The Monetary Authority of Singapore’s decision to leave its policy settings on the Singdollar unchanged for the first time in 18 months spurred local investors to push the market higher on Friday.
Singapore’s crypto lender Amber mulls potential sale of subsidiary in Japan
Crypto lender Amber Group is weighing options for its Japan unit, including a possible sale, and plans to apply for a Hong Kong licence following the city’s pivot towards creating a digital-asset hub.
Singapore still leads the way as the world’s best place to do business
Singapore has retained its position as the world’s leading business environment for the 15th consecutive year and should remain the best place to operate for the next five years, according to a ...
Alert! 4 Singapore REITs with Distribution Yields of 7% and Above
Here are four Singapore REITs with distribution yields of 7% or more ... Also, close to 88% of its borrowings are on fixed rates, thus mitigating a surge in finance costs. CapitaLand India Trust, or ...
Should Singapore adopt the Danish mortgage model?
With increasing mortgage interest rates, many Singapore homeowners locked with unfavourable interest rates or refinancing this year may be in for a rough ride.Furthermore, they do not have many ... ( read original story ...)
Monetary Authority of Singapore asks banks to keep quiet about inflow of wealth from China
Singapore has reportedly asked banks not to discuss the origins of significant sums of money flowing into the city, particularly from wealthy Chinese individuals, according to a report by Financial ...
UOB Kay Hian Sticks to Its Hold Rating for Comfortdelgro (CDGLF)
UOB Kay Hian analyst Llelleythan Tan maintained a Hold rating ... The company was founded on March 29, 2003 and is headquartered in Singapore. Read More on CDGLF: SHARE THIS POST ComfortDelGro ...
Global Economy: Singapore has just sounded an alarm
To this unsettling picture, Singapore added its own warning Friday ... The assessment is decidedly downbeat. “The drag on global investment and manufacturing from tighter financial conditions will ...
Singapore’s real estate investment volume surges 73% QoQ to S$6.07b
The residential sector saw the highest investment growth. Singapore's real estate investment volume grew 73% to S$6.07b quarter over quarter (QoQ), CBRE revealed. Year-on-year, however, the Q1 figure ...
Global markets: Asia stock market up as Singapore joins the pause camp
Global market today: Asian shares firmed on Friday as Singapore became the latest country to pause its policy tightening and markets became more confident the likely next hike in U.S. rates would be ...
Asia shares gain as Singapore stops tightening, euro climbs
Asian shares firmed on Friday as Singapore became the latest country to pause its policy tightening and markets became more confident the likely next hike in U.S. rates would be the last this cycle.The dovish signals helped keep non-yielding gold near one-year highs,
Singapore’s rate pause points to new reality
Singapore’s surprise decision on Friday to keep its monetary policy unchanged leaves one thing unsaid. The central bank at the helm of one of the world’s most open economies pointed to multiple problems,
Singapore’s GDP growth in Q1 lower than expected
The Singaporean economy grew only 0.1% year-on-year in the first quarter of 2023, slowing from 2.1% growth in the previous quarter, according to official estimates released by the Ministry of Trade ...
Regas ship arrives for Hong Kong’s first LNG import terminal
The world's largest floating storage and regasification unit (FSRU) has arrived in Hong Kong to serve the city's first liquefied natural gas (LNG) import terminal, said CLP Power Hong Kong Ltd and ...
Singapore’s central bank warns of dim growth in 2023, but expects inflation to be significantly lower by year end
The Singapore central bank expects that China's rebound will be largely consumption driven and oriented toward its domestic services market.
MAS: Core inflation in Singapore to ease in second half of 2023, to end the year ‘significantly lower’
Core inflation in Singapore will remain elevated in the next few months, but should progressively ease in the second half of this year, and end the ...