Singapore economy

Singapore economy

SMEs anticipate lower margins, higher costs amid weak global economy: SCCCI survey

SINGAPORE (Oct 21): Small and medium-sized enterprises (SMEs) are bracing themselves for a hit to profit margins and revenue amid a bleak economic outlook , according to a survey by the Singapore C

Singapore economy

NODX contracts for 7th straight month with 8.1% drop in Sept as Singapore fails to escape 'export doldrums'

SIGNAPORE (Oct 17): Singapore’s non-oil domestic exports (NODX) fell 8.1% year-on-year in September – marking the seventh consecutive month of contraction amid uncertainty surrounding the US-China

Singapore economy

Singapore 'lucky' if growth is positive in 2019, PM Lee says

(Oct 17): Prime Minister Lee Hsien Loong said Singapore will be “lucky” to see positive economic growth in 2019, casting a dark tone over the nation’s outlook as exports continue to slump.

Singapore economy

Singapore's central bankers may know something we don't: Daniel Moss

(Oct 15): Singapore offers a small ray of light in a faltering global economy.

Singapore economy

MAS eases monetary policy 'slightly' for first time in 3 years

SINGAPORE (Oct 14): The Monetary Authority of Singapore (MAS) has eased the monetary policy “slightly” – the first easing in over three years – amid slowing economic growth.

Singapore economy

Singapore retail sales fall again in Aug as cautious consumers shy away from 'big ticket' items

SINGAPORE (Oct 13): Singapore’s retail sales have contracted for the seventh consecutive month, falling 4.1% year-on-year in August, according to the Department of Statistics (DOS).

Singapore economy

SGX securities market turnover up 2% to $19.7 bil in September

SINGAPORE (Oct 11): The month of September saw total securities market turnover inch up 2% to $19.7 billion, according to the Singapore Exchange (SGX) monthly release of market statistics

Singapore economy

Singapore central bank is set to join global policy easing tide

(Oct 11): Singapore’s central bank will probably ease monetary policy for the first time in more than three years as a global slowdown continues to weigh on the export-reliant economy.

Singapore economy

Singapore dollar seen sliding as central bank faces downturn

SINGAPORE (Oct 10): Singapore’s dollar is set to weaken because the central bank is likely to scrap its appreciation bias at a policy meeting next week, according to a growing group of forecasters.

Singapore economy

Singapore seen narrowly dodging recession in third quarter, central bank to ease

SINGAPORE (Oct 7): Singapore’s economy likely escaped a technical recession in the third quarter even as growth stayed subdued, weighed down by the prolonged trade dispute between the United States

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