Singapore keeps monetary policy unchanged as inflation slows
By Xinghui Kok SINGAPORE (Reuters) – Singapore’s central bank on Monday kept its monetary policy settings unchanged, as expected, in its first review of the year as inflation pressures continued to moderate…
No Singapore Airlines group A320neos with Pratt engines grounded – exec
SINGAPORE (Reuters) – None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot,…
Singapore private residential prices rise 3.3% in Q1, signals strong demand
(Corrects to restore dropped word in first paragraph) SINGAPORE (Reuters) – Singapore’s private property prices rose in the first quarter, official data showed on Friday, slightly higher than the flash estimate, reinforcing…
Singapore March core inflation rises 5%, slightly less than forecast
By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5% in March, slightly lower than forecast, official data showed on Monday. The core inflation rate – which excludes private…
Singapore March exports fall 8.3% y/y, drop less than forecast
By Chen Lin SINGAPORE (Reuters) – Singapore’s March non-oil domestic exports (NODX) shrank 8.3% year-on-year, official data showed on Monday, though the drop was smaller than the previous month and less than…
Singapore wealth group denies report of directive to keep quiet on China-linked fund inflows
SINGAPORE (Reuters) – A private banking industry group in Singapore on Friday denied a media report that the city state had asked global banks to keep quiet on wealth inflows coming from…
Singapore unexpectedly leaves monetary policy unchanged as risks grow
SINGAPORE (Reuters) -Singapore’s central bank on Friday left its monetary policy settings unchanged, reflecting the city-state’s concerns about its growth outlook and surprising economists who had expected another round of tightening. The…
Marketmind: Singapore signals a peak for policy tightening
A look at the day ahead in European and global markets from Wayne Cole. Singapore’s central bank sprang the surprise of the Asian day by halting its tightening cycle when markets had…
Singapore imports of Russian naphtha surge as EU ban shifts flows
By Mohi Narayan and Matthew Chye NEW DELHI (Reuters) – Singapore’s imports of Russian naphtha nearly tripled in the first quarter of 2023, government data showed, after the European Union banned oil…
Singapore seen tightening monetary policy as inflation remains elevated
By Chen Lin SINGAPORE (Reuters) – Singapore is likely to tighten monetary policy this month, for the sixth time in a row, amid persistent price pressures in the Asian financial hub due…
Singapore push for all-EV future faces a love of crazy, rich combustion
By Xinghui Kok SINGAPORE (Reuters) – Singaporean chip designer Eu Gene Goh is an electric-vehicle evangelist with two Teslas in the garage. But the car-tech enthusiast is also not ready to give…
Singapore central bank says no interruption to Credit Suisse operations
(Reuters) – Singapore’s central bank said Credit Suisse Group would continue operating in the city-state without any curbs, adding that it expected no impact of the Swiss bank’s takeover by UBS Group…
Singapore to work with Indonesia, ASEAN, UN to push Myanmar peace plan – PM
SINGAPORE (Reuters) – Singapore Prime Minister Lee Hsien Loong said on Thursday the city-state would work with Indonesia and other Southeast Asian countries, as well as partners like the United Nations, to…
Coinbase opens local bank transfers for Singapore users at no cost
By Rae Wee SINGAPORE (Reuters) – Cryptocurrency exchange Coinbase will let customers in Singapore move funds to and from accounts via local banks, smoothing one path to investing in digital assets at…
Singapore banking system’s exposure to failed US banks ‘insignificant’ – central bank
SINGAPORE (Reuters) – Singapore banking system has insignificant exposure to failed banks in the United States, its central bank said on Monday. Banks in Singapore are well capitalised and conduct regular stress…
Credit Suisse Singapore CEO to leave in latest banker exit at firm
SINGAPORE (Reuters) – Credit Suisse Singapore chief executive officer, Chien Chien Wong, is leaving to pursue outside interests, according to a memo seen by Reuters, in the latest senior banker departure from…
Disillusioned at home, super-rich Chinese set their sights on Singapore
By Xinghui Kok and Chen Lin SINGAPORE, (Reuters) – Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family’s wealth. He’s hoping that studying at…
Tesla offers discount in Singapore on EVs in inventory
SINGAPORE (Reuters) – Tesla has begun offering discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y, a company sales representative said…
France, Singapore, Switzerland jointly test central bank digital currencies
LONDON (Reuters) – France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs) in the first cross-regional trial of its kind. The project, which will…
Singapore to introduce new emissions rules for fossil-fuel power plants
By Emily Chow SINGAPORE (Reuters) – Singapore’s energy regulator will be introducing new emissions standards for new and repowered fossil fuel-fired power generation units in 2023, a minister said on Wednesday. The…
Singapore central bank proposes measures on crypto trading, stablecoin
By Chen Lin SINGAPORE (Reuters) – Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid to reduce the risk of consumer harm…
Flush with cash, Singapore Airlines to spend $2.7 billion redeeming convertible bond
(Reuters) – Singapore Airlines Ltd (SIA) said on Tuesday its strong cash position would allow it to spend S$3.86 billion ($2.71 billion) to redeem convertible bonds issued in 2020 that helped it…
Singapore September core inflation rises 5.3%
SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5.3% in September, slightly more than forecast, official data showed on Tuesday, driven by larger increases in the prices of food, services, retail…
Dickey’s Legit. Texas. Barbecue. Arrives In Singapore
80-year-old barbecue franchise Dickey’s Barbecue Pit opens its first location in Singapore Singapore (RestaurantNews.com) World-famous American barbecue franchise, Dickey’s Barbecue Pit, has opened their first Singapore location in the Central Business District.…
Dickey’s Barbecue Pit Expands in Singapore
Dickey’s Owner/Operators From Left to Right, Mavin Singh, Ang (Ding) Yen, Jasmin Kaur, and in front, Geraldine Ng. The world’s largest barbecue franchise announces plans to open 15 additional Singapore Locations serving…
No consensus yet on China joining regional trade pact – Singapore PM
SYDNEY (Reuters) – Singapore’s Prime Minister Lee Hsien Loong said on Tuesday there is no consensus yet for China to join a trans-Pacific trade pact, although Singapore believed it would be possible…
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