Economists now expect the city state’s economy to have contracted over two quarters, enough to count as a technical recession and raising the prospect’s of a downgrade to the full-year growth forecast ...
Have digital banks in Singapore lived up to the hype?
The race for market share in the digital banking space has begun but new players have to do more to woo customers, say observers.
Singapore’s first B Corp brews coffee with sweet impact
Childhood lessons spurred social entrepreneur Pamela Chng to start a business that benefits society. Read more at straitstimes.com.
Economists flag risk of technical recession for Singapore as manufacturing contracts further in May
ECONOMISTS warned of a heightened risk of a technical recession in the first half of 2023, as factory output contracted by 10.8 per cent on year in May, worse than Bloomberg’s median forecast of a 7.3 ...
Not that Vertex: Singapore-backed Vertex Ventures HC raises $200M third fund
No connection with Boston-based drugmaker Vertex Pharmaceuticals Inc., Vertex Ventures HC is one of six independent funds under the umbrella of Vertex Holdings, a VC investment holding company whose ...
Crypto Tycoon Jihan Wu’s Mining Platform Bitdeer Gains 122% On Buybacks
Bitdeer Technologies Group, the Singapore-based crypto mining platform controlled by mogul Jihan Wu, saw its shares surge 122% over the past month as the company announced a share buyback amid ...
Singapore shares slightly down as traders take stock of global macro woes
Decliners beat out advancers 252 to 226, with daily turnover coming in at 1.2 billion securities worth $858 million. Read more at straitstimes.com.
Singapore to be first South-east Asia market for Volkswagen’s electric vehicles
SINGAPORE is the first market in South-east Asia where German carmaker Volkswagen will launch its electric vehicles (EVs), with eight models to be offered here by 2024. Read more at The Business Times ...
Singapore GDP could slow to 0.4% in 2023, below official outlook: ICAEW, Oxford Economics
SINGAPORE’S economic growth could slow “significantly” to 0.4 per cent this year, even as it escapes a technical recession, the Institute of Chartered Accountants in England and Wales (ICAEW) said on ...
Singapore durian lovers rejoice as prices plunge on surplus; Malaysian fruits plenty in the market
Singaporeans love durians. And this year, the spiky and pungent fruit is in such abundance that it can be found in claw machines, giving enthusiasts a chance to catch one for just a dollar.
Singapore, Sichuan companies sign 6 MOUs as bilateral trade hits record US$2.7 billion in 2022
SINGAPORE - Singapore and Sichuan companies signed six new memoranda of understanding (MOUs) at a trade and investment meeting in Chengdu on Sunday. These collaborations signal Singapore companies’ ...
After gay sex ban repeal, Singapore LGBTQ campaigners look to tackle conservative family values
Pink Dot rally attracted a record political attendance, but further policy change in the short run appears unlikely. Advocates across Asia are grappling with traditional values on sex and social ...
PwC parachutes in Singapore-based partner Kevin Burrowes as new CEO to fix Australian mess
Singapore-based PwC veteran Kevin Burrowes is a safe pair of hands who is being parachuted into its Australian headquarters to help steer the firm out of a controversy that has rocked its local ...
The Singapore president should be truly independent
Toh Han Shih discusses the growing debate among prominent figures, including Ho Ching and presidential hopefuls, about the role and independence of the Singapore President ahead of the forthcoming ...
PwC brings in Singapore based executive Kevin Burrowes to take over troubled Australian office
Accounting firm PwC Australia has brought in Singapore based veteran Kevin Burrowes to take over its embattled Australian business as it moves to stem the fallout from the scandal over leaking ...
RPT-Singapore to unveil improved family office tax incentives – minister
Singapore's central bank will announce improved tax incentives in July to recognise the charitable contributions of family offices - companies that manage wealthy families' assets, a senior minister ...