[SINGAPORE] Singapore is turning out to be a model of capital-market development for some countries in the Middle East and Africa, according to Michael Piwowar, former commissioner at the US Securities and Exchange Commission. The city-state’s legal and institutional framework offers a good example for some developing markets, particularly because it isn’t over-regulated like the […]
Read MoreDEVELOPERS in Singapore sold 928 private homes in October, down 27 per cent from the 1,270 units moved in September. However, at 1,714 units, there were more units launched for sale in September. In comparison, 892 units were released for sale in October, about half that of the previous month. Meanwhile, the number of units […]
Read MoreDBS analysts are expecting the euro to keep underperforming against the Singapore dollar, according to a research note released by the bank on Thursday. “Having broken its 1.52 support in September, EUR-SGD is looking to fall below the psychological support at 1.50. With the Fed having completed its mid-cycle adjustment after its third rate cut […]
Read MoreSINGAPORE (Xinhua) – Singapore’s retail sales declined by 2.2 per cent year-on-year in September, compared to a re-calculated four per-cent decrease in August, the Department of Statistics of Singapore announced yesterday. On a seasonally adjusted basis, the retail sales increased by 1.9 per cent month on month in September, compared to a 1.2 per cent […]
Read MoreSINGAPORE – The Monetary Authority of Singapore (MAS) will restart its effort to launch a centralised electronic know-your-customer (e-KYC) project, said its managing director Ravi Menon. “We are taking another crack at it,” said Mr Menon, at a press conference to launch the Bank for International Settlements’ (BIS) innovation hub in Singapore. “With the BIS […]
Read MoreSINGAPORE (Xinhua) – Singapore’s retail sales declined by 2.2 per cent year-on-year in September, compared to a re-calculated four per-cent decrease in August, the Department of Statistics of Singapore announced yesterday. On a seasonally adjusted basis, the retail sales increased by 1.9 per cent month on month in September, compared to a 1.2 per cent […]
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