Singapore’s 3Q20 GDP contracted 7.0% y/y (+7.9 q/q sa), according to the advance estimates by MTI. With the latest GDP print, Singapore’s economy fell by 6.9% in the first three quarters of 2020.” ... ( read original story ...)
Developing economies must not succumb to export pessimism
Developing countries have been given new marching orders by western economists: your successful export-led model of growth is dead, please find an alternative. If their counterparts in the developing ... ( read original story ...)
Most Singapore SMEs tapped on government Covid-19 support, more than global counterparts: Xero
Businesses in Singapore were also more likely to base important decisions based on customer feedback (43%) and advice from business associations and communities (43%). A smaller group rely on advice ... ( read original story ...)
Hong Kong and Singapore to set up a ‘travel bubble’ as Covid cases fall
Hong Kong and Singapore plan to open an "air travel bubble" that allows residents to travel between the two Asian hubs without requiring quarantine or restrictive control measures, authorities ... ( read original story ...)
Hong Kong-Singapore Travel Bubble to Reopen Financial Hub Links
Singapore and Hong Kong will open their borders to one another for the first time in almost seven months, exempting people in both cities from compulsory quarantine in an agreement that will reinstate ... ( read original story ...)
Singapore, Hong Kong Unveil Travel Bubble That Scraps Quarantine
(Bloomberg) -- Singapore and Hong Kong will create a travel bubble that exempts people from both cities from quarantine, an agreement that will re-open links between Asia’s two premier financial hubs. ( read original story ...)
September private home sales in Singapore hit two-year high
Private developers sold 1,329 new homes excluding executive condominiums in September, marking the highest monthly sale in more than ... ( read original story ...)
Singapore’s September home sales highest in over two years
SINGAPORE, Oct 15 (Reuters) - Sales of private homes in Singapore rose to their highest in over two years in September, data on Thursday showed, with analysts citing low interest rates and signs the ... ( read original story ...)
Singapore home sales rise to highest in more than two years
The figures show Singapore’s property market is weathering the city’s worst recession after a two-month lockdown to combat the coronavirus. To cushion the economic fallout, the government unleashed ... ( read original story ...)
Hong Kong, Singapore Announce Plans for Travel Bubble
Hong Kong and Singapore will set up a travel bubble, the two cities announced on Thursday, as they moved to re-establish overseas travel links and lift the hurdle of quarantine for visiting foreigners ... ( read original story ...)
Hong Kong, Singapore agree ‘travel bubble’
Hong Kong and Singapore on Thursday said they had agreed "in principle" to set up a bubble allowing residents to travel freely between the two financial hubs as long as they test negative for the ... ( read original story ...)
Hong Kong and Singapore Set to Reveal Travel Bubble, SCMP Reports
Singapore and Hong Kong will reveal they’ve reached a preliminary agreement on a travel bubble that may exempt residents of both cities from quarantining or stay-at-home notices, the South China ... ( read original story ...)
Singapore, Germany sign MOU to speed up SMEs’ industrial and digital transformation
Germany ranks among Singapore’s top trading partners in the European Union. Singapore has signed a memorandum of understanding (MOU) with the Asia-Pacific Committee of German Business (APA) to speed ... ( read original story ...)
Wilmar shares drop over 7% following China IPO
As at 12.52pm, shares in Wilmar were trading 25 cents lower or 5.4% down at $4.41. Shares in Wilmar International dropped over 7% to $4.295 at 10.14am, less than an hour after its 89.88%-owned ... ( read original story ...)
South Korean boy band BTS’s label makes a strong debut in ‘really hot’ IPO market
SINGAPORE — Shares of Big Hit Entertainment ... told CNBC's "Squawk Box Asia" on Thursday. If you look at the overall IPO market, it's really, really hot. "We think that the entertainment industry ... ( read original story ...)
Billionaire Rides Cooking Oil Dominance to Record China IPO
Kuok Khoon Hong pulled off a remarkable second act. The billionaire sold shares of his China business in the biggest ever initial public offering on the Shenzhen Stock Exchange, thanks to the most ... ( read original story ...)