Singapore total retail sales fell a record 52.1% on a year-on-year basis in May, when the city-state was under a lockdown to prevent the spread of COVID-19 infections, according to data released by ... ( read original story ...)
Banks in Singapore to tighten commodity financing practices after collapse of oil trader Hin Leong
Commodity trade financiers in Singapore are teaming up to improve lending practices and transparency after a spate of defaults.. Read more at straitstimes.com. ( read original story ...)
Singapore’s June factory activity improves but still in contraction
Manufacturing conditions improved for a second month from the depths of the coronavirus-induced recession, but remained within contraction territory.. Read more at straitstimes.com. ( read original story ...)
New international exports funding welcomed by local MP
... a second weekly Cathay Pacific freight flight to Hong Kong as well as a Singapore Airlines flight to Singapore, thanks to a mega export deal for our region under the International Freight ... ( read original story ...)
Singapore data center market size to grow at a CAGR of over 4% during the period 2020?2025
Reportlinker.com announces the release of the report "Singapore Data Center Market - Investment Analysis and Growth Opportunities 2020- ... ( read original story ...)
Singapore’s Movie Theaters, Hotels to Reopen as Curbs Ease
Movie theaters and hotels in Singapore are getting a reprieve as the city-state gradually reopens its economy after a lockdown. ( read original story ...)
Singapore GE2020: Climate change, social inequality, and BTO flat prices tackled in WP’s third e-rally
Addressing climate change would not only make the future more liveable for today's young voters, it would also provide opportunities for job creation and economic growth, said the Workers' Party (WP) ... ( read original story ...)
Singapore’s manufacturing PMI improves but fails to break out of contraction
Manufacturing conditions improved for a second month from the depths of the coronavirus-induced recession, but remained within contraction territory.. Read more at straitstimes.com. ( read original story ...)
After Wirecard Review, Singapore Launches Probe Into Citadelle, Senjo Group
Singapore authorities said they launched an investigation into Citadelle Corporate Services, Senjo Group and its subsidiaries after scrutinising collapsed German payments firm Wirecard's local ... ( read original story ...)
Coronavirus: Status of Standard Chartered Singapore Marathon will be determined by ‘safe management measures’
A decision on whether the Standard Chartered Singapore Marathon (SCSM) will proceed as planned in December "will be guided by the prevailing safe management measures in Singapore", organisers told The ... ( read original story ...)
Singapore should suspend its ‘very regressive’ GST policy till 2021, says opposition party
Singapore Democratic Party (SDP) chairman Paul Tambyah calls on the government to "put more money in the pockets of consumers" given the coronavirus outbreak, such as by suspending the country's "very ... ( read original story ...)
DBS, Schroders launch multi-asset fund for retirement income planning
DBS and Schroder Investment Management Singapore (Schroders Singapore) on Friday (July 3) announced the launch of a multi-asset fund for retirement income planning, named Schroder Asia More+.. Read ... ( read original story ...)
Historic Plunge for Singapore Retail Sales Shows Lockdown Pain
Singapore’s retail sales plunged in May by the most since records began in 1986, signaling the economic hit from lockdown restrictions could be worse than earlier anticipated. ( read original story ...)
Singapore government arm backs laser startup as 5G race heats up
A Singapore government arm has invested in Transcelestial, a local startup developing low-cost networking equipment, as the race for 5G rollout intensifies across Asia. Founded in 2016, Transcelestial ... ( read original story ...)
Exclusive: Banks to tighten lending practices for Singapore commodity sector – sources
Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve transparency in the sector following a spate of defaults at trading firms, four sources with ... ( read original story ...)
Singapore Nascent Stock Rebound Seen Picking Up Pace After Polls
A new mandate to govern Singapore during the pandemic can bode well for the nascent rebound in the nation’s $383 billion stock market. ( read original story ...)