Singapore retail sales fall worse-than-expected 3.6% in February; tariffs darken outlook
Data from the Singapore Department of Statistics (SingStat) on April 4 showed retail sales slipped 3.6 per cent year on year in February – partly due to the timing of Chinese New Year.
S’pore spared from worst-case scenario on Trump tariffs, but likely to be hit by global trade slowdown
Concerns over the outlook were reflected in the stock market, with the benchmark Straits Times Index closing 0.3 per cent down at 3,942.23 points on April 3.
UOB lowers interest rate on flagship One Account following OCBC’s 360 Account cut
With effect from May 1, the maximum interest rate will be cut to 3.3 per cent per annum on the first $150,000, down from 4 per cent.