Mitul Kotecha of TD Securities discusses the outlook for Singapore's economy in light of disappointing second-quarter GDP figures. He says that despite some "silver linings", trade and tourism will ... ( read original story ...)
Singapore Paincare Holdings offers IPO shares at $0.22 apiece
Pain care management services provider Singapore Paincare Holdings (SPCH) will offer 24,246,000 placement shares at $0.22 apiece as it registers its IPO prospectus on Singapore Exchange (SGX), ... ( read original story ...)
WPP’s Connie Chan heads to OMD China to take on CEO role
Singapore Airlines and Citibank. Kwek said Omnicom Medig Group wanted to find a leader who had the “experience, tenacity and caliber” to successfully steer the OMD business in China, and that it found ... ( read original story ...)
OCBC CMO of group marketing Yvonne Low to exit role
She first joined the company in January 2019 to oversee the division’s marketing team and drive its digital marketing strategy. ( read original story ...)
Singapore and Malaysia to reopen business travel next month
Singapore and Malaysia are to resume essential business and official travel between their countries, they said on Tuesday, letting people cross their border for the first time since most movements ... ( read original story ...)
Singapore enters technical recession as GDP plunges 12.6% in Q2
Singapore's economy shrank by 12.6 percent year on year in the second quarter, according to advance estimates from the Ministry of Trade and Industry (MTI) on Tuesday (July 14), ... ( read original story ...)
UPDATE 1-China’s June crude oil imports rise to 2nd straight monthly record on bargain purchases
China's June crude oil imports jumped by a third from the same period a year earlier, setting a second straight monthly record, as cheap cargoes bought during April's oil price crash arrived at ... ( read original story ...)
China’s June crude oil imports hit record -Reuters calculations
China's June imports of crude oil hit their highest on monthly and daily bases, according to Reuters calculations based on customs data released on Tuesday. ( read original story ...)
Singapore, Malaysia to Start Green Lane for Business Travel
Singapore and Malaysia will implement a reciprocal green lane for cross-border travel between both countries, according to a press statement from both ministries of foreign affairs. ( read original story ...)
Coronavirus: Singapore economy suffers biggest ever slump
As one of first countries to release growth data for the period in which many economies were in lockdown, the numbers from Singapore provide a glimpse of how the ongoing pandemic ... ( read original story ...)
Singapore Recession: Economy Shrinks By 41%, Worse Than Forecast
Singapore plunged into recession in the second quarter due to the massive damage inflicted on its economy by the pandemic-induced economic slowdown. ( read original story ...)
Pandemic knocks Singapore into recession as GDP plummets 41% in second quarter
Singapore's economy suffered a record contraction in the second quarter, tipping it into recession and putting the trade-reliant city-state on course for its worst ever slump this year as the ... ( read original story ...)
Best Alternatives to Savings Accounts in Singapore (2020)
Ever since banks started reducing their deposit interest rates, we’ve started seeing a slew of non-traditional alternatives to savings accounts. Some popular ones you might have heard of are the ... ( read original story ...)
Singapore Slumps Into Recession With Record 41.2% GDP Plunge
Singapore’s economy plunged into recession last quarter as an extended lockdown shuttered businesses and decimated retail spending.Gross domestic product declined an annualized 41.2% from the previous ... ( read original story ...)
Singapore economy enters recession, second-quarter GDP plunges record 41.2%
Singapore's economy slipped into recession in the second quarter, contracting by a record 41.2% from the previous three months and is facing its biggest slump ever this year as coronavirus lockdown ... ( read original story ...)
Virus-hit Singapore Plunges Into Recession As Economy Shrinks 41%
Singapore plunged into recession in the second quarter as growth fell 41.2 percent quarter-on-quarter with the trade-dependent economy hammered by the coronavirus, preliminary data showed Tuesday. ( read original story ...)