SINGAPORE ECONOMY

Singapore Budget 2018: Rosier outlook could set stage for tax hike, monetary policy tightening

THE Singapore economy is expected to expand at a more moderate pace this year as surging growth in the manufacturing sector stabilises and other industries pick up the baton.

Singapore economy expanded 3.6% in 2017; slower growth expected this year

SINGAPORE'S economy expanded 3.6 per cent last year - faster than initial estimates - thanks largely to strong growth in the manufacturing sector. ...
SINGAPORE BUDGET 2018

Singapore Budget 2018: Cost, talent crunch forcing firms to outsource abroad

HOMEGROWN e-marketplace service provider Shopmatic ran into a major hurdle in the early days of its regional expansion efforts.

Cars, tech products lift December retail sales

SURGING car sales as well as a brisk trade in mobile devices helped the retail sector end 2017 on a robust note. But performance remains patchy despite stronger economic growth as consumers are still holding back on some discretionary expenditures, economists say...

Singapore retail sales up 4.6% in December

SURGING car sales as well as a brisk trade in mobile devices helped the retail sector end 2017 on a robust note.

SMEs prioritising tech investments over other assets: survey

SMALL and medium-sized enterprises (SMEs) in Singapore and across the region are prioritising tech investments over assets such as factories and machinery, according to a new survey.

Linde to invest S$30m in Singapore digital technologies hub

GERMAN gas and engineering company Linde Group has launched a S$30 million Singapore-based initiative to spur the digital transformation of its plants and business processes across the region.

Linde to invest S$30m in Singapore digital technologies hub

GERMAN gas and engineering company Linde Group has launched a S$30 million initiative to develop digital technologies for its plants across the region.
NEWS ANALYSIS

Singapore Budget 2018: Time to relook foreign manpower restrictions?

FOREIGN labour restrictions have become part and parcel of doing business in Singapore. But in the run-up to Budget 2018, a segment of the business community is renewing calls to loosen manpower curbs in some fast-growing sectors.

Singapore still 2nd freest economy in the world; gap with top-ranked HK widens

SINGAPORE retained its position as the second freest economy in the world for the 24th consecutive year, but the margin with top-ranked rival Hong Kong has widened further.

Singapore companies should seize potential across Asean

THERE is "enormous potential" across the region waiting to be tapped and Singapore companies should act sooner rather than later, said Senior Minister of State for Trade & Industry and National Development Koh Poh Koon. To support businesses in their regional ventures, Singapore is...

Noble committed to 'open and ongoing dialogue' with shareholders: chairman

NOBLE chairman Paul Brough has sought to reassure shareholders that the company's board and management remain committed to "open and ongoing dialogue". ...

Huationg Global sued by group of similarly-named companies

CIVIL engineering company Huationg Global and its unit Huationg Contractor have been served with a writ of summons filed in the High Court by a group of similarly-named but unrelated companies.

Singapore still 2nd freest economy in the world; gap with top-ranked HK widens

SINGAPORE retained its position as the second freest economy in the world for the 24th consecutive year, but the margin with top-ranked rival Hong Kong has widened further.

US$ slide to 3-year low against S$ pushing exporters to hedge

THE greenback sank to a three-year low against the Singdollar on Thursday after United States Treasury Secretary Steven Mnuchin said he would welcome a weaker currency.

Professional services sector roadmap aims to create 5,500 new jobs a year for PMETs

A NEW roadmap to help boost the professional services sector aims to generate 5,500 new jobs for professionals, managers, executives and technicians (PMETs) every year until 2020.

Professional services sector roadmap aims to create 5,500 new jobs annually till 2020

A NEW roadmap to help boost the professional services sector is aiming to generate 5,500 new jobs for professionals, managers, executives and technicians (PMETs) every year until 2020.

Inflation turns positive in 2017; economists divided over pace of recovery this year

SINGAPORE'S inflation rate turned positive last year for the first time since 2014, thanks in part to stronger economic growth. ...

Low-income households benefited most from Singapore's mild inflation

HOUSEHOLDS in the lowest income bracket benefited the most from low inflation in the second half of 2017, according to statistics released on Tuesday.
COMMENTARY

Singapore Budget 2018: Do taxes really need to go up?

HIGHER taxes have become the talk of the town in the run-up to Budget 2018.

Slower December export growth, currency effect mask strong finish to 2017

AT FIRST glance, Singapore's December export data seems to show that the trade-driven lift fuelling the economy over the past year has started to fizzle out. ...

Singapore exports log weaker-than-expected rise in December; full-year growth hits 7-year peak

SINGAPORE exporters ended 2017 on a muted note after a year of surging growth, with shipments coming in way below expectations in December.
SINGAPORE BUDGET 2018

Relax manpower rules to help firms with digital transformation: KPMG

PROFESSIONAL services firm KPMG has joined a growing chorus calling for more flexible manpower policies to help companies go digital.

Digital transformation should be key focus in Budget 2018: KPMG

BUDGET 2018 should give companies more support to go digital, said KPMG.

Singapore among 25 countries leading the world in advanced manufacturing

SINGAPORE is among 25 countries best positioned to benefit from the rise of advanced manufacturing and smart factories, according to a new report from the World Economic Forum.