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Thailand, Singapore discuss e-payment alliance

Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash. The link would bring together Southeast Asia’s first national digital-payment platforms, Singapore’s PayNow and Thailand’s PromptPay, said Naphongthawat Phothikit, director of payment systems policy at […]

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Singapore: Cash flow woes for construction firms worsen in Q3 as slow payments rise across all sectors

SINGAPORE – Slow payments rose for local companies across all sectors in the third quarter of this year, with the cash flow woes of already worst-hit construction firms worsening. According to the latest quarterly survey by the Singapore Commercial Credit Bureau (SCCB), slow payments rose to slightly more than two-fifths of total payment transactions while […]

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Singapore home price index rises

SINGAPOREk: Singapore’s private home prices rose for the first time in four years in the third quarter, marking a possible turning point for the sector, with analysts expecting clearer signs of a property market recovery in 2018. The private residential property index rose 0.5% to 137.3 in the third quarter, after easing 0.1% in the […]

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Singapore Q3 home prices rise for first time in 4 years

SINGAPORE: Singapore’s private home prices rose in the third quarter for the first time in four years, ending a stretch of 15 consecutive quarters of declines, the government’s preliminary estimates showed on Monday. The private residential property index rose 0.5% to 137.3 in the third quarter, after easing 0.1% in the second quarter, the Urban […]

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