY2022: PhillipCapital

Higher inflation is outpacing income, shrinking household budgets and confidence levels, observes PhillipCapital analyst Paul Chew
Why there is no need to be worries about the impending GST hike - THE EDGE SINGAPORE

Singapore economy

Why there is no need to be worried about the impending GST hike

RHB economist Barnabas Gan believes there is no need for Singapore to be worried about inflation risks despite higher GST rates.

Sharing Economy

Singapore sees no recession next year as it seeks to beat risks

Singapore will probably grow 3.8% this year and expand 3% in the next
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