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Singapore

Singapore September core inflation rises 5.3%

October 25, 2022October 25, 2022
Singapore september core inflation rises 5. 3% - photo licensed by shore news network.

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 …

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Dickey’s Legit. Texas. Barbecue. Arrives In Singapore

October 23, 2022
Dickey’s legit. Texas. Barbecue. Arrives in singapore - photo licensed by shore news network.

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 …

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Dickey’s Barbecue Pit Expands in Singapore

October 22, 2022
Dickey’s barbecue pit expands in singapore - photo licensed by shore news network.

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 …

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No consensus yet on China joining regional trade pact – Singapore PM

October 18, 2022October 18, 2022
No consensus yet on china joining regional trade pact - singapore pm - photo licensed by shore news network.

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, …

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Australia, Singapore sign ‘green economy’ pact

October 18, 2022October 18, 2022
Australia, singapore sign 'green economy' pact - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – Australia and Singapore agreed on Tuesday on a “green economy” deal to boost cooperation on climate investment, financing and …

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Convicted Fugitive Who Escaped Justice for 30 Years Extradited From Singapore to United States to Serve Sentence for Bank Fraud, Embezzlement

October 17, 2022
Convicted fugitive who escaped justice for 30 years extradited from singapore to united states to serve sentence for bank fraud, embezzlement - photo licensed by shore news network.

A man who fled to Taiwan to escape a 33-month prison sentence has been returned to the U.S. after 30 years as a fugitive, announced …

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Singapore exports rise 3.1% year-on-year in September, missing forecasts

October 16, 2022
Singapore exports rise 3. 1% year-on-year in september, missing forecasts - photo licensed by shore news network.

SINGAPORE (Reuters) – Singapore’s September non-oil domestic exports (NODX) grew 3.1% year-on-year, official data showed on Monday, slower than the previous month and missing forecasts …

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Singapore announces S$1.5 billion support package for all Singaporean households

October 14, 2022
Singapore announces s$1. 5 billion support package for all singaporean households - photo licensed by shore news network.

By Chen Lin SINGAPORE (Reuters) – Singapore’s Finance Ministry on Friday announced a S$1.5 billion ($1.05 billion) support package for all Singaporean households amid concerns …

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Singapore GDP growth to ease in Q3, keeps MAS in delicate balancing act: Reuters Poll

October 12, 2022
Singapore gdp growth to ease in q3, keeps mas in delicate balancing act: reuters poll - photo licensed by shore news network.

By Chen Lin SINGAPORE (Reuters) – Singapore’s economy is expected to have expanded at a slower pace in the third quarter, underlining the central bank’s …

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Singapore bank OCBC appoints audit head Goh Chin Yee as new group CFO

October 10, 2022October 10, 2022
Singapore bank ocbc appoints audit head goh chin yee as new group cfo - photo licensed by shore news network.

(Reuters) -Singapore’s second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) said on Monday it had appointed its current head of group audit Goh Chin Yee as …

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U.S. targets Singapore, Marshall Islands firms in new North Korea sanctions

October 7, 2022
U. S. Targets singapore, marshall islands firms in new north korea sanctions - photo licensed by shore news network.

By Daphne Psaledakis and David Brunnstrom WASHINGTON (Reuters) -The United States on Friday imposed new sanctions following North Korea’s latest missile launches this week, targeting …

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Sri Lanka looks to revive free trade deal with Singapore

September 27, 2022September 27, 2022
Sri lanka looks to revive free trade deal with singapore - photo licensed by shore news network.

COLOMBO (Reuters) – Sri Lanka will step up efforts to revive a stalled free trade pact with Singapore, President Ranil Wickremesinghe told the city state’s …

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Singapore hoping special visa will draw global ‘rainmakers’

September 12, 2022
Singapore hoping special visa will draw global 'rainmakers' - photo licensed by shore news network.

SINGAPORE (Reuters) – Singapore is hoping a special work visa will make it more competitive in attracting “the rainmakers of the world”, its manpower minister …

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Standard Chartered rolls out digital bank in hot Singapore market

September 1, 2022
Standard chartered rolls out digital bank in hot singapore market - photo licensed by shore news network.

SINGAPORE (Reuters) – Standard Chartered and FairPrice Group on Thursday rolled out their digital bank focusing on Singapore’s retail segment, a move that comes on …

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Economists cut Singapore growth forecasts, raise inflation – survey

September 1, 2022
Economists cut singapore growth forecasts, raise inflation - survey - photo licensed by shore news network.

SINGAPORE (Reuters) – Economists have cut growth forecasts and upped inflation expectations for Singapore, according to a central bank survey, published on Thursday, with a …

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Crypto lender Hodlnaut granted creditor protection by Singapore Court

August 30, 2022
Crypto lender hodlnaut granted creditor protection by singapore court - photo licensed by shore news network.

(Reuters) – Hodlnaut said on Tuesday it has been placed under interim judicial management by the Singapore High Court, after the troubled cryptocurrency lender suspended …

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Singapore introduces new work visa rules to woo foreign talent

August 29, 2022
Singapore introduces new work visa rules to woo foreign talent - photo licensed by shore news network.

SINGAPORE (Reuters) – Singapore on Monday announced new work visa rules to woo foreign talent as the Asian financial hub looks to bolster its recovery …

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Singapore July manufacturing output up 0.6% y/y, misses forecast

August 26, 2022
Singapore july manufacturing output up 0. 6% y/y, misses forecast - photo licensed by shore news network.

SINGAPORE (Reuters) – Singapore’s industrial output in July grew 0.6% year-on-year, well below forecasts, partly due to a decrease in the output of electronics and …

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Singapore financial regulator imposes $9 million fine on commodity trader Noble Group

August 24, 2022
Singapore financial regulator imposes $9 million fine on commodity trader noble group - photo licensed by shore news network.

(Reuters) – Commodity trader Noble Group Ltd will pay a S$12.6 million ($9.03 million) penalty for releasing ‘misleading’ information in its financial statements between 2012 …

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Singapore lender UOB posts 11% rise in Q2 net profit

July 28, 2022
Singapore lender uob posts 11% rise in q2 net profit - photo licensed by shore news network.

SINGAPORE – Singapore’s smallest listed lender, United Overseas Bank (UOB), reported a rise of 11% in second-quarter profit, supported by a strong improvement in net …

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Singapore Airlines swings to profit as passenger traffic improves

July 28, 2022
Singapore airlines swings to profit as passenger traffic improves - photo licensed by shore news network.

(Reuters) -Singapore Airlines (SIA) swung to a first-quarter net profit of S$370 million ($268 million), it said on Thursday, after a fourteenfold increase in passenger …

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Singapore Exchange, NYSE join hands for company dual listings, ETFs

July 21, 2022
Singapore exchange, nyse join hands for company dual listings, etfs - photo licensed by shore news network.

(Reuters) – Singapore Exchange Ltd (SGX) said on Friday it will team up with the New York Stock Exchange for dual listing of companies on …

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South American Mercosur bloc, Singapore conclude trade pact talks

July 20, 2022
South american mercosur bloc, singapore conclude trade pact talks - photo licensed by shore news network.

BRASILIA – South American trade bloc Mercosur on Wednesday concluded talks on a trade pact with Singapore, Brazil’s Economy and Foreign Affairs Ministries said. The …

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Singapore minister says India needs higher economic growth to create jobs

July 8, 2022
Singapore minister says india needs higher economic growth to create jobs - photo licensed by shore news network.

NEW DELHI – India needs to achieve higher economic growth by focusing on exports and expanding production-linked incentives for more sectors to create more jobs, …

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Singapore Airlines expects to inch closer to pre-pandemic capacity by 2022-end

July 5, 2022
Singapore airlines expects to inch closer to pre-pandemic capacity by 2022-end - photo licensed by shore news network.

(Reuters) – Singapore Airlines Ltd (SIA) said it expects passenger capacity to reach about 81% of pre-pandemic levels by December as flyers rush to the …

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Singapore May manufacturing output up 13.8% y/y amid chip shortage

June 24, 2022
Singapore may manufacturing output up 13. 8% y/y amid chip shortage - photo licensed by shore news network.

SINGAPORE – Singapore’s industrial output in May beat forecasts and grew 13.8% year-on-year, due to strong demand from 5G markets and data centres amid a …

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Singapore May core inflation rises 3.6%, just above forecast

June 23, 2022
Singapore may core inflation rises 3. 6%, just above forecast - photo licensed by shore news network.

SINGAPORE – Singapore’s key consumer price gauge rose in May at its fastest pace in more than a decade, driven by higher inflation for food …

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Indonesia looks to plug shortage of chicken supplies in Singapore

June 20, 2022
Indonesia looks to plug shortage of chicken supplies in singapore - photo licensed by shore news network.

By Chen Lin and Bernadette Christina SINGAPORE/JAKARTA – Indonesian authorities hope to reach an agreement with Singapore to start exporting chickens within weeks, officials said, …

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Singapore hospitality trusts seen as ripe for more take-private deals

June 15, 2022
Singapore hospitality trusts seen as ripe for more take-private deals - photo licensed by shore news network.

By Anshuman Daga SINGAPORE – Deals to take private Singapore’s real estate investment trusts (REITs) are expected to gain momentum as the companies reel under …

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Inflation, robust China growth key factors for Singapore outlook – survey

June 8, 2022
Inflation, robust china growth key factors for singapore outlook - survey - photo licensed by shore news network.

SINGAPORE – Inflation is the biggest downside risk for Singapore’s economy this year but recovery in China and a broader global travel resumption will support …

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Singapore trading platform recognises crypto assets of accredited investors

June 7, 2022
Singapore trading platform recognises crypto assets of accredited investors - photo licensed by shore news network.

By Anshuman Daga SINGAPORE – Singapore-based private securities platform ADDX said it has become the first financial firm in the city-state to recognise cryptocurrency in …

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Singapore Airlines sees no big growth risk from Boeing 777X delays

May 18, 2022
Singapore airlines sees no big growth risk from boeing 777x delays - photo licensed by shore news network.

(Reuters) -Singapore Airlines Ltd (SIA) does not expect its growth plans to take a major hit because Boeing Co pushed back the date for delivery …

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Singapore Airlines narrows annual loss, says outlook improving

May 18, 2022
Singapore airlines narrows annual loss, says outlook improving - photo licensed by shore news network.

By Jamie Freed (Reuters) -Singapore Airlines Ltd (SIA) on Wednesday posted a narrower annual loss of S$962 million ($694.08 million), at a time when demand …

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Singapore to restart work on new airport terminal as passengers return

May 16, 2022
Singapore to restart work on new airport terminal as passengers return - photo licensed by shore news network.

By Chen Lin SINGAPORE – Singapore will resume building a fifth terminal at its Changi Airport after a two-year hiatus, the transport minister said on …

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Singapore convicts two linked to $6 billion penny-stock crash

May 5, 2022

SINGAPORE – Singapore’s high court has convicted two people over what authorities consider to be the largest market manipulation case in the city-state, a joint …

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Singapore March core inflation rises at fastest pace in a decade

April 25, 2022
Singapore march core inflation rises at fastest pace in a decade - photo licensed by shore news network.

SINGAPORE – Singapore’s key consumer price gauge rose in March by its fastest pace in a decade, outpacing economist forecasts, driven by higher inflation for …

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Singapore cbank transfers $55 billion of excess foreign reserves to govt

April 7, 2022
Singapore cbank transfers $55 billion of excess foreign reserves to govt - photo licensed by shore news network.

SINGAPORE – Singapore’s central bank said on Thursday it has transferred excess official foreign reserves (OFR) of S$75 billion ($55.11 billion) to the government through …

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Singapore Press says shareholders approve acquisition by Cuscaden Peak

March 22, 2022
Singapore press says shareholders approve acquisition by cuscaden peak - photo licensed by shore news network.

SINGAPORE – Singapore Press Holdings (SPH) said on Tuesday its shareholders had approved acquisition by Cuscaden Peak, after it announced it was terminating rival bidder …

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Singapore can deploy more fiscal, monetary policy measures if needed – Finance Minister

March 22, 2022
Singapore can deploy more fiscal, monetary policy measures if needed - finance minister - photo licensed by shore news network.

SINGAPORE – Singapore’s finance minister said on Tuesday the city-state’s economy should continue to grow this year, but authorities were ready to deploy more fiscal …

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Singapore REIT Mapletree Commercial Trust adds cash-only option to $3 billion merger

March 20, 2022
Singapore reit mapletree commercial trust adds cash-only option to $3 billion merger - photo licensed by shore news network.

– Mapletree North Asia Commercial Trust’s unitholders will now have an option to receive consideration in cash from a proposed S$4.2 billion ($3.10 billion) merger …

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Pricey Singapore rents go through the roof even as population dips

March 3, 2022
Pricey singapore rents go through the roof even as population dips - photo licensed by shore news network.

By Aradhana Aravindan SINGAPORE – Home rents have risen to a seven-year high in Singapore, already one of the world’s most expensive cities, even though …

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Singapore keeps 2022 growth forecast as economy stays on recovery path

February 16, 2022
Singapore keeps 2022 growth forecast as economy stays on recovery path - photo licensed by shore news network.

By Aradhana Aravindan SINGAPORE -Singapore maintained its forecast for the economy to expand 3-5% this year as the city-state’s recovery from the pandemic slump continues, …

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Novavax COVID vaccine gets interim authorization in Singapore

February 14, 2022
Novavax covid vaccine gets interim authorization in singapore - photo licensed by shore news network.

– Novavax Inc said on Monday it had received interim authorization from the Singapore Health Sciences Authority (HSA) for its COVID-19 vaccine in adults. (Reporting …

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U.S. CDC warns against travel to Mexico, Brazil, Singapore over COVID-19

January 31, 2022
U. S. Cdc warns against travel to mexico, brazil, singapore over covid-19 - photo licensed by shore news network.

WASHINGTON – The U.S. Centers for Disease Control and Prevention (CDC) on Monday advised against travel to a dozen destinations, including Mexico, Brazil, Singapore, Ecuador, …

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