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Singapore 2023 GDP growth narrows to 1%; Q3 growth at 1.1%
SINGAPORE’S full-year economic growth is expected to come in at around 1 per cent, the Ministry of Trade and Industry (MTI) said on Wednesday (Nov 22) morning.
Price hikes of essential services unavoidable, but needy households will get help: PM Lee
IN TIMES of slow growth and high inflation, the government cannot completely avoid raising the prices of some essential public services even as it strives to keep overall costs low, said Prime Minister Lee Hsien Loong on Wednesday (Nov 22).
Singapore downgrades 2023 export forecasts; projects NODX growth of 2% to 4% for 2024
SINGAPORE has downgraded its 2023 full-year forecasts for non-oil domestic exports (NODX) and total merchandise trade, amid weaker-than-expected performance in the first three quarters. This is mainly due to oil and electronics trade.
Mainstream car COEs at lowest level since January, while large car premiums spike 23 per cent
CERTIFICATE of Entitlement (COE) bidding in November’s second round saw prices for mainstream car COEs fall to lows not seen since January, while the prices of larger, more powerful cars spiked upwards by 23 per cent.
Maybank’s Q3 net profit rises 12.3% to RM2.4 billion
MALAYAN Banking (Maybank) reported a net profit of RM2.4 billion (S$677 million) for its third quarter ended Sep 30, 2023, up 12.3 per cent on the year from RM2.1 billion previously.
Singapore stocks snap 3-day losing streak; STI up 0.6% on Wednesday
SINGAPORE shares closed higher on Wednesday (Nov 22), snapping a three-day losing streak amid mixed trading in regional markets.
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