Economy
Singaporeans who feel financially included slightly declined in latest index
The city-state is the top financially inclusive market.
Professional services firms lag in digital sustainability efforts: study
FMCG, transportation, and infrastructure sectors are “digital sustainability sceptics.”
Central bank announces new savings bond with average yield of 3.32%
Its amount offered is at $1b.
Regulatory caps on neobanks’ operations could stifle growth, expert warns
Despite questions arising from the recent rise of deposit caps in neobanks, incumbent banks are left unfazed.
2.5 million Singaporeans to receive $800 cash assistance in December
The government will disburse an additional $1.1b under its Cost-of-Living Support Package.
Heads up Singaporeans: Water bills rise to 50 cents per cubic metre in phases over 2 years
Three in four homes will see an increase of less than $10 monthly in water bills.
Gov’t to provide support to adult education, ITE grads to address socioeconomic challenges
Strengthening the SkillsFuture programme is a crucial part of it.
August contraction a ‘blip,’ IP momentum to still improve in 4Q – expert
RHB cited 2 factors for the deeper-than-expected manufacturing output decline in August.
Elderly Singaporeans pushing for higher retirement age
The seniors also showed support for a re-employment age of 68 years old and higher.
MAS unlikely to change monetary policy in October – experts
There is, however, a 40% chance that it will reduce the slope of the S$NEER band slightly.
SG and India collaborate to use technology for enhanced access to justice
The two markets signed two deals to promote bilateral judicial cooperation.
Looser monetary policy awaits Singapore in 2024: report
Experts believe inflation will fall further this year.
Inflation eases to 4.0% in August
MTI attributed the moderation to lower core and accommodation inflation.
Financial fitness is a major factor when it comes to the quality of life: Study
Developed markets scored lower than those in emerging markets.
MOE to implement more AI tools for detailed education
Beginning in December, two learning feedback assistants will be implemented into the SLS.
Gov’t extends 4% interest rate for SMRA in 2024
It will help CPF members mitigate the uncertain economic conditions.
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