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Tag: business

Posted on 31/10/2023

Singapore manufacturing, services business outlook slightly more optimistic for next 6 months

Find out more about subscription packages here. SINGAPORE’S manufacturers and services firms are slightly more positive about business conditions in the next six months, separate quarterly surveys ...

Posted on 31/10/2023

Singapore’s luxury property market grinds to a halt amid massive money laundering probe

Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money-laundering scandals weighs on the market.

Posted on 31/10/2023

Singapore’s $110,000-a-Month Mansion Market Grinds to Halt

Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.Most Read from BloombergIsrael Latest: Netanyahu Vows to Stay On; ...

Posted on 31/10/2023

Is Singapore rushing to stay ahead in digital asset hub race with spate of new licences?

prompting observations from some in the industry that Singapore is moving to stay ahead of the competition in the crypto hub race. Market players noted that the full licences and in-principle ...

Posted on 31/10/2023

Is Singapore on the path towards stronger IP annual growth?

In September, manufacturing output grew 10.7% MoM. With improving global trade winds and a gradual recovery in China-centric numbers, an expert believes Singapore's manufacturing momentum will ...

Posted on 31/10/2023

Singapore retail rental and price indices rise for second consecutive quarter in Q3

Retail rental and price indices grew 0.5% and 0.6% in Q3, respectively. The recent URA statistics showed the Singapore retail property market recovery continues to gain traction. URA’s islandwide ...

Posted on 31/10/2023

Singapore office rental index jumps 4.9% in Q3

Rents have now grown by 12.8% in the first nine months of the year. Singapore’s office rental index increased by another 4.9% q-o-q in Q3 2023, following the 2.3% q-o-q growth in Q2 2023. According to ...

Posted on 30/10/2023

Singapore MAS Announces Collaboration With Japan, UK On Crypto Policies, Accounting Decisions

The island country shared details about Project Guardian, which saw the MAS partner with numerous financial institutions to launch pilots on "asset tokenization in fixed income, foreign exchange, and ...

Posted on 30/10/2023

Singapore plans joint crypto pilots with Japan, Switzerland and UK

The Monetary Authority of Singapore, the country’s central bank and financial regulator, is planning to start crypto-related cooperation with Japan, Switzerland and the United Kingdom.

Posted on 30/10/2023

Malaysia, Singapore in agreement to improve business development fund financing

PETALING JAYA: Malaysia and Singapore had signed a “side letter” to improve the provisions of the Malaysia-Singapore Business Development Fund (MSBDF) agreement for third countries.

Posted on 30/10/2023

Singapore, Malaysia to deepen business links following PM Lee and Anwar’s annual retreat

SINGAPORE and Malaysia have agreed to deepen business collaborations at an annual retreat between leaders of the two countries, who highlighted the need to strengthen ties amid global uncertainty. Read more at The Business Times.

Posted on 30/10/2023

Second Chance Properties records $10.4 mil profit in 2HFY2023 on the back of growing securities business

Second Chance’s securities business witnessed significant increase in revenue, up 35.3% to $18.29 in FY2023. This was primarily attributed to a higher level of dividends received from quoted securities as the company expanded its investments in these securities.

Posted on 30/10/2023

Johor-Singapore Special Economic Zone MOU to be signed in January

SINGAPORE and Malaysia aim to sign a memorandum of understanding (MOU) for the Johor-Singapore Special Economic Zone (SEZ) next January, leaders of both countries said at an annual retreat on Monday.

Posted on 30/10/2023

Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million

Strides announces sale of manufacturing facility in Singapore for a consideration of $15 million: Our Bureau, Bengaluru Monday, October 30, 2023, 16:10 Hrs [IST] Strides Pharma Sc

Posted on 30/10/2023

Singapore’s economic growth to pick up pace in 2024, inflation to ease after GST-driven rise: MAS

The economy should benefit as the global tech industry slowly recovers and global interest rates level off. Read more at straitstimes.com.

Posted on 30/10/2023

Inflation in Singapore has eased but MAS ‘not declaring victory yet’: Central bank chief

In an interview with CNA, outgoing MAS chief Ravi Menon also explains why he does not foresee a global recession in 2024.

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