New Home Sales in Singapore decreased to 660 Units in March from 976 Units in February of 2020. New Home Sales in Singapore averaged 845.69 Units from 2013 until 2020, reaching an all time high of 2793 Units in March of 2013 and a record low of 230 Units in December of 2014. New home sales in Singapore refers to sales of private homes by developers. This page provides - Singapore New Home Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Deflator in Singapore increased to 106.71 points in the fourth quarter of 2019 from 104.88 points in the third quarter of 2019. GDP Deflator in Singapore averaged 78.77 points from 1975 until 2019, reaching an all time high of 107.55 points in the fourth quarter of 2018 and a record low of 43.49 points in the first quarter of 1975. This page provides - Singapore GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Singapore contracted 10.60 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Singapore averaged 6.45 percent from 1975 until 2020, reaching an all time high of 27.20 percent in the second quarter of 2010 and a record low of -10.90 percent in the third quarter of 2010. Since gaining independence in 1963, Singaporean economy has been growing rapidly and as a result the country has now one of the highest GDP per capita in the world. The economy depends heavily on foreign trade; both from port activities and from exports of electronic components and refined oil. The country is a leading foreign direct investment recipient due to its status of one of the freest, most competitive and most business-friendly economies in the world. Singapore is also an important financial center. This page provides - Singapore GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Singapore decreased to 89.35 points in March from 95.21 points in February of 2020. Producer Prices in Singapore averaged 101.62 points from 1974 until 2020, reaching an all time high of 135.53 points in July of 2008 and a record low of 77.52 points in May of 1975. In Singapore, The Domestic Supply Price Index (DSPI) shows the price changes of locally manufactured goods and imports which are retained for use in the domestic economy. This page provides - Singapore Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Productivity in Singapore increased to 107 points in the fourth quarter of 2019 from 99.50 points in the third quarter of 2019. Productivity in Singapore averaged 85.17 points from 1980 until 2019, reaching an all time high of 110.80 points in the first quarter of 2019 and a record low of 51.70 points in the second quarter of 1980. In Singapore, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - Singapore Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore recorded a trade surplus of 3182.53 Million SGD in March of 2020. Balance of Trade in Singapore averaged 934.77 Million SGD from 1964 until 2020, reaching an all time high of 7973.33 Million SGD in March of 2015 and a record low of -1999.81 Million SGD in October of 1993. Singapore economy relies on purchasing of intermediate goods and exporting of high-value added products. Main exports are: machinery and equipment (43 percent of the total exports); petroleum (19 percent) and chemicals (13 percent). Main imports are: machinery and equipment (39 percent of the total imports); petroleum (33 percent); chemical products (7 percent) and miscellaneous manufactured articles (7 percent). In 2017, the biggest trade deficits were recorded with China, Hong Kong, Malaysia, Indonesia and the United States. Singapore did not record surpluses with any country. This page provides the latest reported value for - Singapore Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate For Companies in Singapore stands at 17 percent. Social Security Rate For Companies in Singapore averaged 15.41 percent from 2004 until 2019, reaching an all time high of 17 percent in 2015 and a record low of 13 percent in 2005. In Singapore, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Singapore because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Singapore Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Singapore was estimated at 5.7 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Singapore had a population of 1.7 million people. The population of Singapore represents 0.08 percent of the world´s total population which arguably means that one person in every 1346 people on the planet is a resident of Singapore. This page provides - Singapore Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore is ranked 2 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Singapore remained unchanged at 2 in 2019 from 2 in 2018. Ease of Doing Business in Singapore averaged 1.50 from 2008 until 2019, reaching an all time high of 3 in 2015 and a record low of 1 in 2009. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Singapore.

Consumer Spending in Singapore decreased to 45589.60 SGD Million in the fourth quarter of 2019 from 45597.80 SGD Million in the third quarter of 2019. Consumer Spending in Singapore averaged 20194.98 SGD Million from 1975 until 2019, reaching an all time high of 45597.80 SGD Million in the third quarter of 2019 and a record low of 4470.60 SGD Million in the first quarter of 1975. This page provides - Singapore Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Singapore increased to 12534.30 SGD Million in the fourth quarter of 2019 from 12231 SGD Million in the third quarter of 2019. Government Spending in Singapore averaged 5036.66 SGD Million from 1975 until 2019, reaching an all time high of 12534.30 SGD Million in the fourth quarter of 2019 and a record low of 833.20 SGD Million in the first quarter of 1975. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Singapore Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Singapore decreased to 732127 in February from 1687344 in January of 2020. Tourist Arrivals in Singapore averaged 686495.92 from 1978 until 2020, reaching an all time high of 1802025 in July of 2019 and a record low of 147954 in February of 1978. This page provides - Singapore Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The STI finished near the flat line at 2,592 on Friday as downbeat corporate earnings results overshadowed easing tensions between the US and China as both countries had a phone call to discuss the Phase 1 trade deal and pledged to fulfill their commitments. Southeast Asia's second-largest lender Oversea-Chinese Banking Corp posted its lowest quarterly profit in seven years and flagged a weak outlook due to the coronavirus pandemic, while Singapore Airlines said it would report a sharp operating loss in the latest quarter also due to a collapse in fuel prices. For the week, the STI lost 1.2%. Historically, the Singapore Stock Market (STI) reached an all time high of 3906.16 in October of 2007. The Straits Times Index STI is a major stock market index which tracks the performance of the top 30 companies listed on the Singapore Exchange. It is a capitalization weighted index. The STI Index dates back to 1966. Yet, it was recalculated twice in 1998 and in 2008 according to the FTSE methodology.

Leading Economic Index in Singapore decreased to 107.70 points in the fourth quarter of 2019 from 108.70 points in the third quarter of 2019. Leading Economic Index in Singapore averaged 67.04 points from 1978 until 2019, reaching an all time high of 109.90 points in the fourth quarter of 2017 and a record low of 23.70 points in the first quarter of 1978. In Singapore, the Composite Leading Index is a predictive tool to anticipate upturns and downturns in the economy and approximately when, an expansion or recession will take place. It is an aggregation of nine economic indicators: total new companies formed, money supply (M2), stock exchange of Singapore indices, business expectations for wholesale trade, business expectations for stock of finished goods (manufacturing), US Purchasing Managers’ Index (manufacturing), total non-oil Seaborne Cargo Handled, domestic liquidity indicator, total non-oil retained imports. The index has a base value of 100 as of 2005. This page provides - Singapore Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retirement Age Men in Singapore remained unchanged at 62 in 2019 from 62 in 2018. This page provides - Singapore Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labor Force Participation Rate in Singapore increased to 68 percent in 2019 from 67.70 percent in 2018. Labor Force Participation Rate in Singapore averaged 64.61 percent from 1970 until 2019, reaching an all time high of 68.30 percent in 2015 and a record low of 55.30 percent in 1970. The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Singapore Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Singapore increased to 424828.10 SGD Million in April from 397478.50 SGD Million in March of 2020. Foreign Exchange Reserves in Singapore averaged 135198.31 SGD Million from 1972 until 2020, reaching an all time high of 424828.10 SGD Million in April of 2020 and a record low of 4174.40 SGD Million in January of 1972. In Singapore, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - Singapore Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retirement Age Women in Singapore remained unchanged at 62 in 2019 from 62 in 2018. This page provides - Singapore Retirement Age Women - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Composite Pmi in Singapore decreased to 28.10 points in April from 33.30 points in March of 2020. Composite Pmi in Singapore averaged 51.56 points from 2013 until 2020, reaching an all time high of 56.80 points in May of 2018 and a record low of 28.10 points in April of 2020. The IHS Markit Singapore Purchasing Managers’ Index™ (PMI™) is based on data compiled from monthly replies to questionnaires sent to executives in over 400 private sector companies including manufacturing, services, construction and retail. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. An index reading above 50 indicates an overall increase in private sector activity, below 50 an overall decrease. This page provides - Singapore Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Singapore remained unchanged at 0.25 percent in February from 0.25 percent in January of 2020. Deposit Interest Rate in Singapore averaged 2.70 percent from 1977 until 2020, reaching an all time high of 12.80 percent in October of 1981 and a record low of 0.13 percent in January of 2012. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Singapore.

The Sales Tax Rate in Singapore stands at 7 percent. Sales Tax Rate in Singapore averaged 6.73 percent from 2006 until 2020, reaching an all time high of 7 percent in 2008 and a record low of 5 percent in 2007. In Singapore, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Singapore. This page provides - Singapore Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate in Singapore stands at 37 percent. Social Security Rate in Singapore averaged 35.41 percent from 2004 until 2019, reaching an all time high of 37 percent in 2015 and a record low of 33 percent in 2005. In Singapore, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Singapore because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Singapore Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Labour Costs in Singapore increased to 107 points in the fourth quarter of 2019 from 99.50 points in the third quarter of 2019. Labour Costs in Singapore averaged 85.17 points from 1980 until 2019, reaching an all time high of 110.80 points in the first quarter of 2019 and a record low of 51.70 points in the second quarter of 1980. This page provides - Singapore Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Singapore increased to 9903.80 SGD Million in February from 6917.80 SGD Million in January of 2020. Government Revenues in Singapore averaged 6322.22 SGD Million from 2011 until 2020, reaching an all time high of 24579.90 SGD Million in May of 2019 and a record low of 3193.50 SGD Million in April of 2014. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Singapore Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Singapore decreased to 28702.60 SGD Million in the fourth quarter of 2019 from 29748.50 SGD Million in the third quarter of 2019. Gross Fixed Capital Formation in Singapore averaged 13264.54 SGD Million from 1975 until 2019, reaching an all time high of 31280.40 SGD Million in the fourth quarter of 2017 and a record low of 1971.60 SGD Million in the third quarter of 1975. This page provides - Singapore Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Singapore increased by 37792.20 SGD Million in the fourth quarter of 2019. Foreign Direct Investment in Singapore averaged 14257.60 SGD Million from 1995 until 2019, reaching an all time high of 43061 SGD Million in the first quarter of 2017 and a record low of -4441.60 SGD Million in the second quarter of 2003. This page provides the latest reported value for - Singapore Foreign Direct Investment - Net Inflows - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gasoline Prices in Singapore increased to 1.45 USD/Liter in April from 1.44 USD/Liter in March of 2020. Gasoline Prices in Singapore averaged 1.50 USD/Liter from 1990 until 2020, reaching an all time high of 1.80 USD/Liter in June of 2015 and a record low of 0.61 USD/Liter in December of 1990. This page provides the latest reported value for - Singapore Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Singapore recorded a Current Account surplus of 16.90 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Singapore averaged 12.08 percent from 1980 until 2019, reaching an all time high of 26.10 percent in 2007 and a record low of -13.10 percent in 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Singapore Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Singapore decreased 13.30 percent in March of 2020 over the same month in the previous year. Retail Sales YoY in Singapore averaged 4.69 percent from 1986 until 2020, reaching an all time high of 50.70 percent in February of 1988 and a record low of -28.40 percent in February of 1986. In Singapore, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides the latest reported value for - Singapore Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Fiscal Expenditure in Singapore decreased to 6641.40 SGD Million in February from 6783.70 SGD Million in January of 2020. Fiscal Expenditure in Singapore averaged 5237.34 SGD Million from 2011 until 2020, reaching an all time high of 16654.70 SGD Million in March of 2019 and a record low of 2544.20 SGD Million in October of 2011. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Singapore Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Singapore decreased 1.30 percent in March of 2020 over the previous month. Retail Sales MoM in Singapore averaged 0.39 percent from 1985 until 2020, reaching an all time high of 32.60 percent in April of 1998 and a record low of -31.30 percent in April of 1994. In Singapore, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Singapore, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides the latest reported value for - Singapore Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Job Vacancies in Singapore increased to 50000 in the fourth quarter of 2019 from 45000 in the third quarter of 2019. Job Vacancies in Singapore averaged 38239.17 from 1990 until 2019, reaching an all time high of 67400 in the third quarter of 2014 and a record low of 12000 in the second quarter of 2003. This page provides - Singapore Job Vacancies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from Singapore in China decreased to 2410800 USD THO in April from 2445900 USD THO in March of 2020. Imports from Singapore in China averaged 2593465.27 USD THO from 2014 until 2020, reaching an all time high of 4972900 USD THO in February of 2020 and a record low of 9533 USD THO in April of 2014. This page includes a chart with historical data for China Imports From Singapore.

Exports to Singapore in China decreased to 4909100 USD THO in April from 4922100 USD THO in March of 2020. Exports to Singapore in China averaged 4241546 USD THO from 2014 until 2020, reaching an all time high of 7476500 USD THO in February of 2020 and a record low of 2228512.94 USD THO in February of 2014. This page includes a chart with historical data for China Exports To Singapore.

Exports to Singapore in New Zealand increased to 99.49 NZD Million in March from 93.50 NZD Million in February of 2020. Exports to Singapore in New Zealand averaged 93.92 NZD Million from 2014 until 2020, reaching an all time high of 320.84 NZD Million in February of 2016 and a record low of 50.76 NZD Million in January of 2015. This page includes a chart with historical data for New Zealand Exports to Singapore.

Central Bank Balance Sheet in Singapore increased to 410319 SGD Million in March from 407601.70 SGD Million in February of 2020. Central Bank Balance Sheet in Singapore averaged 361001.68 SGD Million from 2009 until 2020, reaching an all time high of 416258.30 SGD Million in April of 2019 and a record low of 271915 SGD Million in December of 2009. This page provides - Singapore Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Singapore increased by 2103 SGD Million in the fourth quarter of 2019. Changes in Inventories in Singapore averaged 201.81 SGD Million from 1975 until 2019, reaching an all time high of 5885.80 SGD Million in the second quarter of 2010 and a record low of -5379.50 SGD Million in the first quarter of 2007. In Singapore, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Singapore Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore Three Month Interbank Rate was at 0.69 percent on Friday May 8. Interbank Rate in Singapore averaged 1.72 percent from 1995 until 2020, reaching an all time high of 9.84 percent in January of 1998 and a record low of 0.34 percent in September of 2011. In Singapore, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Singapore Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Singapore increased 1.70 percent in January of 2020 over the same month in the previous year. Food Inflation in Singapore averaged 2.86 percent from 1962 until 2020, reaching an all time high of 60.30 percent in November of 1973 and a record low of -7.90 percent in August of 1976. This page provides the latest reported value for - Singapore Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Singapore was last recorded at 1.26 percent. Interest Rate in Singapore averaged 1.66 percent from 1988 until 2020, reaching an all time high of 20 percent in January of 1990 and a record low of -0.75 percent in October of 1993. Sibor is a reference rate based on the interest rates at which banks offer to lend unsecured funds to each other in the Singapore interbank market. In Singapore, the monetary policy decisions are taken by The Monetary Authority of Singapore (Penguasa Kewangan Singapura). The Monetary Authority of Singapore does not control the monetary system by monitoring interest rates. Instead, it manages the Singapore dollar (SGD) exchange rate against a trade-weighted basket of currencies of Singapore's major trading partners and competitors. On January 28th, 2015 Singapore’s Monetary Authority surprisingly reduced the slope at which the SGD appreciates against main currencies, citing lower inflation expectations due to falling oil prices. This page provides the latest reported value for - Singapore Average Overnight Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Chinese ecommerce giant to help expand 50-floor Axa Tower

Since announcing the commercial availability of Spot, Boston Dynamics has presented a range of different gigs for the robot, from construction to telepresence. Last month, the company announced it was partnering with local hospitals interested in using the platform to perform remote visits for COVID-19 victims. Turns out the global pandemic has spurred all manner […]

An enhanced Singapore-Australia free trade agreement (SAFTA) represents the biggest step-forward in over a decade in our economic relationship with Singapore.

Spot will traverse a 4-mile swath of Bishan-Ang Mo Kio Park during off-peak hours while playing a recorded message that reminds park-goers 'observe safe distancing measures.'

The machines were spotted at two different restaurants in the island-city state: The House of Seafood restaurant in Punggol and Sea Tripod Seafood Group's Jurong restaurant, Singapore.

Make these tasty Singapore noodles with this recipe from the Hairy Bikers' new cookbook. It is Dave's go-to dish in Chinese restaurants, and surprisingly is not well known in Singapore.

A couple who allegedly killed their five-year-old boy by pouring boiling water over him three years ago began their trial on Tuesday at Singapore's High Court (pictured main).

Singapore Airlines is one of the most lauded carriers in the world, with more awards than you can shake a designer amenity kit at. But the scores from these experts are far from perfect...

An Australian cruise ship has been forced to evacuate 2,000 passengers in Singapore after a contagious virus caused mass vomiting and diarrhoea.

Sir James Dyson announced the move to Singapore in January, prompting claims of 'staggering hypocrisy' against the billionaire who backed Brexit in the 2016 referendum.