Qoo10 is trying to build an ecosystem, and in doing so become the big ship in the rising e-commerce tide Amazon and Alibaba get the headlines; Lazada and RedMart are startup success stories; Shopee and Carousell are duking it out for dominance in the peer ... ( read original story ...)
Singapore won’t regulate cryptocurrencies, remains alert to risk
Singapore doesn’t plan to regulate cryptocurrencies such as bitcoin, but will remain alert to money laundering and other potential risks stemming from their use, the head of the country’s central bank said. “As of now I see no basis for wanting to ... ( read original story ...)
Singapore needs to be on guard for inflation pickup: MAS
Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. Inflation will climb at some point if economic growth ... ( read original story ...)
Singapore Needs to Be on Guard for an Inflation Lift, Central Bank Chief Says
MAS stuck to its neutral currency policy earlier this month Singapore’s central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures. ( read original story ...)
Singapore’s new car cap will keep over 1,500 cars from hitting its roads in a year
Singapore’s Land Transport Authority (LTA) announced yesterday (Oct. 23) that it’s setting the new growth target for cars and motorcycles at 0%, replacing the present rate of 0.25%. The new target will come into effect from February next year. The body ... ( read original story ...)
Singapore bans additional cars from its roads from next February
Singapore is to freeze the number of cars and motorbikes on its cramped roads from next year. The city state – one of the most expensive places on the planet to buy a new car – only allowed a growth rate of 0.25% but that will be cut to zero from ... ( read original ...
Singapore Is Banning Additional Cars on Its Roads as the City-State Runs Out Of Space
Singapore is banning additional cars on its roads starting next February in an effort to curb over-congestion in the tiny city-state. Singapore’s Land Transport Authority (LTA) announced it would cut its permitted vehicle growth rate from 0.25% per year ... ( read original story ...)
IE Singapore partners IFC to help more Singapore firms venture into Asia and Africa
SINGAPORE - International Enterprise (IE) Singapore has signed a memorandum of understanding (MOU) with the International Finance Corporation (IFC), part of the World Bank Group, to help more Singapore companies access in-depth market insights and ... ( read original story ...)
Sea IPO: Stale Reaction To An Enlarged IPO
Shares of Sea, the Singapore-based internet and gaming company, began trading on October 20 on the NYSE. The company priced the IPO at $15, above the initial range of $12-$14, and ended up offering 60.3 million shares (20% above its original intention). ( read original story ...)
Singapore to freeze number of cars on its roads
Singapore, one of the most expensive places in the world to buy a vehicle, has announced it will freeze the number of private cars on its roads from next year but vowed to expand public transport. The growth cap for all passenger cars and motorcycles will ... ( read original story ...)
Singapore Stock Market Due For Profit Taking
The winning streak has hit seven sessions for the Singapore stock market, which has advanced more than 65 points or 2 percent along the way. The Straits Times Index now rests just beneath the 3,350-point plateau, although investors figure to cash in on ... ( read original story ...)
Singapore will place new order for US-made Boeing aircraft
President Trump held a joint statement with Singapore Prime Minister Lee Hsien Loong to discuss U.S.-Singapore relations and business deals. ( read original story ...)
How Singapore sees itself complementing China’s Belt and Road
China is Singapore's biggest export market. If the relationship is further strengthened ... "where the infrastructure can be put out either on the stock exchange, or bonds can be issued." Stressing the importance of arbitration in promoting the Belt ... ( read original story ...)
Beginner’s Guide To Investing In Asia (#5): How To Read A Stock Code?
What Is A Stock Index? A stock index is a collection of ... Singapore: Straits Times Index (30) Similarly, the main index in Singapore is the Straits Times Index. It is a market capitalization weighted index of some of the thirty largest companies listed ... ( read original story ...)
Singapore unicorn Sea’s stock has a rollercoaster ride on first day of US IPO
Shares of Singapore’s online gaming, ecommerce, and digital payments company Sea had a rollercoaster ride on the first day of its US$884 million IPO on the New York Stock Exchange (NYSE ... roughly US$270 billion in market capitalization. ( read original story ...)
End of an era as Hong Kong stock trading floor set to close
HONG KONG - Hong Kong’s last remaining stock market floor traders are taking their final orders ... follows other global peers like Tokyo, Singapore and London that have eliminated their trading floors In the U.S., floor traders at the New York Stock ... ( read original story ...)