SINGAPORE continues to see strong growth momentum for wealth inflows, even as financial institutions stepped up onboarding processes in the wake of the S$3 billion money laundering case uncovered last ...
Singapore sees growth in assets management, debt market last year
SINGAPORE, July 18 (Xinhua) -- Singapore's asset management volume reached 5.41 trillion Singapore dollars (4 trillion U.S. dollars) by 2023, a 10 percent growth from the previous year, according to ...
These Return Metrics Don’t Make Genting Singapore (SGX:G13) Look Too Strong
And from a first read, things don't look too good at Genting Singapore (SGX:G13), so let's see why. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use ...
Bitcoin L2s help crypto miners in Asia supplement income with staking
Bitcoin L2s remain crucial to the Asian crypto ecosystem, offering miners new revenue streams after the most recent halving. One crypto narrative that has garnered significant traction across the ...
Allianz plans majority stake in Singapore firm to widen access to Asia markets
Europe's largest insurer, Allianz, is aiming to substantially enhance its presence in Singapore. In a statement, Allianz said the offer was a subsidiary collaboration formed through Allianz Europe BV ...
Exclusive: Singapore-Laos clean power deal stuck over transmission, sources say
The extension of a multilateral deal by Singapore to import hydropower from Laos is stuck due to disagreements over how the energy will be transmitted through Malaysia and Thailand, two regional ...
Singapore key exports down 8.7% in June, dragged by non-monetary gold and electronics
SINGAPORE’S key exports posted a deeper year-on-year decline in June, due mainly to fluctuations in the shipments of volatile products like non-monetary gold and electronics, data from Enterprise ...
Singapore’s NODX declined by 8.7% in June; drop mainly due to non-electronics
Singapore’s non-oil domestic exports (NODX) declined by 8.7% on a y-o-y basis in June, after May’s 0.7% decrease.
Singapore shares inch up at Wednesday’s open; STI up 0.1%
SINGAPORE stocks opened slightly stronger on Wednesday (Jul 17), tracking a rally on Wall Street after the Dow and S&P 500 notched fresh records. The Straits Times Index (STI) rose 0.1 per cent or ...
Environmental approval granted for Australian plan to export solar electricity to Singapore
Authorities in Australia's Northern Territory (NT) on Tuesday granted environmental approval for the world's largest renewable energy and transmission project.
Aussie plan to export solar power to S’pore receives environmental approval
CANBERRA: Authorities in Australia's Northern Territory (NT) have granted environmental approval for SunCable's Australia-Asia PowerLink (AAPowerLink) project, the world's largest renewable energy and ...
S’pore economy saw better-than-expected growth of 2.9% in Q2; Q1 growth revised up to 3%
Analysts upgraded their 2024 Singapore growth forecasts after the data release. Read more at straitstimes.com.
Singapore’s H1 private home sales plunged to record low, weakest first half since 2004
This latest tally is even lower than the sales recorded during the global financial crisis and the COVID-19 pandemic ...
ASEAN+3 Growth Momentum Steady on Export Recovery, Solid Domestic Demand
The ASEAN+3 Macroeconomic Research Office (AMRO) has kept its 2024–25 growth forecasts for the ASEAN+3 region broadly unchanged at 4.4 percent and 4.3 percent, respectively, in its latest quarterly ...
Singapore stocks slipped on Tuesday—STI dropped by 0.1%
SINGAPORE: Singapore stocks slipped on Tuesday, July 16, influenced by the mixed performance from the... The post Singapore stocks slipped on Tuesday—STI dropped by 0.1% appeared first on The Independ ...
Singapore’s Port Congestion Is Showing Signs of Abating
The congestion that’s been plaguing Singapore’s port is showing signs of easing, with container ship arrivals falling to the lowest in more than a year last month, official data show. Most Read from ...