Economy

Chart of the Day: 63% SMEs are expecting their earnings to rise

More than half of businesses are reporting positive cash flow.

Chart of the Day: 63% SMEs are expecting their earnings to rise

More than half of businesses are reporting positive cash flow.

CEOs in Singapore turn to deals for competitive advantage: report

This includes mergers and acquisitions, divestments, and joint ventures amongst others. 

3 in 4 SG CEOs are delaying investment plans amidst geopolitical tensions

This is above the global average of more than 3 in 5, EY reported.

SG, China conclude talks on enhanced free trade agreement 

The enhancements will create a conducive environment for businesses.

Further money policy tightening may be unlikely due to banking sector turmoil

The central bank’s tightening is still unchanged amidst economic risks.

PMET makes up more than half of vacancies in 2022

Its share of vacancies rose to 56% in 2022 from 53% in 2021.

Boost from China reopening may skirt Singapore’s technical recession: analyst

Maybank said the possibility of a recession went up 30% from 22% in March 2008.

Economic growth to slow down in 2023

UOB expects full-year GDP to grow by only 0.7%.

Sembcorp JV pens MOUs for industrial park development in Vietnam

The projects will enhance their socio-economic development.

Inflation eases to 6.3% in February

MTI attributed the moderation to lower private transportation inflation.

Consumer prices rise 1.7% YoY in February

The rate of increase moderated from January.

New measures on packaging, food waste needed to shrink carbon footprint: officials

Nearly seven out of 10 Singaporeans care about environmental sustainability.

NEA will require building managers to send food waster reports

This aims to reduce costs for businesses, Senior Minister Khor said.

Youth groups say quality of life dropped in 2023 compared to 2019

Teenagers were mostly hit by the impact of health restrictions for social events.