These enhanced services for workers come as the NTUC seeks to refresh its Job Security Council. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore Gulf Bank launches clearing network for digital asset firms
Singapore Gulf Bank, a digital bank licensed by the Central Bank of Bahrain, launched a real-time currency clearing network designed to support digital asset ...
Singapore plugs tax, benefit loopholes with tighter foreign hiring rules
The cost of setting up shop would be lower than getting caught for operating illegally. A law that bars local job agencies from hiring non-Singaporeans for companies without an office in the ...
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 ...
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.
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.
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.
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 ...
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.
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.
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.
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.
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 ...
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.
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.
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 ...