THE Singapore Business Federation (SBF) said on Thursday it supports the calls of the Apec Business Advisory Council (ABAC) to resist protectionism and inward-looking policies, as "open and inclusive global trading system can act as a catalyst for ... ( 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 ...)
Dropping Singapore F1 race may not have significant impact on tourism: Experts
So some of these things may be good news for them.” But arguably more important than the tourism dollar are the intangible benefits of the race to Singapore’s image and branding as a global city. “The race has given Singapore a lot of visibility on ... ( 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 ...)
Partnership launched to grow para sports in Singapore and the region
SINGAPORE: International experts in the field of disability sports will be conducting courses in Singapore to impart their knowledge to local coaches, under a partnership announced on Wednesday (Nov 23) between the International Paralympic Committee (IPC ... ( 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 tops Asian digital transformation index
The EIU’s ‘Connecting Capabilities’ report shows Singapore is leading the way in Asian Digital Transformation Index. It notes that the city-state’s strong performance is primarily due to its well-developed digital infrastructure, as well as a ... ( read original story ...)
Singapore inflation down 0.1% in October
Smaller drag from oil-related items offset lower food and services inflation. Singapore inflation has fallen 0.1% in October, compared to the 0.2% fall in September. This came as a smaller drag from the cost of oil-related items more than offset lower food ... ( read original story ...)
Singapore downgrades 2016 GDP, exports forecasts after third-quarter contraction
SINGAPORE (Reuters) - 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 ... ( read original story ...)
Singapore scalpers sell Coldplay tickets at 3,000% premiu…
High demand to see the British soft-rock band perform is creating a thriving resale market where tickets are going at a 3,000-percent premium. ( read original story ...)
OCBC establishes US$10b global covered bond programme
OVERSEA-CHINESE Banking Corporation (OCBC) has established a US$10 billion global covered bond programme that will be available to certain non-US investors outside of the US. This programme, announced in a filing to the Singapore Exchange on Wednesday ... ( read original story ...)
Indonesia, Singapore sign banana exports contract
SINGAPORE: Indonesia’s biggest banana producer, Nusantara Tropical Farm, signed a memorandum of understanding with Benelux Flower and Food for its first Cavendish banana export to Singapore. The contract was signed during the Fruit Indonesia 2016 ... ( read original story ...)
Singapore exports slump in Q3, forecast for year downgraded
SINGAPORE: Exports in Singapore slumped in the third quarter, declining 5.4 per cent from the previous year, according to figures released by International Enterprise (IE) Singapore on Thursday (Nov 24). The contraction follows a 0.2 per cent decline in ... ( read original story ...)