SINGAPORE’S banking system may be among the first to recover to pre-Covid-19 levels, S&P Global Ratings said in a report on Thursday. The Republic’s banking system was identified as an “early-exiter” with low negative impact when it comes to recovery prospects for banking jurisdictions. Expected recovery will be by the end of 2022. S&P said […]
Read MoreOVER 80 per cent of Singapore investors remained invested in the markets, even as the value of their investments has fallen due to the coronavirus outbreak, according to a survey by Fidelity International published on Thursday. The investment management firm polled 2,434 investors in Singapore, China, Hong Kong and Japan from July 29 to Aug 3. […]
Read MoreSINGAPORE’S core inflation in August eased slightly from its decade-low point in July but remained in negative territory for the seventh straight month. The figure, which strips out private transport and accommodation costs, rose to -0.3 per cent year on year, up marginally from the -0.4 per cent seen in July 2020, according to data released […]
Read MoreSINGAPORE consumers are shifting towards online banking and online shopping amid the coronavirus pandemic, while also pivoting to better money management and mindful spending, a survey by Standard Chartered (StanChart) has found. The effects of the Covid-19 outbreak has “led to the emergence of a cashless and cautious consumer”, the bank said in a press […]
Read MoreSINGAPORE – A survey of 1,500 employers and workers here has found that most employers expect a talent crunch this year, even as employees polled said they expect pay rises when switching jobs that are 10 percentage points higher than average expectations last year. Among employers’ top concerns are a lack of candidates with necessary […]
Read MoreSINGAPORE – Financial services firm GoBear and cashback platform ShopBack are among 10 Singapore start-ups to watch, according to networking site LinkedIn. The top 10 have remained resilient despite the coronavirus pandemic and have continued to draw investments and hire new workers, LinkedIn said on Tuesday (Sept 22). It compiled the inaugural list by assessing […]
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