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Tag: business

Posted on 11/08/2020

Singapore’s Incomlend Raises $20 Mn In Series A To Expand Its Market

Singapore-based Incomlend, an online invoice trading platform, on Tuesday announced it has raised $20 million funds in Series A round led by Sequoia India. The CMA CGM Group, a player in shipping and ... ( read original story ...)

Posted on 11/08/2020

Singapore non-oil exports now seen growing 3-5% in 2020, with ‘worse-case scenario for world trade unlikely’

Singapore's total merchandise trade decreased by 15.2 per cent in the second quarter of 2020 compared to a year ago, with declines in both oil and non-oil trade.. Read more at straitstimes.com. ( read original story ...)

Posted on 11/08/2020

The Big Read: Kept afloat by government lifelines, will ‘zombie companies’ haunt Singapore?

Several businesses have managed to hold on thus far due to various government help schemes, but may have to make the heart-wrenching decision to ... ( read original story ...)

Posted on 11/08/2020

Atma Nirbhar push: Centre plans to restrict import of ‘non-essentials’ in these segments

In fact, after Singapore and Hong Kong, Vietnam has emerged as the third Asian trade partner, which counts on massive Chinese investments, to turn its usual trade deficit with India into a decent ... ( read original story ...)

Posted on 11/08/2020

Singapore will not return to pre-COVID 19 world, must chart a new path now, says minister

Covid 19 world, and must chart a new path by building a new economy now, said Trade and Industry Minister Chan Chun Sing. At a press conference ... ( read original story ...)

Posted on 11/08/2020

Singapore’s exports down 15.2% in Q2 2020, forecasts adjusted upwards

Total merchandise trade in Singapore declined by 15.2 per cent in the second quarter of 2020, following a slight growth of 0.5 per cent ... ( read original story ...)

Posted on 11/08/2020

Insurer Axa weighs sale of Singapore business to raise cash

Axa is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with the matter.. Read more at straitstimes.com. ( read original story ...)

Posted on 11/08/2020

Singapore’s economy sank more than expected in Q2

Singapore's economy contracted faster in the second quarter than previously estimated amid continued fallout from Covid-19, revised data showed Tuesday. ( read original story ...)

Posted on 11/08/2020

French insurer Axa weighs sale of Singapore business to raise cash

Axa is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with the matter.. Read more at straitstimes.com. ( read original story ...)

Posted on 10/08/2020

AXA Considers Sale of Singapore Business as It Seeks to Raise Funds: Sources

AXA SA is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with the ... ( read original story ...)

Posted on 10/08/2020

Axa Weighs Sale of Singapore Business to Raise Cash

Axa SA is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with the matter. ( read original story ...)

Posted on 10/08/2020

As coronavirus batters Singapore’s economy, lost jobs loom as long-term headache

The impact is likely to be worse than after the 1997 Asian financial crisis, as accelerated economic restructuring reshapes industries, destroying some jobs permanently. ( read original story ...)

Posted on 09/08/2020

SA exports dip $673m during Covid-19 but China trade remains strong

South Australia’s exports have taken a $673m dive amid the coronavirus crisis but trade with China is booming. ( read original story ...)

Posted on 09/08/2020

Singapore companies in Tokyo open for business despite rising COVID-19 cases | Video

Singapore businesses are keeping up their activities in Tokyo despite the rising COVID-19 cases there. But as Michiyo Ishida reports, many have been impacted by the COVID-19 pandemic. ( read original story ...)

Posted on 08/08/2020

EU imports from Singapore up 12% in 6-month period after FTA came into effect

SINGAPORE - Despite the impact of Covid-19 on global trade, European Union (EU) imports from Singapore saw a 12 per cent increase in the first six months since the EU-Singapore Free Trade Agreement ... ( read original story ...)

Posted on 07/08/2020

Man charged with possessing and importing more than 150 unlicensed arms

SINGAPORE: A man was charged in court on Friday (Aug 7) with importing and possessing 158 unlicensed arms, after police received a tip-off ... ( read original story ...)

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