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 ...)
Thai Beverage: Waiting for Better Conditions Before Considering Beer IPO
Thai Beverage PCL's potential listing of its beer business could be delayed, with the Bangkok-based beverage company saying it is waiting for a better global economic outlook before reviewing such a ... ( read original story ...)
Singapore launches investigation into embattled water firm Hyflux
Singapore authorities said on Tuesday they had launched an investigation into water treatment firm Hyflux and its current and former directors for suspected false and misleading statements and ... ( read original story ...)
Need for public-private partnership has increased in infrastructure development: Singapore minister
With government budgets being significantly diverted to support pandemic-hit economies, need for private sector funding has increased to help countries meet their infrastructure demand, says Indranee ... ( read original story ...)
Singapore schools will put measures in place to protect students as they return, minister says
Given the coronavirus is likely to stay for a considerable period of time, students can't be kept away from their education for a whole year, says Indranee Rajah, Minister in the Prime Minister's ... ( read original story ...)
Singapore remains global ‘safe harbor’ for investment despite pandemic, trade minister says
Singapore's ability to secure a "high volume" of investment commitments in 2020, despite the ongoing coronavirus pandemic, attests to its global reputation as an attractive and competitive "safe ... ( read original story ...)
Singapore Wedding Startup Plans to Revive Wedding Industry by Helping Small Wedding Businesses Digitalise Services Amidst COVID-19
The COVID-19 pandemic has changed the face of virtually every industry, and HitchPlanner, a Singapore wedding tech startup is hoping to help businesses pivot and go digital this wedding season. ( read original story ...)
Malaysia, Singapore defer high-speed rail project until year-end
Malaysia said on Sunday it had agreed with neighbouring Singapore to suspend until Dec. 31 a project for a high-speed rail link between the capital, Kuala Lumpur, and the city-state, to allow ... ( read original story ...)
Forma Therapeutics Eyes IPO to Advance Sickle Cell, Prostate Cancer Drugs
Forma Therapeutics has developed a pipeline of small molecules aimed at rare blood disorders and cancers, but it aims to advance two---investigational ... ( read original story ...)
A Week In Singapore On A $282,951 Joint Income
Welcome to Money Diaries, where we’re tackling what might be the last taboo facing modern working women: money. We’re asking women how they spend their hard-earned money during a seven-day period — ... ( read original story ...)