The Purchasing Managers’ Index (PMI) for December came in at 50.6, an increase of 0.4 point from the previous month, indicating the "resilience of the manufacturing sector in spite of the uncertainties in the global economy", says SIPMM.
For the whole of 2016, prices of non-landed private residential properties in the Core Central Region, Rest of Central Region and Outside Central Region fell 1.3 per cent, 2.8 per cent and 3.1 per cent respectively.
Finance Minister Heng Swee Keat will deliver Singapore’s 2017 Budget Statement in Parliament on Feb 20.
Singapore's economy expanded a faster-than-expected 1.8 per cent in the final three months of 2016, putting growth for the whole year at 1.8 per cent, according to advance estimates released by the Ministry of Trade and Industry on Tuesday (Jan 3).
Looking ahead, observers Channel NewsAsia spoke to say that any push in the STI next year could be capped at about 3,300 points.
India will start imposing capital gains tax on investments coming from Singapore from April and fully withdraw exemptions in two years, as the two countries agreed to amend a decade-old treaty after New Delhi rolled back similar concessions to Mauritius and Cyprus earlier this year.
Singapore sovereign wealth fund GIC will pay £48.5 million (S$86 million) for a 50 per cent stake in a leisure and dining development in Britain, a joint statement said on Friday (Dec 30).
One year on from its inception, about 74 per cent of Singapore companies polled in a recent Singapore Business Federation (SBF) survey said they don’t think the AEC has benefited them.
Singapore's consumer price index (CPI) ended its longest stretch of decline last month, with one analyst calling it an "important milestone". What was behind the record streak of falling prices? And what does it mean for Singaporeans, now that inflation is out of contraction territory?
With some players calling 2016 their 'worst year ever', Channel NewsAsia looks at the potential opportunities for the shipping industry to ride out the wave.