Singapore economy

Singapore’s factory output reversed into the red with a 0.9% year-on-year in October, following broad based contractions in sectors such as general manufacturing and transport engineering.

Singapore’s core and headline inflation eased in October, just a month after showing signs of an increase.

The Monetary Authority of Singapore (MAS) says it will provide up to RMB25 billion ($5.11 billion) of funding to banks in Singapore in a bid to deepen RMB liquidity.

Singapore’s Ministry of Trade and Industry (MTI) has revised its growth forecast for the year to -6.5% and -6%, from its previous estimate of a -7% to -5% range.

Singapore’s domestic wholesale sales plunged 36.4% year-on-year in 3Q2020 ended September, improving from the 40.6% decline seen in the previous quarter ended June. 

Singapore Prime Minister Lee Hsien Loong sees the government running a budget deficit at least through early next year, and perhaps “a while” longer, as the coronavirus-hit economy bends the city-s

Defying expectations of a fifth consecutive month of growth, Singapore’s non-oil domestic exports (NODX) reversed into the red in October, following a slowdown in both electronic and non-electronic

Singapore Customs and the United States Customs and Border Protection (CBP) have signed a Letter of Intent (LOI) on Nov 10 to explore Single Window connectivity to facilitate cargo clearance and en

Singapore Exchange (SGX) reported a total securities market turnover value of $23.2 billion for the month of Oct 2020, up 8% y-o-y, but down 4.5% m-o-m.

Singapore’s economy is unlikely to pick up in a “very vibrant sort of way very soon” as key export markets in Europe and the US face renewed coronavirus outbreaks, Prime Minister Lee Hsien Loong sa