Firms in the services sector stayed positive as global travel resumed and Covid-19 curbs lifted. Read more at straitstimes.com. ( read original story ...)
Credit Suisse Woes Spread to Singapore With $800 Million Trial
Credit Suisse Group AG’s legal battle with billionaire client Bidzina Ivanishvili has spread to Singapore as the Georgian gears up for trial with a unit of the Swiss lender over what he claims are ... ( read original story ...)
Singapore cryptocurrency exchange Zipmex files for bankruptcy protection
Zipmex, a Singapore-based cryptocurrency exchange primarily operating in South-east Asia, filed for bankruptcy protection on Friday, becoming the latest casualty of the downturn in digital assets.The ... ( read original story ...)
MAS: The World Needs to Move Beyond Just Green Finance to Transition Finance
Green finance alone is not enough as the world, and Asia in particular, needs transition finance, according to Ravi Menon, MAS. ( read original story ...)
StanChart announces $500 mln share buyback as first-half profit climbs 19%
Standard Chartered on Friday reported first-half pre-tax profit rose 19%, in line with market expectations, as the emerging markets-focused lender benefited from rising interest rates. ( read original story ...)
Commentary: With US risking recession to fight inflation, how will Singapore be affected?
With recession an increasing risk in the United States and other major economies, slowing growth overseas will affect Singapore’s export-oriented economy, says OCBC’s Selena Ling. ( read original story ...)
Despite resuming operations, Jian Bo Tiong Bahru Shui Kueh says damage done to its business is ‘not small’
SINGAPORE: On any given morning, business is usually brisk at the Jian Bo Tiong Bahru Shui Kueh stall located in Tiong Bahru Market. But thin crowds marked the first day of the popular stall's ... ( read original story ...)
Singapore Manufacturers’ Business Sentiment for July-December Turns Negative
Business sentiment among Singapore's manufacturers for the July-December period has turned negative amid ongoing ... ( read original story ...)
Business sentiment in Singapore’s manufacturing sector turns negative: surveys
The Business Expectations of the Manufacturing Sector survey released by the Economic Development Board (EDB) showed that a weighted 12 percent of manufacturers are upbeat about business conditions in ... ( read original story ...)
Singapore central bank’s new guidelines for ESG funds are a welcome step: Asset management firm
Munib Madni of Panarchy Partners discusses the areas in which the Monetary Authority of Singapore is "slightly ahead of some of its regional peers." ... ( read original story ...)
MarcumBP expands to Southeast Asia with new Singapore office
With its strong base of experience auditing Chinese issuers listed in the United States market, MBP has expanded its client roster to include Indonesia, Singapore, Malaysia and other Southeast Asia ... ( read original story ...)
Singapore Airlines Posts Record First Quarter Profit
Singapore Airlines and Scoot have produced a record first-quarter profit as they take full advantage of borders reopening in most of Asia. ( read original story ...)
Singapore govt withdraws its invitation to Delhi CM Kejriwal
The Singaporean government has withdrawn its invitation to Delhi chief minister Arvind Kejriwal to attend the World Cities Summit 2022.In a statement, the Singapore government said it is unable to ... ( read original story ...)
Total employment in Singapore grows, with foreign workers returning after borders reopen
SINGAPORE: Total employment in the second quarter of 2022 rose, mainly due to an increase in foreign labour, as Singapore relaxed border restrictions from April, according to advance estimates from ... ( read original story ...)
Arvind Kejriwal’s Singapore visit cancelled, AAP blames Centre
After days of tug-of-war between the Delhi Chief Minister Arvind Kejriwal and the Centre over clearance for his Singapore visit, the AAP's national convenor will finally not be going. The Delhi ... ( read original story ...)
Crypto platform Zipmex files for bankruptcy protection in Singapore
Southeast Asia-focused cryptocurrency exchange Zipmex said it had filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies. ... ( read original story ...)