MARKET volatility and Singapore’s subdued economic growth weighed on insurance sales in the first nine months of 2019. Singapore’s life insurance industry saw new business, in terms of total weighted premiums, shrink by 4 per cent to S$3 billion for January to September, compared to the year-ago period. This weaker showing is in line with […]
Read MoreSmall and medium-sized enterprises are increasingly targeted in their acquisition strategies but they continue to trail their larger counterparts when it comes to investing in startups to leverage their disruptive technologies. “We’ve noticed this shift in the last three years,” says Vikram Chakravarty, EY Asean transaction advisory services leader. “Ten years ago, we didn’t think SMEs […]
Read MoreManufacturing sentiment in Singapore remained in negative territory for a sixth consecutive month in October, as the uncertain global trade environment continues to cast a shadow over factory activity in the city-state and the region. But fruitful trade discussions between China and the US could give the sector a boost and possibly recovery by early […]
Read MoreSINGAPORE – Wage growth in Singapore is expected to ease in this year and the next, with hiring sentiment turning cautious and fewer job vacancies than unemployed persons, said the Monetary Authority of Singapore (MAS). The trade-related cluster is likely to continue trimming headcount as well, particularly in the electronics and precision engineering industries within manufacturing, […]
Read MoreSINGAPORE: Natural gas will continue to play a dominant role in generating electricity in Singapore while the state plans to accelerate the use of renewable energy, primarily solar power, in the next decade to battle climate change, a senior government official said. The cost of installing solar power has become more competitive with the use […]
Read MoreSINGAPORE – Singapore’s economy is likely to continue facing headwinds into 2020, seeing lacklustre activity over the next 18 months, said the Monetary Authority of Singapore (MAS) on Wednesday (Oct 30). Growth will be uneven across industries, with “significant uncertainties” for the trade-related cluster, the central bank added in its twice-yearly macroeconomic review. Part of […]
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Thailand
