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Singapore joins the war on sugar with ad ban

[NEW YORK] Add Singapore to the list of headaches for sugar producers. The country, one of Asia’s biggest per capita consumers, plans to implement a ban on ads for packaged drinks with very high sugar content in a health campaign. The move joins government crackdowns on sugar consumption from Chile to South Africa. Sugar has […]

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Singapore central bank may know something we don’t

Singapore offers a small ray of light in a faltering global economy. The country that’s so intimately tied to the rhythms of global commerce dodged a recession in the third quarter, figures showed yesterday. Singapore simultaneously eased monetary policy, the first such step since 2016, as anticipated. That it did so cautiously suggests at least […]

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Singapore eases monetary policy, Q3 GDP rises

SINGAPORE: Singapore’s central bank eased its monetary policy for the first time in three years on Monday, as widely expected. In a statement, the Monetary Authority of Singapore (MAS) said it would lower slightly the slope of the Singapore dollar’s policy band, while the width and centre of the band would not be changed. The MAS […]

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Singapore’s luxury apartment market is hot, thanks to China

SINGAPORE (BLOOMBERG) – The luxury end of Singapore’s residential market is hot, and according to Colliers International Group, it’s because of increased interest from mainland Chinese nationals. While some market watchers have speculated the turmoil in Hong Kong may lead people there to buy property in the city-state, it seems that isn’t necessarily the case. […]

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Singapore keeps top spot in South-east Asia IPOs but Thailand, Philippine firms lead revival

SINGAPORE (REUTERS) – Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focused on South-east Asian consumers. Singapore still leads on overall IPOs in South-east Asia in 2019, but it has achieved this mainly through offerings of real estate and business trusts. Asset […]

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