As Southeast Asia is emerging as a new market for cross-border e-Commerce platforms, Singapore has placed itself in the midst of the action. Industry players see it as the preferred entry point to serve both local and regional markets as it offers a highly-reliable payment gateway and logistics services. The World Bank has also ranked […]
Read MoreMANILA, Philippines — Singapore-based SpaceDC is putting up the largest hyperscale data center in the Philippines. SpaceDC CEO Darren Hawkins said the firm picked the Philippines as it ranks second in terms of data center growth in Southeast Asia. “With only 47 MW (megawatt) of available capacity in the country, it is a dramatically underserved […]
Read MoreSINGAPORE – Companies here are taking the surge in Covid-19 cases fuelled by the Omicron variant in their stride as they remain confident of their ability to stay flexible and responsive to the fluid pandemic situation. This is backed by the hybrid working practices that most workplaces have put in place since the start of […]
Read MoreTHE interest rate of the 10-year Singapore Savings Bonds (SSBs) has crossed 2 per cent for the March issue. The first-year interest rate stands at 0.59 per cent while the average return over a decade is 1.79 per cent per annum. SSBs offered in any given month will pay a coupon that is linked to […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – The number of Singapore shop units that went under the hammer last year surged as the retail sector was hit by recurring Covid-19 restrictions, according to real estate consultancy Knight Frank. The number of retail properties listed for mortgagee sale jumped 62 per cent in 2021 to 84 from 52 […]
Read MoreSINGAPORE – Business optimism has receded among firms in the manufacturing and service sectors amid new Covid-19 variants and supply chain pressures. A net weighted balance of 8 per cent of manufacturers expect better business conditions in the first six months of this year than in the fourth quarter of 2021, according to a survey from […]
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Thailand
