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…
Australia, Singapore sign ‘green economy’ pact
By Lewis Jackson SYDNEY (Reuters) – Australia and Singapore agreed on Tuesday on a “green economy” deal to boost cooperation on climate investment, financing and technology. Singapore Prime Minister Lee Hsien Loong…
Convicted Fugitive Who Escaped Justice for 30 Years Extradited From Singapore to United States to Serve Sentence for Bank Fraud, Embezzlement
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 U.S. Attorney for the Northern District of…
Singapore exports rise 3.1% year-on-year in September, missing forecasts
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 due to declines in shipments for the…
Singapore announces S$1.5 billion support package for all Singaporean households
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 over the rising costs of living in…
Singapore GDP growth to ease in Q3, keeps MAS in delicate balancing act: Reuters Poll
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 challenge as it balances the urgency of…
Singapore bank OCBC appoints audit head Goh Chin Yee as new group CFO
(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 the new group chief financial officer. Goh…
U.S. targets Singapore, Marshall Islands firms in new North Korea sanctions
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 a fuel procurement network that Washington said…
Sri Lanka looks to revive free trade deal with Singapore
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 premier on Tuesday, his office said in…
Singapore hoping special visa will draw global ‘rainmakers’
SINGAPORE (Reuters) – Singapore is hoping a special work visa will make it more competitive in attracting “the rainmakers of the world”, its manpower minister said on Monday, as it seeks to…
Standard Chartered rolls out digital bank in hot Singapore market
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 the heels of digital bank launches by…
Economists cut Singapore growth forecasts, raise inflation – survey
SINGAPORE (Reuters) – Economists have cut growth forecasts and upped inflation expectations for Singapore, according to a central bank survey, published on Thursday, with a global slowdown seen as the biggest risk…
Crypto lender Hodlnaut granted creditor protection by Singapore Court
(Reuters) – Hodlnaut said on Tuesday it has been placed under interim judicial management by the Singapore High Court, after the troubled cryptocurrency lender suspended withdrawals earlier this month. Judicial management allows…
Singapore introduces new work visa rules to woo foreign talent
SINGAPORE (Reuters) – Singapore on Monday announced new work visa rules to woo foreign talent as the Asian financial hub looks to bolster its recovery from the COVID-19 pandemic. The measures include…
Singapore July manufacturing output up 0.6% y/y, misses forecast
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 biomedical manufacturing, official data showed on Friday.…
Singapore financial regulator imposes $9 million fine on commodity trader Noble Group
(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 and 2016, the Monetary Authority of Singapore…
Singapore lender UOB posts 11% rise in Q2 net profit
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 interest income amid increasing interest rates. “This…
Singapore Airlines swings to profit as passenger traffic improves
(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 traffic year on year thanks to an…
Singapore Exchange, NYSE join hands for company dual listings, ETFs
(Reuters) – Singapore Exchange Ltd (SGX) said on Friday it will team up with the New York Stock Exchange for dual listing of companies on both the bourses, allowing investors to tap…
South American Mercosur bloc, Singapore conclude trade pact talks
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 agreement – finalized during a meting attended…
Singapore minister says India needs higher economic growth to create jobs
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, Singapore’s minister Tharman Shanmugaratnam said on Friday.…
Singapore Airlines expects to inch closer to pre-pandemic capacity by 2022-end
(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 skies after the easing of COVID-19 curbs.…
Singapore May manufacturing output up 13.8% y/y amid chip shortage
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 global semiconductor chip shortage, official data showed…
Singapore May core inflation rises 3.6%, just above forecast
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 and utilities, official data showed on Thursday.…
Indonesia looks to plug shortage of chicken supplies in Singapore
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, as the city-state scrambles to find alternative…
Singapore hospitality trusts seen as ripe for more take-private deals
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 rising interest rates and fierce competition to…
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