In Focus
Economy soars by 14.3% in second quarter: MTI
Analysts upgraded their full-year GDP forecasts as the economy slowly recovers to pre-pandemic levels.
Economy soars by 14.3% in second quarter: MTI
Analysts upgraded their full-year GDP forecasts as the economy slowly recovers to pre-pandemic levels.
Condo resale volumes fall 12.6% to 1,510 units in June
Tighter safety management measures continued to restrict the market, analysts say.
SG IPO market slows down, raises $337m in proceeds in H1
There were only three initial public offerings in Singapore in the first six months of 2021.
Shophouse sales breach new high with 118 transactions in H1
Knight Frank expects sales values for the full year to exceed the $1.46b high posted in 2018, with sales volumes to cross the 200 unit mark.
HDB resale prices climb for the 12th straight month in June
HDB prices record a 0.9% uptick in June from May.
SG needs to embrace globalisation: Ong Ye Kung
Minister of Health and former trade negotiator, Ong Ye Kung, also defends the India-Singapore Comprehensive Economic Cooperation Agreement.
Additional $1.2b announced for COVID-19 support measures
This includes the extension of the Job Support Scheme for vulnerable industries.
Payment delays increase in Q2
More companies, particularly in retail and consumer services, were not able to pay for transactions on time.
City fringe business park rents surge by 2.5% in H1 2021
Vacancy rates slowed down to 7.8% in Q2 compared to 9.9% in Q1.
Home sale prices rise for the fifth straight quarter
Private residential property prices rose by 0.9% in the second quarter of 2021.
Real estate investment sales volume surges to $9.17b in H1 2021
This comes at the back of an active real estate investment sales scene in Singapore.
Three key pillars that will help rebuild SG's events landscape
The Singapore Tourism Board has issued a white paper in aid of the business events sector.
May manufacturing performance beats median estimates
Transport engineering cluster clocked fastest growth pace since 2006
Economic recovery on track despite month-long economic halt: Maybank
But a high risk of inflation overshooting.
May records largest surge in manufacturing performance in 10 years
Singapore’s manufacturing output leaped 30% YoY for the month.
Headline inflation seen to rise up to 1.5% in 2021
Overall inflation rose to 2.4% in May, the highest since November 2013.
Moody's: MAS measures against erring insurers to boost client confidence
The overall business impact would be temporary because no further penalties were handed out.