20
Feb
Posted by Emvertex

The trade and industry ministry said it was maintaining its forecast for growth of 1.5 per cent to 3.5 per cent in 2019, but that it expected growth to be slightly below the middle of the range. Singapore's gross domestic product (GDP) grew 3.2 per cent in 2018, down from 3.9 per cent in 2017, according to the 2018 Singapore economic survey report released by the ministry of trade and industry on feb 15, 2019. The government had previously forecast…

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18
Feb
Posted by Emvertex

A perfect balance of affordability and low crime rates surely has to be high up on the list of priorities for prospective homebuyers. And, it's safe to assume that some areas will fare better than others with regards to this. But where are they? The latest research from OkayLah.co.uk, looks at the total crime per capita (crime committed per 100 people) across each council region of the nation, comparing this to the average house price and scoring each area with…

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15
Feb
Posted by Emvertex

Philip Lane, the governor of the Central Bank of Ireland, has received support from the finance ministers of the eurozone to become the new chief economist of the European Central Bank. Lane was the only candidate that was proposed for the job and his position will be confirmed by the leaders of the European Union at a meeting that is scheduled to be held next month. Lane is 49 years old. He will be taking the place of Peter Praet,…

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14
Feb
Posted by Emvertex

Last year, the investment into the blossoming fintech sector of the United Kingdom broke records as the startups of the country reached a new stage in their growth journey. According to the data that was published by In novate Finance today, the private equity and venture capital investment in British fintech increased to an all-time high of $3.3 billion (£2.6 billion), an increase of 18 percent as compared to the levels recorded in 2017. Significantly, the growth in private equity…

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11
Feb
Posted by Emvertex

Singapore's straits times index closed down 2.5 per cent today, with benchmark cities such as CIT and Oxley both down more than 16 per cent and China group down more than 10 per cent.In recent months, combined sales of apartments by developers have sent the overall market soaring again, prompting repeated warnings from Singapore officials about the potential for a return of soaring prices. Property prices in Singapore have been rising for more than a decade, and the environment here…

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30
Jan
Posted by Emvertex

Hong Kong stocks fell slightly in the first few minutes of Wednesday as nervous investors await the conclusion of a Federal Reserve policy meeting, while Chinese and US officials prepare for crucial trade talks. The Hang Seng Index edged down 0.29 per cent, or 79.15 points, to 27,452.53. The benchmark Shanghai Composite Index gave up 0.37 per cent, or 9.50 points, to 2,584.75 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.53 per cent, or…

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30
Jan
Posted by Emvertex

The size of the Irish economy could be 4.25% smaller than current projections over the medium term if there is a hard Brexit, according to an assessment by the Department of Finance. The department forecasts show that unemployment could rise by up to 2 percentage points in such a scenario. A small surplus projected for next year would also turn to a deficit if there’s a disorderly Brexit, the analysis finds. "The assessment by my Department shows that a disorderly…

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30
Jan
Posted by Emvertex

PRICES of completed private apartments and condominiums in Singapore edged up in December by 0.1 per cent from the previous month. This is the first month-on-month price rise for such properties since August 2018, following a revised 0.5 per cent drop in November. The figures are flash estimates released on Monday by the National University of Singapore (NUS) for its Singapore Residential Price Index (SRPI), which tracks prices of completed non-landed private homes. December's uptick was driven by a 0.2…

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