Singapore
Singapore’s finance and insurance industry shrank 0.9% in Q1
Singapore’s finance and insurance industry shrank 0.9% in Q1
Banks saw a decline in net fees and commissions during the first three months of 2023.
Total employment up for sixth straight quarter
The services sector reported over 27,000 new hires, of which over 5,000 are migrant domestic workers.
Singapore’s total merchandise trade down 7.8% in Q1
EnterpriseSingapore foresees that exports will decline 10% to 8%.
Singtel’s full-year net profit increases 14%
Travel revival and 5G adoption boosted the telco firm’s earnings.
Economy slows to 0.4% growth in Q1
The recovery of international visitor arrivals propels growth in accommodation and IT sectors.
Telco company and global tech firm form JV to launch digital telco brands
e&international will also benefit from digital expertise and global operations.
GDP to expand 0.5% to 2.5% in 2023: MTI
External demand outlook has weakened as US, Eurozone economies decelerate.
Daily Markets Briefing: STI down 0.22%; CapitaLandInvest is most active stock
Next to CapitaLandInvest is UOL.
Changi Airport crowned as best airport for stopovers
The airport also ranked first in food and retail service satisfaction.
MOM introduces new measures for workplace safety as HSP ends
The government said it reduced workplace death rates but not major injury rates.
OCBC Bank, ADDX to issue tokenised equity-linked notes
The 3-month fixed notes linked to the shares of a US tech company.
PM Lee orders speedy review on ministers’ rental of state properties
The Singapore Land Authority (SLA) said the two residential properties were rented.
Singapore is most attractive market for doing business: report
The Lion City will have the best business environment over the next five years.
Shell cuts crude oil imports after extending mooring repairs: report
Its Pulau Bukom refinery received only 3 million barrels in May.
Educational HCP Portal wins the SBR National Business Award for Healthcare Technology
The initiative revolutionises medical education and collaboration.
Moove Media receives top advertising award for ‘The Great Wall’
The digital 40-meter wall at Dhoby Ghaut MRT interchange instantly became a recognisable landmark.
Lendlease Global Commercial REIT receives award for transformational acquisition of Jem
LREIT achieved multiple milestones when the deal was completed.
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