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Posted on 30/04/2025

De-dollarization agendas could spike South Korea, Singapore and China’s currency usage: Goldman Sachs

Global central banks could be looking beyond the US dollar after US President Donald Trump slapped countries with tariffs, causing geopolitical risks and ...

Posted on 30/04/2025

US economy contracts for first time since 2022 on imports surge

The data highlight the scramble by companies to secure merchandise ahead of expansive tariffs, with net exports subtracting nearly 5 percentage points from GDP, the most on record.

Posted on 30/04/2025

Singapore SMEs grapple with costlier, scarcer financing

Local banks continued to dominate, originating 59% of loans via the platform. However, foreign banks have expanded their share significantly to 26%, up from 19% in 2023.

Posted on 30/04/2025

Singapore’s F&B sector falls into contraction after year of growth, but bright spots remain: OCBC

SINGAPORE] Singapore’s food and beverage (F&B) sector has softened in recent months amid market saturation and challenging macroeconomic conditions, but opportunities remain, industry players said.

Posted on 30/04/2025

Factbox-Parties in Singapore’s election and their platforms

Singapore holds a parliamentary election on May 3 that will be contested by 11 parties across the city state of 6 million people with 2.76 million registered to vote. Following are details of the key ...

Posted on 30/04/2025

Singapore investors buy 2.5 tonnes of gold bullion in Q1, the most since 2010

World Gold Council sees recession risks and geopolitical tensions continuing to drive gold demand for investment. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/04/2025

Singapore’s Wilmar posts higher first-quarter profit, flags tariff uncertainty

Company is one of the world’s largest food producers. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 30/04/2025

Singapore SMEs Hit by Record 8.47% Borrowing Costs and Shrinking Loan Access in 2024: Linkflow Capital Survey

New data shows sharp contraction in loan sizes, rising business cessations, and shifting lender dynamics as SMEs struggle with tighter financing conditions.

Posted on 30/04/2025

New types of players seek ‘diamonds in the rough’ by pursuing SME M&A deals in Singapore, Asean

Unlike traditional private equity firms, these niche players have an appetite for micro- to small buyouts and longer-term holds Read more at The Business Times.

Posted on 29/04/2025

Why Smart Money Is Still in Crypto (Even After the Chaos)

Photo from Unsplash.com After the recent market turbulence, a lot of investors are rethinking their portfolios, looking for assets that promise both growth and resilience to market fluctuations. Smart ...

Posted on 29/04/2025

Singapore stocks end lower amid mixed regional markets

Across the broader market, gainers outnumbered losers 259 to 214. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 29/04/2025

Singapore’s Q1 unemployment up slightly; employment growth slows amid trade war uncertainty

MOM expects the labour market to soften, given greater uncertainties in external growth prospects. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 29/04/2025

Singapore’s tripartite partners must make ‘short-term tradeoffs and long-term investments’ in transformation: SNEF

SINGAPORE]  In these uncertain times, the government, employers and unions must “come together to make necessary short-term tradeoffs and long-term investments”, said Singapore National Employers ...

Posted on 29/04/2025

Singapore’s Wilmar International posts 4% rise in first-quarter profit

Singapore-listed food conglomerate Wilmar International reported a 4% rise in first-quarter profit on Tuesday, on better performance from both its food products and plantation and sugar milling ...

Posted on 29/04/2025

Trump’s baseline tariffs affect 55% of Singapore’s exports – what about the rest?

SINGAPORE] While the US has slapped a 10 per cent baseline tariff on all countries, this rate applies to only about 55 per cent of Singapore’s domestic exports to the US. Read more at The Business ...

Posted on 29/04/2025

Singapore downgrades 2025 GDP forecast amid tariffs

Singapore's Ministry of Trade and Industry has cut the country's growth forecast for 2025 to zero percent to 2 percent in the face of US tariffs, with some economists warning of a possible technical ...

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