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Posted on January 7, 2024

More than three-quarters of Singapore businesses feel pessimistic about next 12 months: Singapore Business Federation

The survey involved 1056 companies, with top challenges like increase in business costs and manpower costs as key factors.
Posted on January 7, 2024

Saudi Arabia’s fund has a gargantuan appetite for deals

The Public Investment Fund spent more money than Singapore’s GIC last year and the pace is likely to accelerate …
Posted on January 7, 2024

53 prisoners escape from prison in Indonesia

JAKARTA – A total of 53 inmates escaped from a prison at around 11am (10am Singapore time) in Sorong of South-west Papua Province in east Indonesia on Jan 7, said officials.
Posted on January 7, 2024

Higher costs are still the biggest challenge for Singapore businesses in 2024

SINGAPORE: The Singapore Business Federation’s (SBF) most recent National Business Survey 2023/2024, released on Friday (Jan… The post Higher costs are still the biggest challenge for Singapore busi …
Posted on January 7, 2024

Vietnam, Philippines, other Asia-Pacific sovereigns face credit downgrades from flood risk if they fail to adapt: Fitch

Many’ sovereigns in south and southeast Asia are at risk of negative rating action, with Singapore as the exception, the company says International financing for adaptation and green transition purposes is likely to fulfil only a small portion of overall funding needs,
Posted on January 6, 2024

Best fixed deposit rates in Singapore (January 2024): Rates up to 3.8%, minimum deposits from $500

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account …
Posted on January 6, 2024

What’s ahead for Singapore in 2024

With 2023 firmly in the rear-view mirror, Insight highlights what to look out for in 2024. Read more at straitstimes.com.
Posted on January 6, 2024

Can Singapore Keep Cheating Recession In 2024?

Highly trade-dependent economies like Singapore will be hardest hit by these monetary tightening measures. Singapore’s trade-to-GDP ratio was 336.86 …
Posted on January 5, 2024

Saudi Arabia’s state fund has a gargantuan appetite for deals

The Public Investment Fund spent more money than Singapore’s GIC last year and the pace is likely to accelerate …
Posted on January 4, 2024

Singapore rejects claims it’s being ‘used as a platform’ for Indonesia’s presidential election

In dismissing the allegations, analysts said Singapore was warning the 250,000 Indonesians living there not to ‘conduct political campaigning or fundraising’ on foreign soil.

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