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Tag: Singapore

Posted on November 25, 2020

Singapore Pushes Digital Banks in Face of Fintech Crackdowns

Nov.24 — The head of Singapore’s financial regulator says tightening scrutiny hitting Chinese fintech applicants such as Ant Group or Bytedance will not have an impact on its plans for digital …

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Posted on November 24, 2020

Singapore’s small merchants concerned about pandemic survivability: Amex survey

American Express has brought its “Shop Small” campaign to Singapore to help small businesses ride out the hit from the coronavirus pandemic longer, says country manager Ho Fat Wai.

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Posted on November 24, 2020

Last COVID-19 cluster closes; no active cluster in Singapore for the first time since pandemic began

SINGAPORE: The last COVID-19 cluster in a migrant worker dormitory has closed, meaning there are no active clusters in Singapore since the …

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Posted on November 24, 2020

In Singapore, AMEX Research Shows Business Improvement, But Concerns Remain

Almost half of Singapore businesses reported improved sales in September and October 2020 compared to the same period a year ago, according to research.

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Posted on November 24, 2020

Singapore Fintech startup Sleek secures US $4M from Enterprise Singapore’s SEEDS Capital and business angels

Sleek, a fintech startup that is disrupting the traditional corporate services industry, has raised US $4M in a new funding round. Led by SEEDS Capital, the investment arm of Enterprise Singapore, the …

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Posted on November 24, 2020

Singapore, Saudi companies push Indian solar tariffs to record low

The Indian units of Singapore-based Sembcorp Industries Ltd and Saudi Arabia-based Aljomaih Holding Co won government auctions to sell solar power for a record low of 2 rupees ($0.0270) per kilo watt …

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Posted on November 23, 2020

Stocks in Asia-Pacific rise; airline shares in Hong Kong and Singapore decline

Shares of airlines in Hong Kong and Singapore slipped on Monday after an anticipated air travel bubble between the two cities was delayed.

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Posted on November 23, 2020

Singapore revises growth outlook again as Q3 GDP shrinks at slower 5.8% amid COVID-19

The Singapore economy is expected to shrink between 6 per cent and 6.5 per cent this year, said the Ministry of Trade and Industry …

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Posted on November 23, 2020

EMERGING MARKETS-Thailand shares scale 5-month high; recovery hopes lift Singapore

World FX rates * Thailand benchmark hits highest since June 11 * Singapore to return to growth in 2021 – govt * Japan stock markets closed for the day By Shruti Sonal Nov 23 (Reuters) – Thailand …

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Posted on November 23, 2020

Singapore’s economy is set to rebound in 2021 as third-quarter contraction slows

The Singapore economy is is expected to bounce back to grow by between 4% and 6% next year, said the Ministry of Trade and Industry.

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