[SINGAPORE] Bank of Singapore, the private bank of Oversea-Chinese Banking Corp, is looking to expand its family office business as the city-state rolls out the red carpet for wealthy investors. “We are seeing increasing demand for families moving into the next generation to set a proper structure in place to manage family wealth,” chief executive […]
Read MoreSINGAPORE: Singapore’s central bank chief said that there is now a real risk of a trade war that could deal a devastating blow to the global economy. US President Donald Trump has recently imposed tariffs on steel and aluminium imports, sparking threats of retaliation from some trade partners, and called on China to cut its […]
Read MoreAS the Singapore economy picked up last year, the labour market also improved, with higher employment levels for locals. Layoffs fell, while incomes for Singaporeans also rose, both at the median and 20th percentile levels. Trends shown in the official full-year data, released by the Manpower Ministry (MOM) on Thursday, largely confirmed the preliminary data […]
Read MoreSMALL businesses in Singapore expect this year to be a prosperous one, with most respondents in a recent survey expecting both their businesses and Singapore’s economy to grow. CPA Australia’s eighth annual Asia-Pacific Small Business Survey revealed that some 57 per cent of local businesses surveyed were increasingly confident about their growth opportunities, despite a […]
Read MorePRIVATE-SECTOR economists have flagged the threat of a global trade war as the biggest downside risk for Singapore’s economy, even as they raised their 2018 growth forecast for the second consecutive time. In the Monetary Authority of Singapore’s quarterly survey of professional forecasters, out on Wednesday, trade protectionism was the top downside risk, cited by […]
Read MorePRIVATE-SECTOR economists have raised Singapore’s 2018 economic growth forecast for the second consecutive time, expecting growth of 3.2 per cent, up from an earlier prediction of 3.0 per cent in December. They expect growth to moderate to 2.8 per cent in 2019, according to the latest quarterly survey of professional forecasters by the Monetary Authority […]
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Thailand
