Business sentiment in Singapore's manufacturing sector is to remain negative in the next six months as demand may be dampened by ... ( read original story ...)
Singapore’s UOB to stop backing new upstream oil and gas projects, sets 2050 net-zero targets for polluting sectors
Singapore’s UOB bank will stop backing new upstream oil & gas projects. It also laid out its 2050 net-zero targets for six polluting sectors. ( read original story ...)
Why Indian startups are setting base in Singapore but Flipkart-owned PhonePe isn’t
The Indian payments service provider PhonePe, which is supported by Flipkart, declared earlier this month that it had finished moving its headquarters from Singapore to India. American grocery giant ... ( read original story ...)
Transport engineering cluster seen as most optimistic as business sentiments in manufacturing sector remain negative
Looking ahead, a net weighted balance of 17% of manufacturers expect lower output in the 4Q2022 for the next six months. ( read original story ...)
Swiss Chamber Eyes Bigger Role in Singapore: Businesses to Drive Innovation, HR Development
SINGAPORE - Media OutReach - 31 October 2022 - Swiss Chamber of Commerce and Industry Singapore (SwissCham) said it aims to leverage on the core strengths of innovation and ... ( read original story ...)
Why Indian Startups are establishing a base in Singapore
Earlier this month, Flipkart-backed Indian payments service company PhonePe announced that it had completed the move of its headquarters from Singapore to India. Indian e-commerce giant Flipkart is a ... ( read original story ...)
Karaoke operators worry Covid-19 surge may impact their business
SINGAPORE - Karaoke operators finally opened their doors to guests after six months, but they are worried higher infection numbers may mean a return to restrictions - a move they say could mean ... ( read original story ...)
Football: World Cup rights holders in Singapore face challenges in recouping fees of over $25m
Late announcement of the deal, unique timing of the Qatar World Cup, will impact ability to attract customers, say experts. Read more at straitstimes.com. ( read original story ...)
Keeping the COE price under control: Should Singapore adopt a ‘1 car, 1 household’ policy or a separate COE category for commercial vehicles?
The Certificate of Entitlement (COE) is something unique to Singapore. It is a scheme that was implemented, along with the Vehicle Quota System (VQS) to control the population growth of vehicles here. ( read original story ...)
Funeral workers wanted in Singapore: At least 800 job vacancies available over next few years
Faced with an ageing population, Singapore’s annual deaths are set to rise from about 24,000 in 2021 to 40,000 in 2040. ( read original story ...)
Gas supply from Sumatra to Singapore to ease under new contract from 2023
The volume of Indonesian gas supplied to Singapore from South Sumatra will fall under a new five-year contract that starts from 2023, said Indonesia’s Minister for Energy and Mineral Resources Arifin ... ( read original story ...)
Singapore stocks end week on a high amid bargain hunting; STI up 1.5% on Friday
Local shares ended a choppy week on an upbeat note on Friday, thanks in part to some buoyant corporate results. Read more at straitstimes.com. ( read original story ...)
Dirty Russian oil tankers pile up near Singapore and Malaysia ahead of EU sanctions
Nearly 65 per cent of all Russian flows that have signalled Singapore as a destination have ended up in commercial floating storage tankers around Malaysia’s Tanjung Pelepas over the last three months ... ( read original story ...)
Singapore’s total employment grows in Q3 but job market shows signs of slowing momentum: MOM
Unemployment rates inched up from a six-year low while retrenchments rose to 1,600 from the previous quarter’s all-time low of 830. ( read original story ...)
Inflation in Singapore to stay high next year even as economic growth slows: MAS
Singapore is headed for a difficult year in which economic growth will slow while inflation will remain high, partly because wage increases are expected to continue. ( read original story ...)
Inflation in Singapore will stay high next year even as pace of economic growth slows: MAS
No imminent threat of a recession here but the outlook depends on trajectory of other advanced economies, MAS warns. Read more at straitstimes.com. ( read original story ...)