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Category: BUSINESS

Posted on 23/11/2022

Singapore’s core inflation eases slightly to 5.1% in October; expected to stay elevated in next few quarters

SINGAPORE: Singapore's core inflation eased slightly to 5.1 per cent in October, driven by smaller increases in electricity and gas prices, retail, as well as other goods and service, official data ...

Posted on 23/11/2022

Singapore core inflation eases to 5.1% in October, first drop in 8 months

The headline consumer price index or overall inflation came in at 6.7%, down from September’s 7.5%. Read more at straitstimes.com.

Posted on 23/11/2022

Singapore sees low 0.5% GDP growth in 2023 as exports slump

SINGAPORE: Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range ...

Posted on 23/11/2022

Singapore sees 2023 GDP growth as low as 0.5% as exports slump

Singapore on Wednesday projected its economic growth rate for next year to come in as low as 0.5%, as an export slump underscores a worsening global outlook. Trade officials said the range for 2023 ...

Posted on 23/11/2022

Singapore expects trade growth of -2% to 0% for 2023; full-year forecast for 2022 upgraded

SINGAPORE on Wednesday (Nov 23) upgraded its 2022 full-year trade forecasts for the third time this year, even as it projected negative to flat growth for 2023. Read more at The Business Times.

Posted on 23/11/2022

Singapore’s GDP growth expected to come in ‘around 3.5%’ in 2022: MTI

At the same time, Enterprise Singapore has upped Singapore’s full-year NODX growth projection to ‘around 6.0%’ for 2022.

Posted on 23/11/2022

Uproar as ship with 18,000 tonnes Singapore maize docks

Trade Cabinet Secretary Moses Kuria had on Monday said a legal notice for the importation of Genetically Modified Maize by millers was due this week. However, before the State wou ...

Posted on 23/11/2022

FTX Collapse: Binance, Largest Crypto Exchange, Is Under Investigation

The bankruptcy of the FTX cryptocurrency exchange is pushing regulators to increase their scrutiny of the crypto space.

Posted on 22/11/2022

Crypto exchange urges Singapore to implement ‘practical’ regulation on back of FTX collapse

Independent Reserve wants Singapore to lift its ban on cryptocurrency advertising, urging instead for a regulatory framework that protects consumers, but industry regulator MAS has rebuffed criticism ...

Posted on 22/11/2022

Singapore’s PropertyGuru slips back into the red with $5.3 million net loss for the third quarter

Singapore-based online property portal PropertyGuru posted a net loss of $7.4 million Singapore dollars ($5.3 million) for the quarter ended Sept. 30 — down from last quarter’s net profit of SG$3.8 ...

Posted on 22/11/2022

Massive uproar as ship with Singapore maize docks

Trade Cabinet Secretary Moses Kuria had on Monday said a legal notice for the importation of Genetically Modified Maize by millers was due this week. However, before the State wou ...

Posted on 22/11/2022

Outstanding companies hailed in The Asian Export Awards, Made in Singapore and Designed in Singapore Awards

Winners have demonstrated significant efforts towards the improvement of the manufacturing sector for the past year. As Asia Pacific’s manufacturing sector’s recovery continues to be in an upward ...

Posted on 22/11/2022

Here’s why MICE organisers should choose Singapore for their next event

As worldwide travel continues to recover, MICE is also picking up and there is no better place to hold an event in Asia than in Singapore. Here are some of the reasons why MICE organisers should plan ...

Posted on 21/11/2022

Singapore’s Stringent Digital Asset Laws Upset Crypto Entrepreneurs, Buterin Being Latest

Coinbase CEO Brian Armstrong criticized Singapore's crypto regulation, stating that the city-state is not allowing retail trading.

Posted on 21/11/2022

Singapore Defends Itself Against Binance Stance Post FTX Fallout

The Monetary Authority of Singapore defended its stance on Binance.com and collapsed crypto exchange FTX, following criticisms about the differing treatment of the two firms since the regulator had ...

Posted on 21/11/2022

Wong says SG had plans to tighten rules on crypto even before FTX bankruptcy

Singapore is open to digital innovation but not crypto speculation. Following the recent bankruptcy involving FTX, a crypto exchange, Deputy Prime Minister Lawrence Wong underscored their plans to put ...

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