Economy
More SME business owners expect their performance to decline in the next 6 months
More SME business owners expect their performance to decline in the next 6 months
Less than two in 10 business owners (17%) expect it to worsen.
Capital goods sector to lead Q1 23 results: analyst
The rest of the sectors may feel muted growth.
3 factors weighing down Singapore’s economic growth
Analysts expect full-year GDP growth to clock in at 1.4%, lower than the 2022 record.
SG NODX to contract 5.5% in 2023
It is due to the broad-based weakness in electronics and non-electronics performance.
DPM Wong vows government will always be ‘pro-growth’ in economy
Economic competitiveness is one of the key phases in Singapore.
Where to invest if MAS eases monetary policy in October
Assets like bonds and gold will be a safe haven for investors.
Half of Singaporeans expect inflation to decline in the next 12 months
Consumers cite three reasons for the shift in their expectations.
SG likely to enter ‘technical recession’ in H1
Experts believe SG’s growth momentum will continue to slow in Q2.
Non-oil domestic exports fall 8.3% YoY in March
A 14.1% drop in exports to China drove the overall decline.
MAS April policy tightening is ‘dovish’ compared to October 2022: RHB
The analyst said this is the end of the tightening cycle.
7 in 10 local SMEs expect a recession within the next 2 years
In response, SMEs are taking a prudent approach to their financial spending.
Economic growth slows in Q123
The economy grew 0.1% YoY.
No policy tightening as core inflation expects to ease by end-2023
The central bank evaluated that the current policy band is sufficiently tight.
Central bank begins financial sector cloud resilience forum
The forum will discuss perspectives on appropriate public cloud risk management practices.
Workplace fatalities higher last year than pre-COVID year
The workplace fatality rate was 1.3 per 100,000 labourers.
CEOs in Singapore turn to deals for competitive advantage: report
This includes mergers and acquisitions, divestments, and joint ventures amongst others.
3 in 4 SG CEOs are delaying investment plans amidst geopolitical tensions
This is above the global average of more than 3 in 5, EY reported.
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