https://padlet.com/tohkaibin61/z28855tb9bpe Hi :D HAND UP BY JUL 20 en-us 2018-05-13 07:23:23 UTC 2025-10-20 14:23:08 UTC hello@padlet.com oh_jia_jun1 https://padlet.com/tohkaibin61/z28855tb9bpe/wish/260332321 http://www.businesstimes.com.sg/government-economy/singapore-retrenchments-in-q1-lowest-in-nearly-7-years-unemployment-rate-dips-mom

- Unemployment rate dropped from 2.1% to 2% in the first quarter of 2018
Retrenchment numbers lowest in nearly 7 years ever since the third quarter of 2011, with a number of 1960. There was a decreasing trend from 4000 in the first quarter of 2017 to 2100 in the first quarter of 2018.
Sectors such as financial and insurance and community services see an increase in employment. These sectors are doing well,  they are able to hire more people.
Structural employment remains a concern despite the decline in unemployment rate.


]]> 2018-05-14 04:35:35 UTC https://padlet.com/tohkaibin61/z28855tb9bpe/wish/260332321 jocelynvoopy https://padlet.com/tohkaibin61/z28855tb9bpe/wish/260339426 https://www.channelnewsasia.com/news/business/singapore-gdp-economy-q1-2018-g2rowth-10133542

- Gross Domestic Index (GDP) grew by 4.3% year-on-year in the first quarter of 2018 (Jan to Mar), higher than that of the previous quarter of 3.6%
- On a quarter-on-quarter seasonally adjusted annualised basis, GDP growth fell from 2.1% in the last quarter of 2017 to 1.4% in first quarter of 2018.
- The manufacturing sector has boosted Singapore's economy with an rise of 10.1% on a year-on-year basis, a surge from the 4.8% growth in the previous quarter.
-Sectors such as construction and electronics suffer a decline in GDP due to weak performance in both private- and public-sector and the decrease in global demand. 
-Sectors such as services and manufacturing experienced an increase as the GDP rise since the previous quarter in 2017.
- It was expected that though the construction sector remained in contraction, the sector was bound to do better in the near future as the decline flattens out.]]> 2018-05-14 05:41:52 UTC https://padlet.com/tohkaibin61/z28855tb9bpe/wish/260339426 marvinwankf https://padlet.com/tohkaibin61/z28855tb9bpe/wish/260339462 https://www.straitstimes.com/business/economy/singapore-inflation-eases-in-march-with-consumer-prices-up-02-amid-lower-coe-prices
- Cost of food and services rose while cost of COE dropped.
- The consumer price index (CPI) has risen by 0.2% in March 2018 compared to March 2017. Below the expected rise of 0.5% by economists.
- The CPI disinflation was due to the service inflation slowing to 1.4% in March compared to 1.9% in February and the food inflation slowing to 1.4% in March compared to 1.5% in February. 
- Core inflation also eased to 1.5% in March from 1.7% in February, reflecting lower services inflation.
- A little bit of inflation is necessary for economic growth.]]> 2018-05-14 05:42:12 UTC https://padlet.com/tohkaibin61/z28855tb9bpe/wish/260339462 tohkaibin61 https://padlet.com/tohkaibin61/z28855tb9bpe/wish/262564635 -ABSD, SSD, TDSR


]]> 2018-05-22 04:47:50 UTC https://padlet.com/tohkaibin61/z28855tb9bpe/wish/262564635