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Posted on 16/07/2020

Singapore’s financial system resilient despite worst downturn: MAS

Singapore's financial system remains robust and resilient even as the economy suffers its most severe downturn due to the coronavirus pandemic, central bank chief Ravi Menon said on Thursday. ( read original story ...)

Posted on 16/07/2020

Singapore’s Rulers Fret Over Generational Shift in Big Election Win

A resounding election win for Singapore's perennial rulers has been tainted by concerns about a generational voter shift that could in time weaken the People's Action Party's (PAP) unyielding grip on ... ( read original story ...)

Posted on 16/07/2020

Singapore’s economic situation is ‘dire’ as global coronavirus resurgence looms, central bank says

Unemployment and corporate bankruptcies are likely to increase in the coming months, said Ravi Menon, managing director of the Monetary Authority of Singapore. ( read original story ...)

Posted on 16/07/2020

Singapore’s financial system robust despite worst downturn, central bank chief says

Singapore's financial system remains robust and resilient even as the economy suffers its most severe downturn due to the coronavirus pandemic, central bank chief Ravi Menon said on Thursday. There ... ( read original story ...)

Posted on 16/07/2020

Warburg Pincus-backed Singapore REITs ESR and Sabana propose to merge

Singapore's ESR-REIT has agreed to buy Sabana REIT in a deal that will create the city-state's fifth-largest industrial real estate investment trust by assets, adding to a wave of consolidation in the ... ( read original story ...)

Posted on 15/07/2020

National University of Singapore demonstrates artificial skin to help robots ‘feel’

Researchers have touted the artificial skin as being able to detect touches more than 1,000 times faster than the human sensory nervous system. ( read original story ...)

Posted on 15/07/2020

National University of Singapore used Intel neuromorphic chip to develop touch-sensing robotic ‘skin’

Researchers at the National University of Singapore used an Intel-designed neuromorphic chip to create touch-sensing robotic "skin." ... ( read original story ...)

Posted on 15/07/2020

The Australian Youngster Leading Singapore’s Exciting Cricket Rise

Young Australian batsman Tim David has starred for Singapore and helped the Southeast Asian nation become one of the most improved cricket nations. ( read original story ...)

Posted on 15/07/2020

Singapore Signals More Stimulus May Not Help Amid Global Risks

Follow Bloomberg on LINE messenger for all the business news and analysis you need. The biggest economic uncertainty Singapore faces is something it can’t control -- global demand for its goods and ... ( read original story ...)

Posted on 15/07/2020

Singapore’s Wavemaker Closes Venture Fund at $111 Million

Wavemaker Partners LLC, an early-stage venture capital firm, has closed its third investment fund for Southeast Asia at $111 million. ( read original story ...)

Posted on 15/07/2020

Resorts World, one of Singapore’s biggest employers, cuts staff due to COVID-19

Resorts World Sentosa, one of Singapore's biggest private sector employers, on Wednesday said it was laying off staff to cut costs as the coronavirus pandemic batters the city-state's tourism industry ... ( read original story ...)

Posted on 15/07/2020

More Women Join Parliament as Singapore Voters Seek Diversity

A higher number of women will become lawmakers in Singapore after last week’s general elections, setting the stage for fresh perspectives on topics ranging from jobs and families to climate change in ... ( read original story ...)

Posted on 15/07/2020

Opposition Victories Force a Crack in Singapore’s Carefully Managed Democracy

Opposition Victories Force a Crack in Sing... When Singapore’s prime minister, Lee Hsien Loong, decided to call a snap election in the middle of the pandemic, he had almost everything going for him. ( read original story ...)

Posted on 14/07/2020

Singapore and Malaysia to reopen business travel next month

Singapore and Malaysia are to resume essential business and official travel between their countries, they said on Tuesday, letting people cross their border for the first time since most movements ... ( read original story ...)

Posted on 14/07/2020

Singapore Slumps Into Recession With Record 41.2% GDP Plunge

Singapore’s economy plunged into recession last quarter as an extended lockdown shuttered businesses and decimated retail spending.Gross domestic product declined an annualized 41.2% from the previous ... ( read original story ...)

Posted on 14/07/2020

Singapore economy enters recession, second-quarter GDP plunges record 41.2%

Singapore's economy slipped into recession in the second quarter, contracting by a record 41.2% from the previous three months and is facing its biggest slump ever this year as coronavirus lockdown ... ( read original story ...)

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