THE Singapore Business Federation (SBF) on Monday said the Republic cannot afford to close its borders completely to foreign workers. The apex business chamber also said it welcomes the increase in foreign worker levy rebates for the construction, marine shipyard and process sectors announced on Saturday. On the closing of borders, SBF chief executive Lam […]
Read MoreSINGAPORE – A $10 million pilot programme to support large and established Singapore-based companies to venture into new growth areas beyond their existing core businesses was launched on Thursday (May 6). The Corporate Venture Launchpad programme will enable such companies to keep ahead of competition and disruption with innovative products, services and business models, said […]
Read MoreSINGAPORE retail sales rose 6.2 per cent year on year in March, with a low base effect likely to boost April’s figures as well, said economists. But the trajectory from there will depend on whether the tightened Covid-19 measures in May persist beyond their intended three-week duration, they added. “While April data is likely to […]
Read More[SINGAPORE] Travel on compassionate grounds between Singapore and Malaysia will be allowed from May 17, amid Covid-19 restrictions that ban the bulk of cross-border movement. The details of such travel arrangements will be released later, but these will include steps like testing visitors for the coronavirus as well as the need for quarantine, said Singapore’s […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Bank lending continued its growth streak in March, rising 0.7 per cent on higher housing loans, data from the Monetary Authority of Singapore (MAS) showed on Friday (April 30). Loans through the domestic banking unit – which captures lending in all currencies but reflects mainly Singapore-dollar lending – stood at $691.23 […]
Read MoreThe Bank of Thailand (BoT) and the Monetary Authority of Singapore (MAS) have embarked on a digital payment linkage between the two countries via the PromptPay and PayNow systems. The Thai central bank and the central bank and financial regulatory authority of Singapore on Thursday unveiled the linkage of Thailand’s PromptPay and Singapore’s PayNow real-time retail […]
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