Singapore economy

Singapore economy

Singapore's factory output reverses into the red with 0.9% dip in October

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 Oct inflation drops by 0.2%  - THE EDGE SINGAPORE

Singapore economy

Singapore's Oct inflation drops by 0.2%

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

MAS to enhance RMB liquidity through RMB25 mil initiative for banks - THE EDGE SINGAPORE

Singapore economy

MAS to enhance RMB liquidity through RMB25 mil initiative for banks

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.

Decline in Singapore's economy comes in better than expected at -5.8% in 3Q2020 - THE EDGE SINGAPORE

Singapore economy

Decline in Singapore's economy comes in better than expected at -5.8% in 3Q2020

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 economy

Decline in Singapore's domestic and foreign wholesale sales see improvement in 3Q2020

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 to have a budget deficit in 2021 as economy reels from Covid-19 bug: PM Lee - THE EDGE SINGAPORE

Singapore economy

Singapore to have a budget deficit in 2021 as economy reels from Covid-19 bug: PM Lee

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

Singapore's NODX post shocking plunge following decline in non-monetary gold shipments - THE EDGE SINGAPORE

Singapore economy

Singapore's NODX posts shocking plunge following decline in non-monetary gold shipments

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 and US customs sign letter of intent to explore single window connectivity - THE EDGE SINGAPORE

Singapore economy

Singapore and US customs sign letter of intent to explore single window connectivity

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

SGX total securities up 8% y-o-y to $23.2 bil in October; market turnover value of ETFs surged 54% y-o-y to $363 mil - THE EDGE SINGAPORE

Singapore economy

SGX total securities up 8% y-o-y to $23.2 bil in October; market turnover value of ETFs surged 54% y-o-y to $363 mil

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 economic rebound not likely 'vibrant': PM Lee - THE EDGE SINGAPORE

Singapore economy

Singapore's economic rebound not likely 'vibrant': PM Lee

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

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