Top NODX to Singapore’s top markets grew in 2022, except for China, Hong Kong and Thailand. The biggest contributors to the NODX increase were the US, European Union countries and Malaysia. Oil ...
Singapore keeps forecast for 2023 trade and export growth at ‘-2 to 0%’
Trade with most major partners will slow except China and Japan Singapore’s trade and non-oil domestic export (Nodx) for 2023 is seen to slow, following a strong recovery from the pandemic recorded in ...
Singapore downgrades Q4 GDP, keeps 2023 forecast
Singapore's economy grew slightly less than initially estimated in the fourth quarter from a year ago, official data showed on Monday, and the government kept its forecast for annual growth to come in ...
Singapore’s DBS profit jumps two-thirds, CEO sees rate rises moderating
DBS Group reported a higher-than-expected 68% rise in quarterly profit as rising interest rates boosted its net interest margins and Southeast Asia's largest bank by assets retained its full-year ...
Singapore’s DBS profit jumps more than two-thirds, outlook robust
DBS Group reported a higher-than-expected 68% rise in quarterly profit as rising interest rates boosted its net interest margins and Southeast Asia's largest bank by assets retained its full-year ...
Singapore-based Fintech Tazapay Secures $16.9M via Series A Round
Tazapay, a fintech company specializing in cross-border payments, announced that it has raised $16.9 million in its Series A funding round.
Singapore bank DBS Q4 profit soars 68%, flags robust outlook
DBS Group reported a higher-than-expected 68% rise in quarterly profit as rising interest rates boosted its net interest margins and Southeast Asia's largest bank by assets retained its full-year ...
Singapore bank DBS Q4 profit jumps 68%, says rate rises to moderate
SINGAPORE: DBS Group reported a 68 per cent rise in quarterly profit on Monday (Feb 13) as rising interest rates boosted its net interest margins, but Southeast Asia's largest bank by assets said that ...
Live news: Singapore-based DBS profit rises 69% as higher rates boost margins
Singapore-based DBS said October-December net profit rose to a record S$2.34bn (US$1.76bn), exceeding analysts’ estimates of S$2.16bn and S$1.39bn in the same period a year earlier. Loans rose 4 per ...
Singapore bank DBS Q4 profit jumps 68%
SINGAPORE, Feb 13 (Reuters) - DBS Group reported a 68% rise in quarterly profit on Monday as rising interest rates boosted its net interest margins, but Southeast Asia’s largest bank by assets said ...
Commentary: Crucial for Singapore that Budget 2023 gets balance right
SINGAPORE: With Budget 2023 to be announced on Tuesday (Feb ... and that major central banks (like the United States Federal Reserve and the European Central Bank) are easing aggressive monetary ...
Budget 2023: Global headwinds mean Singapore policymakers will be walking a tightrope
SINGAPORE – Tuesday’s Budget will test Singapore’s ability to manage challenges posed by the global economic slowdown, geopolitical tensions, surging inflation and interest rates and the cost of ...
Onn Hafiz: Johor has potential to receive RM10b-RM15b investment from Singapore-based international companies
Johor has the potential to draw investments of around RM10 billion to RM15 billion from several international companies based in Singapore, according to Menteri Besar Datuk Onn Hafiz Ghazi.Onn Hafiz ...
Singapore plans to upgrade electricity grid amid rising energy demand, increasing use of renewables
With plans to increase the amount of low-carbon electricity imports to 4 gigawatts by 2035 and produce at least 2 gigawatts of solar power by 2030 – from more than 300 megawatt-peak as at the end of ...
Long Weekend | 36 Hours in Singapore: The Lion City that keeps reinventing
If there’s one thing I’ve learnt about Singapore, she’s like a rockstar or a champion sportsperson who never stops reinventing. I’ve lost track of the number of times I’ve visited the Lion City. From ...
Electronics, healthcare opportunities in advanced manufacturing sector: EDB | Video
In CNA's continuing series on growth drivers in Singapore, we look at the electronics and healthcare opportunities in the advanced manufacturing sector, which contributes to a fifth of the country's ...