Singapore’s Labour Market Sees Robust Growth in Q2 2024
Singapore’s Q2 2024 labour market saw robust growth, with total employment up 11,300. Unemployment rates improved, while retrenchments remained stable
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Singapore’s monetary authority sets up review group in bid to revive its equities market
Singapore’s MAS has formed a task force to boost market vibrancy, address challenges, and enhance private sector participation in the stock market
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Economist Lowers Singapore’s Q2 2024 GDP Growth Forecast to 2.6%
RHB economists cut Singapore’s Q2 2024 GDP growth forecast to 2.6%, citing declining manufacturing output and potential global risks, including U.S. trade policy shifts
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Lower inflation in retail and services eases Singapore core inflation to 2.9% YoY in June
Singapore’s core inflation in June hit a two-year low at 2.9%, driven by lower costs in retail, services, and private transport
Continue ReadingMAS: Net profit of S$3.8 billion in part due to strong investment gains
The Monetary Authority of Singapore (MAS) reported a net profit of S$3.8 billion, reversing the previous year’s S$30.8 billion loss, driven by significant investment gains.
Continue ReadingMAS aims to cut processing time for tax perks
Singapore’s wealth inflows remain strong despite increased scrutiny post-money laundering case, with MAS improving tax incentive processing times amid rising global competition.
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Singapore REITs Positioned for Gains Amid Favorable Economic Indicators
Singapore REITs show potential for gains with improving macroeconomic conditions and sector rotation. Upgraded stocks CLAR and MLT offer attractive investment opportunities.
Continue ReadingSingapore’s Economy Surpasses Expectations with 2.9% Growth
Singapore GDP grew 2.9% in Q2, boosted by construction and services, surpassing forecasts amid strong sectoral performances.
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Garuda Indonesia And Singapore Airlines Receive Regulatory Approval For Commercial JV
Since initiating their partnership in May 2023, Singapore Airlines and Garuda have already begun codesharing flights and implementing joint marketing campaigns
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