The baht is set to be powered by an influx of Chinese tourists after the mainland rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. The ...
Singapore’s 2022 GDP Growth Beats Amid Lurking Headwinds
Singapore’s recovery held up in 2022, with a relatively strong year-end performance shoring up the economy ahead of an expected global slowdown this year. Most Read from BloombergElon Musk Becomes ...
Singapore economy grew 3.8% in 2022, slower than 7.6% growth in 2021: MTI advance data
SINGAPORE: Singapore’s economy grew 3.8 per cent for the whole of 2022, slowing from the 7.6 per cent growth in the year before, according to advance estimates released by the Ministry of Trade and ...
Singapore’s GDP grew by 3.8% in 2022: MTI’s flash estimates
In the 4Q2022, Singapore's GDP grew by 2.2% on a y-o-y basis. Singapore’s gross domestic product (GDP) grew by 2.2% on a y-o-y basis in the 4Q2022, moderating from the 4.2% grow in the 3Q2022. This is ...
A tale of two halves for the market in 2023
First, there will be a volatile bottoming process, and then a rebound, say analysts. Read more at straitstimes.com.
Higher cost of capital a challenge for SGX IPO landscape as Reits, Spacs face lower valuations
INITIAL public offering (IPO) activity on the Singapore Exchange (SGX) could remain muted in 2023 as real estate investment trusts (Reits) adjust to the realities of lower valuations in a higher ...
Stock Market LIVE: Sensex tops 61k, Nifty up 50 pts; Tata Steel, Hindalco gain
Stock markets start flat on the first trading day of 2023. Metal and PSU Bank shine, while Pharma stocks struggle. Tata Steel and Hindalco gain; Bajaj Auto and Asian Paints tank. Asian markets are ...
Why stock markets, including Singapore’s, should boom in 2023
TERRIBLE 2022 is over. Expect the Straits Times Index (STI) and global stocks and bonds to boom in 2023, as a bull market no one foresees delivers strong returns – 15 per cent, 20, 25, maybe more.
How to visit Singapore using Apple Pay, Apple Wallet, and zero cash
As travel restrictions finally ease, many are booking flights to destinations such as the tech-forward Singapore. Here's how to visit Singapore's top sights without having to shell out a single ...
Singapore’s economy ‘will be affected’ with ‘troubled’ international outlook: PM Lee
In his speech, the PM added that more assistance is on its way for Singaporeans to cope with the cost of living pressures.
Singapore: Over 400 people being investigated over suspected scam involvement, victims lost over RM69.16mil
A total of 311 men and 133 women are being investigated for suspected involvement in over 1,400 cases of scams as scammers or money mules, the police said on Friday (Dec 30).
Singapore sentences stock market manipulator to 36 years in jail
Singapore’s High Court has sentenced the masterminds behind the country’s largest stock market manipulation to decades in jail, according to a joint statement on Wednesday from the Attorney-General’s ...
Analysts see mixed picture for stock markets in 2023, with things looking up in second half
SINGAPORE - Recession and its impact on corporate earnings will likely occupy the minds of investors through much of 2023, just as inflation, interest rates and the war in Ukraine took centre stage ...
Singapore-based edtech IMMRSIV files for $17M US IPO
Singapore-based edtech IMMRSIV (IMSV) has filed for a proposed $17M US initial public offering. Read more here.
Malaysian Businessman Gets 36 Years In Singapore Jail For RM26 Billion Penny Stock Crash
John Soh Chee Wen, a 63-year-old prominent Malaysian businessman, is the mastermind of a scheme that led to the largest market manipulation in Singapore.
DBS makes key leadership changes for institutional banking business
Joyce Tee, now group head of SME banking, to head the institutional banking group for DBS China. Read more at straitstimes.com.