The Singapore stock market headed south again on Wednesday, one day after it had ended the three-day slide in which it had tumbled almost 80 points or 3.2 percent. The Straits Times Index now rests ... ( read original story ...)
U.S. and Singapore join in South China Sea naval exercises
The navies of the United States and Singapore conducted a bilateral exercise in the contested South China Sea this week, the U.S. Navy said Wednesday. ( read original story ...)
Singapore risks deflationary pressure – UOB
Economist at UOB Group Barnabas Gan reviewed the latest inflation figures in Singapore. Key Quotes “Singapore’s inflation environment has eased further in April 2020. Headline ... ( read original story ...)
HKEX grabs derivatives deal from Singapore rival
Hong Kong’s stock exchange group took a big step in its efforts to broaden its appeal to international investors on Wednesday when it snatched a key derivatives licensing agreement from the hands of ... ( read original story ...)
Singapore: GDP could contract 4%-7% this year – UOB
Singapore’s economic activity carries the potential to contract between 4% and 7% this year as a consequence of the impact of the coronavirus crisis on the economy, noted Barnabas Gan, Economist at ... ( read original story ...)
CoreKinect and Sequans Partner to Create Location Monitoring Solution Powered by Sequans’ Monarch LTE-M/NB-IoT Technology
The new CoreKinect trackers are making it possible for IoT companies to address many new tracking opportunities that were not economically feasible before,” said Georges Karam, Sequans CEO. ( read original story ...)
China to allow Singapore and other countries to apply for ‘green channel’ for flights: Chinese state media
China will soon relax its border controls for Singapore and several countries, allowing certain categories of people to travel to some cities.. Read more at straitstimes.com. ( read original story ...)
Singapore platform Shareable Asset gives retail investors access to real estate available only to big players – for as little as US$122
A newly launched Singapore-based platform aims to bring real-estate assets typically within the exclusive purview of big institutional investors to retail investors for as little as £100 (US$122) ... ( read original story ...)
Pharma exports a rare bright spot for Singapore economy as pandemic drives demand
Singapore's exports of pharmaceutical products have surged this year as the coronavirus pandemic prompts worldwide stockpiling of drug ingredients, providing a much needed salve for an economy facing ... ( read original story ...)
Singapore fintech firm secures $17M to build out platform
Raking in $17 million in its latest fund raising, GoBear will be looking to build up a "full-fledged financial services platform" and tap an estimated base of 300 million in the region who remain ... ( read original story ...)
Dividends from Singapore companies to fall 4.5% this year on Covid-19 impact: IHS Markit
Singapore companies are expected to deliver US$14.2 billion i(S$20.2 billion) n dividends in 2020, down 4.5 per cent from US$14.8 billion a year ago.. Read more at straitstimes.com. ( read original story ...)
Singapore stock watch: SGX, DBS, OCBC, China Sunsine Chemical, DLF Holdings, Sapphire Corp
The following companies saw new developments that may affect trading of their shares on Wednesday (May 27):. Read more at straitstimes.com. ( read original story ...)
Import of PMDs, e-bikes to require LTA nod
Open spaces such as courtyards and plazas will be designated as public paths later this year, enabling the Land Transport Authority (LTA) to take enforcement action against errant cyclists and ... ( read original story ...)
Singtel share price: 4 key considerations ahead of Q4 earnings
When will Singtel’s Q4 and full-year FY2020 financial results be released? Singapore Telecommunications (Singtel) is set to announce its fourth quarter earnings for the three months ended 31 March ... ( read original story ...)
Singapore’s PIL Seeks Temasek Investment for Survival
Pacific International Lines is in talks with an arm of Singapore sovereign wealth fund Temasek Holdings over a potential investment aimed at keeping the debt-ridden container ship operator from ... ( read original story ...)
Singapore puts $288M focus on digital transformation to help firms cope with pandemic fallout
Country's government is setting aside more than SG$500 million ($288.26 million) to facilitate local businesses in their digital transformation efforts, specifically, the adoption of e-payments, ... ( read original story ...)