Singapore’s growth momentum has picked up and the negative output gap is projected to close in H2 2024,” the MAS said.
OCBC to Stop Russia-Linked Transactions to Cut Risk
Oversea-Chinese Banking Corp. will stop handling transactions involving Russia as it moves to cut exposure to the nation hit with global sanctions.
Jamus Lim on Income Tax (Amendment) Bill and Multinational Enterprise (Minimum Tax) Bill
Bill will align Singapore’s tax regime with international tax developments arising from the BEPS 2.0 initiative. On concerns that subscribing to a corporate minimum tax will erode a cornerstone of Sin ...
Top Tech News: Singapore’s Economy Expands by 4.1% in Q3 2024; London Crypto Trader Pleads Not Guilty to Illegal Crypto ATM Business Charges
Good morning, tech fam; here are some quick tech updates for you to catch on to! What’s New Today: Singapore’s Economy Expands by 4.1% in Q3 2024Fast-Track Insi ...
Alleged Hong Kong Crypto Swindler Tied to Singapore Money Laundering Syndicate
Su Weiyi is also listed as an owner of two Hong Kong companies along with a man named Wang Dingkai. He co-founded a firm in the Philippines, which was raided by police in 2023 as part of an ongoing ...
China copper imports climb 15% on seasonal demand, brighter outlook
Singapore – China’s imports of unwrought copper rose in September from the prior month, customs data showed on Monday, due to improving seasonal demand and a better consumption outlook for the ...
China’s Exports Slow But Continue Run of Growth
China’s exports grew at a slower pace in September, but extended their streak to a sixth consecutive month, driven by Beijing’s efforts to cement its dominance in global manufacturing.Outbound ...
Free collection of bulky e-waste from doorstep for all households in Singapore from 2025
More than 22,300 tonnes of electronic waste have been collected in Singapore since February 2022. Read more at straitstimes.com.
Singapore economy grows 4.1% in Q3, more than expected, on manufacturing rebound
Manufacturing sector expanded 7.5 per cent, rebounding from 1.1 per cent contraction in previous quarter. Read more at straitstimes.com.
Singapore to Halt $1.69 Billion Allianz Deal for Majority Stake in Income Insurance
The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz to buy a majority stake in Singapore insurance company Income Insurance.
Singapore blocks massive US$1.7bil Allianz-income insurance deal; govt says it is not good for public interest
Singapore will block a bid by German insurer Allianz to buy a majority stake in Singapore's Income Insurance but remains open to a new deal if its concerns can be addressed, Prime Minister Lawrence Wong said in a Facebook post on Monday.
Singapore Dollar Steady, Underpinned by MAS’s Appreciation Stance on Policy Band
Singapore dollar was steady against its U.S. counterpart after choppy trade earlier, after the Monetary Authority of Singapore decided to keep its policy settings unchanged.
MAS keeps support for strong Singdollar; sees core inflation easing to 2% by year-end
MAS said risks to Singapore’s inflation outlook are more balanced compared to July. Read more at straitstimes.com.
Singapore Blocks $1.7 Billion Allianz-Income Insurance Deal
The Singapore government is seeking to stop a proposed deal by Allianz SE to buy a majority stake in Income Insurance Ltd. under its current form. Most Read from BloombergDubai’s Allure to Expats Is ...
Singapore banks expect lower rates, China stimulus to boost wealth business
Singaporean banks' mainstay wealth businesses are set to drive growth in the near-term on interest rate cuts and hopes of a revival in the Chinese economy, even as they are expected to post a ...
Singapore Shares May Halt Losing Streak On Monday
The Singapore stock market has moved lower in two straight sessions, slumping almost 25 points or 0.6 percent along the way. The ...