Singapore

Zest

Singapore moves to switch bank lending rate benchmarks

SINGAPORE (Aug 30): Singapore’s banking body on Friday said it would shift away from using Singapore dollar swap offer rates (SOR) as a key lending benchmark due to likely discontinuation of the London Interbank Offered Rate, which heavily influences SO

Sustainability

Singapore says Musk's electric cars are about 'lifestyle', not climate

SINGAPORE (Aug 22): Singapore has a message for Elon Musk: Taking mass transit is a better climate-change solution than tooling around in one of his Tesla Inc's electric vehicles.

Singapore economy

Singapore goes all in with private sector in infrastructure push

SINGAPORE (Aug 20): Singapore has been moving forward on its aim to be the lead broker of infrastructure projects in Southeast Asia, and is intent on getting the private sector more involved.

SE Asian economies

Goldman cuts growth forecasts for Asia’s four 'tiger' economies

(Aug 16): Goldman Sachs Group Inc slashed growth forecasts for the “Asian Tigers” as their exposure to the world economy -- once one of their greatest strengths -- is now backfiring as global growth slows amid trade tensions.
Singapore July private home sales drop 32% on year

Property

Singapore July private home sales drop 32% on year

SINGAPORE (Aug 15): Sales of private homes by developers in Singapore dived 31.2% in July from a year earlier, government data showed on Thursday.

Inequality

Making sense of data: Household income and expenditure, basic needs and inequality

When the lowest income households have higher expenditure than income, what does this imply about inequality and unmet needs? How do we put trends of mobile phone and aircon ownership in perspective? Ng Kok Hoe and Teo You Yenn offer insight into the late

Singapore economy

Singapore's ordinary folk spend faster than the rich

(Aug 5): Singapore is Asia’s Monte Carlo, a playground of the wealthy. The city-state has two casinos, an annual Formula One race, and the third-highest concentration of ultra-rich individuals after Monaco and Geneva. It’s home not just to the “Craz
Singapore’s historic Raffles Hotel reopens after two-year restoration

Property

Singapore’s historic Raffles Hotel reopens after two-year restoration

(Aug 1): An icon of Singapore’s history has been restored and is now open again.
Singapore's hot-again housing market paying dividends for DBS

Property

Singapore's hot-again housing market paying dividends for DBS

(July 30): Singapore’s newly buoyant housing market is proving a boon for its biggest bank.

Healthcare

Prevention more critical as Singaporeans live longer with chronic diseases: Prudential

SINGAPORE (July 23): Eight in 10 medical practitioners say Singapore’s healthcare system should focus more on disease prevention as Singaporeans live longer and are predisposed to chronic diseases at an earlier age.
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