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Month: November 2022

Posted on 23/11/2022

How Singapore’s gas infrastructure could accelerate a low-carbon future

Southeast Asia faces a pivotal moment in its shared energy future as the changing role of gas transforms the regional energy outlook. As a land-scarce nation seeking innovative solutions to meet ...

Posted on 23/11/2022

HP cutting up to 6,000 jobs over next three years; Singapore impact unknown

It will cut as much as 10% of its 61,000-employee global workforce and reduce its real estate footprint. Read more at straitstimes.com.

Posted on 23/11/2022

Singapore Investigates Binance For Potential Breach Of Local Payment Services Regulations

"Should Binance decide now to dismantle some of these restrictions, it has to continue to comply with the prohibition against soliciting Singapore users without a license," the Monetary Authority of ...

Posted on 23/11/2022

EMERGING MARKETS-Singapore’s dollar, stocks slip as growth forecast disappoints

Singapore projects GDP growth to ease in 2023 * Most emerging Asia equities strengthen * Philippine stocks hit highest since Sept. 19 By Himanshi Akhand Nov 23 (Reuters) - Singapore's dollar and ...

Posted on 23/11/2022

SGX Nifty rises 65 points: Firm Asian cues, DII buying, Inox Green Energy market debut & more

Nifty futures on the Singapore Exchange quoted 65 points, or 0.36 per cent, higher at 18,352.50, hinting at a positive start for the domestic market on Wednesday.

Posted on 23/11/2022

Singapore October Core Inflation Rises 5.1%, Less Than Forecast

The core inflation rate - the central bank's favoured price measure - rose to 5.1% in October on a year-on-year basis, compared with 5.3% in September. A Reuters poll of economists had forecast a 5.3% ...

Posted on 23/11/2022

DBS maintains ‘buy’ on Digital Core REIT on further DPU accretion

DBS analysts say the REIT’s upsized debt-funded acquisition or share buyback will generate further DPU accretion.

Posted on 23/11/2022

Singapore sees low 0.5% GDP growth in 2023 as exports slump

SINGAPORE: Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range ...

Posted on 23/11/2022

Singapore police say investigations into Binance.com ongoing

(Bloomberg) — Singapore police are investigating Binance.com over a possible breach of local payment services rules. “Police investigations are ongoing and we are unable to comment further,” according to a statement from the police in response to ...

Posted on 23/11/2022

Singaporean Distributor Springmount Services Brings Australian Eco-Friendly Brand Natroshield To Singapore

Natroshield, an Australian innovator in the fast-growing market of non-toxic and alcohol-free disinfectants, mould control, and sanitisers, has announced a distribution deal with local distributor Springmount Services.

Posted on 23/11/2022

Top 8 Luxury Condos in Singapore: Interlace, Nassim Hill, Ardmore Park & more

From award-winning architecture to boutique concepts and even marine conservation, here are 8 of Singapore’s best luxury condominiums that stand out in a crowded marketplace. From ultra-luxe fittings ... ( read original story ...)

Posted on 23/11/2022

Singapore sees 2023 GDP growth as low as 0.5% as exports slump

Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range for 2023 ...

Posted on 23/11/2022

Singapore expects trade growth of -2% to 0% for 2023; full-year forecast for 2022 upgraded

SINGAPORE on Wednesday (Nov 23) upgraded its 2022 full-year trade forecasts for the third time this year, even as it projected negative to flat growth for 2023. Read more at The Business Times.

Posted on 23/11/2022

Singapore’s GDP growth expected to come in ‘around 3.5%’ in 2022: MTI

At the same time, Enterprise Singapore has upped Singapore’s full-year NODX growth projection to ‘around 6.0%’ for 2022.

Posted on 23/11/2022

Singapore narrows 2022 growth forecast to ‘around 3.5pc’, sees a lower 0.5-2.5pc expansion in 2023

Singapore's economy is expected to see slower growth of 0.5 to 2.5 per cent in 2023, compared to a forecasted 3.5 per cent growth in 2022 — ...

Posted on 23/11/2022

Singapore projects GDP growth to ease in 2023 amid global slowdown

Singapore on Wednesday forecast its economic growth would slow to between 0.5% and 2.5% in 2023 from about 3.5% this year amid global economic pressures that would hit demand for the city-state's ...

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