Prime Minister Datuk Seri Anwar Ibrahim received a courtesy call from Singapore's Foreign Minister Dr Vivian Balakrishnan this afternoon. Through a post on his official Facebook page today, Anwar said that in the meeting he and Balakrishnan exchanged views on various bilateral and regional issues of mutual interest.
Singapore Dollar Is New Short as Asian Haven Falls From Favor
Some of the biggest global banks are going short the Singapore dollar, saying the improving regional outlook is damping demand for its haven qualities.
Singapore expects tourist total to double
Singapore expects tourist numbers to double from last year to reach 12-14 million in 2023, helped by China’s decision to drop Covid travel restrictions, along with an increase in flight connectivity and capacity.
More than 500 Team Singapore athletes selected for the 32nd SEA Games
Joseph Schooling, Amanda Lim and Teong Tzen Wei, who were caught up in a drug scandal in 2022, are shortlisted. Read more at straitstimes.com.
Singapore dollar is new short as Asian haven falls from favour
Some of the biggest global banks are going short the Singapore dollar, saying the improving regional outlook is damping demand for its haven qualities. Goldman Sachs Group Inc. recommends betting the island’s currency will weaken against the Malaysian ringgit after the Monetary Authority of Singapore signaled it has finished its tightening cycle.
Singapore tourism expected to recover to pre-pandemic levels by 2024
Tourism activity in Singapore is expected to recover to pre-pandemic levels by 2024, barring unexpected circumstances.
Singapore Airlines On Slow But Steady Road To Recovery
While monthly progress is happening at Singapore Airlines, the pace of change seems far too slow now that travel restrictions are largely gone.
Singapore private home sales record lowest monthly volume in 14 years
Only 170 units were sold in December 2022. Singapore developers posted sluggish new private home sales in December, transacting just 170 units (ex. Executive Condos). According to PropNex, this is the lowest monthly home sales tally since January 2009 where 108 units were sold.
Singapore’s higher bankruptcy numbers in 2022 part of natural business cycle: Economist
It is more important to look at the percentage of bankruptcies compared with the number of new businesses formed, says economist Song Seng Wun. Read more at straitstimes.com.
Singapore’s tourism receipts expected to reach 50% of pre-pandemic levels; sector to grow further in 2023
Singapore's tourism receipts, meanwhile, are estimated to reach S$13.8 billion to S$14.3 billion for 2022 - about 50 to 52 per cent of 2019 levels, according to figures released by STB on Tuesday (Jan 17).
Why Singapore residential transactions were lacklustre in Q4 2022
Singaporeans likely went on a ‘holidays before home purchase’ mode. Based on flash estimates by the Urban Redevelopment Authority (URA), prices of non-landed private homes (excluding Executive Condominiums (ECs)) increased by a moderate 0.
Singapore police arrest nine over rioting with deadly weapons, seek info on three more
Nine men have been arrested in relation to a fight in the Bukit Merah district where weapons were allegedly used, with one 43-year-old man due to be ...
Singapore DPM Wong: Consumers must be willing to pay more in order to raise wages, but difficult issue to tackle amid rising living costs
Consumers here must be willing to pay more for certain goods and services in order to raise the wages of those who provide them, Deputy Prime ...
There Are Reasons To Feel Uneasy About Singapore Airlines’ (SGX:C6L) Returns On Capital
Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Put simply, these types of businesses are compounding ...
Mall In Singapore Reuses Mascot By Turning It Into Bunny With 4 Ears For CNY
But one mall in Singapore has come up with a way to minimise wastage. With the upcoming Lunar New Year celebrations, Chinatown Singapore has set up otter mascots dressed in Chinese New Year ensembles.
More energy, manufacturing and logistics firms among fastest growing in Singapore
SINGAPORE - While fintech, e-commerce and IT firms continued to be among the fastest growing in Singapore, several companies in the energy and utilities sector have topped the charts in terms of ...