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Category: BUSINESS

Posted on 03/11/2023

Singapore to propose new law to manage significant investments into critical entities

Singapore currently relies on sector-specific laws – such ... Orders can be given to “direct the assumption of control of the designated entities’ affairs, business and property to ensure their continuity” in the event of national security issues ...

Posted on 03/11/2023

Singapore warns foreigners against using country to further political causes amid Israel-Hamas war

In a joint advisory, manpower and security agencies urge foreign workers to not import foreign politics into Singapore, including through the public display of materials such as flags.

Posted on 03/11/2023

Singapore crypto operator offers GCash-type wallet

OPERATORS behind Singapore-based cryptocurrency platform “Account Labs” announced having entered the Philippine market by offering the Unipass crypto wallet to freelancers. One of the operators, Lixin ...

Posted on 02/11/2023

Singapore’s PMI sees back-to-back gains after six-month contraction

It may indicate that a gradual manufacturing recovery could be underway, say economists. Read more at straitstimes.com.

Posted on 02/11/2023

Singapore’s middle distillates stocks surge 1 mln bbl on slow gasoil outflow

Singapore's middle distillates inventories surged by almost 1 million barrels, as persistently lower gasoil outflows for a second straight week offset an increment in jet fuel/kerosene net exports, ...

Posted on 02/11/2023

Singapore’s Emerging Role as a Business Hub Compared to Hong Kong

Singapore is experiencing a significant transformation in its economic landscape. Read more about business in Hong Kong.

Posted on 02/11/2023

Foreigners in S’pore reminded not to support or import foreign politics amid Israel-Hamas war

SINGAPORE - Foreigners should avoid using Singapore as a platform to further their political causes amid the Israel-Hamas conflict, said the Ministry of Manpower (MOM). Read more at straitstimes.com.

Posted on 02/11/2023

Singapore seen as hub for renewable energy

Singapore can serve as a hub for renewable energy as the city-state can leverage its status as one of the world's biggest commodity trading centers and bunkering ports, analysts said.

Posted on 02/11/2023

Singapore must find ‘right approach’ to decide who takes responsibility for malware scam losses: MAS chief

The authorities are “very concerned” about malware scams and discussions with banks on putting safeguards in place are underway, says Singapore’s central bank chief Ravi Menon in an interview with CNA ...

Posted on 01/11/2023

Report projects Singapore to be S-E Asia’s biggest market in digital lending and wealth

SINGAPORE - Singapore is projected to be the biggest digital lending market in South-east Asia this year through to 2030, according to a report published on Wednesday by Google, Temasek and Bain & Company. It is also expected to be the biggest digital ...

Posted on 01/11/2023

Singapore overtook the US as the largest investor in Asia Pacific real estate for the first time: Knight Frank

Singapore has emerged as the primary source of Asia Pacific real estate investments YTD, surpassing the US for the first time, according to a report by Knight Frank.

Posted on 01/11/2023

Study: Gen Z Americans say Singapore is 5th most desirable country for expats

Singapore got top marks not only because of its economy and infrastructure but also because of ease of travel to other destinations in Asia

Posted on 01/11/2023

Singapore Imposes Penalties on DBS for Service Outages

The Monetary Authority of Singapore won’t allow DBS Bank to acquire new business ventures for six months, one of several penalties imposed for what the central bank described as excessive interruptions to banking services this year.

Posted on 01/11/2023

Singapore’s central bank bars DBS bank from new takeovers for 6 months, after repeated banking service disruptions

The regulator said it would not approve any new business acquisitions by the bank during this period, adding DBS would also not be allowed to reduce the size of its branch and ATM networks in Singapore for now. Singapore DBS, Citi customers can’t use ...

Posted on 01/11/2023

Singapore’s HMI Group to buy majority stake in heart and vascular company

SINGAPORE - Singapore’s Health Management International ... Management announced an investment into the holding company of HMI via its hybrid value business. The value of the investment was not ...

Posted on 01/11/2023

MAS expects Singapore growth to pick up pace in 2024

Singapore’s economy is expected to shake off the stagnation it has suffered for most of 2023 and grow at a faster pace in 2024.

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