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SINGAPORE: Singapore's non-oil domestic exports (NODX) rose 12.3 per cent year-on-year in September, marking a 10th straight month of growth.Growth was mainly due to non-electronics, although electronic exports also rose, according to data released by Enterprise Singapore (ESG) on Monday (Oct 18).On a month-on-month seasonally adjusted basis, NODX increased by 1.2 per cent in September,
SINGAPORE: Singapore's non-oil domestic exports (NODX) rose 12.3 per cent year-on-year in September, marking a 10th straight month of growth.Growth was mainly due to non-electronics, although electronic exports also rose, according to data released by Enterprise Singapore (ESG) on Monday (Oct 18).On a month-on-month seasonally adjusted basis, NODX increased by 1.2 per cent in September,
SINGAPORE: Electricity retailerUnion Power announced on Monday (Oct 18) that it will cease 850 accounts as it reorganises its business amid "sustained hikes" inwholesale energy prices.The company emphasised, however, that it is not exiting the electricity retail market in Singapore.Union Power said itwill dropsome retail electricity accounts while continuing business-as-usual with most residential customers,the majority
SINGAPORE: About S$13 million in salary arrears and compensation for wrongful dismissal were recovered by the Tripartite Alliance for Dispute Management (TADM) and paid out to employees in the last financial year.In its annual report released on Monday (Oct 18), the Tripartite Alliance Limited (TAL) said more than 90 per cent of employees have fully
SINGAPORE: Sales of new private homes in Singapore fell 31.4per cent in September, declining for the second straight month.Excluding executive condominiums, developers sold 834 units in September compared to 1,216units in August, according to data released by the Urban Redevelopment Authority (URA) on Friday (Oct 15).The lower sales can be attributed to tighter home viewingrestrictionsamidrising
SINGAPORE: In what economists described as a hawkish surprise, the Monetary Authority of Singapore (MAS) unexpectedly tightened monetary policy at its half-yearly review on Thursday (Oct 14).The move bucked market consensus. Most watchers had expected the central bank to only start policy normalisation in April next year, given global concerns about economic recovery amid the
SINGAPORE: Electricity retailer iSwitch will soon cease operationsdue to "current electricity market conditions", said the company in an email to customers on Wednesday (Oct 13).Its electricity retail operations will end onNov 11 and customers' electricity supply will not be affected, iSwitch said.From Nov 12,customers will have their accounts transferred to SP Group."We are currently working