SINGAPORE: Singapore plans to widen its quarantine-free travel programme to include fully vaccinated individuals from South Korea and the United States as the financial hub moves cautiously to reopen its borders. Fully vaccinated travelers can travel between the city-state’s Changi airport and South Korea’s Incheon airport, taking Covid-19 Polymerase Chain Reaction (PCR) tests instead of […]
Read MoreSINGAPORE – Retail sales in Singapore fell in August from a year ago, with motor vehicle sales taking a hit amid a lower certificate of entitlement quota this year. Takings at the till dropped 2.8 per cent year on year in August, snapping six months of increases that owed much to comparisons with last year, which […]
Read MoreSINGAPORE’S banking system has “insignificant” exposure to China Evergrande Group, and less than 1 per cent of its non-bank direct lending is exposed to China’s property sector, a Parliamentary reply this week showed. Exposures to Singapore property developers with operations in China are a further 2.5 per cent of loans to non-bank customers. But this […]
Read MoreSINGAPORE – Manufacturing activity in Singapore suffered a second month of decline but maintained its expansionary course for the 15th month in a row, thanks to the electronics sector’s continued resilience to a host of challenging supply chain issues. However, analysts warned that electronics, which accounts for about a quarter of Singapore’s exports, may be […]
Read MoreSINGAPORE – The proportion of slow payments in transactions by local firms surged to a one-year high in the third quarter of this year, led by delays in the construction, wholesale and service sectors, the Singapore Commercial Credit Bureau (SCCB) said on Tuesday (Oct 5). Delayed payments accounted for more than half of total payment transactions […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Singapore recorded $5.2 billion in outbound real estate investment deals in the third quarter of this year, representing a 53.9 per cent growth from the $3.4 billion transacted in the same period last year, according to Real Capital Analytics data. This was highlighted in a report by Knight Frank analysts on Tuesday […]
Read More
Thailand
