Economists cut forecasts for Singapore's 2015 GDP after Q2 data disappoints

[dancingshoes]

Singapore Headline Inflation Likely to Be Negative Rest of Year
http://www.bloomberg.com/news/artic...-inflation-likely-to-be-negative-rest-of-year

major causes for deflation in sinkieland are control measures in property market and cheap oil prices.

 

[Runifyouhaveto]

major causes for deflation in sinkieland are control measures in property market and cheap oil prices.

We can sell more expensive BTOs since there's only 1 supplier
We can hike petrol tax further to make oil expensive

 

[GoldenDragon]

This is why I expect the GE to be announced real soon, If the PAP waits any longer there are many potential head winds.

Agree. It's quiet at RWS and at the HFJs too.

 

[Runifyouhaveto]

Agree. It's quiet at RWS and at the HFJs too.

Ya, the weekend RWS crowd was for the durian buffe, not gambling

 

[Runifyouhaveto]

Singapore consumer confidence dips again in July
http://www.straitstimes.com/busines...dence-dips-again-in-july-anz-roy-morgan-index

In terms of how they viewed their prospects, the proportion of respondents who said they expect their family to be "better off" next year dipped from 36 per cent to 33 per cent

 

[tonychat]

Ya, the weekend RWS crowd was for the durian buffe, not gambling

ok.. durian growers is different from last time. Now they use chemicals to grow the durian, you better don't eat too much.

oh.. don't take my word for it.. go and do your research..

advice is to eat organic durians or those grow from kampong..

 

[Runifyouhaveto]

Singapore consumer prices fell for the eighth consecutive month
http://www.straitstimes.com/busines...-prices-down-03-in-8th-straight-month-decline

 

[sleaguepunter]

Singapore consumer prices fell for the eighth consecutive month
http://www.straitstimes.com/busines...-prices-down-03-in-8th-straight-month-decline

big ticket items maybe cheaper but makan stuff still up price. rice, cooking oil etc etc... still marching upward.

 

[Runifyouhaveto]

ok.. durian growers is different from last time. Now they use chemicals to grow the durian, you better don't eat too much.

oh.. don't take my word for it.. go and do your research..

advice is to eat organic durians or those grow from kampong..

Good durians cannot touch the ground

 

[Runifyouhaveto]

big ticket items maybe cheaper but makan stuff still up price. rice, cooking oil etc etc... still marching upward.

yes, including bus n mrt fares when oil prices big crashed

 

[Dancingking]

all the more election will be held before a full-blown recession.

 

[Runifyouhaveto]

Singapore's June manufacturing output down 4.4%
http://www.businesstimes.com.sg/government-economy/singapores-june-manufacturing-output-down-44

SINGAPORE'S manufacturing sector contracted for the fifth straight month in June, with industrial output down 4.4 per cent on a year-on-year basis due to broad-based declines in all clusters save chemicals. This comes after May's 2.3 per cent drop and April's sharp 9.1 per cent fall. Excluding biomedical output - which fell 0.6 per cent in June - industrial production contracted 5.3 per cent.

 

[dancingshoes]

Singapore's June manufacturing output down 4.4%
http://www.businesstimes.com.sg/government-economy/singapores-june-manufacturing-output-down-44

SINGAPORE'S manufacturing sector contracted for the fifth straight month in June, with industrial output down 4.4 per cent on a year-on-year basis due to broad-based declines in all clusters save chemicals. This comes after May's 2.3 per cent drop and April's sharp 9.1 per cent fall. Excluding biomedical output - which fell 0.6 per cent in June - industrial production contracted 5.3 per cent.

minimal impact cos we are financial hub not industrial, i am longed on sgd.