Economy

Economists divided on future monetary policy moves amid rising inflation Despite a surprise uptick in February’s core inflation, private-sector economists expect the Monetary Authority of...

Higher services and food costs, partly from Chinese New Year, drive inflation rise Singapore’s inflation exceeded expectations in February, with both core and headline inflation...

Rise in newly created positions highlights economic growth and evolving manpower demand In 2023, newly created job vacancies in Singapore reached 47.3%, the highest since...

Economists remain optimistic despite a modest performance in January, expecting a stronger full-year showing for manufacturing Singapore’s industrial production (IP) grew by 1.1% year-on-year in...

Inflation slows down more than expected, thanks to easing accommodation, transport costs, and softer food inflation Singapore’s inflation for January 2024 eased more than anticipated,...

The pop star’s concerts expected to bring substantial tourism receipts and enhance Singapore’s global reputation Taylor Swift’s six concerts in Singapore as part of her...

Slower economic growth impacts full-time, part-time, and freelance employment rates A recent graduate employment survey revealed that Singapore’s fresh university graduates enjoyed a modest increase...

December Sees Decline in Retail Sales, Weighed by Lower Consumer Spending Singapore’s retail sales recorded a 0.4% year-on-year decline in December, reversing the 2.4% gain...

Stable outlook amid easing inflation and steady growth expectations Bank Negara Malaysia (BNM) is expected to maintain its overnight policy rate (OPR) at 3.00% until...

Significant increase in bankruptcies and corporate liquidations as economic pressures mount In 2023, individual bankruptcy applications in Singapore reached an 18-year high, with nearly 4,000...