A barrel of benchmark U.S. crude gained 71 cents to $83.62 per barrel in electronic trading on the New York Mercantile Exchange. It slipped 58 cents to settle at $82.91 on Thursday. Brent crude, the ...
Singapore GDP grew 0.7% in Q3, up from 0.5% in Q2
SINGAPORE: Singapore’s GDP grew 0.7 per cent in the third quarter of 2023, up from 0.5 per cent in the previous quarter, according to the Ministry of Trade and Industry (MTI), which gave its advance ...
Singapore economy grows 0.7% in Q3, faster than expected
Singapore’s economy grew at a faster than expected pace in the third quarter of 2023 on the back of a continued recovery in visitor arrivals, even as manufacturing remained weak.
Singapore’s economy grew 0.7% in Q3, improvement on previous quarter: Advance estimates
The economy expanded by 1 per cent in a quarter-on-quarter seasonally-adjusted basis, faster than the 0.1 per cent growth in the preceding quarter.
Singapore, UK working on new treaty to protect and boost bilateral investment flows
SINGAPORE – Singapore and the United Kingdom are making progress toward concluding a new agreement to protect investors and facilitate investment flows between the two countries. Negotiations began in ...
Singapore, UK working on new investment treaty to protect and boost bilateral investment flows
SINGAPORE – Singapore and the United Kingdom are making progress toward concluding a new agreement to protect investors and facilitate investment flows between the two countries. Negotiations began in ...
Grab’s 70% tumble shows the limits of Singapore’s tech dream
IN THE ballroom of the five-star Shangri-La Singapore hotel, Anthony Tan celebrated a triumph for the country’s up-and-coming tech scene. “Today we shine a spotlight on South-east Asia!” he told the ...
SG firms lead investment in AI and machine learning technologies
Local businesses, on average, invest 24% of their annual budget in AI and machine learning. Singapore is ahead of the United States and the rest of the world in terms of artificial intelligence (AI) ...
Cautious Resilience: Singapore’s Central Bank Holds Steady Amid Economic Challenges
A Steady Hand Amid Economic Turbulence In the face of declining core inflation and a fragile economic growth trajectory, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is ...
Commentary: Singapore banks’ latest anti-scam measures may be inconvenient, but would you rather lose your life savings?
In others, an enforced wait time slowed down their tasks. In some other cases, they had to uninstall certain apps for their mobile banking apps to work. The Association of Banks in Singapore (ABS) ...
Borsig IPO to alleviate KNM’s financial woes
The initial public offering (IPO) exercise of machinery and equipment unit Borsig GmbH on the Singapore Exchange (SGX) should uplift KNM Group Bhd by aiding its repayments to creditors, says Borsig ...
Singapore stocks close lower on Wednesday, STI down 0.2%
Regional bourses enjoyed a modest rally on Wednesday on the back of optimism over interest rates in the United States, but local shares went a smidgeon south amid an air of caution. Read more at ...
ABN Amro will no longer offer corporate banking as it surrenders licence here; clearing services unaffected
ABN Amro Bank has surrendered its licence in Singapore and will no longer provide corporate and institutional banking services. Read more at straitstimes.com.
Use hydroelectricity to attract foreign investment, not sell it to Singapore and Peninsular Malaysia, state DAP chairman tells Sarawak
Sarawak DAP chairman Chong Chieng Jen today urged the state government to focus on how to use the hydroelectricity to attract good investment instead of selling it to Singapore and Peninsular Malaysia ...
Singapore companies’ love affair with Nasdaq continues despite post-IPO heartaches
SINGAPORE-based companies continue to flock to the Nasdaq exchange in the United States, even though data shows it is tough for smaller players to win investors there. Read more at The Business Times.
Staying listed in the US could prove to be a rough ride for Singapore companies
RIDE-HAILING startup Ryde and personal-finance comparison platform MoneyHero Group are the latest in a string of Singapore-linked companies to seek a listing in the US markets. Read more at The ...