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Regulations gnawing at corporate profits
Credit Suisse expects S'pore GDP growth to slow to 1.1% in 2017
Add BT as a preferred sourcePublished Fri, Sep 9, 2016 · 09:50 PM
Singapore
PRO-CONSUMER regulatory changes in the last five years may have sapped Singapore Inc's mojo, a new report shows, signalling the need for the Republic's productivity drive to rev up urgently.
A Credit Suisse report on Friday pointed to falling corporate profitability and rising labour costs as reasons to stay cautious on the Singapore market.
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