Economy
NODX decline likely to continue for a few more months
Experts predict that NODX will contract by -5.5% to -9% in 2023.
NODX decline likely to continue for a few more months
Experts predict that NODX will contract by -5.5% to -9% in 2023.
3 ways SG can benefit from rising interest from Central and Eastern Europe consumers
Singapore is the third most trusted market of consumers in central and eastern Europe.
Non-oil domestic exports drop 9.8% YoY in April
A 20.9% drop in exports to China drove the overall decline.
1 in 3 Singaporeans plan to invest more amidst rising inflation
Inflation is the biggest financial concern of Singaporeans.
Singapore’s AUM grew by $470b mostly due to institutional investors: MAS
The growth makes up around 20% of the increase in total AUM from 2017 to 2021.
MAS expands gold reserves by 45% in Q1
It was the first increase since June 2021.
Chart of the Day: SG vs HK on R&D spending
Singapore spends 1.9% of its GDP on research and development.
Why 'shrinkflation' is dangerous for F&B operators
Inflation is expected to remain high at 4.6% in Singapore.
Employment growth eases in Q1
In Q1, employment grew by 34,500.
Analyst finds substantial risk in Singapore’s technical recession
The decline will be largely driven by the weakness in manufacturing.
8 in 10 C-suite executives say delaying sustainability goals may damage company value
But majority say they are challenged to achieve their progress with low budget.
Analysts tell investors to stay defensive amidst uncertain US Fed policy action
Preferred exposure is healthcare, industrial REIT sectors, and consumer staples.
Greenwashing? Nearly 70% of top-level executives admit overstating sustainability goals
But 92% believe greenwashing is “accidental.”
Core inflation to fall below 5.0% in remaining quarters
RHB expects core inflation to fall at around 2.5% at year-end.
Singapore, Shanghai strengthen ties with 15 new agreements
These cover the areas of financial services and the digital economy, amongst others.
March inflation slows to 5.5% YoY
The rate of price increase in all sectors slowed down except for electricity and gas.
Private equity deals down 49% YoY in 2022
Total deals in the region declined to 97 from 108.