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Singapore GDP picks up in Q3

The Singapore economy surpassed market expectations in Q3 this year as GDP grew 5.1 percent year-on-year, revealed advance estimates by the Ministry of Trade and Industry (MTI). The figure beats the median forecast growth of 3.8 percent by economists. It

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Don’t blame it all on TDSR

Judging by the regularity with which property analysts have blamed the Total Debt Servicing Ratio (TDSR) framework for the recent less-than-bullish property sales, it appears that we finally have a cooling measure that actually works — notwithstanding the fact that

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Singapore property to remain resilient: report

Singapore’s domestic-driven sectors such as construction, real estate and related financing are expected to remain resilient, according to a central bank report. “The level of output in the economy will further converge to its underlying potential, while the labour market

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