adding that Uber would continue to operate in Singapore until May 7 to smoothen the transition. Uber sold its Southeast Asian business to bigger local rival Grab, marking the U.S. company’s second retreat from an Asian market. Uber gets a 27.5 percent ... ( read original story ...)
Singapore March exports likely climbed marginally from last year: Reuters poll
SINGAPORE (Reuters) - Singapore’s non-oil domestic exports likely rose marginally in March from a year earlier, a Reuters poll showed on Friday, indicating that a strong growth in electronics shipments offset a high-base effect from last year. ( read original story ...)
Singapore uncertainty index up on US-China trade tensions
Rising US-China trade tensions are raising alarm bells in export-reliant Singapore, with an index measuring economic uncertainty climbing to a five-month high in March. The Economic Policy Uncertainty (EPU) Index for Singapore rose to 155 last month from ... ( read original story ...)
Singapore Allows Currency to Gain in Gradual Tightening Move
an economist at United Overseas Bank Ltd. in Singapore. “They were still appreciative of the possible risks,” especially on trade and “because of that, in October I think they should still maintain” the stance, he said. While growth in the export ... ( read original story ...)
Is Singapore Sri Lanka’s door to East Asia?
In spite of the two islands’ decades of warm diplomatic relations, Singapore comprised only 1.1 per cent of Sri Lanka’s exports and 5.3 per cent of imports in 2016. The agreement underlines Singapore’s serious search for trade and investment partners ... ( read original story ...)
Singapore and Chongqing aim to cut freight time between the two cities to as little as 5 days
CHONGQING - It now takes about a week to transport goods between Singapore and Chongqing but the two cities hope that this can be reduced to as little as five days, easing the import and export of fresh produce for instance. To realise such time savings ... ( read original story ...)
Singapore to test facial recognition on lampposts, stoking privacy fears
SINGAPORE (Reuters) - In the not too distant future, surveillance cameras sitting atop over 100,000 lampposts in Singapore could help authorities pick out and recognize faces in crowds across the island-state. The plan to install the cameras, which will be ... ( read original story ...)
Singapore watchdog sets interim terms for Uber-Grab deal
SINGAPORE (Reuters) - Singapore’s competition watchdog on Friday outlined a number of interim measures as it continued investigation into ride-hailing firm Grab’s deal to buy Uber Technologies’ business in the city-state. The Competition and Consumer ... ( read original story ...)
Singapore Turns India’s Nifty Into a Giraffe
Singapore Exchange Ltd. has announced a new product that an excited hedge-fund manager described to me as the "most brilliant use of finance." That's an exaggeration, of course, though with a large grain of truth. SGX will launch three derivative products ... ( read original story ...)
Singapore central bank’s first tightening in six years comes with trade warning
SINGAPORE (Reuters) - Singapore’s central bank tightened monetary policy for the first time in six years on Friday, saying the city-state’s economy is expected to continue growing steadily even as it acknowledged risks from a trade spat between the ... ( read original story ...)
Singapore’s central bank tightens monetary policy for first time in six years
Singapore's central bank tightened monetary policy for the first time in six years. Preliminary data showed its economy also grew more than expected in the first quarter from the previous quarter on an annualized basis, on the back of continued growth in ... ( read original story ...)
Yachts and superyachts descend on Singapore
The eighth edition of the Singapore Yacht Show is back this week. Southeast Asia is seeing increasing potential as a yachting region, industry players told CNBC, so expectations for the event were high. The marina on Singapore's Sentosa island will see ... ( read original story ...)
Singapore central bank joins global trend as it tightens policy
Singapore's central bank joined the global monetary policy tightening trend, supported by a solid economic growth outlook, even as a trade war brews between the city state's two largest trading partners. The Monetary Authority of Singapore, which uses the ... ( read original story ...)
Singapore central bank tightens monetary policy for first time in six years
SINGAPORE: Singapore's central bank tightened monetary policy for the first time in six years on Friday, saying the city-state's economy should continue to grow, even as it acknowledged risks from a possible escalation of U.S.-China trade tensions. ( read original story ...)
Singapore Zoo’s 27-year-old polar bear Inuka may be put down
Singapore - An elderly polar bear at Singapore zoo, one of the site's most beloved animals, may be put down after its health deteriorated markedly, the zoo operator said Thursday. Inuka, the first polar bear born in the tropics, has reached the grand old ... ( read original story ...)
Singapore Central Bank Moves to Allow Currency To Strengthen
Singapore’s central bank joined the global monetary policy tightening trend, allowing its currency to strengthen on a solid economic growth outlook even as a trade war brews between the city state’s two largest trading partners. The central bank is ... ( read original story ...)