Outlets selling freshly prepared drinks that have a very high level of sugar and saturated fat content must label them with a Nutri-Grade mark in their menus by the end of next year, said Health ... ( read original story ...)
Commercial property deals defy regional slowdown
SINGAPORE: Singapore racked up its best quarter ever for commercial property deals to defy a sharp region-wide decline, notes a report. ( read original story ...)
Atome Financial secures US$100m debt facility with HSBC Singapore
It operates buy now pay later platform Atome and Indonesia’s Kredit Pintar. Atome Financial has entered into a US$100m debt facility with HSBC Singapore for the expansion of its deferred payments ... ( read original story ...)
Singapore fund scheme lures investors as scrutiny of offshore tax havens grows
We’ll send you a myFT Daily Digest email rounding up the latest Singapore news every morning. Singapore is welcoming more than a dozen investment funds every month under a new scheme designed to lure ... ( read original story ...)
Singapore’s Next Big Challenge Is Already Here
To listen to Singapore’s leader, the Bank of England nailed it. The UK central bank’s warning of a tough new era that sent shockwaves through the world of monetary economics resonated in the ... ( read original story ...)
Singapore’s Olam posts rise in first-half profit
Commodity trader Olam Group Ltd OLAG.SI on Friday posted a 1.8% rise in net profit for the first half of fiscal 2022, driven by a strong performance in its Olam Agri business. " Olam Agri is poised to ... ( read original story ...)
ThaiBev defers brewery unit’s Singapore IPO plans once again
Thai Beverage has deferred the initial public offering of its brewery unit in Singapore once again, citing "prolonged challenging market conditions" for its decision. Read more at straitstimes.com. ( read original story ...)
Singapore unlikely to slip into technical recession despite Q2 contraction, but economists cautious of possibility
Private-sector economists cautiously agree with the government’s assessment that Singapore will avoid a technical recession this year, while adding ... ( read original story ...)
Singapore narrows GDP forecast after 2Q shrinkage
SINGAPORE: Singapore trimmed its 2022 growth forecast to reflect an increasingly challenging global environment, after the economy slipped into contraction in the second quarter. ( read original story ...)
Former Sri Lanka president Gotabaya Rajapaksa turns up in Thailand after Singapore visa expires
Rajapaksa allowed in on diplomatic passport for ‘temporary’ stay, say Thai authorities ... ( read original story ...)
FirstFT: Ping An doubles down on plan to break up HSBC
Plus, Credit Suisse steps up legal claim against SoftBank and US justice department moves to unseal warrant for search of Trump residence ... ( read original story ...)
Gov’t edges up expected growth for exports, merchandise trade
This is whilst rising oil prices and high global semiconductor demand continue. Enterprise Singapore increased its projection for non-oil domestic exports (NODX) and total merchandise trade in 2022, ... ( read original story ...)
HSBC oversold risks of $35 billion Asia spin-off, investor Ping An thinks – source
By Selena Li, Lawrence White and Anshuman Daga HONG KONG/LONDON (Reuters) – HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance ... ( read original story ...)
Singapore president meets FM
President of the Republic of Singapore Halimah Yacob met Thursday HE Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani. During the meeting, HE Sheikh ... ( read original story ...)
Singapore Confirms Former Sri Lanka Leader Rajapaksa Has Left
Former Sri Lankan president Gotabaya Rajapaksa has left Singapore on Thursday, the city-state’s Immigration & Checkpoints Authority said in a statement. Rajapaksa had fled to the Southeast Asian ... ( read original story ...)
Ping An doubles down on campaign to break up HSBC
Chinese insurer Ping An, which owns 8.4 per cent of the stock, claims that a spin-off of its Asian business would create between $25 billion and $35 billion (€24.2 billion-€33.8 billion) of additional ... ( read original story ...)