SINGAPORE will issue up to five new licences to digital banks and begin taking applications from August, in one of the biggest liberalisation steps taken by the city-state in years. The maximum of five new digital-bank licences to be issued in time will comprise up to two digital full-bank licences, and up to three digital […]
Read MoreTALK of recession has hit the region, and near home, Maybank Kim Eng Research is flagging that possibility for Singapore in the next quarter. Export-reliant economies are hard hit by slowing growth and supply chain disruptions caused by the prolonged US-China trade and tech war. There may be a ceasefire now in the fight between […]
Read More[SINGAPORE] Singapore will focus on regional trade and digital economic agreements to counter the impact of the US-China trade war that’s weighing on the nation’s growth prospects and prompting some economists to warn of a recession risk. It’s important that Singapore works on different types of regional arrangements to “find new pathways for growth”, S. Iswaran, […]
Read MoreCOMPANIES certified by Singapore Customs as having robust security practices will benefit from faster clearance for their goods exported to New Zealand. Singapore customs and its New Zealand counterpart inked an agreement on Thursday which recognises these companies as having lower risks. As such, they will enjoy reduced documentary and cargo inspections. Companies certified by New Zealand […]
Read MoreSINGAPORE: Singapore’s central bank is reviewing its 1.5%-2.5% economic growth forecast for this year and isn’t ruling out off-cycle monetary easing as the US-China trade war roils the export-dependent economy, its chief Ravi Menon said. Singapore’s economy is expected to grow at its slowest pace in a decade this year, and some are predicting a […]
Read MoreSINGAPORE: Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshares as well as cargo and aircraft maintenance, the companies said on Thursday. The cooperation between the airlines, which split out from Malaysia-Singapore Airlines in 1972, comes amid financial trouble at Malaysia Airlines. The […]
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