The Monetary Authority of Singapore has announced its plan to test the utility of digital money in Singapore, unveiling its pilot program for a live wholesale CBDC based on the Singapore dollar.
Standard Chartered’s Winters on Macro Risks
Bill Winters, Group Chief Executive at Standard Chartered, discusses the geopolitical and macro environment challenges he sees for the bank. He speaks exclusively with Haslinda Amin on the sidelines ...
Singapore startups struggle to find fintech talent amid competition with Abu Dhabi, Hong Kong
Singaporean voters have sent a consistently strong message that they would like fewer foreigners in their midst. Strict controls on overseas-worker visas since then have affected all industries, ...
China puts money behind Singapore model in major housing shift
CHINA plans to take a page from Singapore’s social housing model to help end a multi-year property slump that’s hammered the nation’s consumer confidence and weighed on economic growth. Read more at ... ( read original story ...)
Man forgets to take $500 at Yew Tee ATM and returns to find it gone: Police investigating
A man withdrew $500 from an ATM (automated teller machine) but walked away without realising he had left the cash behind. Read more at stomp.straitstimes.com ...
Exclusive: India seeks to restart stalled Adani coal imports probe
Indian investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Court to allow them to collect evidence from Singapore, a step ...
India agency asks court for nod to gather evidence from Singapore in Adani coal probe
The agency suspects many of the group’s coal shipments were first billed at higher prices on paper to its Singapore unit. Read more at straitstimes.com.
Singapore’s Beyond The Vines apologises for ‘insensitive’ comments on Israel-Gaza war
Husband-wife founder duo Daniel Chew and Rebecca Ting said they ‘do not condone the killings of thousands of innocent Palestinians’ after being accused of pro-Israel.
Singapore Shares May Run Out Of Steam On Friday
The Singapore stock market has moved higher in two straight sessions, gathering almost 30 points or 0.9 percent along the way. The ...
S’pore export slump eases again in October, with a less-than-expected 3.4% drop
A low base helped electronic and non-electronic exports to decline less sharply. Read more at straitstimes.com.
Singapore industrial price and rental indices rise for twelfth consecutive quarter
The rental index grew by 2.0%, whilst the price index rose by 1.4% in Q3. According to Colliers, despite tepid industrial indicators, the JTC All Industrial rental index continued its twelfth ...
XREX Singapore Receives MAS Major Payment Institution Licence In-principle Approval
"XREX Group is the world's only digital asset player to which Singaporean and Taiwanese regulators have simultaneously granted approvals for virtual asset services. This is a testament to our ...
Ant Group’s chairman puts his faith in global expansion and pledges to support SMEs in Singapore speech
Ant CEO says the fintech group is doubling down on global expansion and working with partners to support growth in four areas – travel, trade, technology and talent.
Decline in Singapore key exports continues to ease in October, with narrowing 3.4% fall
SINGAPORE’S non-oil domestic exports (NODX) shrank 3.4 per cent year on year in October, continuing to ease from steeper falls in the preceding months, data from Enterprise Singapore (EnterpriseSG) ...
Singapore’s Non-Oil Domestic Exports Decline, But at Slower Pace
By Fabiana Negrin Ochoa Singapore's non-oil domestic exports in October contracted at a slower pace as electronics and non-electronics exports declined ...
Singapore’s NODX declined by 3.4% y-o-y in October mainly due to Taiwan, the US and South Korea
The decline eased from September’s 13.2% contraction as both electronics and non-electronics fell less sharply from a low base.