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Singapore’s Shopback targets more Philippine users

MANILA, Philippines — Singapore-based startup Shopback is aiming to increase the number of users and total spend for the cashback reward provided to shoppers this year as it takes advantage of opportunities in the fast growing e-commerce market in the Philippines. Shopback Philippines country manager Prashant Kala said the startup is aiming to see […]

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Singapore’s Investment in Indonesia Up 38 Percent

TEMPO.CO, Jakarta – Singapore’s new investment in Indonesia reached US$5.04 billion or rose 38 percent in the first half of the year compared with the same period last year. In the whole of 2017, Singapore’s new investment was valued at US$8.44 billion in the country, Industry Minister Airlangga Hartarto said on Sunday. Meanwhile, Indonesia’s exports of non-oil/gas commodities to Singapore were valued at US$9 billion making that neighboring country the fifth largest destination of Indonesia’s exports of commodities other than oil and […]

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Singapore market still singing trade war blues

BEGUN, the trade war has. And the wall of tariffs dividing the US and China could stretch well beyond 2019, pundits say, making bargain hunting in affected Singapore stocks a difficult proposition. Credit Suisse’s private banking research head for South-east Asia Kum Soek Ching told The Business Times: “Anyone going into the Singapore market now […]

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