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Month: April 2023

Posted on 17/04/2023

Singapore March exports fall 8.3% year over year, drop less than forecast

Singapore's March non-oil domestic exports (NODX) shrank 8.3% year-on-year, official data showed on Monday, though the drop was smaller than the previous month and less than forecast.

Posted on 17/04/2023

Why is India catching up to Singapore as top business environment in latest ranking

Singapore retained its number one spot in a ranking which predicts the countries that will have the best business environment in the world for the next 5 years, a position it has held for the last 15 ...

Posted on 17/04/2023

Singapore Home Sales Climb to Six-Month High on Robust Demand

Singapore’s home sales rose to a six-month high in March as appetite for homes remained strong. Purchases of new private apartments increased to 492 units last month, according to figures from the ...

Posted on 17/04/2023

Singapore’s Policy Pause Sets Stage for Local Dollar as Funding Currency, HSBC Says

The Monetary Authority of Singapore’s policy pause last week paves the way for the local dollar to become a funding currency, according to HSBC Holdings Plc.

Posted on 17/04/2023

OCBC and police joint operation prevents 700 scam victims from further $12.6m losses

Live interventions were carried out during a recent month-long joint operation by the Singapore Police Force’s Anti-Scam Centre (ASC) and OCBC Bank to prevent losses of more than $12.6 million for ...

Posted on 17/04/2023

UOBKH stays ‘overweight’ on Singapore banks despite plateauing NIM expansion

Shareholders would be rewarded with higher dividends in tandem with strong earnings growth in 2023, the analyst says.

Posted on 17/04/2023

Singapore total trade falls 8.6% in March

SINGAPORE: Singapore's total trade fell 8.6 per cent on a year-on-year basis in March with total exports and imports declining by 6.5 per cent and 10.9 per cent, respectively.

Posted on 17/04/2023

Why is India catching up to Singapore as top business environment

The improvement is mostly attributable to gains in its scores for foreign trade and exchange controls, infrastructure, and technological readiness ...

Posted on 17/04/2023

Shell launches its first electric ferry at Singapore plant

Shell Plc on Monday launched its first electric ferry globally at its Singapore refinery and pledged to work with the city-state's port authority to cut emissions from ships.

Posted on 17/04/2023

Man wanted in Singapore for drug trafficking back to face charges after arrest in Malaysia

The Central Narcotics Bureau (CNB) has arrested a 56-year-old Singaporean, who had been out of the country since 2018, for suspected drug trafficking.

Posted on 17/04/2023

Singapore Premier League: Tampines lose lead to Albirex after late draw against Hougang

Tampines Rovers ceded their early-season lead atop the Singapore Premier League, even though they snatched a late equaliser in a 1-1 draw with Hougang United.

Posted on 17/04/2023

Singapore woman narrowly escapes getting struck by garbage truck in Havelock (Video)

The Singapore Police Force said they were alerted to the accident along Ganges Avenue yesterday morning at 10:30am to a Sembcorp garbage truck that struck a traffic light and almost hit a woman crossing the road.

Posted on 17/04/2023

Top PH Digital Solutions Firm Globe, PH Trade Department, Singapore’s Proxtera, Partner to Equip Filipino MSMEs With Financial Skills

The courses include a series of modules with videos by industry experts explaining different concepts followed by a short quiz.

Posted on 17/04/2023

GROW Believes Simple is Better for Crypto Finance Management

"Decentralization is the essence of crypto and is the fundamental basis of how it solves many tradfi [traditional finance] issues. However, the inevitable trade-off is that it leads to a burdensome ...

Posted on 17/04/2023

China central bank ramps up liquidity injection when rolling over medium-term policy loans

China's central bank ramped up liquidity injection when rolling over maturing medium-term policy loans for the fifth consecutive month on Monday, while keeping interest rate unchanged, matching market ... ( read original story ...)

Posted on 17/04/2023

Singapore-based Volopay gets MAS’ in-principle nod for major payment institution licence

The start-up said the approval will enable it to strengthen its foothold and services in Singapore. Read more at straitstimes.com.

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