Economy
PM Lee calls for stronger ties in ASEAN amidst global trade woes
PM Lee calls for stronger ties in ASEAN amidst global trade woes
It has put the rules-based multilateral trading system under pressure.
Chart of the Day: Corporations led SGD-denominated bond issuance in 2017
Property corporations and financial institutions also made significant contributions to the issuance volumes.
Singapore firms inked deals for projects in Africa
The Lion City entered its 13th Avoidance of Double Taxation Agreement with an African country, Gabon.
Singapore dollar hits record-high amidst climb to S$NEER's upper band
But analysts are divided on whether this will lead to policy tightening or not.
Chart of the Day: Infocomm services pushed growth of Q2 business receipts
It was fueled by higher revenues from software publishing and information service activities.
Guangdong offers opportunities for Singapore firms to develop the Greater Bay Area
They will touch on transport, education and smart city services, amongst others.
Tourism receipts dipped 0.5% to $6.7b in Q1
The decline was led by the 16% YoY decrease to $589m in food and beverage.
Oil prices to push inflation further in 2018: analysts
They think there’s no more room for monetary tightening in October.
July inflation steady at 0.6%
But core inflation rose 1.9%, the highest in four years.
Singapore and Zhejiang firms forged partnerships to bolster bilateral trade
Their bilateral trade ballooned 44% to $3.5b in H1.
Daily Briefing: MND says VERS transition to roll out when SERS hits limit; Singapore seizes over $27m linked to Chinese Ponzi scheme
And a source says GIC eyes Brazilian power firm.
Chart of the Day: Singapore posts $7.8b surplus in balance of payments in Q2
It was backed by the increase in current account surplus.
Trade conflict could hit Singapore exports harder in H2: analysts
Electronics exports continued to decline by 3.8% in July.
Singapore's domestic wholesale trade jumped 10.3% in Q2
The domestic retail trade of petroleum products inched up 23.3%.
Chart of the day: Electronics leads Q2 fixed asset investments in manufacturing
The manufacturing sector raised $1.7b of FAI commitments.
Daily Briefing: PM Lee says government ‘cannot completely prevent' price hikes; VC fund Tin Men Capital raises US$100m
And VC firm Dymon Asia Ventures secures US$50m fintech funding.
NODX up 11.8% in July
The growth in non-electronics offset the decline in electronics.
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