Singapore’s central bank sees growth and hiring on the rise as inflation eases into 2025

Quick Summary:

Nearly 60 per cent of the economy is exceeding or at pre-pandemic growth norms.

The local consumer demand and increased tourist arrivals to Singapore will continue to support businesses in the service sector, especially those that provide food, beverages and lodging.

Still, the central bank noted that since the onset of the US-China trade war in 2018, Asia has retained its centricity in the global electronics value chain, with the Asean region gaining prominence.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeChinaUnited States

Topics: Sector Singapore Economy Demand 2025 Growth 2024 Global Electronics Cent Trade

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 12:00:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 863 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23277847

View Article Analysis

About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 17 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions