Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured a strategic investment from EDBI, a global Asian-based investor. This investment, along with a ... ( read original story ...)
With eye on China, India looks to increase barriers on imports from Asia
New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added value, two government sources said, amid strained ties ... ( read original story ...)
Singapore factory activity expands slightly in July after 5 months of contraction
Singapore’s factory activity expanded slightly in July after five months of contractions. The Purchasing Managers’ Index (PMI) for ... ( read original story ...)
Singapore’s factory activity gauge jumps back into expansion territory
Manufacturing activity made a surprise jump into expansion territory in July after five straight months of contraction amid the coronavirus-induced slump.. Read more at straitstimes.com. ( read original story ...)
StanChart gets to double footprint in Singapore as first significantly rooted foreign bank; MAS enhances scheme
SINGAPORE - The Monetary Authority of Singapore (MAS) on Monday (Aug 3) named Standard Chartered Bank (Singapore) the first Significantly Rooted Foreign Bank (SRFB) here, allowing it to operate up to ... ( read original story ...)
Coronavirus: Many small-medium enterprises in Singapore still struggling to survive
While some owners have begun frantically diversifying business offerings to find new sources of revenue, others have taken on odd jobs.. Read more at straitstimes.com. ( read original story ...)
China Wealth Manager Hywin Plans Foray Into Singapore
Hywin Wealth Management Co. is weighing an expansion into Singapore to follow its Chinese clients and tap the surge of wealthy individuals in Southeast Asia. ( read original story ...)
Singapore’s Koi first in line for LJ Hooker recapitalisation
Singaporean fund manager Koi Structured Credit is the favourite to take the keys to Australian real estate group LJ Hooker after securing the support of administrator KPMG. ( read original story ...)
Garden city: why Singapore has gone bananas for home farming
According to the Agri-Food and Veterinary Authority of Singapore (AVA), Singapore currently imports more than 90 percent of her food supply. In 2016, less than one percent of land in the island state ... ( read original story ...)
Singapore Exchange CEO: Asia’s strength lies in mutual growth and support
Hong Kong and Singapore are important and major financial hubs in Asia, and every link needs to be strong for the region to "prosper," says Singapore Exchange CEO Loh Boon Chye. ( read original story ...)
Market Report: Hong Kong’s Loss Could be Singapore’s Gain, Say Locals
As protests and legal changes continue to dog Hong Kong, Singapore is attempting to gain a bigger slice of the Asian legal business market. ( read original story ...)
Singapore Names 2020 Book Award Finalists, Adds Digital Categories
Those who know Singapore understand that the culture has an unusually engaged book business for a population of 5.6 million people, close to the size of Denmark and the city of Atlanta. At times, some ... ( read original story ...)
Singapore fuel oil inventories steady, exports to Saudi hit fresh record
Singapore's residual fuel oil inventories were steady in the week to July 29 despite a jump in net import volumes, official data showed on Thursday. Onshore fuel oil stocks rose 87,000 barrels, or ... ( read original story ...)
Singapore-based Volopay wants to be the “Brex of Southeast Asia”
Small- to medium-sized companies that do a lot of international business have to deal with two big headaches: high foreign exchange fees and corporate expense tracking. Volopay, a Singapore-based ... ( read original story ...)
UPDATE 1-Australia fast-tracks ambitious $16 bln solar power export project
Australia decided this week to fast track approvals for a A$22 billion ($16 billion) project to supply solar power to Singapore via the world's longest subsea high voltage cable, a move to boost ... ( read original story ...)
Singapore’s business sentiments for next 6 months remain subdued: survey
Singapore's Economic Development Board (EDB) and Department of Statistics (DOS) on Thursday released survey reports about business expectations showing pessimistic views for the remaining year. The ... ( read original story ...)