SINGAPORE (CNA) – Business travellers from around the world will be able to stay and conduct meetings at a dedicated facility in Singapore, without the need to serve quarantine on arrival. The pilot short-stay facility, called Connect@Changi, opened yesterday as part of Singapore’s efforts to resume international business meetings amid the COVID-19 pandemic. The hotel cum […]
Read MoreHONG KONG (BLOOMBERG) – A macro hedge fund spun out of Millennium Management is building bullish positions in the Indonesian rupiah and Singapore dollar, betting that measures adopted by the two countries could boost their currencies. The Indonesian currency may appreciate as much as 4 per cent this year, bolstered by its drive to become a […]
Read MoreSINGAPORE’S key exports continued their upward trajectory in January, on the back of growth in non-electronics and electronics shipments. Non-oil domestic exports (NODX) added 12.8 per cent year on year, in the second month of increase, according to figures from trade agency Enterprise Singapore (ESG) on Wednesday. The expansion beats the median increase of 5.2 […]
Read MoreSINGAPORE: Singapore’s January non-oil domestic exports increased 12.8% from a low base last year, official data showed on Wednesday, driven by shipments of specialised machinery, non-monetary gold, petrochemicals and electronics. It marked the quickest pace of growth since June, and compared with economists’ expectations for a 5.4% rise, according to a Reuters poll. Exports climbed […]
Read MoreDECIDING on the timing of the Goods and Services Tax (GST) could prove to be a delicate challenge for the Singapore government, which is sandwiched between not just fiscal and political pressure but now recessionary pressure as well. Tax analysts that The Business Times spoke with appear divided on where the sweet spot lies, with […]
Read MoreSINGAPORE: Singapore has maintained its forecast for the economy to grow gradually this year out of its worst recession, and signalled continued support for the unemployed and vulnerable sections of the population. The economy will grow by 4.0% to 6.0% this year, said the Trade and Industry Ministry (MTI) yesterday, sticking to its forecast announced […]
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Thailand
