AN online portal that links up governments, developers and financiers has been launched by Infrastructure Asia, a government office set up by Enterprise Singapore and the Monetary Authority of Singapore to support infrastructure development. Announcing its launch at the Asia Infrastructure Forum on Tuesday (Aug 2), Second Minister for Finance Indranee Rajah said the portal […]
Read MoreSINGAPORE, Aug 2 — A study by DBS bank has found that the monthly expenses of its customers grew 22.2 per cent this May compared to May last year, which is twice that of their income growth of 11.1 per cent in the same period. Releasing the findings on Monday (Aug 1), DBS said that […]
Read MoreSINGAPORE: The global inflation wave that has crashed onto Singapore’s shores is hitting households harder as they pile up more expenses while incomes aren’t keeping up. That’s the conclusion of DBS Bank analysts, who dissected data from 1.2 million retail customers, anonymous and aggregated, to understand the impact and implications of soaring price growth in […]
Read MoreTHE incomes of 40 per cent of DBS customers are not keeping up with inflation, the bank’s research unit said in a report on Monday (Aug 1), flagging that low-income individuals and baby boomers are particularly vulnerable. Among customers sampled by DBS, 21 per cent had their incomes grow less than 5 per cent year […]
Read MoreCambodia urged more investment from Singapore businesspeople, pointing out the advantages of its newly introduced investment law. More sectors are eligible for incentives under the new investment law, Sok Chenda Sophea, Minister attached to the Prime Minister and Secretary-General of the Council for the Development of Cambodia (CDC) said while delivering his keynote address at […]
Read MoreSINGAPORE’S factory production growth slowed to 2.2 per cent in June, down from 10.4 per cent in May, as the sector was dragged down by softer electronics output and declines in pharmaceuticals and chemicals. Excluding the volatile biomedical manufacturing cluster, industrial production rose by 4.2 per cent year on year in June, according to preliminary […]
Read More
Thailand
