Singapore

November 23, 2018

Singapore Q3 GDP growth well below forecast, trade frictions dent outlook

SINGAPORE:� Singapore’s economy expanded at a much slower pace than initially thought in the third quarter, with the government flagging further moderation in the current quarter and warning that the US-Sino� trade� war will hurt� growth� in 2019. The weakening outlook for the prosperous city-state – a bellwether for global� growth� because international� trade� dwarfs its domestic economy – underlines a shakeout in financial […]

November 23, 2018

Singapore, Hong Kong lead talent competitiveness in Asia

The two city-states of� Singapore� and Hong Kong, a Special Administrative Region in China, lead the IMD World Talent Ranking 2018 in Asia Pacific, while Malaysia has made significant improvements in developing a domestic talent pool.� The IMD World Talent Ranking 2018 ranked countries based on three factors – workplace training, education, and language skills. Evaluating the […]

November 23, 2018

Singapore fuel oil stocks jump, imports from Iraq hit record high

SINGAPORE: Singapore fuel oil inventories jumped 13 percent to a� four-week high in the week ended Nov. 21, despite an 18 percent drop in net imports to a� two-week low, official data released on Thursday showed. – The higher inventory levels were in line with market expectations of increased arbitrage� flows into Singapore in November, compared with the […]

November 22, 2018

Singapore’s final Q3 GDP up 3% quarter-on-quarter, well below forecast

SINGAPORE: Singapore’s economy grew at a slower pace than initially thought in the third quarter, data showed on Thursday, with the trade ministry flagging growth will likely moderate further in the current quarter and next year in part due to the U.S.-Sino trade war. The economy grew 3.0 percent in the July-September quarter from the […]

November 22, 2018

Singapore infocomm media sector gets a leg up on riding emerging technological trends

THE infocomm media sector is getting a leg-up from the� Infocomm Media Development Authority� (IMDA), with a series of initiatives launched on Thursday aimed at capturing opportunities in the fast-growing services industry. The initiatives follow the unveiling of the Services and Digital Economy Technology Roadmap (SDE Tech Roadmap), which outlines efforts to help Singapore ride on emerging […]

November 21, 2018

More foreign issuers target Singapore-dollar market amid volatility

BANKERS here are hopeful that more foreign issuers will be making a beeline for the local debt market, in light of some major deals recently. They say that foreign issuers are finding the Singapore dollar (SGD) market efficient and stable, relative to the bigger – but more volatile – US/Euro dollar markets. Clifford Lee, DBS […]

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