Singapore economy

Singapore economy

Gloomy prospects for Singapore's 3Q2020 GDP, despite improvements in manufacturing activity and retail sales: CGS-CIMB

Singapore’s GDP is slated to contract between 4.5% and 5.5% year-on-year in the ongoing 3Q2020 which ends on September 30, CGS-CIMB Securities estimates.

Singapore economy

Singapore AUM up 15.7% to $4 trillion in 2019: MAS

Singapore’s asset under management (AUM) climbed 15.7% y-o-y to $4 trillion in 2019, according to the Monetary Authority of Singapore (MAS) in a report released on September 30.

Singapore economy

Singapore to spend $2.2 bil on premium subsidies for Medishield Life

The Singapore government will spend $2.2 billion over the next three years to improve a medical insurance plan for the country’s citizens and residents amid the economic impact of the coronavirus.

Singapore economy

Goldman joins JPMorgan in building forex trading hub in Singapore

Goldman Sachs Group Inc. is joining the likes of JPMorgan Chase & Co. and BNP Paribas SA in setting up a foreign-exchange trading and pricing platform in Singapore.

Singapore and Norway sign MOU to strengthen collaboration on digital and sustainable innovation - THE EDGE SINGAPORE

Singapore economy

Singapore and Norway sign MOU to strengthen collaboration on digital and sustainable innovation

Enterprise Singapore (ESG) and Innovation Norway have signed a memorandum of understanding (MOU) on September 29 to strengthen innovation collaboration between Singapore and Norway.

Singapore economy

MAS in talks with banks to extend debt moratorium programme

Singapore’s central bank is in talks with lenders about extending the nation’s debt moratorium program beyond Dec.

Singapore economy

Singapore's factory output surprises with 13.7% increase in August

Singapore’s factory output snapped out of a three-month losing streak with a 13.7% year-on-year expansion in August.

Singapore and Japan to launch residence track for business executives and professionals - THE EDGE SINGAPORE

Singapore economy

Singapore and Japan to launch residence track for business executives and professionals

Singapore and Japan have agreed to launch a residence track for business executives and business professionals who are work pass holders.

Singapore economy

Singapore's population drops for first time in 17 years to 5.69 mil

Singapore’s total population has fallen for the first time in 17 years as the economic fallout from the coronavirus pandemic saw fewer foreigners working in the city-state.

Singapore economy

Singapore's CPI remains in the red in August, but eases from July's decade-low

Singapore’s core and headline inflation remained in the red for the seventh straight month in August 2020, but eased slightly from the decade-low numbers seen in July.

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