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Posted on 23/11/2022

Singapore fixed-asset investments fall to $956 million in Q3

Business investment declined markedly in the third quarter, likely due to weaker economic sentiment amid inflation concerns and the faltering global economy. Read more at straitstimes.com.

Posted on 23/11/2022

EMERGING MARKETS-Singapore’s dollar, stocks slide on disappointing growth outlook

Singapore projects GDP growth to ease in 2023 * Malaysian stocks fall for thirst consecutive session * Philippine stocks hit highest since Sept. 19 By Himanshi Akhand Nov 23 (Reuters) - Singapore's ...

Posted on 23/11/2022

Singapore’s slowing growth carries risk of technical recession in 2023: Analysts

Any recession will likely be a shallow one due to the offsetting tailwinds from lifting of local mobility and international travel restrictions. Read more at straitstimes.com.

Posted on 23/11/2022

UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholders

UOB EVOL cardholders will now be able to offset 100 per cent or more of their household electricity carbon footprint for free when they charge SP Group's (SP) utilities bills to their credit card, via ...

Posted on 23/11/2022

Singapore’s core inflation eases slightly to 5.1% in October; expected to stay elevated in next few quarters

SINGAPORE: Singapore's core inflation eased slightly to 5.1 per cent in October, driven by smaller increases in electricity and gas prices, retail, as well as other goods and service, official data ...

Posted on 23/11/2022

Singapore core inflation eases to 5.1% in October, first drop in 8 months

The headline consumer price index or overall inflation came in at 6.7%, down from September’s 7.5%. Read more at straitstimes.com.

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.

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