Thai Beverage has deferred the initial public offering of its brewery unit in Singapore once again, citing "prolonged challenging market conditions" for its decision. Read more at straitstimes.com. ( read original story ...)
Singapore unlikely to slip into technical recession despite Q2 contraction, but economists cautious of possibility
Private-sector economists cautiously agree with the government’s assessment that Singapore will avoid a technical recession this year, while adding ... ( read original story ...)
Singapore narrows GDP forecast after 2Q shrinkage
SINGAPORE: Singapore trimmed its 2022 growth forecast to reflect an increasingly challenging global environment, after the economy slipped into contraction in the second quarter. ( read original story ...)
Former Sri Lanka president Gotabaya Rajapaksa turns up in Thailand after Singapore visa expires
Rajapaksa allowed in on diplomatic passport for ‘temporary’ stay, say Thai authorities ... ( read original story ...)
FirstFT: Ping An doubles down on plan to break up HSBC
Plus, Credit Suisse steps up legal claim against SoftBank and US justice department moves to unseal warrant for search of Trump residence ... ( read original story ...)
Gov’t edges up expected growth for exports, merchandise trade
This is whilst rising oil prices and high global semiconductor demand continue. Enterprise Singapore increased its projection for non-oil domestic exports (NODX) and total merchandise trade in 2022, ... ( read original story ...)
HSBC oversold risks of $35 billion Asia spin-off, investor Ping An thinks – source
By Selena Li, Lawrence White and Anshuman Daga HONG KONG/LONDON (Reuters) – HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance ... ( read original story ...)
Singapore president meets FM
President of the Republic of Singapore Halimah Yacob met Thursday HE Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohamed bin Abdulrahman al-Thani. During the meeting, HE Sheikh ... ( read original story ...)
Singapore Confirms Former Sri Lanka Leader Rajapaksa Has Left
Former Sri Lankan president Gotabaya Rajapaksa has left Singapore on Thursday, the city-state’s Immigration & Checkpoints Authority said in a statement. Rajapaksa had fled to the Southeast Asian ... ( read original story ...)
Ping An doubles down on campaign to break up HSBC
Chinese insurer Ping An, which owns 8.4 per cent of the stock, claims that a spin-off of its Asian business would create between $25 billion and $35 billion (€24.2 billion-€33.8 billion) of additional ... ( read original story ...)
Singapore Thrived by Seeing the World Henry Kissinger’s Way
The fact that Singapore survived and thrived is less a miracle of free market economics than a triumph of selfish geopolitics as Henry Kissinger’s latest book, Leadership: Six S ... ( read original story ...)
Sri Lankan former president leaves Singapore as visa expires
Former Sri Lankan President Gotabaya Rajapaksa, who fled massive protests against his rule, left Singapore headed for Thailand on Thursday after his Singaporean visa expired. The city-state’s ... ( read original story ...)
Sri Lankan ex-president who fled homeland leaves Singapore
Immigration authorities say former Sri Lankan President Gotabaya Rajapaksa, who last month fled anti-government protests in his country, has left Singapore ... ( read original story ...)
Public offer of Singapore’s inaugural green bonds 1.06 times subscribed at $52.9m
All valid applicants who applied for the bonds received allotments either in full or in part. Read more at straitstimes.com. ( read original story ...)
NEFIN Group Enters Singapore with A Goal to Invest SGD$100million In Upcoming 5 Years
Partnering with Tuas Power Supply is the First Step in Materializing the Long-term Commitment into Singapore. There are more strategic partnerships in the pipeline this year. SINGAPORE - Media ... ( read original story ...)
HSBC oversold risks of $35 bln Asia spin-off, investor Ping An thinks – source
HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer’s thinking said, adding the ... ( read original story ...)