Economy

Economists raise GDP forecasts to 3.2% in 2018

Economists raise GDP forecasts to 3.2% in 2018

They are more positive thanks to manufacturing growth but are also more worried by a possible global trade war.

Top 1000 SMEs profits down 17.1% to $2.9b in 2017

Slow GDP growth and weak global trade are among the challenges that plague SMEs.

Ng brothers are Singapore's richest in 2018

Their net worth of US$10.8b got them 140th place in the world rankings.

Who wants to be a half-billionaire: 20 more Singaporeans joined the club last year

The number of half-billionaires in Singapore jumped 25% to 100 in 2017.

Crazy rich Singaporeans: 1 in 25 of Asia's ultra-wealthy call Singapore home

There are 1,400 individuals in Singapore with a net worth of over US$50m.

No country for old men: Singapore and HK budget differences indicate policy divergence

The recent budgets delivered in Singapore and Hong Kong show differing paths to deal with an ageing society.

Singapore-EU to push ratification of free trade deal this year

When passed, it will allow consumers and producers reach each other’s markets sans custom duties on all qualifying goods.

Singapore PMI down 0.4 point to 52.7 in February

The reading was pulled down by the weaker electronics manufacturing sector.

Wealthy Singaporeans can shake off GST hike burden: BMI

Analysts say 95% of households will have incomes around US$25,000 which could prepare them to absorb price hikes.

Chart of the Day: Business investments grew 2.2% after 15-month decline

Companies are more optimistic with plans of expansion and aggressive hiring.

Daily Briefing: PM Lee to reshuffle cabinet; Singapore bars communication in terror attack areas

And here’s why Singapore unicorn Sea Ltd shares plunged 20% since its overseas listing.

Services sectors' sales up 8.6% in Q4 2017

The information & communications services industry grew 13.6% and led the sector’s growth.

Chart of the Day: Corporate profits hit a seven-year high

Profits rose 6.9% and contributed to higher corporate income tax revenue.

Accommodation prices were 5.3% cheaper in January

Service & Conservancy Charges (S&CC) rebates were given to HDB households in January 2018.