Unemployment rates inched up from a six-year low while retrenchments rose to 1,600 from the previous quarter’s all-time low of 830. ( read original story ...)
Inflation in Singapore to stay high next year even as economic growth slows: MAS
Singapore is headed for a difficult year in which economic growth will slow while inflation will remain high, partly because wage increases are expected to continue. ( read original story ...)
Inflation in Singapore will stay high next year even as pace of economic growth slows: MAS
No imminent threat of a recession here but the outlook depends on trajectory of other advanced economies, MAS warns. Read more at straitstimes.com. ( read original story ...)
Credit Suisse to cut 9,000 jobs, some in Singapore, after posting $5.7b Q3 loss
The bank intends to raise capital worth 4 billion Swiss francs through the issuance of new shares to qualified investors. Read more at straitstimes.com. ( read original story ...)
Below-trend growth for Singapore economy in 2023 amid deteriorating global outlook: MAS
Inflation-growth dynamics of the global economy have turned less favourable in the past few months, says the macroeconomic review. ( read original story ...)
Singapore Economy Likely to Grow at Below-Trend Pace in 2023, MAS Says
Singapore's economic growth in 2023 is likely to be at a below-trend pace amid weaker external demand, the Monetary Authority ... ( read original story ...)
At 305m high, super penthouse on 8 Shenton Way will be the tallest residence in Singapore
It is set to dethrone Wallich Residence in the 283.7m Guoco Tower as the highest here. Read more at straitstimes.com. ( read original story ...)
Singapore Mulls Tighter Restrictions on Crypto Trading
The Monetary Authority of Singapore says that trading cryptocurrencies is “highly risky and not suitable for the general public.” ... ( read original story ...)
Singapore says crypto ban not feasible, proposes risk mitigation measures
Monetary Authority of Singapore the Singaporean central bank has published papers proposing regulatory measures to reduce the risk of consumer harm from tradin ... ( read original story ...)
Hong Kong-based professional services firms ramp up in Singapore as they eye lucrative Southeast Asian market
Professional services companies are expanding their presence in Singapore as they seek to gain a bigger share of the growing Southeast Asian market, with some eyeing the medical tourism sector. Hong ... ( read original story ...)
Singapore seeks to boost regional electricity imports by 2035
Singapore will import more electricity from the region and is on track to reach its import targets of up to 4 gigawatts (GW) of electricity by 2035, a minister said on Wednesday. ( read original story ...)
Low-carbon hydrogen to fuel Singapore’s energy needs
Delivering the Singapore Energy Lecture at the start of the Singapore International Energy Week, Deputy Prime Minister Lawrence Wong said that low-carbon hydrogen is being seen as an increasingly ... ( read original story ...)
Flush with cash, Singapore Airlines to spend $2.7 billion redeeming convertible bond
Singapore Airlines planes sit on the tarmac at Changi Airport in Singapore November 16, 2021. REUTERS/Caroline Chia/Files ... ( read original story ...)
New deal paves way for clean energy exports to Singapore
Cambodia and Singapore are slated to set up a joint technical working group “soon” to look into the work and procedures involved in a proposed transmission line that will carry clean energy by ... ( read original story ...)
Low-carbon hydrogen could supply Singapore’s energy needs by 2050
Low-carbon hydrogen is regarded as an increasingly promising solution to fight climate change and boost energy security. Read more at straitstimes.com. ( read original story ...)
Taiwan celeb shares ‘unpleasant experience’ at Singapore airport over GST payment for bag
SINGAPORE: The Singapore Customs on Tuesday (Oct 25) said it assesses "the specifics of each case", in response to a Taiwanese celebrity's claims that he was stopped at Changi Airport and asked to pay ... ( read original story ...)