SINGAPORE – Bank lending in Singapore was down 0.3 per cent in December from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) on Wednesday (Jan 31) showed. This reversed from the 0.6 per cent month-on-month gain in November. Loans through the domestic banking unit – which captures lending in all currencies, […]
Read MoreSINGAPORE – More companies in the services and manufacturing sectors still expect business prospects for the next six months to improve, but sentiment for both have dipped since the previous quarter. Results of two surveys on firms’ business expectations for January to June 2018 were released separately on Wednesday (Jan 31). The Economic Development Board […]
Read MoreSINGAPORE – Singapore is expected to attract $8 billion to $10 billion in fixed asset investments in 2018, comparable to the previous two years, the Singapore Economic Development Board said at its year-in-review briefing on Tuesday (Jan 30). But the number of jobs this will generate is forecast to be lower than in the past […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – More targeted measures are needed for companies to drive innovation, with the expiry of the Productivity and Innovation Credit (PIC) scheme this year, said small and medium-sized enterprises (SMEs) and observers. If not, Singapore’s standing as a research and development (R&D) hub may be impacted, as well as its ability […]
Read MoreSINGAPORE monies that went into overseas real-estate investments last year rose by about 40 per cent to a record US$28.4 billion, up from US$20.4 billion in 2016 and upending the last high of US$27.6 billion in 2015. Sovereign wealth fund (SWF) GIC had a hand in all three of Singapore’s largest outbound property deals in […]
Read MoreONLY 14 per cent of small and medium-sized enterprises here intend to expand ovearseas while almost half had no interest in taking their business beyond Singapore in the near future, a survey found. In the poll by QBE Insurance of more than 400 firms, 45 per cent said that they will not explore expansion across […]
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