Well perhaps if they hadn´t pu

2023-04-28

Well perhaps if they hadn´t pushed expats out and increased stamp duties to 60% among other things, Singapore would remain attractive as a place to place your money.

Singapore Says Foreign Residents’ Deposits Fell by S$22 Billion

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Comments

Tao04
2023-04-28
Tao04
The outflow was march , and the increased of stamp duties was announced on 26 april. So do you think pulling out of funds will be much greater this april month and may ?
chaicka
2023-04-28
chaicka
Hundreds of Billions been flowing out from western countries such as Switzerland, UK, USA…
chaicka
2023-04-28
chaicka
Shallow & Narrow Horizons
GoG
2023-04-28
GoG
u are always welcome to go home 🤣
StreetCat
2023-04-28
StreetCat
[Comfort]

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This came after the central bank tightened monetary policy five times in a row, before keeping its policy settings unchanged this month.</p><h3></h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cb006bd5aaf80119776838329f4fc42a\" tg-width=\"631\" tg-height=\"456\"/></p><p>Earlier this week, the monetary authority warned “prospects in the financial sector have weakened further amid turbulence from the US banking industry,” fanning fears of a broader contagion in the banking system and increased downside risks to expansion. </p><p>Economic growth is expected to remain subdued in 2023 due to a slowing external outlook, persistent inflation and restrictive financial conditions, it said. </p><p>In a separate labor report Friday, Singapore’s unemployment eased to an eight-year low of 1.8% in the first quarter, while retrenchments rose for a third consecutive quarter. Employment growth is likely to ease and remain uneven across sectors, as global economic headwinds weigh on labor demand going forward, particularly for outward-oriented sectors, the Ministry of Manpower said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Says Foreign Residents’ Deposits Fell by S$22 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Says Foreign Residents’ Deposits Fell by S$22 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-28 13:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-04-28/singapore-says-foreign-residents-deposits-fell-by-s-22-billion><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Residents outside Singapore pulled billions in deposits last month amid financial turmoil triggered by the collapse of several banks globally. Foreign resident deposits saw an outflow of S$22.2 ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-04-28/singapore-says-foreign-residents-deposits-fell-by-s-22-billion\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2023-04-28/singapore-says-foreign-residents-deposits-fell-by-s-22-billion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190454623","content_text":"Residents outside Singapore pulled billions in deposits last month amid financial turmoil triggered by the collapse of several banks globally. Foreign resident deposits saw an outflow of S$22.2 billion ($16.6 billion) to S$521.8 billion in March, falling to the lowest level since July, according to data by the Monetary Authority of Singapore. Total outstanding loans and advances by commercial banks including bills financing dropped by about S$7 billion to S$796.87 billion, the lowest level since August 2021. 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So do you think pulling out of funds will be much greater this april month and may ?</span>","text":"<span class=\"s1\">The outflow was march , and the increased of stamp duties was announced on 26 april. So do you think pulling out of funds will be much greater this april month and may ?</span>","html":"<span class=\"s1\">The outflow was march , and the increased of stamp duties was announced on 26 april. 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