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Posted on 11/08/2022

Singapore cuts GDP forecast as economy contracts in second quarter amid global volatility

Singapore trimmed its 2022 growth forecast to reflect an increasingly challenging global environment, after the economy slipped into contraction in the second quarter. Final data for the June quarter ... ( read original story ...)

Posted on 11/08/2022

New Grab HQ in Singapore will house merchant centre to help small firms grow online

SINGAPORE - Super app Grab officially opened its new nine-storey headquarters on Thursday (Aug 11), as the company celebrated its 10th anniversary. The 42,000 square metre office space at One-North ... ( read original story ...)

Posted on 11/08/2022

‘We don’t always get it right’: Grab Singapore’s managing director on meeting consumer expectations

Ahead of Grab's 10th anniversary, Yee Wee Tang spoke to CNA in an exclusive interview about the company’s plans for Singapore, how he sees high expectations from users, and why he stands by the ... ( read original story ...)

Posted on 11/08/2022

Singapore life insurance contracts by 1.9% YoY in H1 2022

New business premiums hit $2.63b. Singapore’s life insurance industry contracted by 1.9% year-on-year (YoY) in terms of new business premiums to $2.63b in the first half of the year, according to the ... ( read original story ...)

Posted on 11/08/2022

Grab launches GrabScholar and GrabMerchant Center, officially opens Grab HQ @ Singapore

Meanwhile, GrabMerchantCentre will be established to provide 1-on-1 business consultation services for its small and medium enterprises (SME) merchant-partners. Located at Grab HQ @ Singapore, the ... ( read original story ...)

Posted on 11/08/2022

Singapore’s ProfilePrint to use AI to grade Asia food ingredients

The investment by the U.S. company is an extension of an "eight-figure" Series A round that ProfilePrint closed early this year, which included investments from Singapore commodity trader Olam ... ( read original story ...)

Posted on 11/08/2022

Cargill invests in Singapore start-up ProfilePrint whose AI tech grades food ingredients quickly and cheaply

ProfilePrint's platform provides a 'digital fingerprint' that shows the quality and profile of food ingredients, such as coffee beans, cocoa and rice, in a matter of seconds Cargill has completed ... ( read original story ...)

Posted on 11/08/2022

Singapore trims 2022 growth forecast on strong global headwinds

Singapore on Thursday narrowed its economic growth forecast this year after the economy contracted in the second quarter compared to the previous three months due to rising inflation and tighter ... ( read original story ...)

Posted on 11/08/2022

In Singapore, Indian-origin supervisor’s prison sentence increased to show culpability in worker’s death: Report

An Indian-origin supervisor, who allowed an untrained worker to operate a forklift, which resulted in the death of another worker, had his prison sentence increased by four months following an appeal ... ( read original story ...)

Posted on 11/08/2022

Singapore cuts GDP growth forecast as global outlook worsens

SINGAPORE: Singapore on Thursday revised its second-quarter growth rate downward to 4.4%, from the preliminary 4.8%, citing a deteriorating global economic environment. Amid concerns over persistent ... ( read original story ...)

Posted on 11/08/2022

Singapore downgrades growth outlook as Q2 GDP misses forecasts

Singapore’s economy expanded less than initially estimated in the second quarter and the government downgraded its growth projections for 2022, flagging risks to the global outlook from the Ukraine ... ( read original story ...)

Posted on 11/08/2022

Singapore’s economy expands 4.4pc in Q2 2022

Singapore’s economy grew by 4.4 per cent year-on-year (y-o-y) in the second quarter of 2022 (Q2 2022), faster than the 3.8 per cent growth recorded in ... ( read original story ...)

Posted on 11/08/2022

Singapore adjusts upward 2022 trade growth forecasts

Enterprise Singapore announced on Thursday in the Review of Second Quarter 2022 Trade Performance that it adjusted the 2022 growth projection upward further to 15-16 per cent for Singapore's total ... ( read original story ...)

Posted on 11/08/2022

Grab launches US$1 million annual scholarship, bursary programme at opening of Singapore headquarters

Besides the GrabScholar programme, the company also announced another initiative - GrabMerchant Centre - to expand its support for merchant-partners. ( read original story ...)

Posted on 11/08/2022

Stock Market Live Updates: SGX Nifty signals a gap-up start

Nifty futures on the Singapore Exchange traded 194.5 points, or 1.11 per cent, higher at 17,741, signaling that Dalal Street was headed for a positive start on Thursday. Nifty50 on Wednesday ended ... ( read original story ...)

Posted on 11/08/2022

Stock Market LIVE Updates: Sensex and Nifty likely to make a gap-up start today as ebbing inflation fears lift global markets

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to start Thursday's session sharply higher tracking strength across global markets, after a better-than-expected inflation reading from ... ( read original story ...)

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