This is down from the previous forecast range of 0.5 to 2.5 per cent, as the Ministry of Trade and Industry said it sees a “weak” external demand outlook for the rest of the year.
Singapore downgrades 2023 export forecasts on worse-than-expected performance
SINGAPORE has narrowed its 2023 full-year forecast for non-oil domestic exports (NODX) and lowered its total merchandise trade projection on a worse-than-expected performance so far this year, led by ...
Singapore GDP Climbs 0.1% On Quarter In Q2
Singapore's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the second quarter of 2023, the Ministry ...
Genting Singapore first-half profit more than triples on improved visitor arrivals
The company posted a net profit of $276.7 million for the six months ended June 30. Read more at straitstimes.com.
Putin approves suspension of tax treaties with ‘unfriendly’ countries – RIA
Russian President Vladimir Putin chairs a meeting with members of the Security Council via video link at the Kremlin in Moscow, Russia August 4, 2023. Sputnik/Alexander Kazakov/Kremlin via REUTERS/Fil ...
Singapore solar company plans major US manufacturing plant in New Mexico, pending federal loan
Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Energy ...
Singapore issues arrest notice to billionaire in anti-graft probe involving country’s transport minister
Singapore's anti-graft agency issued an arrest ... "continues to be a strong focal point for tourists, global events and business meetings. We have decided to continue hosting the F1 race for ...
Crypto investors sue Asian venture capital firms for ‘aiding and abetting’ FTX, naming Temasek, SoftBank and Sino Global
Temasek, SoftBank and Sino Global were named along with nine other VC firms in a class-action lawsuit alleging they should have known about issues at FTX before it collapsed.
Blockchain.com Obtains Major Payment Institution License from Monetary Authority of Singapore
Blockchain.com announced it has been granted a major payment institution (MPI) license from the Monetary Authority of Singapore.
Singaporean man fined RM51,000 for illegally importing more than 180kg of food products from China
A Singaporean man was fined $15,000 (RM51,000) on Thursday for illegally importing more than 180kg of meat and seafood products from China, according to a joint statement by the Singapore Food Agency ...
Singapore’s middle distillates stocks steady; imports rise
Singapore's middle distillates stockpiles were little changed as an uptick in weekly imports for both gasoil and jet fuel/kerosene capped drawdowns, official data showed on Thursday.
Genting Singapore H1 profit more than trebles on improved visitor arrivals
GENTING Singapore posted a net profit of S$276.7 million for the six months ended Jun 30, 2023, more than three times the S$84.4 million in earnings in the same period a year ago. Read more at The ...
Man fined $15,000 for illegally importing more than 180kg of food products from China
SINGAPORE - A Singaporean man was fined $15,000 on Thursday for illegally importing more than 180kg of meat and seafood products from China, according to a joint statement by the Singapore Food Agency ...
Singapore fuel oil inventories drop to three-week lows
Residual fuel oil stocks at key trading hub Singapore retreated to three-week lows, official data showed on Thursday, amid a strongly backwardated market and high storage financing costs. Onshore fuel ...
Singapore stocks rise on Thursday amid mixed regional trading; STI up 0.3%
Local stocks inched higher on Thursday amid mixed trading in the region and a nervy session on Wall Street overnight ahead of upcoming inflation figures. Read more at straitstimes.com.
Millions of crypto investors’ wallets at risk of attacks due to security flaws, says study
Dubbed BitForge, it had impacted popular wallet providers like Coinbase WaaS and Binance. Read more at straitstimes.com.