Economy
Chart of the Day: Singapore High Domestic Inflationary Pressure
Chart of the Day: Singapore High Domestic Inflationary Pressure
CPI inflation for January likely moderates to 4.7% from December’s 5.5% but upside risk remains says DBS.
Domestic wholesale trade shrank yet again
Guess which sector weighed down the index the most to a 0.9% qoq contraction in Q411.
Which two sectors lost big in foreign wholesale trade?
Transport equipment and houehold equipment & furniture both declined double-digits due to lower sales abroad.
Singapore ranks 37th in world growth contribution
Two other Asian countries topped the 2011 list with many more ranking ahead of the island nation.
Chart of the Day: Singapore’s business tax one of the lowest in the world
Corporate income tax rate shall stay at 17% as the 2012 Budget did not propose any reduction but find out the implications.
Singapore talent shortage stumping SME growth
Roughly 70% of CEOs had to cancel strategic plans due to talent shortage and no respite is in sight, says PWC.
Thailand flood inflicted deeper economic damage
The disaster's impact is turning out to be worse than expected and rebound hopes now seem dimmer.
Singapore firms most keen to invest in China
There was a 50% increase in interest for executing projects in the booming Asian nation since 2009.
Singapore overseas investments jumped 9.7% in 2011
Investment outflows for international expansion and trade defied the downturn fears to grow in almost double-digits.
Singapore Manufacturing Federation gives a nod to 2012 budget
SMa however disagrees over the reduction of the ‘S’ pass holders from 25% to 20%.
Chart of the Day: Singapore GDP and Key Components
Is the economy bottoming out in the first quarter of 2012?
NODX exports dip 2.1% in January 2012
It's a bad start for Singapore as non-oil domestic exports careen off the 9% increase from last month.
PIC reimbursements doubled to $60,000
Businesses are promised more money for upgrades made under the Productivity and Innovation Credit (PIC) scheme.
2012 budget plan accelerates growing pains
Singapore businesses have been saddled with tighter foreign worker measures and higher CPF contributions.
Multi-million financing set for Singapore firms expanding abroad
A so-called project finance company (PFC) will scour $400 million in annual funding for corporate overseas projects.
Total trade expands by 8%
Singapore’s total trade in 2011 reached S$974b.
Singapore economy only grew 4.9% in 2011
Performance is way down from the 14.8% growth recorded in 2010 and will still worsen in 2012.
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