SINGAPORE – The city’s regulators are looking at making it harder for the public to buy cryptocurrencies, but will not ban such trading activities. The Monetary Authority of Singapore (MAS) is contemplating having customer suitability tests and restricting the use of leverage and credit facilities for crypto trading, its chief Ravi Menon said at a […]
Read MoreSINGAPORE – Manufacturing output in Singapore rose by a meagre 0.6 per cent in July, weighed down by a drop in electronics and biomedical production, according to data released by the Economic Development Board (EDB) on Friday (Aug 26). July’s scant growth was also well below the 5.3 per cent increase forecast by economists in a […]
Read MoreDomino’s Pizza Enterprises (ASX: DMP) has matched its largest ever store expansion with plans to bed down the biggest acquisition in the company’s history by snapping up the existing Domino’s Pizza businesses in Cambodia, Malaysia and Singapore for $214 million. The acquisition, which could be worth as much as $356 million if earn-out bonuses are […]
Read MoreExperts share tips, as recent Singapore study suggests a worrisome trend: Spending is not keeping pace with earnings The prognosis is stark. Inflation in Singapore has hit levels not seen in over a decade – and prices are not easing anytime soon. The rising cost of living is also the biggest worry among Singaporeans, reveals […]
Read MoreSINGAPORE’S core inflation rose to a new high of 4.8 per cent in July, the second straight month in which it exceeded the 4 per cent rate last breached during the global financial crisis, according to consumer price index figures from the Department of Statistics on Tuesday (Aug 23). This was a hair above economists’ […]
Read More(Bloomberg) — Singapore’s key core inflation measure climbed to the highest level in almost 14 years last month, heaping pressure on monetary policy makers to do more to fight price gains. The core inflation gauge, which excludes private transport and accommodation, rose 4.8% in July from a year ago, according to a joint statement from […]
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