[SINGAPORE] Singapore Exchange (SGX) is in advanced stages on unveiling new guidelines that will make it easier for special purpose acquisition companies (SPACs) to list in the city-state after receiving market feedback that some proposals were too strict, four sources familiar with the matter told Reuters on Wednesday. Singapore Exchange’s regulatory arm is considering easing […]
Read MoreSINGAPORE’S services industries saw business receipts grow 16.6 per cent year on year in the second quarter, with the index recovering to pre-pandemic levels, according to Department of Statistics (Singstat) figures on Friday. On a quarter-to-quarter non-seasonally adjusted basis, business receipts were up 1.9 per cent. Singstat noted that the double-digit year-on-year growth was partly […]
Read MoreThe Logistics Business Association (Loba) and the Singapore-based Supply Chain Asia (SCA) industry body are teaming up to create greater synergy in both countries’ supply chain networks and freight industries, which are widely expected to stage a healthy recovery as the world navigates the post-Covid-19 era. A memorandum of understanding (MoU) was signed to this […]
Read MoreSINGAPORE – Singapore’s factory output continued to expand in July, though at a slower rate, thanks to the strong performance by the volatile pharmaceuticals sector, data out on Thursday (Aug 26) showed. Manufacturing output rose 16.3 per cent year on year, marking the ninth straight month of growth. However, growth eased from the revised 28 per cent expansion seen in […]
Read MoreWEALTH management experts often advise investors not to put any funds they might immediately need in the stock market. To maximise the benefit of traditionally high returns from owning stocks, and mitigate the inherently volatile nature of this asset class, investors should plan to have as long a holding period as possible. So, what is […]
Read MoreThe Straits Times: SINGAPORE – Core inflation in Singapore continued its upward trend for the sixth month running in July, on the back of higher electricity and gas costs. Core inflation, which excludes accommodation and private road transport costs, rose to 1 per cent on a year-on-year basis last month, up from 0.6 per cent […]
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