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Singapore economy

Singapore's NODX grows 12.3% in September, beating expectations - THE EDGE SINGAPORE

Singapore economy

Singapore's NODX grows 12.3% in September, beating expectations

This marks the tenth consecutive month of NODX expansion.

Singapore economy

Inflation concerns spurs surprise monetary policy tightening by MAS

The central bank's surprise move follows estimates of core inflation staying “close to 2%".
Accumulation in external and domestic cost pressures sees MAS tightening Singdollar policy stance in Oct - THE EDGE SINGAPORE

Singapore economy

Accumulation in external and domestic cost pressures sees MAS tightening Singdollar policy stance in Oct

The central bank has moved to “raise slightly the slope” of the S$NEER policy band
Singapore's GDP up by 6.5% in 3Q2021: MTI advance estimates - THE EDGE SINGAPORE

Singapore economy

Singapore's GDP up by 6.5% in 3Q2021: MTI advance estimates

The expansion was led by growth in the construction sector.
MAS to hold, signal policy move next April - THE EDGE SINGAPORE

Singapore economy

MAS to hold, signal policy move next April

Investors will be sensitive to any MAS comments on the global inflation debate
Singapore said to be getting feedback on tax ideas, including conversations around wealth taxes - THE EDGE SINGAPORE

Singapore economy

Singapore said to be getting feedback on tax ideas, including conversations around wealth taxes

Officials have met with members of Singapore’s business elite and advisers to the rich to gauge their reactions.
Singapore's PMI slows for second consecutive month; economists brace for further slowdown amid  supply chain disruptions - THE EDGE SINGAPORE

Singapore economy

Singapore's PMI slows for second consecutive month; economists brace for further slowdown amid supply chain disruptions

"Momentum could have peaked and a slowdown is on the cards," says Selena Ling, chief economist of OCBC Bank.
GST hike to go ahead as planned - THE EDGE SINGAPORE

Singapore economy

GST hike to go ahead as planned

GST was introduced by Singapore back in 1994 at 3%
Singapore’s August retail sales falls 2.8% y-o-y, first decline in months - THE EDGE SINGAPORE

Singapore economy

Singapore’s August retail sales falls 2.8% y-o-y, first decline in months

The fall was driven by lower motor vehicle sales that corresponded with the lower COE quota this year.
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