Global cryptocurrency company Luno announced that it will cease its operations in Singapore from 20 June 2023 onwards.
Singapore total trade falls 8.6% in March
SINGAPORE: Singapore's total trade fell 8.6 per cent on a year-on-year basis in March with total exports and imports declining by 6.5 per cent and 10.9 per cent, respectively.
Why is India catching up to Singapore as top business environment
The improvement is mostly attributable to gains in its scores for foreign trade and exchange controls, infrastructure, and technological readiness ...
Singapore-based Volopay gets MAS’ in-principle nod for major payment institution licence
The start-up said the approval will enable it to strengthen its foothold and services in Singapore. Read more at straitstimes.com.
Singapore’s crowded food delivery scene could see mergers, acquisitions soon: Analysts
Amid rising costs and slowing demand, consolidations – in the form of exits, mergers or acquisitions – could be a viable option for food delivery platforms, academics say.
Crypto lender Amber mulls potential sale of Japan subsidiary
Japan is a “very high-quality market, but regulations are strict," says Amber's managing partner Annabelle Huang.
Singapore Food Agency seizes 2 tonnes of illegally imported food, alcohol, and medicines
The Singapore Food Agency has seized about 2.2 tonnes of illegally imported food coming into the country from Vietnam. The Agency found the illegal goods following a raid at an old industrial building ...
Singapore unexpectedly leaves monetary policy unchanged as risks grow
Singapore's central bank on Friday left its monetary policy settings unchanged, reflecting the city-state's concerns about its growth outlook and surprising economists who had expected another round ...
Morning Bid: Singapore signals a peak for policy tightening
Median forecasts favour a dip of 0.4% but risks seem tilted to the downside with Goldman Sachs warning of a sharp pullback in spending following the collapse of SVB. Analysts at NatWest Markets are ...
Singapore, No. 1 in the world for best business environment, 15 consecutive years!
SINGAPORE: The Economist Intelligence Unit (EIU) reported that Singapore has retained “its position as the world’s best business environment for fifteen consecutive years” in a report on Thursday (Apr ...
Hong Kong urged to look at Singapore, Macau methods for housing migrant workers and reuse of quarantine centres
About a third of Singapore’s workforce are migrant workers – including 270,000 domestic workers. A further 415,000 overseas employees work in the construction and manufacturing sectors. “If we want to ...
GLOBAL MARKETS-Asia shares gain as Singapore stops tightening, euro climbs
Japan's Nikkei added 1.1% and Singapore stocks 0.4%. Chinese blue chips firmed 0.4%, with the economic outlook brightened by a surprisingly upbeat trade performance. "The stronger-than-expected March ...
Singapore’s central bank maintains policy settings as growth slows
The Monetary Authority of Singapore kept policy settings untouched after GDP growth missed expectations Singapore’s economy slowed in the first three months of 2023, contracting by 0.7% from the ...
Singapore’s Central Bank Unexpectedly Keeps Monetary Policy Unchanged — Update
Singapore's central bank unexpectedly kept its monetary policy stance unchanged, citing cooling core inflation and the ...
Counsellor suggests ways to boost halal product exports to Singapore
The dynamism and experience of a producing country will be advantages for Vietnamese businesses when joining the global halal market, to which Singapore is the nearest gateway, said Vietnamese Trade ...
Singapore misses GDP expectations in Q1, economy shrinks 0.7%
Singapore’s gross domestic product declined 0.7% on a quarter-over-quarter seasonally adjusted basis in the first quarter, the Ministry of Trade and Industry said in Friday’s preliminary reading.That ...