SINGAPORE - Singapore's manufacturing output dropped for ... by 24.9 per cent in the first 10 months of 2020 compared with the same period last year. Electronics output declined 0.6 per cent year on ... ( read original story ...)
Singapore Oct manufacturing unexpectedly falls 0.9% y/y, misses f’cast
Singapore's industrial output unexpectedly declined 0.9% year-on-year in October, missing economists' forecasts, hurt by a plunge in transport engineering, official data showed on Thursday. SINGAPORE, ... ( read original story ...)
In Singapore, Bargains for Luxury Homes Are Few and Far Between
The priciest condos have been slower to sell, but overall, the high-end market rebounded quickly after the coronavirus outbreak. ( read original story ...)
Singapore among world’s most competitive, pro-business economies, public sector report shows
SINGAPORE: Even amid the COVID-19 pandemic, the Economic Development Board (EDB) managed to secure S$13 billion worth of fixed asset investment ... ( read original story ...)
The Elon Musk of Singapore looks to engineer the next deep tech unicorn
Covid-19 disrupted supply chains, but this didn’t stop Hope Technik from developing a highly accurate temperature assessment system in record time. ( read original story ...)
Singapore pushes digital banks in face of tightening security
Singapore’s financial regulator will stick with its plans to award digital banking licences by the end of the year, undeterred by tightening scrutiny in China and the United States that’s hitting ... ( read original story ...)
Lakshmi Vilas Bank To Become DBS Bank India From Friday, Withdrawal Cap Removed
The Union Cabinet approved merger of Lakshmi Vilas Bank with DBS Bank India and removed restrictions on withdrawal of deposits. ( read original story ...)
No cap on withdrawal after Lakshmi Vilas Bank’s merger with DBS Bank, says centre
With this, there will no further restrictions on the depositors regarding the withdrawal of their deposits,' Union minister Prakash Javadekar said ... ( read original story ...)
Singapore imports shrimp from Saudi Arabia in a first
Singapore has begun importing frozen shrimp from Saudi Arabia, the first time it is doing so from the Middle Eastern kingdom, as part of efforts to diversify its supply chains to safeguard food ... ( read original story ...)
Singapore starts importing frozen shrimps from Saudi Arabia
Singapore has begun importing frozen shrimps from Saudi Arabia, the first time it is doing so from the Middle Eastern kingdom, as part of efforts to diversify its supply chains to safeguard food ... ( read original story ...)
Singapore Trounces Hong Kong in ULI Poll of APAC Real Estate Investors
Singapore topped the list of Asia Pacific cities ranked by their property investment prospects by in a survey the Urban Land Institute (ULI). ( read original story ...)
Singapore pushes digital banks in face of China, US crackdown
Singapore’s financial regulator will stick with its plans to award digital banking licences by the end of the year, undeterred by tightening scrutiny in China and the US that’s hitting major Chinese ... ( read original story ...)
India approves merger of Lakshmi Vilas Bank to Singapore’s DBS
The Indian government has approved the merger of crisis-hit Lakshmi Vilas Bank into the Indian unit of Southeast Asia's largest lender DBS. ( read original story ...)
Lakshmi Vilas Bank merger with DBS Bank approved by Cabinet
In a major development for the beleaguered Lakshmi Vilas Bank (LVB), its merger with the Singapore-based DBS Bank has received an approval from the Cabinet. The issue came up for discussion before the ... ( read original story ...)
LVB to become DBS Bank India from Nov 27; ₹25,000 withdrawal restriction to go
Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on November 27, leading to removal of all restrictions, including withdrawal cap of ₹25,000, which the ... ( read original story ...)
Lakshmi Vilas Bank merger with DBS Bank: What it means for customers
On 17 November, the Reserve Bank of India had unveiled a draft scheme to amalgamate private sector lender Lakshmi Vilas Bank with DBS Bank India ... ( read original story ...)