Analysts expect the economy to weaken in the fourth quarter, and for 2023 to see "below trend growth". Read more at straitstimes.com. ( read original story ...)
Hong Kong undaunted by Singapore rivalry as mainland support gives city unique advantage, treasury chief says
Hong Kong remains undaunted by growing competition with Singapore as support from mainland China gives the city a unique advantage and makes it stand out as an international economic hub, a top ... ( read original story ...)
Singapore tightens policy, warns of risks as GDP growth predicted to come in below trend in 2023
Singapore’s central bank tightened monetary policy settings for a fifth time in the past year, warning of persistent price pressures and a clouded outlook for the global and local economy. ( read original story ...)
Bitcoin is unique regardless of price says DBS bank strategist
Bitcoin is unique regardless of what price it is at, says an investment expert at DBS, the biggest bank in Southeast Asia. ( read original story ...)
MAS tightens monetary policy for fifth time in 12 months to dampen ‘persistent’ inflation
The Monetary Authority of Singapore (MAS) has tightened monetary policy for the fifth time since October last year to dampen persistent price pressures, which are expected to last until the first half ... ( read original story ...)
Top Stock Market Highlights of the Week: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy
We see signs that inflation will persist while the world’s largest chipmaker adjusts its capital spending downwards. The post Top Stock Market Highlights of the Week: TSMC Cuts Spending, US Inflation ... ( read original story ...)
Singapore Finance Ministry: Govt support measures to ‘fully shield’ bottom 40pc of households from expected inflation in 2022
Support measures by the government this year, including public transport vouchers and support packages from the Budget, are expected to “fully ... ( read original story ...)
Singapore tightens monetary policy for 4th time so far in 2022
SINGAPORE, Oct. 15 (Xinhua ... The Global Economics and Markets Research team of UOB (United Overseas Bank) said in a report that the majority of market consensus had expected a further rise in the ... ( read original story ...)
CLSA lifts all three TPs of Singapore banks on higher-than-expected NIMs
The banking sector is also the only sector in the market to benefit from the rising rates, note the analysts at CLSA. ( read original story ...)
Singapore’s services sector will have to do the ‘heavy lifting’ from here, says OCBC Bank
Selena Ling of the bank says Singapore's services sector has "a bit of wind under our wings." Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)
Stock Market Highlights: Sensex ends 684 pts higher and Nifty50 above 17,100 led by financial and IT shares
Indian equity benchmarks BSE Sensex and NSE Nifty50 rose sharply on Friday, building on initial gains, amid strength across global markets as investors digested a worse-than-expected US inflation ... ( read original story ...)
Singapore’s central bank tightens policy for fourth time this year
The Monetary Authority of Singapore tightened monetary policy for the fourth time this year, as inflation neared a 14-year-high. The MAS said it would re-centre the mid-point of the policy band of its ... ( read original story ...)
Singapore’s private banking industry sets green standards, upskills workforce
SINGAPORE - A set of guidelines released on Friday outlines how private banks can integrate sustainability practices into their business models. Read more at straitstimes.com. ( read original story ...)
Singapore Announces S$1.5 Billion Support Package for All Singaporean Households
Singapore's Finance Ministry on Friday announced a S$1.5 billion support package for all Singaporean households amid rising inflation. The package will provide support for lower- to middle-income ... ( read original story ...)
Singapore announces $1.05bln support package for all Singaporean households
The package includes cash, vouchers and public transport subsidies mainly for lower to middle-income citizens, according to a statement from the Ministry of Finance ... ( read original story ...)
DBS and Maybank maintain ‘buy’ calls for ESR-LOGOS REIT with unchanged TPs
Analysts from DBS and Maybank have maintained their “buy” call for ESR LOGOS REIT (ELOG) with unchanged target prices (TPs) of 50 cents and 55 cents respectively. In their report dated Oct 14, DBS ... ( read original story ...)