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Singapore economy

Singapore's stock rally stalls after return to Phase 2 measures

A rally in one of Asia’s best-performing stock markets is stalling amid rising virus cases at home and a rethink of the global reflation trade.

Singapore retail sales grow 6.2% y-o-y in March, boosted by higher y-o-y sales in watches & jewellery - THE EDGE SINGAPORE

Singapore economy

Singapore retail sales grow 6.2% y-o-y in March, boosted by higher y-o-y sales in watches & jewellery

Singapore’s total retail sales value grew 6.2% y-o-y to $3.5 billion in March, according to figures released by the Department of Statistics (SingStat) on May 5.

Financial sector to see sustained demand for financial planners, relationship managers and tech jobs: MAS's Ravi Menon - THE EDGE SINGAPORE

Singapore economy

Financial sector to see sustained demand for financial planners, relationship managers and tech jobs: MAS's Ravi Menon

The employment outlook for the financial sector in 2021 “remains positive,” with financial institutions offering 6,500 newly-created positions in the same year, says Ravi Menon, the Monetary Author

Growth in Singapore's manufacturing activity continues for tenth consecutive month in April - THE EDGE SINGAPORE

Singapore economy

Growth in Singapore's manufacturing activity continues for tenth consecutive month in April

Manufacturing sentiment in Singapore stayed optimistic in April for the tenth consecutive month.

41% of manufacturers anticipate business conditions to improve in next 6 months; electronics cluster most optimistic - THE EDGE SINGAPORE

Singapore economy

41% of manufacturers anticipate business conditions to improve in next 6 months; electronics cluster most optimistic

The manufacturing sector expects business conditions to improve in the next six months – from April to September – amid the raised global economic prospects due to the ongoing Covid-19 vaccinations

Singapore's GDP growth to exceed 6% in 2021; Covid-19 impact on economies weakens - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP growth to exceed 6% in 2021; Covid-19 impact on economies weakens

Singapore’s economy is likely to stage a better-than-expected recovery this year after posting in 2020 its worst recession on record.

RHB remains optimistic on Singapore's economic growth post cabinet reshuffle - THE EDGE SINGAPORE

Singapore economy

RHB remains optimistic on Singapore's economic growth post cabinet reshuffle

RHB Group Research analyst Shekhar Jaiswal says the cabinet reshuffle, which will see Lawrence Wong becoming the new Minister for Finance, as well as other shifts within six other ministries, will

Singapore economic growth could surpass 6% in 2021, but disparate recovery expected across sectors : MAS - THE EDGE SINGAPORE

Singapore economy

Singapore economic growth could surpass 6% in 2021, but disparate recovery expected across sectors : MAS

Singapore’s economy may just stage a better-than-expected recovery this year, after posting its worst recession on record in 2020.

MAS and private sector partner to strengthen Singapore’s fund management ecosystem - THE EDGE SINGAPORE

Singapore economy

MAS and private sector partner to strengthen Singapore’s fund management ecosystem

The Monetary Authority of Singapore (MAS) and the private sector have, on April 27, embarked on a partnership to strengthen Singapore’s value proposition as a leading full-service asset management

Singapore's manufacturing sector expands by 7.6% in March; final 1Q21 GDP expected to be stronger - THE EDGE SINGAPORE

Singapore economy

Singapore's manufacturing sector expands by 7.6% in March; final 1Q21 GDP expected to be stronger

Singapore’s manufacturing output expanded for the fifth consecutive month in March, with a 7.6% y-o-y growth thanks to the electronics boom.

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