Author: Admin
Advance estimates show moderation from previous quarter, as manufacturing sector stalls[SINGAPORE] The Republic’s economy expanded 2.9 per cent year on year in the third quarter of 2025, slowing from the previous quarter’s pace but still exceeding analyst expectations, advance estimates from the Ministry of Trade and Industry showed on Tuesday (Oct 14). The Q3 expansion surpassed the median forecast of 2 per cent growth projected by private-sector economists polled by Bloomberg.On a seasonally adjusted quarterly basis, gross domestic product rose 1.3 per cent, edging down slightly from the 1.5 per cent advance recorded in the second quarter.The moderation was driven…
SECTORSThe manufacturing sector’s growth was flat in the third quarter of 2025, compared with the 5 per cent expansion in the previous quarter.“Growth was weighed down by output declines in the biomedical manufacturing and general manufacturing clusters, even as output in the other manufacturing clusters expanded,” said MTI.The sector grew by 6.1 per cent on a quarter-on-quarter seasonally adjusted basis, a turnaround from the 0.7 per cent contraction in the second quarter.The construction sector grew by 3.1 per cent in the third quarter, down from the 6.2 per cent growth in the previous quarter.“Growth during the quarter was supported by…
Purdue is No. 1 in the preseason Associated Press Top 25 college basketball poll for the first time.The Boilermakers earned 35 of 61 first-place votes to top Monday’s poll to begin the 2025-26 season. That put Matt Painter’s squad ahead of the two teams that played in last year’s NCAA title game, with runner-up Houston at No. 2 and reigning champion Florida at No. 3.”We are obviously excited to get the season going and being ranked No. 1 in the preseason is a great indicator of what we feel this team can accomplish,” Painter said. “But the goal is to…
Arlinda McIntosh’s mother was in her early 60s when the family began noticing small but concerning changes in her behavior: she would sweep the floor repeatedly, forget she had left the stove on, and leave the water running in the sink. Her mom is part of the inspiration behind the creation of The Memory Skirt, a garment that sparks connection around identity. “Unfortunately, we didn’t know what was behind her memory and thinking issues until her late 80s,” McIntosh says. “Back then, we just did the best we could in caring for her—but I really wish we had known more.”…
In partnership with GOAL.com”We are not collecting the most talented players, we are trying to build a team. Teams win trophies, no-one else.” If anyone was in any doubt as to whether England manager Thomas Tuchel planned to stick to his fairly unpopular selection policy with the World Cup fast approaching, those pointed words ahead of the friendly victory over Wales more or less confirmed it.To date, the German tactician’s tenure has been punctuated by questionable calls on who deserves a place in his squad, with a number of in-form hopefuls overlooked and the likes of Jordan Henderson and Ruben…
SINGAPORE: The Monetary Authority of Singapore (MAS) kept its exchange rate-based monetary policy unchanged on Tuesday (Oct 14), in line with market expectations.In its October monetary policy statement, the Singapore central bank said it will “maintain the prevailing rate of appreciation” of its Singapore dollar nominal effective exchange rate (S$NEER) policy band.There are no changes to the width of the policy band and the level at which it is centred.Ten out of 14 analysts polled by Reuters had expected the MAS to hold off making changes in this scheduled review after standing pat in July when second-quarter growth came in…
Full-year core and headline inflation forecasts remain unchanged at 0.5 to 1.5 per cent[SINGAPORE] The Republic’s central bank kept monetary policy settings unchanged for the second consecutive time in Tuesday’s (Oct 14) quarterly policy meeting, as expected by private-sector economists.The Monetary Authority of Singapore (MAS) said it will maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band, with no change to its width and the level at which it is centred.“MAS is in an appropriate position to respond effectively to any risk to medium-term price stability and will continue to closely monitor economic…
In partnership with GOAL.comCarlo Ancelotti insists Neymar remains in his plans for the World Cup next year, but has warned the Santos star that he must be fully fit to earn a recall to the final Brazil squad. The forward has not played for the Seleção since October 2023, in a 2-0 defeat to Uruguay, but Ancelotti says he could yet play a part in next summer’s tournament.Two years out of the Brazil pictureNeymar has 128 caps for Brazil but has not featured for his country since 2023. Now, though, Ancelotti has claimed that there is a route back into…
An aerial view of Singapore’s Marina Bay Street Circuit on Sept. 17, 2024.Roslan Rahman | Afp | Getty ImagesSingapore’s economy expanded faster than expected in the third quarter, even as the country’s central bank warned that growth is likely to slow in 2026.Gross domestic product rose 2.9% year on year in the three months through September, the Singapore Department of Statistics said Tuesday.That beat economists’ forecasts for a 1.9% increase, though it marked a slowdown from a revised 4.5% expansion in the second quarter.On a seasonally adjusted, quarter-on-quarter basis, the economy expanded by 1.3%, easing slightly from 1.5% in the…
[GENEVA] Small and medium-sized businesses and developing economies are likely to be at particular risk of a slowdown in investment due to ongoing tariff uncertainty, the Secretary-General of the UN Trade and Development Agency (UNCTAD) told Reuters on Monday (Oct 13).“We fear that there will be more lagging numbers in terms of investment,” UNCTAD’s Rebeca Grynspan said in an interview at her office in Geneva.“We fear small and medium-sized businesses will be affected everywhere, but also small countries that depend much more on trade and investment to really seek growth.”While artificial intelligence has driven trade and investment this year, she…