SG Economy

SINGAPORE: International travel was one bright spot, and perhaps even a saving grace for the economy, based on a May 25 (Thursday) report from the Ministry of Trade and Industry of final estimates for the first quarter of this...

SINGAPORE: The Malaysian ringgit has continued on a downward trajectory against the Singapore dollar, with the exchange rate now at S$1 to RM3.41. Since the beginning of 2023, the Singapore dollar's value has increased by 4.15 per cent against the...

SINGAPORE: The Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) said in a joint statement on Tuesday (May 23) that a recent drop in inflation for food, gas, electricity, retail, and other goods has...

SINGAPORE: While the number of very rich people around the globe dropped by 3.8 per cent in 2022, Singapore bucked that trend with a 6.9 per cent increase in the number of ultra-high-net-worth individuals (UHNWIs) in the country. In 2021,...

SINGAPORE: Netizens are questioning a recent advertisement of the Consumers Association of Singapore (CASE), after it seemed to imply that consumers can choose how much they spend on particular items. In response, however, many have come up with examples...

SINGAPORE: The relentless heatwave in Singapore has dealt a severe blow to local farms, resulting in a significant 20 per cent decline in food supply, according to a Channel 8 news report. According to the Chinese channel, the scorching temperatures...

SINGAPORE: Scoot, the budget carrier under Singapore Airlines (SIA), has declared that eligible employees will be rewarded with an exceptional bonus amounting to almost six months of pay. The bonus package consists of a performance bonus of 4.76 months and...

SINGAPORE: A five-room flat in Bedok has sold for a cool million dollars, setting a new record in the eastern town, amid soaring property prices island-wide. The 1,130 square feet unit, located either on the 10th, 11th or 12th floor...

SINGAPORE: Singaporeans have been overcome by a feeling of intense nostalgia after a netizen shared a publication clipping allegedly from the 90s, when there appeared to be no sales tax yet in the country. An online user took to Reddit...

SINGAPORE: A dissatisfied passenger took to social media to share a photo of what breakfast on a plane from Singapore to Melbourne looked like. The passenger took to an online news forum on Monday (May 8) to share photos of...