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Posted on 26/05/2023

Singapore stocks flat as lacklustre manufacturing output hurts sentiment; STI down 0.01%

THE Straits Times Index (STI) edged down 0.01 per cent or 0.33 points to 3,207.39 on Friday (May 26). Read more at The Business Times.

Posted on 26/05/2023

Singapore’s Covid Deaths Surged in April Even as Infections Fall

Deaths from Covid-19 in Singapore surged last month amid the current wave of infections. The city-state reported 54 deaths in April alone, nearly double of the total number recorded in the first ...

Posted on 26/05/2023

Singapore’s Covid-19 deaths surged in April despite drop in cases

The city state reported 54 deaths last month, nearly double of the total number recorded in the first quarter.

Posted on 26/05/2023

National Museum Of Singapore Has A Free Travel Exhibition With T2’s Iconic Flipboard & Nostalgic Photo Ops

See the travel scene in Singapore in the 1800s-2000s period through the Now Boarding exhibition at National Museum of Singapore.

Posted on 26/05/2023

Singapore services receipts growth eases to 7.9% in Q1

BUSINESS receipts in Singapore’s services industry grew 7.9 per cent year on year in the first quarter, down from 10.9 per cent in Q4, as revenue growth continued to ease, data from the Department of ...

Posted on 26/05/2023

Singapore stocks open higher on Friday; STI up 0.1%

SINGAPORE shares opened higher on Friday (May 26) following strong overnight gains on Wall Street.  Read more at The Business Times.

Posted on 25/05/2023

Singapore focuses ICT spend on cloud applications

More than SG$1 billion ($742.6 million) is up for grabs as the Singapore government earmarks 30% of its ICT budget for applications that will run on its commercial cloud infrastructure.

Posted on 25/05/2023

Singapore Dollar at Record High Versus Ringgit on China Worries

The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering more from weakening confidence in China’s economic recovery.

Posted on 25/05/2023

Singapore’s AI-Based Marketing Unicorn Raises $105 Million To Finance M&A

Insider, an AI-powered marketing platform, said it has raised another $105 million from Qatar Investment Authority (QIA) and Istanbul-based buyout firm Esas Private Equity. The company said its latest funding round gives it a valuation of almost $2 billion.

Posted on 25/05/2023

Singapore Says Aspects of US-China Rift ‘Appear Insurmountable’

The widening rift between the world’s two biggest economies, the US and China, now looks in some regards to be irreconcilable, according to Singapore Deputy Prime Minister Lawrence Wong. The geopolitical situation has become more dangerous amid tensions ...

Posted on 25/05/2023

Lung X-ray image doctored to add cockroach in hoax posts about ‘Singapore medical blunder’

A doctored X-ray image has been repeatedly shared by Facebook users in Myanmar alongside the claim a patient was told they had inhaled a live cockroach but was informed by a doctor in Singapore that it was actually inside the X-ray machine in their home country.

Posted on 25/05/2023

UPDATE 2-Singapore’s Q1 GDP contraction raises recession risk; China revival key

Maybank economist Chua Hak Bin said a technical recession, defined as two consecutive quarters of contractions, is possible if the boost from China’s reopening fails to materialize in the second ...

Posted on 25/05/2023

Singapore Sees Travel Boom Shielding Economy From Recession

(Bloomberg) -- Singapore is confident that a rebound in travel that’s boosting the services sector will help the island’s economy avoid a recession this year despite a darkening global outlook. Most ...

Posted on 25/05/2023

Singapore’s Economy Slowed in First Quarter

Singapore’s economy grew at a slower pace in the first quarter of 2023, owing to faster contraction in goods-producing industries and slower growth in services-producing industries.

Posted on 24/05/2023

Singapore PM orders probe into ministers’ homes amid public anger

Singapore Prime Minister Lee Hsien Loong has ordered an investigation into the circumstances around the rental of state-owned homes in an exclusive location to two cabinet ministers following ...

Posted on 24/05/2023

Soon-to-be homeless expat begs TikTok for a home in Singapore after rental lease gets cut short

The rising rental rates in Singapore affect just about everyone, from young Singaporeans looking to move out to expats who have been living in the city-state for a long time.

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