Economy
Liveable, sustainable cities needed in post-pandemic era: gov’t
This was delivered during the World Cities Summit Mayoral Lunch 2022.
Liveable, sustainable cities needed in post-pandemic era: gov’t
This was delivered during the World Cities Summit Mayoral Lunch 2022.
Chart of the day: 62% of the accommodation industry expects improve outlook in H2
Return of tourists in Singapore seen as a catalyst for improve business conditions.
MAS to cut down carbon footprint in equities portfolio by 50% by 2030
This is part of the regulatory body's promise to build a climate-resilient portfolio.
GDP estimates lowered following manufacturing sector slowdown
Analysts now predict 2022 GDP growth to settle at 3.2% YoY from 3.5% YoY.
Analysts raises full-year headline inflation forecast to 5.5%-6%
A further tightening of monetary policy in October is also likely.
Inflation picks up to 6.7% in June
It accelerated due to higher private transport, and accommodation inflation.
Schroders, Conservation International invest in SG firm to speed up climate solutions
Akaria Natural Capital will deploy capital from 15 to 20 projects.
Free trade agreement with MERCOSUR to provide investor protection
The deal concluded on 21 July 2022 in Paraguay.
Chart of the day: More than 4 out of 5 S’poreans said cost of living went up
Older Singaporeans felt the brunt of the increase more strongly than those younger.
Not enough aid? 86% of Singaporeans want gov't to do more vs inflation
In June, the government announced a $1.5b support package for lower-income groups.
Exports growth to slow in the second half of 2022: analysts
China's slowdown is amongst the factors dampening the global trade outlook.
SC-STS, ABS finalise key settings for MAS Recommended Rate
It will serve as a contractual fallback reference rate in wholesale SOR contracts.
Inflation to hit 3.9% in 2023: survey
In March, consumers expected a 4.1% inflation for 2023.
Chart of the day: Singapore non-oil export growth slows down to 9% in June
Growth was dragged as electronic demand cools.
Exports growth moderates to 9.0% in June
In May, non-oil domestic exports grew by 12%.
MAS 'not done yet' with policy tightening: analysts
Experts believe that the S$NEER slope will be raised to 2% in October.
Chart of the day: 45% of S’poreans worry about increasing healthcare costs
Singaporeans are less worried about the cost of education increasing.