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Month: October 2022

Posted on 15/10/2022

Singapore’s services sector will have to do the ‘heavy lifting’ from here, says OCBC Bank

Selena Ling of the bank says Singapore's services sector has "a bit of wind under our wings." Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)

Posted on 15/10/2022

MAS tightening: Economists say stronger Singdollar good for households but less helpful for export businesses

Local steel processing and servicing firm Kawarin Enterprises has, in one respect, reaped the benefits of a strong and appreciating Singapore dollar. ( read original story ...)

Posted on 15/10/2022

DSO has come long way in 50 years of tapping technology to help defend S’pore

Singapore preferred not to buy defence technologies so that it could develop its own cutting-edge options and keep them secret. Read more at straitstimes.com. ( read original story ...)

Posted on 14/10/2022

Stock Market Highlights: Sensex ends 684 pts higher and Nifty50 above 17,100 led by financial and IT shares

Indian equity benchmarks BSE Sensex and  NSE Nifty50 rose sharply on Friday, building on initial gains, amid strength across global markets as investors digested a worse-than-expected US inflation ... ( read original story ...)

Posted on 14/10/2022

Singapore avoids recession as economy grows in third quarter, central bank tightens policy

Singapore avoided a technical recession, with quarterly GDP growth coming in a 1.5% on a seasonally adjusted basis, after a contraction in the previous quarter. ( read original story ...)

Posted on 14/10/2022

Singapore tightens policy, keeps door open for more moves on hot inflation

Singapore tightened monetary policy as expected for the fourth time this year to combat inflation running near a 14-year high, and left the door open for further policy action as it warned of risks to ... ( read original story ...)

Posted on 14/10/2022

Singapore’s economic growth slows down to 4.4% in Q3: MTI advance estimates

On a quarter-on-quarter seasonally-adjusted basis, Singapore's gross domestic product (GDP) expanded by 1.5 per cent after contracting 0.2 per cent in the second quarter. ( read original story ...)

Posted on 14/10/2022

Singapore’s central bank tightens policy for fourth time this year

The Monetary Authority of Singapore tightened monetary policy for the fourth time this year, as inflation neared a 14-year-high. The MAS said it would re-centre the mid-point of the policy band of its ... ( read original story ...)

Posted on 14/10/2022

Singapore’s private banking industry sets green standards, upskills workforce

SINGAPORE - A set of guidelines released on Friday outlines how private banks can integrate sustainability practices into their business models. Read more at straitstimes.com. ( read original story ...)

Posted on 14/10/2022

Singapore announces $15 billion support package for all Singaporean households

Singapore's Finance Ministry on Friday announced a S$1.5 billion support package for all Singaporean households amid rising inflation. ( read original story ...)

Posted on 14/10/2022

Singapore announces $1 billion support package for all Singaporean households

Singapore's Finance Ministry on Friday announced a S$1.5 billion support package for all Singaporean households amid rising inflation. ( read original story ...)

Posted on 14/10/2022

Singapore Announces S$1.5 Billion Support Package for All Singaporean Households

Singapore's Finance Ministry on Friday announced a S$1.5 billion support package for all Singaporean households amid rising inflation. The package will provide support for lower- to middle-income ... ( read original story ...)

Posted on 14/10/2022

Singapore announces $1.05bln support package for all Singaporean households

The package includes cash, vouchers and public transport subsidies mainly for lower to middle-income citizens, according to a statement from the Ministry of Finance ... ( read original story ...)

Posted on 14/10/2022

DBS and Maybank maintain ‘buy’ calls for ESR-LOGOS REIT with unchanged TPs

Analysts from DBS and Maybank have maintained their “buy” call for ESR LOGOS REIT (ELOG) with unchanged target prices (TPs) of 50 cents and 55 cents respectively. In their report dated Oct 14, DBS ... ( read original story ...)

Posted on 14/10/2022

An NYC food stall is selling a plate of chicken and rice for $17. In Singapore, the same dish goes for $2.50. We put them to the test.

Insider's reporters in NYC and Singapore tried the dish in each city — but the NYC version costs $15 more than in the city-state. ( read original story ...)

Posted on 14/10/2022

Singapore Open set to be 1st major squash competition in 10 years

Next month's Singapore Squash Open, which features top players from around the world, will be the first major international squash competition to be held in Singapore in 10 years. ( read original story ...)

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