Singapore’s economic growth slows to 3.8% in 2022; outlook darkens for 2023
The fourth-quarter slowdown came on the back of a 3 per cent year-on-year contraction of the key manufacturing sector.
Ovais Subhani
Private economists cut Singapore’s 2023 growth forecast on global slowdown woes: MAS survey
The economists also raised their forecast for inflation both this year and next, as price pressures continued to pose a concern.
Weakness in crypto ecosystem is potential risk to financial stability worldwide
The downturn began when the US Securities and Exchange Commission announced it would begin to impose regulations on crypto firms, setting the stage for a broad sell-off.
US tech curbs on China will affect S’pore’s semiconductor sector: MTI
Singapore supplies 11 per cent of the world’s semiconductors and 20 percent of chip-making equipment.
S’pore factory activity contracts, raising risk of technical recession
The manufacturing decline follows a second month of contraction in the electronics sector, which represents 40 per cent of Singapore's industrial output.
S’pore will have more millionaires per population v US, China by 2030: HSBC
The bank said that in Asia, Singapore is already second to only Australia, whose share of millionaires per population stood at 8 per cent in 2021.
Temasek portfolio surges to record high, driven by Singapore investments
One of the world's top investors, Singaporean state holding company Temasek said in its annual review that it had invested $61 billion in the year ended March 31, 2022.
S’pore manufacturing picks up pace, defying China lockdowns and Ukraine war
Singapore's robust manufacturing performance in April was in line with similar PMI gains by some of its Asian peers.
S’pore economy grows 5.9% in Q4 and 7.2% in 2021: Flash data
Analysts said the quarterly gain shows that economic growth picked up momentum despite the global Omicron variant surge.
Singapore, S. Korea agree on first digital trade deal between two Asian nations
The new rules and norms will allow digital infrastructure in both countries to exchange information and data.