The gap between the current ADS level and what's considered a growth profile is an economic chasm. Deciding if the market is accurately pricing in the economic ... ( read original story ...)
Singapore heading for record unemployment in 2020 -finance minister
Singapore's finance minister said its unemployment rate could rise to a record of over 100,000 in 2020 due to fallout from the COVID-19 pandemic. Sin ... ( read original story ...)
Strong demand for HK dollar ‘linked to IPO market’
The Hong Kong Monetary Authority (HKMA) has intervened the local currency market to prevent the Hong Kong dollar from breaching the strong end of ... ( read original story ...)
The CCl Exchange Has Become a Bellwether for the Issuance of New Currency at Home and Abroad
NEW YORK, NY / ACCESSWIRE / June 5, 2020 / The CCl Digital Currency Trading Platform, CCI Exchange, which is headquartered in Singapore, is a global digital currency trading service provider. The ... ( read original story ...)
Singapore retail sales post record 40.5% fall in April during COVID-19 lockdown
Singapore's retail sales fell a record 40.5% in April from a year ago due to lockdown measures implemented in the city-state to curb the spread of the novel coronavirus. The fall is the biggest since ... ( read original story ...)
Singapore bank deposits jump as Hong Kong, virus sow uncertainty
A record jump in money flowing into Singapore bank accounts from abroad underlines the city-state's safe haven appeal during the COVID-19 pandemic and political uncertainty in rival financial centre ... ( read original story ...)
Singapore to assess COVID-19 impact on digital bank bidders – sources
Bidders for five Singapore digital bank licences on offer will have to factor in how the COVID-19 outbreak has impacted their funding and profitability plans, as the central bank kicks off interviews ... ( read original story ...)