Median forecasts favour a dip of 0.4% but risks seem tilted to the downside with Goldman Sachs warning of a sharp pullback in spending following the collapse of SVB. Analysts at NatWest Markets are ...
Singapore, No. 1 in the world for best business environment, 15 consecutive years!
SINGAPORE: The Economist Intelligence Unit (EIU) reported that Singapore has retained “its position as the world’s best business environment for fifteen consecutive years” in a report on Thursday (Apr ...
Daily Cuts – S1E267: Collaboration, not competition, to boost Singapore’s construction recovery
As Singapore's construction sector bounces back, a consultant says partnerships among key industry players can do more to ensure a smooth and strong recovery in the face of uncertainties like high inflation and rising interest rates.
Fintech Airwallex Survey Reveals Majority of Singapore SMEs are Anticipating a Potential Recession
Singapore businesses have a "cautious" economic outlook, as new data from global fintech Airwallex reveals SMEs expect a recession.
‘Thanks anyway’: Singapore’s DPM Lawrence Wong puzzled by TikTokker’s ‘Daddy’ remark
Wong and Singapore's other leaders such as Health Minister Ong Ye Kung have a sizeable presence on TikTok, with some of their quirky posts going viral 'Daddy' in recent years has had dual uses in ...
Singapore: Former oil tycoon O.K. Lim as he stands trial for cheating, instigating forgery; pleads not guilty
Singapore prosecutors on Tuesday opened the criminal trial of insolvent Hin Leong founder Lim Oon Kuin, better known as O.K. Lim, who faces a total of 130 charges involving US$2.7 billion (S$3.6 ...
Hong Kong urged to look at Singapore, Macau methods for housing migrant workers and reuse of quarantine centres
About a third of Singapore’s workforce are migrant workers – including 270,000 domestic workers. A further 415,000 overseas employees work in the construction and manufacturing sectors. “If we want to ...
GLOBAL MARKETS-Asia shares gain as Singapore stops tightening, euro climbs
Japan's Nikkei added 1.1% and Singapore stocks 0.4%. Chinese blue chips firmed 0.4%, with the economic outlook brightened by a surprisingly upbeat trade performance. "The stronger-than-expected March ...
Singapore’s central bank maintains policy settings as growth slows
The Monetary Authority of Singapore kept policy settings untouched after GDP growth missed expectations Singapore’s economy slowed in the first three months of 2023, contracting by 0.7% from the ...
Singapore’s Central Bank Unexpectedly Keeps Monetary Policy Unchanged — Update
Singapore's central bank unexpectedly kept its monetary policy stance unchanged, citing cooling core inflation and the ...
Counsellor suggests ways to boost halal product exports to Singapore
The dynamism and experience of a producing country will be advantages for Vietnamese businesses when joining the global halal market, to which Singapore is the nearest gateway, said Vietnamese Trade ...
CytoMed, cancer drug developer, sees stock fall 10% after $10M IPO
CytoMed Therapeutics (GDTC) stock fell 10% following the Asian biotech group's $10M initial public offering, which was priced at the lower end of its range. Read more here.
AI Singapore, Temus join hands to accelerate AI adoption amongst local firms
We aim to help organisations innovate and transform with AI technology and solutions, which will, in turn, unlock economic and societal value for Singapore and beyond," KY Yeoh, Temus CEO, said.
MAS has not asked banks to ‘keep quiet’ about origins of wealth inflows into Singapore: Private banking group
has not instructed banks to "keep quiet" about the origins of wealth inflows into Singapore, the Private Banking Industry Group (PBIG) said on Friday (April 14). The industry group's statement was ...
Citigroup profit beats estimates on higher interest income from loans
A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Segar ...
Singapore misses GDP expectations in Q1, economy shrinks 0.7%
Singapore’s gross domestic product declined 0.7% on a quarter-over-quarter seasonally adjusted basis in the first quarter, the Ministry of Trade and Industry said in Friday’s preliminary reading.That ...