Economy

Is Singapore losing cash as SMEs pivot abroad?

Overseas revenue growth is fast outpacing total revenue growth at 4.2% vs 1.3% in 2016.

SMEs' profit and turnover expectations hit 3-year high in 2017

A study implied that firms are more confident of the economy as they focus on the domestic market.

Chart of the Day: Households can now own more assets without needing to borrow

The growth of financial assets has been outpacing consumer loans for two years.

Trade tensions put heat on MAS tightening

Analysts weigh on whether trade tensions will significantly challenge policy changes or not.

Manufacturing sector is recovering amidst volatility: analysts

But global trade tensions, specifically between the US and China, dampened some of their sentiments.

Manufacturing output up 8.9% in February

General manufacturing output dipped 6.3% due to fewer production days during the Lunar New Year.

Will Singapore be caught in the US-China trade dogfight?

The STI fell 2.3% after Trump enforced tariffs on Chinese goods over intellectual property violations.

Inflation hit 40-month high at 0.5% in February

Prices of food and accommodation rose within the month.

EDB to fund 300 assessments for industrial transformation

Each company assessment will be conducted over two half-day workshops.

Singapore is the most liveable city in Asia

The distance of its rankings with other Asian cities reflects a disparity in quality of living.

Brace for more price hikes amidst possible MAS tightening

The MAS could now tighten its policy in 2018 in a bid to ensure that headline inflation remains within its range of 0-1%.

Tougher competition killed small businesses' growth in 2017

More studies suggested that higher costs and mismatched staff are also recurring problems.

NODX slipped 5.9% in February

Contractions in both electronic and non-electronic exports weighed down the NODX.

Singapore is the costliest city in the world for 5 years in a row

But in 10 years, prices of bread, wine, and smokes are expected to fall.

Chart of the Day: Labour productivity rose by 4.5% in 2017

Thanks to gains led by the manufacturing and wholesale & retail trade sectors.

Singapore could be the first casualty of a looming trade war

The worst case scenario spells doom as Singapore could lose $22b in GDP.