Economy

Sorry Einmilk, in Singapore people prefer global milk brands

Consumers in Singapore are displaying a growing preference for global brands rather than locally manufactured products, especially when it comes to baby food or baby milk, market researcher Nielsen said.

Nov 23, 2017

By Aastha Agnihotri

Singapore Q3 exports rise on electronics demand; eyes fastest 2017 growth in seven years

Singapore's non-oil domestic exports (NODX) rose 7.6 percent in the third quarter, helped by growth in electronic and non-electronic exports.

Nov 23, 2017

By Aastha Agnihotri

Singapore Q3 GDP beats forecast: Here are 5 things to know

Singapore's economy grew much faster than initially estimated in the third quarter, beating analysts' expectations, helped by strength in manufacturing activity.

Nov 23, 2017

By Aastha Agnihotri

U.K. Budget 2017: Winners and losers

U.K. Chancellor of the Exchequer Philip Hammond has announced the first Autumn budget for twenty years, after it switched from Spring. But who are the winners and losers of this budget?

Nov 22, 2017

By Staff Reporter

The Odeon tower building is seen in Monaco

Why world millionaires, including Djokovic, are heading to Monaco?

There are several wealthy individuals, who have their residence in Monaco starting from Sir Philip Green's wife, Tina, Formula One driver Lewis Hamilton, Jenson Button and the tennis ace Novak Djokovic. Many more millionaires are heading to Monaco now.

Nov 21, 2017

By Bhaswati Guha Majumder

Singapore at 13th spot in world talent competitiveness, lags Hong Kong

Singapore held 13th spot in the world in attracting and developing talent, a notch below Hong Kong.

Nov 21, 2017

By Aastha Agnihotri

Is Singapore ready for a bump in GST that is among region's lowest?

Singapore's GST, introduced in 1994, now accounts for almost one-quarter of the city's tax collection.

Nov 21, 2017

By Aastha Agnihotri

5 key highlights from PM Lee's speech at People's Action Party convention

Singaporean Prime Minister Lee Hsien Loong addressed his People's Action Party's 2017 convention on Sunday.

Nov 20, 2017

By Aastha Agnihotri

Singapore suspends trade relations with North Korea amidst UN sanctions

Singapore, North Korea's seventh largest trading partner, has halted its trade relations with the reclusive country, as part of global efforts to cut off funding over its nuclear and missile programs.

Nov 16, 2017

By Aastha Agnihotri

Singapore economy expands by 1.8 per cent in Quarter 1

Singapore to release third-quarter GDP data on Nov 23

The government will release Singapore's third-quarter economic survey on November 23 at 8am local time.

Nov 16, 2017

By Aastha Agnihotri

SMRT suspends train service between Joo Koon and Tuas Link stations

SMRT Corp on Thursday suspended train services between Joo Koon and Tuas Link stations following previous day's collision, which left nearly 29 people injured.

Nov 16, 2017

By Aastha Agnihotri

Terrorism claims fewer lives globally in 2016, but spread in the West

The total number of deaths caused by terrorism around the world fell for the second straight year, even as 2016 was recorded the third deadliest year since 2000, according to a global study.

Nov 15, 2017

By Aastha Agnihotri

Singapore train collides with stationary train leaving 23 injured

At least 23 people were injured when Singapore's mass-rapid rail system suffered a collision when a train operated by SMRT Corp hit another stationary one on Wednesday.

Nov 15, 2017

By Aastha Agnihotri

MAS unveils new tie-ups as the world's largest fintech event kicks off in Singapore

The Monetary Authority of Singapore (MAS) unveiled new fintech initiatives as the second edition of the Singapore FinTech Festival began on Monday.

Nov 14, 2017

By Aastha Agnihotri

SGX first in Asia to offer new derivatives on MSCI Emerging Markets indexes

Singapore Exchange (SGX) on Monday said it has launched net total return and price return futures on the MSCI Emerging Markets (EM) and MSCI EM Asia indices.

Nov 13, 2017

By Aastha Agnihotri