RENTS for non-landed private homes slipped in October from the previous month, while those for HDB flats edged up, although they were both higher than a year ago. Overall condo rents declined 0.2 per cent from September, but rose 4.2 per cent year on year. However, they are still 16.9 per cent below their peak […]
Read MoreSINGAPORE – Singapore’s upcoming ban on advertisements of high-sugar packaged drinks will have little impact on consumer spending on beverages, said Fitch Solutions Macro Research. A lot has already been planned at an industry level, and companies have begun to adjust their products for the new regulations, said Fitch Solutions. In 2017, major sugar sweetened beverage (SSB) companies in […]
Read MoreSINGAPORE (BLOOMBERG) – The fortunes of two of Asia’s hottest property markets are diverging. Singapore is now ranked No 1 for real estate investment prospects in terms of price increases in 2020. Hong Kong, buffeted by months of violent anti-government protests, has plunged to the bottom of the list from 14th place in 2019. That’s according […]
Read MoreTHE Monetary Authority of Singapore (MAS), JPMorgan and Temasek have developed a blockchain-based prototype that enables payments to be made in different currencies on the same network. This multi-currency payments network has the potential to improve cost efficiencies for businesses, said MAS, which led its development. It is undergoing industry testing to determine its ability […]
Read More[SINGAPORE] Singapore’s welcome mat to virtual banks is going beyond its own shores. The island nation wants to become a regional hub for technology firms with advanced data expertise, said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS). Doing so would improve banking services at home and in other parts of South-east […]
Read More[SINGAPORE] The Singapore Refining Company (SRC) supplied its first cargo of very low sulphur fuel oil (VLSFO) in October 2019, the company said in a statement on Thursday. “This milestone is in line with the refinery and wider industry’s readiness to supply 0.5 per cent sulphur marine fuels from Singapore, one of the largest international […]
Read More
Thailand
