SINGAPORE’S international visitor arrivals picked up in February from a month ago as the city-state resumed reopening its borders after a pause due to the Omicron Covid-19 wave. Around 67,760 visitors touched down in February, 18.5 per cent more than the 57,170 in the month prior, according to the latest Singapore Tourism Board (STB) figures. […]
Read MoreWITH Singapore and Malaysia fully reopening their international borders from Apr 1, UOB Kay Hian (UOBKH) is anticipating their aviation sectors to chart a strong recovery in passenger volumes and earnings over the immediate years to come. Both countries’ aviation sectors have been maintained at “market weight”. UOBKH projects Malaysia’s passenger traffic volumes to regain […]
Read MoreSINGAPORE has become the first South-east Asian country to sign the Artemis Accords, an agreement between countries to abide by certain key principles when conducting space exploration activities. Minister for Trade and Industry Gan Kim Yong signed the Accords on behalf of Singapore on Monday (Mar 28) in Washington DC. Established in 2020, the Artemis […]
Read MoreSingapore-based e-commerce major Shopee has decided to cease all its operations in India, just a few months after launching in the country in November 2021. In a statement to the press, a Shopee spokesperson said the company decided to shut down operations “in view of global market uncertainties”. Shopee also informed employees of the shutdown […]
Read MoreFEES generated from investment banking activities in Singapore fell 15.6 per cent to US$221.3 million in the year so far, compared with Q1 2021. This comes amid a decline in fees garnered from the debt capital markets (DCM), syndicated lending and advising on completed M&A (mergers and acquisitions) transactions. Meanwhile, fees generated from equity capital […]
Read MoreSoutheast Asia a very fertile ground for digital payments innovation, (BIS) Innovation Hub executive says A lot of room to grow in the internet economy in Southeast Asia, says the National Bank of Cambodia Cental banks in several Southeast Asian countries are exploring the use of digital currencies to enhance payments efficiency and to encourage start-ups and […]
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