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Singapore’s headline, core inflation both ease in October

SINGAPORE’S headline and core inflation both eased in October, contrary to economist expectations that they would hold steady. Headline inflation was 0.4 per cent in October, down from 0.5 per cent the month before, according to Department of Statistics figures on Monday. Core inflation, which excludes accommodation and private road transport costs, was 0.6 per […]

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Singapore businesses see Myanmar as ‘potential gold mine’

Myanmar is a “potential gold mine” and the “last frontier for” investors despite its low ranking in ease of doing business, said a Singaporean investor at a business to business matchmaking event in early November. MyanmarBizConnect Group, a local business matchmaking group, the Singapore’s Association of Small and Medium Enterprises (ASME) and Malaysia’s RHB Bank […]

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Analysts less negative about Singapore’s July-Sept earnings

DESPITE blue-chip counter Singtel posting its unprecedented quarterly loss, analysts were less negative about the general financial performance of Singapore-listed companies for the recent quarter. As at Nov 14, a total of 443 companies listed in Singapore had released their financial results for the July-September quarter. The number of corporates that performed poorer and those […]

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UnionBank, UBX become first Philippine partners for the MAS Business Sans Borders

Union Bank of the Philippines’s fintech subsidiary UBX has become the first Philippine partners for the Monetary Authority of Singapore (MAS) Business Sans Borders (BSB) project.  The partnership allows UBX’s SME platform, Sentro, to be integrated in the BSB system, enabling SMEs from both markets to discover cross-border business opportunities said UBX in a release […]

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