Singapore began destroying nine tonnes of seized ivory Tuesday, the largest such action globally in recent years, including contraband tusks that came from more than 300 African elephants. The ... ( read original story ...)
EMERGING MARKETS-Thai, South Korean stocks hold to growth hopes, Singapore slips
Thailand and South Korea led gains for most of Asia's emerging currency and stock markets on Tuesday, bolstered by recent signs of an improving economic landscape in China and further heavy inflows of ... ( read original story ...)
Pandemic shrinks foreign exchange trading in major hubs but Singapore, Tokyo grab market share at Hong Kong’s expense
Coronavirus pandemic has chilled global financial markets by shrinking volume of currency trading. Tokyo and Singapore are early winners as Hong Kong slips. ( read original story ...)
Singapore non-oil exports now seen growing 3-5% in 2020, with ‘worse-case scenario for world trade unlikely’
Singapore's total merchandise trade decreased by 15.2 per cent in the second quarter of 2020 compared to a year ago, with declines in both oil and non-oil trade.. Read more at straitstimes.com. ( read original story ...)
The Big Read: Kept afloat by government lifelines, will ‘zombie companies’ haunt Singapore?
Several businesses have managed to hold on thus far due to various government help schemes, but may have to make the heart-wrenching decision to ... ( read original story ...)
Singapore Warns of Slow Recovery as Virus Slams Asia’s Exporters
Singapore's record recession was deeper than first thought in the second quarter, data showed on Tuesday, signalling a lengthy path to recovery as the coronavirus pandemic dealt a major blow to Asia's ... ( read original story ...)
Breakingviews – Hong Kong will be lucky to end up like Singapore
Hong Kong will be lucky to end up like Singapore, or even a second-tier Chinese city. Police arrested pro-democracy media mogul Jimmy Lai for “foreign collusion” on Monday. Meanwhile, Chief Executive ... ( read original story ...)
Lendlease Global Reit Q4 DPU misses IPO forecast on circuit breaker, rental reliefs
Lendlease Global Commercial Reit (Lendlease Global Reit) on Tuesday (Aug 110 posted a distribution per unit (DPU) of 0.48 cent for its fourth quarter ended June 30, 62.7 per cent lower than the ... ( read original story ...)
Singapore’s trade finance startup Incomlend raises $20M led by Sequoia Capital India
Incomlend, a Singapore-headquartered startup that operates a trading platform to connect exporters and importers with investors, has raised $20 million in a new financing round, it said on Tuesday. ( read original story ...)
Singapore’s economic contraction in the second quarter was worse than initial estimates
The Ministry of Trade and Industry revised its full-year forecast for Singapore to register an economic contraction of between 5% and 7% in 2020. Previously, it had expected the country's GDP to fall ... ( read original story ...)
Singapore PM’s nephew says will pay S$15,000 fine in contempt of court case
The Singapore prime minister's nephew said on Tuesday that he would pay a S$15,000 (8,346 pounds) fine for contempt of court, but that he did not admit guilt in the case. ( read original story ...)
Singapore’s real estate history: thriving since the 60s
In celebration of National Day, we take a look back at how Singapore’s dynamic real estate market flourished as each year passed. ( read original story ...)
Atma Nirbhar push: Centre plans to restrict import of ‘non-essentials’ in these segments
In fact, after Singapore and Hong Kong, Vietnam has emerged as the third Asian trade partner, which counts on massive Chinese investments, to turn its usual trade deficit with India into a decent ... ( read original story ...)
Singapore will not return to pre-COVID 19 world, must chart a new path now, says minister
Covid 19 world, and must chart a new path by building a new economy now, said Trade and Industry Minister Chan Chun Sing. At a press conference ... ( read original story ...)
Singapore biotech firm doing Covid-19 research gets $15m fund injection
The sum will boost its immune profiling tech that is key to developing vaccines and treatment.. Read more at straitstimes.com. ( read original story ...)
‘We are not returning to a pre-COVID-19 world’: Chan Chun Sing maps out ‘new path’ for Singapore
SINGAPORE: “We are not returning to a pre-COVID-19 world … We must chart a new direction now,” said Trade and Industry Minister Chan Chun Sing on ... ( read original story ...)