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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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Posted on November 23, 2020

Singapore’s Economy Contracts 5.8% in the Third Quarter Compared to a Year Ago, Better Than Earlier Estimates

The Singapore economy is now expected to shrink between 6% and 6.5% in 2020 compared to a year ago, said the Ministry of Trade and Industry.

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Posted on November 23, 2020

Malaysia begins construction for Singapore-Johor RTS Link with groundbreaking ceremony at Bukit Chagar station

Malaysia began construction for the Rapid Transit System (RTS) Link project between Singapore and Johor on Sunday (Nov 22) with a …

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Posted on November 22, 2020

Singapore, a City of Skyscrapers and Little Land, Turns to Farming

Much of Singapore’s food is imported, but coronavirus-related border closures and global trade fights have shown that near-total dependence on the outside world could spell trouble.

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