It is forecast to reach S$1.37/USD in 2021. The Singapore dollar is expected to finish 2020 on a stronger note and continue its rally through 2021 on the back of continued uncertainty in the US and a ... ( read original story ...)
Singapore factory output surges at fastest pace in nine years on pharma boost
Singapore's industrial output blew past forecasts to rise 24.2% year-on-year in September, its fastest pace in nine years, boosted by pharmaceutical manufacturing more than doubling last month, ... ( read original story ...)
Singapore: Deflationary pressure eases momentum – UOB
Economist at UOB Group Barnabas Gan reviewed the latest inflation figures in Singapore for the month of September. Key Quotes “Singapore’s consumer prices fell marginally by 0 ... ( read original story ...)
UOB value chain financing doubles in H1
During the third quarter, Singapore's construction sector contracted 44.7% YoY. This pressure was also reportedly reflected in a UOB survey, which found that cash flow was indicated as the top ... ( read original story ...)
Thai Siam Commercial Bank launches food delivery app amid competition
Thailand’s Siam Commercial Bank Pcl (SCB) on Monday launched a food delivery platform, Robinhood, amid growing competition in the sector in Southeast Asia's second-largest economy. ( read original story ...)
DBS launches online tracking for cross-border payments in Asia’s first
More than 240,000 DBS corporate and SME clients in Singapore and Hong Kong will be the first to benefit from the service at no additional fee. “The importance of enabling real-time tracking of ... ( read original story ...)
Singapore Tests Re-Opening Strategy With Energy Conference
Singapore is holding its first large-scale business conference this week since the coronavirus pandemic, a key test of efforts to restart the the city-state’s economy. ( read original story ...)
Jack Ma Says Ant Group’s IPO To Be ‘The Largest In Human History’
Ant Group’s dual initial public offering listings in Shanghai and Hong Kong will be the world’s largest, Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma ... ( read original story ...)
More Use Cases Outside of Finance Will Make Crypto Industry “Really Take Off,” OKCoin CEO Says
More use Cases outside of finance will make the crypto industry "really take off," according to Hong Fang, CEO at OKCoin. ( read original story ...)
OCBC Cycle: Heart attack survivor aims to complete 42km after cycling ‘saved’ him
Jason Tay won't push himself too hard but will do distance over 2 sessions at Sportive Virtual Ride.. Read more at straitstimes.com. ( read original story ...)
Billionaire James Dyson just sold his Singapore penthouse at a massive loss a year after his company scrapped plans to design an electric vehicle in the city
Billionaire James Dyson just sold his Singapore penthouse at a massive loss a year after his company scrapped plans to design an electric vehicle in the city James Dyson, billionaire inventor of the ... ( read original story ...)
6 Money-Saving Tips for an Expat Arriving in Singapore
No matter how financially stable you are, arriving in Singapore as an expat is likely to hurt you so much, especially if you are not prepared. ( read original story ...)
Indonesia closer to setting up first sovereign wealth fund, talks held with countries including Singapore
Singapore's GIC, and the US International Development Finance Corporation. "The idea is for Indonesia to create a special purpose entity that is invested by the would-be formed Indonesia Investment ... ( read original story ...)
The Future Of Work Now: AI-Driven Transaction Surveillance At DBS Bank
DBS Bank in Singapore is effectively using AI and other tools to increase the productivity and effectiveness of anti-money laundering and fraud prevention. ( read original story ...)
Singapore IPO of Nanofilm heavily oversubscribed -sources
The bookbuild of Singapore's Nanofilm Technologies International's up to S$510 million ($375 million) initial public offering (IPO) has been subscribed about 19 times, two sources with knowledge of ... ( read original story ...)
Singapore’s Nanofilm IPO hugely oversubscribed
The bookbuild portion of Singapore's Nanofilm Technologies International's up to S$510 million ($375 million) initial public offering (IPO) has been subscribed about 19 times, two sources with ... ( read original story ...)