It was driven by the wholesale trade and finance & insurance sectors. Singapore’s economy expanded by 4.4% in 2024, up from 1.8% in 2023, the Ministry of Trade and Industry (MTI) announced. The GDP …
Singapore’s economy grew 4.4% in 2024, beating forecasts and advance estimates
The ministry said Singapore’s economy expanded by 4.4 per cent in 2024, up from an earlier estimate of 4 per cent. Both the estimate and the update beat the growth forecast of around 3.5 per cent.
New verification tool to boost Singapore as a finance hub
Singapore has announced through various groups a new payments entity and an automated solution to verify bills of lading, as it moves to strengthen its position as a global finance hub.
Asian Paints to sell Indonesia business to THIS company for Rs 48 crore
Asian Paints has announced that it will sell its Indonesia business to Berger Paints Singapore. Asian Paints, which is India’s largest paint company by market share, is facing tough competition from …
Asian Paints to sell Indonesia business to THIS company for Rs 48 crore
Asian Paints has announced that it will sell its Indonesia business to Berger Paints Singapore. Asian Paints, which is India’s largest paint company by market share, is facing tough competition from …
Asian Paints to sell its Indonesia business for Rs 48 crore, will book Rs 90 crore worth of loss on divestment
Asian Paints, through its wholly owned subsidiary, Asian Paints International Pvt Ltd, Singapore, has entered into a share purchase agreement to divest its entire stake in its Indonesian operations.
Billionaire Jeffrey Cheah’s Sunway, MRT To Build $578 Million Mixed Use Project Near Singapore-Malaysia Causeway
Sunway Group—controlled by Malaysian billionaire Jeffrey Cheah—is building a $578 million mixed-use residential and commercial property in partnership with the Malaysian state-owned commuter rail …
Singapore’s Frasers Property bets on ‘China plus one’ with a half-billion-dollar industrial park in Thailand
Frasers Property, better known for its Singaporean malls and condominiums, is trying something else for its next project: An industrial park outside of Bangkok as it hopes to win companies trying to …
MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and investments in Singapore’s equities market, in its first set of …
New payments entity, automated verification tool to boost Singapore’s status as finance hub
The new entity will consolidate the administration and governance of payment schemes such as PayNow. Read more at straitstimes.com.