SINGAPORE: United Overseas Bank’s latest business outlook report has shown that nearly half of the businesses (45 per cent) would like to see more support measures to cope with high inflation from ...
Paperless cargo clearance scheme has cut hassle, clearance time at Singapore checkpoints, say drivers
SINGAPORE: At 3am daily, when many people are deep in slumber, Kumar Batumalai enters Singapore via the Woodlands Checkpoint from Johor in Malaysia to deliver cooking oil and empty steel drums.
Bridgewater continues to cut US-listed Chinese stocks as Singapore’s Temasek, Saudi’s PIF stay the course for market turnaround
Bridgewater trimmed more positions US-listed Chinese stocks in the final quarter of 2023, including a total exit from Miniso and Noah Holdings Temasek has retained most of its US-listed shares, but ...
Singapore economy grew 2.2% in Q4, lower than estimate
Singapore’s economy grew 2.2 percent on a year-on-year basis in the fourth quarter of 2023, government data showed on Thursday, lower than the advanced growth estimate of 2.8 percent released last ...
Singapore’s Job Market Displays Positive Growth Trends and Hiring Sentiment for 2024: Reeracoen Survey
A recent survey by Reeracoen, a leading provider of human resource services in Singapore, provides insightful revelations about employers' hiring motivations and workforce plans across 30 industries ...
Asian private credit players rush to bridge funding gap at SMEs and in sectors like education, technology
Asia accounts for roughly 40 per cent of global gross domestic product, 70 per cent of global economic growth and 60 per cent of the world’s population, and yet receives only about 5.5 per cent of the ...
SIA, Sats among bigger companies in S’pore market poised to ride the Dragon
Despite all the value to be had, the Singapore stock market has remained in the doldrums. How long this will continue is anyone’s guess. The market’s average price-to-earnings (PE) multiple is 12.7 ...
Singapore wrongly charged taxpayers US$5.5 million in GST last 5 years, will have to refund fees
The Ministry of Finance said that the errors were discovered in November when it found inconsistencies in the application of GST on certain government fees.
Crypto market value climbs back above US$2 trillion in broad rally
SINGAPORE - Bitcoin hovered around US$52,000 (S$70,115) after a broad cryptocurrency rally that saw Ether, the second-biggest token, advance back to where it was before the TerraUSD stablecoin ...
Singapore key exports shrank 13.1% in 2023 on weak electronics, petrochemical demand
SINGAPORE - Non-oil domestic exports (Nodx) shrank by 13.1 per cent in 2023 amid weak demand worldwide for electronics and petrochemicals - two of Singapore’s key exports. Read more at ...
Singapore economy grew 1.1% in 2023: Data
Singapore's economy grew less than expected due to geopolitical risks and weaker global demand for exports. Slower growth in 2022 and 2021 followed a ...
SpeQtral Unveils TarQis – a Mobile Quantum Optical Ground Station (Q-OGS)
SpeQtral, a leader in quantum communications technology, announces the launch of TarQis, a Mobile Quantum-Optical Ground Station (Q-OGS) designed to lower the barriers for access to secure ...
Failed investment in Michelin Bib Gourmand prawn noodle sours 30-year friendship
SINGAPORE - The owner of a well-known hawker stall selling prawn noodles in Zion Road decided to go into business with a childhood friend to open a restaurant in South Bridge Road, after turning down ...
Singapore shares rise on Thursday after GDP data; STI up 0.3%
SINGAPORE stocks rose on Thursday (Feb 15) morning following news that gross domestic product growth in 2023 was 1.1 per cent, marginally down from advance estimates. Read more at The Business Times.
Singapore maintains 2024 GDP forecast at 1-3% after economy grew 1.1% last year
SINGAPORE: Singapore has maintained its growth forecast for 2024 at a range of 1 to 3 per cent, as data on Thursday (Feb 15) showed the economy growing slightly slower than expected last year. The ...
Singapore’s economy grew 2.2% in the fourth quarter, slower than forecast
On the whole, the Singapore economy grew 1.1% in 2023, slower than the 3.8% expansion in 2022. The growth in 2023 was largely driven by information and communications and transportation and storage ...