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Tag: business

Posted on 21/07/2022

Bangladesh buys 50,000 tonnes of wheat from Singapore’s Agrocorp for $448.38

Bangladesh has accepted the offer of a single bidder for the tender opened on July 5 to import 50,000 tonnes of wheat after it has run out of options to get the cereal at a competitive rate, ... ( read original story ...)

Posted on 21/07/2022

Zip shuts Singapore, scraps business products to get to profit

Buy now, pay later company Zip Co is getting out of overseas markets and scrapping products as it desperately tries to get itself into the black before it runs out of cash. ( read original story ...)

Posted on 20/07/2022

MAS records loss of S$7.4 billion amid rise in Singapore dollar

SINGAPORE: The Monetary Authority of Singapore (MAS) recorded a loss of S$7.4 billion in the last financial year, with lower investment gains on the country’s foreign reserves and as the Singapore ... ( read original story ...)

Posted on 20/07/2022

Gazprom Singapore misses LNG deliveries to Indian customer

Gazprom Singapore has failed to deliver some liquefied natural gas (LNG) cargoes to Indian state firm GAIL Ltd and has said it may not be able to meet supplies under their long-term deal, three ... ( read original story ...)

Posted on 19/07/2022

Singapore growth to moderate further next year, global inflation expected to ease

Singapore's economic growth is expected to moderate further next year, tracking a slowdown in its major trading partners, while global inflation is expected to ease in 2023, the head of the city-state ... ( read original story ...)

Posted on 19/07/2022

Singapore distances itself from troubled crypto firms as it plans tighter regulations

Central bank chief says while Singapore has been at the forefront of licensing and regulatory frameworks, it had focused on money laundering and terrorist-financing risks Better consumer protection ... ( read original story ...)

Posted on 19/07/2022

‘Why so desperate?’: BJP swipes at Kejriwal over Singapore visit request

Delhi BJP leaders including MPs Manoj Tiwari and Parvesh Verma attacked CM Arvind Kejriwal asking him why he was so "desperate" to visit Singapore to participate in a mayors' summit ... ( read original story ...)

Posted on 19/07/2022

Singapore’s economic growth set to moderate further in’23-MAS

Singapore's economic growth is expected to moderate further next year, in line with a slowdown in the city-state's major trading partners, the head of Singapore's central bank said on Tuesday. ( read original story ...)

Posted on 19/07/2022

Chart of the day: Singapore non-oil export growth slows down to 9% in June

Growth was dragged as electronic demand cools. This chart from Enterprise Singapore shows the year-on-year growth of non-oil domestic exports (NODX). June NODX rose by 9%, a slowdown from 12% in May. ( read original story ...)

Posted on 18/07/2022

Singapore’s inflation will likely be ‘quite sustained’ in the second half of 2022, says Barclays

Brian Tan of the bank says Singapore's economy is "definitely operating above its potential." Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)

Posted on 18/07/2022

Genting Singapore denies reports of potential sale to MGM

Casino operator Genting Singapore has rejected various media reports that has received a takeover approach from MGM Resorts International. ( read original story ...)

Posted on 18/07/2022

Everything You Need To Know About OxProp, Singapore’s Latest SME Business Loan Provider

With so many hoops to jump through, not every SME is able to successfully obtain a loan to tide through the difficult times. That’s where OxProp Capital comes in. ( read original story ...)

Posted on 18/07/2022

Nominations for SBR’s Made in Singapore & Designed in Singapore Awards 2022 are now open

Deadline for submission of entries is on 30 September 2022. Singapore’s manufacturing sector continues to face significant challenges, including the country’s recovery from the impacts of the pandemic ... ( read original story ...)

Posted on 18/07/2022

Singapore’s exports grow at slower pace of 9% in June

SINGAPORE: Singapore's non-oil domestic exports (NODX) grew at a slower pace of 9.0 per cent year-on-year in June after the revised 12.0 per cent growth in May, expanding for the 19th straight month. ( read original story ...)

Posted on 17/07/2022

Singapore Economy Continues On Road To Recovery

Despite the economic disruptions caused by the COVID-19 pandemic, Singapore has continued to attract strong foreign direct investment inflows. ( read original story ...)

Posted on 17/07/2022

Kejriwal writes to PM seeking speedy clearance for Singapore visit

Miffed over the pending clearance from the Centre for his proposed Singapore visit, CM Kejriwal wrote to Prime Minister Narendra Modi saying he has been waiting for the permission for over a month ... ( read original story ...)

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