Economy
Chart of the Day: More firms reported payment delays last year
Chart of the Day: More firms reported payment delays last year
The share of Singapore firms with payment delays fell to 62% from 77%.
Singapore, Ethiopia pledge to strengthen ties, explore new areas of cooperation
The two nations are seen as “gateways to enhance links between Southeast Asia and Africa.”
Doubling down on research: Singapore to study how built environment affects mental health
The study includes assessing urban design features and human behaviours, among other things.
Singapore among APAC countries leading ultra-long payment delays: report
Payment behaviour the worst in textile and construction sectors.
Startups in Singapore find it more difficult to grow over the past year: report
Nearly all believe having a clear path to profitability has become more crucial.
DBS rolls out program to help SMEs expand abroad
The scheme targets 1,000 local firms and businesses across the region.
Singapore only ASEAN nation with a deposit refund scheme: report
Most countries in the region still use single-use plastic.
Singapore invests $300M in National Quantum Strategy
It aims to boost the nation’s quantum industry.
IVSC board names first Asian and female chair
Lim Hwee Hua previously served as minister of the Singaporean government.
Business receipts of service industries up 10.5% YoY in 1Q24
Recreation & Personal Services had the highest growth in revenue amongst industries.
Experts caution on 2Q24 GDP growth after April manufacturing drop
Manufacturing output fell by 1.6% YoY in April.
Inflation stable as lower housing costs offset transport rise
Headline and core inflation came in at 2.7% and 3.1% YoY, respectively.
Chemicals cluster forecasts brighter business prospects
A net weighted balance of 2% of firms projects improved business conditions in 2Q-3Q.
UOB, RHB keeps growth forecast unchanged following 2.7% GDP expansion in Q1
UOB sees economy growing 2.9% this year, while RHB's estimates at 2.5%.
NODX growth could hit the lower end of the 4.0%-6.0% forecast
In 1Q24, NODX declined 3.4% YoY.
Global Cities Index: Singapore ranks best city in Southeast Asia, third in Asia
The city-state was also among the best cities globally for doing business.
MTI maintains 1%-3% GDP 2024 growth forecast despite 1Q expansion
GDP grew 2.7% YoY in 1Q24.
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