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Singapore economy News

23 Mar 2016

Singapore Feb core CPI rises 0.5% year-over-year, highest in 5 months

Singapore`s core inflation gauge rose 0.5 percent in February from a year earlier, the fastest pace in five months, on the back of higher food prices, data showed on Wednesday.

Singapore economy

14 Jul 2015

Singapore economy contracts in second quarter

Singapore`s economy shrank in the second quarter of the year, official data showed Tuesday, as slowing demand from key export markets China and Europe hit manufacturing.

17 Apr 2015

Singapore exports jump most in 3 years on strong US, Europe demand

The result compared with a 0.7 percent contraction forecast in a Reuters poll, and a 9.7 percent drop in February, and suggested global demand may be on the mend.

Singapore economy

17 Feb 2015

Singapore more than triples earlier Q4 growth in 2014

Singapore's economy grew more strongly than initially estimated in the final quarter of last year as manufacturing improved, but the country's outlook for this year remained modest at 2.0 to 4.0 per cent in the face of an uneven global recovery.

18 Oct 2014

Singapore's foreign worker curbs could hurt competitiveness, growth: IMF

The IMF said Singapore`s plans to restructure its economy by trying to boost productivity and curb use of cheap foreign labour could eventually set the stage for a long period of sustainable growth.

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