Net profit increased by 4% in last quarter. The bank is still prudently making provisions for potential non-performing loans. ( read original story ...)
Singapore Will Not Join Biden’s ‘Cold War–style’ Coalition Against China, Says PM
Singapore will not be joining President-elect Joe Biden's ... "There will be countries who want to do business with China," he explained, adding: "To try and make a line-up, Cold War–style, I don't ... ( read original story ...)
6 shifts in global economy where opportunities may emerge, says group charting Singapore’s post-Covid economy
Covid world, the Emerging Stronger Taskforce is working on the premise that there will be no return to the old normal, even after the pandemic recedes.. Read more at straitstimes.com. ( read original story ...)
How Singapore has differentiated itself amid COVID-19
Singapore knew that facilitating crew change for seafarers stuck at sea could bring about risks such as importing Covid-19 cases, but it decided to go ahead anyway, to do the right thing ... ( read original story ...)
1 in 4 Singapore employers plan to freeze salaries next year: Survey
SINGAPORE (THE BUSINESS TIMES) - About a quarter of organisations in Singapore plan to introduce or continue with salary freezes in 2021, a tad fewer than the 30 per cent that paused wage increments ... ( read original story ...)
Southeast Asia could gain as supply chains shift during the pandemic, Singapore minister says
The pandemic has changed the way companies deploy their employees and they organize supply chains – possibly creating opportunities for Southeast Asia, says Singapore's trade minister. ( read original story ...)
Singapore mental healthcare startup Safe Space bags $250k in seed round
According to a report, a suicide prevention center in Singapore witnessed a 36% surge in the volume ... With the investment, Safe Space looks to expand its business across the Asia-Pacific region and ... ( read original story ...)
IN FOCUS: After COVID-19, where are the Singapore economy, workforce headed?
As COVID-19 has ripped through the Singapore economy, such words have become part of ... Firms had to return to the drawing board to work out contingency plans to stay in business. The economy swiftly ... ( read original story ...)
Singapore’s Sea tumbles as e-commerce slows down
SINGAPORE: Sea Ltd, South-East Asia’s most valuable company ... While reporting its financial results, Sea said that it now forecasts its digital entertainment business will surpass revenue of ... ( read original story ...)
Two Indonesian men charged with unlawful entry into Singapore; contraband cigarettes found during arrest
Singapore Customs will also investigate them for the possession of duty-unpaid cigarettes. “This is one good example of a member of the public working closely with the police to safeguard our waters ... ( read original story ...)
‘Novel methods’ being used to smuggle drugs into Singapore amid COVID-19 restrictions: CNB
Drug traffickers and syndicates operating in Singapore are using "novel" smuggling methods to exploit COVID-19 travel restrictions, the ... ( read original story ...)
‘All Eyes’ on the Hong Kong-Singapore Travel Bubble as Other Asian Countries Prepare for More, Bookings Firm Says
All eyes will be on Singapore and Hong Kong’s forthcoming quarantine-free travel bubble, as Asia’s tourism boards prepare for similar arrangements, said Klook. ( read original story ...)
Singapore Makes Plea for Top Talent to Drive Tech Goals
Singapore Prime Minister Lee Hsien Loong argued the island nation must welcome foreign talent to realize its goal of becoming a technology center, while acknowledging the tensions this could foster ... ( read original story ...)
Roundup: Singapore government, business organizations applaud RCEP
(Xinhua) -- Singapore's Ministry of Trade and Industry (MTI) and local business organizations applauded here recently the signing of the Regional Comprehensive Economic Partnership (RCEP), saying the ... ( read original story ...)
Singapore’s non-oil exports fall 3.1% in October, reversing growth from previous month
SINGAPORE: Singapore's October non-oil domestic exports (NODX) fell by 3.1 per cent year-on-year, missing forecasts by a significant margin, official data from Enterprise Singapore showed on Tuesday ... ( read original story ...)
Business associations will help members tap benefits of RCEP
Two business associations have welcomed the signing of the Regional Comprehensive Economic Partnership (RCEP), and said they will help local small and medium-sized enterprises (SMEs) tap opportunities ... ( read original story ...)