Economy

Chart of the day: Physically healthy Singaporeans are also financially fit

A study revealed that 55% of financially fit are also physically and mentally healthy.

Green goals or business growth? Majority of SMEs find it hard to balance both

It is businesses’ top obstacle to shift to sustainable business models.

Around 7 in 10 say rising cost of living prevents them from making sustainable choices

The majority would prioritise saving money over saving the planet.

Chart of the day: Singaporeans spend 5 hours a day in apps in Q3

This was a 40% increase from the previous quarter.

Singapore is 5th most expensive market for data centre construction

This is partly due to changes in planning conditions.

‘Expert’ investors more likely to see long-term gains in green investing

67% of investors in Singapore believe sustainable investing will have long-term returns. 

Singapore, Vietnam deepen ties in sustainability, innovation and digitalisation

The countries agreed to partner in infrastructure and manufacturing amongst others.

Exports momentum may be slow in Q4: analysts

This may be dragged by the softening demand in East Asia.

Gov't seeks to put up 20 R&D centres, hire 200 research scientists

It forms part of government's goal to help the energy and chemicals sector.

Singapore, Australia sign green deal

This covers seven areas of cooperation. 

Exports growth slows to 3.1% in September

This is down from the 11.4% growth in August 2022. 

Headline inflation expectation rises to 4.6% in September: DBS, SMU

This is the highest recorded expectation since December 2011.

GDP to grow 3.7% YoY in 2022: RHB

The forecast was revised upward from 3.2%.

Economy slightly eases in Q3: flash estimates

It grew 4.4% YoY from 4.5% YoY in Q2.

SG, Thailand boost bilateral economic relations 

Several agreements including trade and investment were signed.