(Bloomberg) — Indonesia and Singapore are starting a quarantine-free travel between the two countries to spur the economy as Covid-19’s omicron cases become more dominant. A dedicated travel bubble arrangement between the resort islands of Batam-Bintan in Indonesia and the city state would boost tourism and other economic activities, according to Coordinating Minister for Economic […]
Read MoreSINGAPORE – Employers are preparing to pay workers more as the economic outlook improves and to offset two looming threats to Singapore’s recovery: inflation and a talent crunch. Bosses plan to offer average pay rises of 3.8 per cent this year, up from 3.4 per cent in 2021, noted a survey that polled 456 local […]
Read MoreCOOLING-OFF periods for account detail changes and a minimum 12-hour delay for activating mobile tokens are among the security controls that Singapore banks will have to put in place within the next fortnight. This is in accordance with additional measures introduced by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore […]
Read MoreSINGAPORE, Jan 19 — A day after Singapore’s central bank urged cryptocurrency firms not to advertise their services in public spaces, at least one company in the sector said that it will be pulling back on its marketing campaign and another has turned off its bitcoin automated teller machines (ATMs). Although views among these firms […]
Read MoreBUSINESS interruption, cyber incidents and the pandemic outbreak are top risks for Singapore businesses in 2022, according to the Allianz Risk Barometer released on Tuesday (Jan 18). The survey, which polled 2,650 people worldwide, found that 53 per cent saw business interruption as a risk in 2022, securing its position as top risk for the […]
Read MoreSINGAPORE – New private home sales in the final month of 2021 were hit by property cooling measures that kicked in in the second half of December on top of the usual year-end seasonal lull. Sales slumped 58 per cent to 650 units last month from 1,547 units in November, according to Urban Redevelopment Authority (URA) data […]
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Thailand
