Consumer sentiment depressed despite rosy GDP forecast
According to the Monetary Authority of Sinapore's (MAS) latest Survey of Professional Forecasters for December 2013 [Link] released on Wednesday (11 Dec), economists are expecting Singapore's GDP to grow by 4.7% this quarter i.e. Q4, up from 3.4% in the last survey in September. As such, economists are revising their growth...
Minister Chan: We will do battle everywhere
Major-General (NS) Chan Chun Sing, Minister for Social and Family Development and PAP Organising Secretary At the People's Action Party (PAP) party convention last Sunday (8 Dec), the same day that foreign workers rioted in Little India, Minister for Social and Family Development and PAP Organising Secretary, Major-General (NS)...
SMRT raises taxi fares, commuters could pay 30% more
(Photo SMRT) SMRT has announced that it will raise its taxi fares for Mercedes and multi-seater cabs on Monday (16 Dec). Distance fares for its Mercedes-Benz, London, Hyundai Starex and Ssangyong Rodius cabs will go up to 30 cents from 22 cents for every 400m travelled for up to 10km, every 350m after 10km and 45 seconds of...
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