下大雨了，收衣服了没？Big storm coming, keep your cloth liao beh?

[k1976]

The most-cited downside risk to Singapore’s growth outlook was spillovers from an external growth slowdown, flagged by 68.8 per cent of respondents, more than in the previous poll. It was indicated as the top risk by 25 per cent of those surveyed.

China surfaced as one of the top downside risks in the latest survey. “This is unsurprising to us, given China’s bumpy recovery and waning post-reopening growth momentum, and its importance to Singapore as a key export destination and tourism source,” said DBS’ Chua.

China’s reopening, better-than-expected external growth and the tech cycle recovery – remained the top upside risks cited in the survey.

However, fewer now see a chance of an unexpected boost from China: 46.7 per cent, down from 70.6 per cent in the preceding survey.

Ling also noted the paring back of respondents citing the tech-cycle as an upside risk, down to 33.3 per cent from 41.2 per cent. This comes “as US-China rivalry continues for chip dominance”, she said, adding: “Maybe we have to wait and see if the upcoming launch of iPhone 15 helps to reignite consumer demand.”

 

[k1976]

https://www.google.com.sg/amp/s/www...th-forecast-1-weaker-manufacturing?amp?espv=1

 

[k1976]

Economists have downgraded Singapore's 2023 growth forecasts and inflation expectations, according to a survey by the country's central bank published on Wednesday, with spillovers from an external growth slowdown cited as the top risk.

The median forecast of 22 economists surveyed by the Monetary Authority of Singapore (MAS) is for Singapore's economy to grow 1.0per cent this year, down from a forecast of 1.4per cent in June's survey

 

[k1976]

https://www.channelnewsasia.com/sin...-cars-motorcycles-commercial-vehicles-3749656

All ish not lost, COE continue to beat forecast De woh

 

[k1976]

Certificate of Entitlement (COE) premiums closed mostly higher in the latest bidding exercise on Wednesday (Sep 6), as prices for Category B and Open Category certificates hit new highs again.

For Category A cars, or those 1,600cc and below with horsepower not exceeding 130bhp, premiums closed at S$101,000 (US$74,150), up from S$100,000 in the last exercise.

 

[k1976]

https://www.businesstimes.com.sg/si...billion-fy2223-reflecting-post-covid-recovery

SG strong tax collection is a best testament of good hands are in full control... Cheers

 

[k1976]

Goods and services tax (GST) collection rose S$1.5 billion due to higher consumption and a rebound in international arrivals, Iras said. Overall, GST made up 20.5 per cent, or S$14.1 billion, of tax revenue.

Individual income tax revenue increased by S$1.3 billion due to higher personal incomes. It is Iras’ second-largest source of tax revenue at 22.6 per cent, or S$15.5 billion – of which 83 per cent came from taxpayers whose annual income exceed S$150,000.

 

[syed putra]

PAP probably using AI so country in good hands.

 

[k1976]

PAP probably using AI so country in good hands.

Buy more nvidia cards noa... Moi also want AI

 

[k1976]

https://www.straitstimes.com/busine...owth-plans-in-singapore-and-asean-hsbc-survey

 

[k1976]

International companies are more optimistic about their prospects in South-east Asia and are looking to scale up through mergers and acquisitions (M&A), a survey commissioned by HSBC Commercial Banking showed.

Foreign businesses expect sales in the region to grow by 23.2 per cent over the next 12 months, compared with 20.1 per cent in last year’s survey.

Nearly a quarter of foreign businesses said they were planning to significantly increase growth from M&A in 2023, with three in 10 expecting to do so in 2024.

 

[k1976]

The HSBC Global Connections survey revealed that companies based in Asia-Pacific countries were more likely to plan for acquisitions.

About 65 per cent of respondents from China were more likely to significantly increase their regional growth through M&A by 2024, compared with less than 50 per cent from the United Kingdom, France and Germany.

Those that were already present in the region planned to focus on growing in the markets they were familiar with, namely Singapore, Malaysia and Thailand.

Ms Regina Lee, head of commercial banking at HSBC Singapore, said the survey findings were consistent with the increased funding, trade financing and payment activities witnessed among the bank’s global clients here.

 

[k1976]

She added that the bank has been scaling up its team as well as banking and digital capabilities to support global businesses pursuing growth opportunities in the region.

The online survey was conducted from July 25 to Aug 2. It involved key decision makers from more than 3,500 companies, each with sales of at least US$5 million (S$6.8 million) and a commercial interest in at least one Asean market.

Respondents were based in places including China, India, the United Kingdom, France, Germany, the United States, Australia and the Middle East.

The top five reasons cited on why Singapore was attractive for business expansion were its skilled workforce, growing digital economy, developed infrastructure, supportive government and regulatory environment, and supply-chain connectivity.


Singapore’s advanced communications infrastructure also provides a strong foundation for further growth into the region, the survey said.

 

[blackmondy]

姐妹们，你们只要收外穿衣服就好了。你们的内衣裤我来帮你们收！

 

[The Crow]

...

 

[k1976]

Delicate to all bro and sis

 

[ODACHEK]

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