Economy

3 key areas affluent households will spend on

3 key areas affluent households will spend on

These will account for almost 40% of their spending by 2021. Singapore's affluent middle class supports high spending on non-essential goods and...

Why Singapore consumers are tightening their purse strings

Consumer spending declined for two quarters in a row.

Singapore strengthens economic ties with Myanmar

A deal will open doors for Singapore firms to explore opportunities in Myanmar. The International Enterprise Singapore signed a Memorandum of...

Chart of the Day: Money supply eases to a 7.8% growth in April

This is undermined by a softer gain in net foreign position.

Household spending to hit $206.8b in 2021

It will grow at an annual rate of 6.3% over the next five years.

Singapore trumps US in competitiveness ranking

It takes the third spot, below Hong Kong and Switzerland.

Singapore tops global ranking for online presence

It ranked sixth in AT Kearney’s Global Cities Index 2017.

Services sector grows in slow, uneven pace

Transport & storage improved the most with a 4.2% growth.

NWC proposes up to $60 pay hike for low-wage workers

Good news for those earning a basic wage of up to $1,200.

NODX growth forecast to hit 4-6% this year

This was due to a notable surge in 1Q17.

Three main drivers of Chinese overseas expansion

Investments will grow in frequency, but with smaller average deal sizes.

Consumer spending in Malaysia to increase 5.8% in 2017

It will grow at an annual average of 5.3% between 2017-2021.

Chart of the Day: Check out which industry recorded the highest yield growth

The said industry reported an 8.8% growth in business receipts.

Consumer price index increases to 1.7%

Moderation was largely due to a larger decline in accommodation.

ASEAN countries' GDP growth rates to hit 3-8% over the next 5 years

Their CAGR will hit 5.1% from 2017 to 2021 collectively.

Singapore non-oil exports up 10% in Q1

A huge improvement from the previous quarter's 0.1% uptick.