Singapore economy
De Beers Group to relocate auctions HQ from Singapore to Botswana
De Beers Group to relocate auctions HQ from Singapore to Botswana
It moved its Global Sightholder Sales business from the US to Botswana in 2013.
Singapore net inflows hit $263.18m in 3Q23
Equity and fixed-income funds reported inflows during the quarter.
SG becomes the leading wealth capital in APAC
Singapore attained an average score of 0.79.
Contribution of digital economy to SG rises to $106b in 2022
The figure translates to 17.3% of Singapore's GDP last year.
SSIA reaffirms commitment for global industry collaboration
This will boost the country’s semiconductor supply chains.
Singapore, Hong Kong reinforces ties with 7 new MOUs signed
Hong Kong Chief Executive John Lee visited Singapore as part of a week-long ASEAN trip.
Total trade contracts 19.2% YoY in June
This extended the 17.9% decrease in the previous month.
Total employment up for sixth straight quarter
The services sector reported over 27,000 new hires, of which over 5,000 are migrant domestic workers.
Economic growth slows in Q123
The economy grew 0.1% YoY.
Economic growth to slow down in 2023
UOB expects full-year GDP to grow by only 0.7%.
For better or for worse? Economist unveil predictions for SG’s economy
They expect full-year inflation to come in between 3.5% and 5.9%.
Singapore could dodge recession in 2023: report
GDP growth slowed down to 3.6% in 2022.
Singapore economy to grow ‘markedly slower’ in 2023: report
UOB forecasts a 0.7% GDP growth rate.
Chart of the day: Professional forecasters predict 4.8% economic growth in Q2
They expect GDP to expand by 3.8% by the end of 2022.
Experts expect economy to grow 4.8% in Q2
The full-year growth forecast was lowered to 3.8% from 4%.
Economy ‘moderately’ increases by 3.7% YoY in Q1: MTI
On a quarterly and seasonally adjusted basis, it grew by 0.7%.
F&B sales down 4.5% YoY in October to $659m
Restaurants experienced the most YoY decline at 24%.
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