Singapore Teams Heads to Hong Kong to Secure Army Carriers

Singapore's army is sending a team to Hong Kong to secure nine of its armored personnel carriers that were seized by customs authorities while in transit through the southern Chinese territory, the Defense Ministry said Friday. The ministry said in a ... ( read original story ...)

Singapore Braces for Globalization Backlash as Trade Fears Grow

Singapore, on track to post its worst economic performance since the 2009 global financial crisis this year, is bracing for more uncertainty as rising protectionism poses risks for the export-dependent nation. While the government is forecasting economic ... ( read original story ...)

Singapore shaves growth forecast for 2016 as exports shrink

SINGAPORE - The Singapore economy is expected to grow 1 to 1.5 per cent this year, from an earlier forecast of 1 to 2 per cent. Growth next year is tipped to come in between 1 to 3 per cent on the back of a slightly stronger global outlook, the Ministry of ... ( read ...

Singapore's household wealth rises 2.9% in 2016 to $1.1 trillion

SINGAPORE'S household wealth grew 2.9 per cent in 2016 to reach US$1.1 trillion and this upward trajectory is expected to continue in the next few years, says a global wealth report. The Credit Suisse Research Institute on Tuesday published its seventh ... ( read original story ...)

Singapore sees 2016 GDP growth 1-1.5%

SINGAPORE - Singapore downgraded its forecasts on economic growth and exports for 2016 after confirming a contraction in output in the third quarter, raising the risk of a recession amid fresh uncertainty around global trade under U.S. President-elect ... ( read original story ...)

Singapore's non-oil domestic exports down 5.4% in Q3

SINGAPORE - Singapore's non-oil domestic exports (Nodx) are expected to shrink 5 to 5.5 per cent this year on the back of lacklustre global growth - a larger contraction than the 3 to 4 per cent contraction previously forecast. Nodx is expected to pick up ... ( read original story ...)

Ecclestone holds out hope for Singapore

Singapore: Formula One supremo Bernie Ecclestone said he wants ... Ecclestone’s latest statement provide some positive news for Formula One in Southeast Asia, after neighbouring Malaysia confirmed it was dropping its grand prix after 2018. ( read original story ...)

Singapore in the driving seat as it negotiates new F1 deal

SINGAPORE After negotiating Singapore's current Formula One deal, Bernie Ecclestone said in 2012 the hardest thing was explaining to the authorities that "we don't race for free". Four years on, the F1 boss appears to be frustrated again as he tries to ... ( read original story ...)

Formula One's Ecclestone seeks 'long-term' Singapore deal

Formula One supremo Bernie Ecclestone said he wants to strike a "long-term" deal with Singapore this year, playing down earlier comments that the city-state is looking to drop its iconic night race. Ecclestone's latest statement provide some positive news ... ( read original story ...)