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Category: BUSINESS

Posted on 22/11/2024

Singapore’s revised Q3 growth prompts economists to raise full-year forecasts for 2024, but hold or lower 2025 projections

ECONOMISTS have raised their 2024 full-year growth forecasts for Singapore on the back of better-than-expected third quarter growth – but held or lowered their projections for 2025, citing global ...

Posted on 22/11/2024

Singapore’s outstanding business leaders and innovators lauded at SBR Management Excellence Awards 2024

The awards programme honoured Singapore’s top business leaders, innovators, and teams for their exceptional contributions to business growth, employee well-bein ...

Posted on 22/11/2024

Singapore cuts 2024 key exports forecast again on weaker-than-expected recovery

Volatile segments such as pharmaceuticals could continue to weigh on rest of 2024 performance. Read more at straitstimes.com.

Posted on 22/11/2024

Singapore downgrades 2024 export forecasts again on weaker-than-expected recovery

SINGAPORE has narrowed its 2024 full-year forecasts for both non-oil domestic exports (NODX) and total merchandise trade, on a worse-than-expected recovery in the second half of this year. This was ...

Posted on 22/11/2024

Singapore’s 2024 NODX forecast downgraded to ‘around 1%’ following weaker-than-expected 3Q2024 growth

Singapore’s FY2024 growth forecast for total merchandise trade and non-oil domestic exports (NODX) have narrowed to around 5% and 1% respectively, following weaker-than-expected 3Q2024 growth, due to ...

Posted on 22/11/2024

Singapore Q3 GDP up 5.4% y-o-y, higher than advance estimate; 2024 forecast upgraded

SINGAPORE: Singapore's economy grew 5.4% in the July-September quarter from a year earlier, higher than the 4.1% official advance estimate released last month and above market expectations, government ...

Posted on 22/11/2024

US October gasoline imports hit post-pandemic low on slump in European shipments

U.S. waterborne gasoline imports fell in October to their lowest since the COVID-19 pandemic, with European shipments to the U.S. Northeast hitting a record low and Asian cargoes more than halved from ...

Posted on 22/11/2024

Fraud claims in Singapore jump 63%: report

A dispute resolution center in Singapore recorded 829 fraud claims in the 12 months ending June 30, a 63% increase from a year earlier.

Posted on 21/11/2024

Lum Chang proposes listing interior fit-out business on Singapore Catalist

CONSTRUCTION company Lum Chang is mulling over plans to spin off its interior fit-out business in a listing on the Singapore Exchange’s Catalist board. Read more at The Business Times.

Posted on 21/11/2024

Singapore stocks fall amid regional sea of red; STI down 0.1%

SINGAPORE – Investors painted the region a light shade of ... while UOB was down 0.2 per cent to $36.15 and OCBC fell 0.3 per cent to $16.43. THE BUSINESS TIMES Join ST's Telegram channel and get the ...

Posted on 21/11/2024

Crypto.com and Triple-A join hands to enable direct crypto payments

The move will remove conversion fees, shortening transactions to just one step. Read more at straitstimes.com.

Posted on 21/11/2024

Goldman Sachs-Backed BitGo Opens Singapore Subsidiary to Serve APAC Market

BitGo launched its Singapore subsidiary, offering regulated token services to the broader APAC market after securing a license in August.

Posted on 21/11/2024

Bitcoin hits record US$95,000 as crypto seeks direct line to Trump

The largest digital asset rose about 2% in the US on Wednesday and extended the advance early in Asia on Thursday to a record high of US$95,004.

Posted on 21/11/2024

Maybank eyes Johor-Singapore SEZ for growth; targets 25% profit contribution from Singapore by 2027

THE upcoming Johor-Singapore Special Economic Zone (SEZ) could drive a 10 to 20 per cent growth in Maybank Singapore’s loan book within the first year of operation, country chief executive Alvin Lee ...

Posted on 21/11/2024

SBC: Agreement to Acquire Singapore’s AHH Furthers Emerging International Expansion

SBC READ THE FULL SBC RESEARCH REPORT Agreement to Acquire Singapore’s AHH Furthers Emerging International Expansion Strategy SBC Medical Group Holdings (NASDAQ:SBC), which provides end-to-end ...

Posted on 21/11/2024

Labubu fever: Woman fined for bringing dolls into Singapore without declaring value, 3 boys investigated after 5 dolls go missing in Yishun

One of the latest stories attesting to “Labubu fever” in Singapore involves a woman who returned from a business trip from London and whose suitcase contained a number of pricey items, including ...

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