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Category: BUSINESS

Posted on 30/10/2022

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 ...)

Posted on 30/10/2022

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 ...)

Posted on 30/10/2022

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 ...)

Posted on 29/10/2022

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 ...)

Posted on 28/10/2022

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 ...)

Posted on 28/10/2022

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 ...)

Posted on 28/10/2022

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 ...)

Posted on 28/10/2022

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 ...)

Posted on 27/10/2022

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 ...)

Posted on 27/10/2022

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 ...)

Posted on 27/10/2022

Credit Suisse to cut 9,000 jobs, some in Singapore, after posting $5.7b Q3 loss

The bank intends to raise capital worth 4 billion Swiss francs through the issuance of new shares to qualified investors. Read more at straitstimes.com. ( read original story ...)

Posted on 27/10/2022

Below-trend growth for Singapore economy in 2023 amid deteriorating global outlook: MAS

Inflation-growth dynamics of the global economy have turned less favourable in the past few months, says the macroeconomic review. ( read original story ...)

Posted on 27/10/2022

Singapore Economy Likely to Grow at Below-Trend Pace in 2023, MAS Says

Singapore's economic growth in 2023 is likely to be at a below-trend pace amid weaker external demand, the Monetary Authority ... ( read original story ...)

Posted on 27/10/2022

At 305m high, super penthouse on 8 Shenton Way will be the tallest residence in Singapore

It is set to dethrone Wallich Residence in the 283.7m Guoco Tower as the highest here. Read more at straitstimes.com. ( read original story ...)

Posted on 27/10/2022

Singapore Mulls Tighter Restrictions on Crypto Trading

The Monetary Authority of Singapore says that trading cryptocurrencies is “highly risky and not suitable for the general public.” ... ( read original story ...)

Posted on 27/10/2022

Singapore says crypto ban not feasible, proposes risk mitigation measures

Monetary Authority of Singapore the Singaporean central bank has published papers proposing regulatory measures to reduce the risk of consumer harm from tradin ... ( read original story ...)

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