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Month: September 2021

Posted on 23/09/2021

Singapore fuel oil inventories edge higher despite plummeting net imports

Singapore residual fuel oil inventories edged 1% higher in the week ended Sept. 22 despite a 92% drop in net import volumes, official data showed on Thursday. B y comparison, Singapore's weekly fuel ... ( read original story ...)

Posted on 23/09/2021

A $22 Billion Plan to Export Solar Power From Australia to Singapore Clears Key Hurdle

A A$30 billion-plus ($22 billion) bid to export Australian solar power to Singapore via a 4,200-kilometer (2,600-mile) cable has taken another step forward after clearing a crucial approval hurdle. ( read original story ...)

Posted on 23/09/2021

Behind The Scenes At Kai Suites: A Look At The Technology Powering Singapore’s First Luxury Confinement Centre

Built around this desire and need, Kai Suites is a state-of-the-art postpartum care centre situated in a sprawling but quiet haven along Dunearn Road. Mr. Kevin Kwee, co-founder of Kai and Singapore’s ... ( read original story ...)

Posted on 23/09/2021

700 workers ‘affected’ as Panasonic plans to stop manufacturing of refrigeration compressors in Singapore

SINGAPORE: Seven hundred Panasonic employees in Singapore will be "affected" as the company announced the closure of its refrigeration compressor manufacturing operations in the country.  This is due ... ( read original story ...)

Posted on 23/09/2021

Fitch Affirms and Withdraws Malayan Banking Berhad’s Ratings

Fitch Ratings has affirmed Malayan Banking Berhad's (Maybank) Long-Term Issuer Default Ratings at 'BBB+' and its Viability Rating at 'bbb+'. The Outlooks on the IDRs are Stable. A full list of rating ... ( read original story ...)

Posted on 23/09/2021

Southeast Asian economies will recover ‘much slower’ due to Covid: Asian Development Bank

The Asian Development Bank lowered its growth forecast for the region to 3.1% for 2021, from its previous forecast of 4.4%. ( read original story ...)

Posted on 23/09/2021

EMERGING MARKETS-Singapore shares jump as Asia takes Fed signals in stride

Singapore equities headed for their best day in two months on Thursday, leading broad gains in emerging Asian stocks, as investors reacted calmly to the U.S. Federal Reserve's timeline to taper asset ... ( read original story ...)

Posted on 23/09/2021

Eat at SingPost Centre 2021 – Restaurants, Cafes & Food Halls

F&B outlets - Western, Asian & Local, Vegeatrian & Halal options; there is plenty to discover and eat at the SingPost Centre. ( read original story ...)

Posted on 23/09/2021

Singapore’s core inflation continues to rise in August

SINGAPORE: Consumer prices in Singapore rose again in August, driven by higher food inflation and a smaller decline in the cost of retail and other goods, official data on Thursday (Sep 23) showed. ( read original story ...)

Posted on 23/09/2021

U.S. and China keep Singapore waiting on business mediation treaty

The U.S. and China have both signed the Singapore Convention on Mediation with over 50 others. But the rival powers have yet to ratify it or give equivalent approval, and in fact only a handful of ... ( read original story ...)

Posted on 23/09/2021

Singapore core inflation rises to over 2-year high in August amid higher food prices

Overall inflation eased slightly to 2.4 per cent, from 2.5 per cent in July, after a smaller increase in car prices.. Read more at straitstimes.com. ( read original story ...)

Posted on 23/09/2021

Grindrod to dispose of remaining stake in Singapore shipping player

South African logistics player Grindrod is selling its remaining 9.6% stake in Grindrod Shipping as part of its plan to exit non-core operations. “Grindrod has communicated its commitment to dispose ... ( read original story ...)

Posted on 23/09/2021

YouTrip sets up innovation lab in Singapore, looks to double local workforce by 2022

YouTrip, Singapore's first multi-currency mobile wallet, will be establishing an innovation lab in the country to fast-track its technology capabilities and product development to capture the rise of ... ( read original story ...)

Posted on 23/09/2021

Stock Market Analysis Today – Singapore Stock Market Tipped To Bounce Higher On Thursday

Singapore Stock Market Tipped To Bounce Higher On Thursday (RTTNews) – The Singapore stock market has finished lower in two of three trading days since the end of the two-day winning streak in which ... ( read original story ...)

Posted on 23/09/2021

Stock Market LIVE Updates: Nifty50 likely to make a positive start; SGX Nifty futures up 105 points

Indian equity benchmarks are likely to start Thursday's session on a positive note as indicated by Nifty futures trading on Singapore Exchange. SGX Nifty futures were up 105 points or 0.6 percent at ... ( read original story ...)

Posted on 23/09/2021

‘De-banking’ has massive impact on small fintech firms in Australia, Nium CEO says

De-banking, the process where banks can shut down bank accounts, takes away the rights of fintech firms to serve their customers, says Prajit Nanu, co-founder and CEO of Nium. He adds that the ... ( read original story ...)

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