Singapore

IHH Healthcare’s net income doubles net income to $152.1m in 3Q23

The company attributed the higher net income to higher patient volumes and improved case mix.

Real income, employment rate for residents dip in 2023: MOM

Median workers saw their real income drop by 2.3% YoY this year.

Government to pilot long-stay serviced apartments

The minimum stay for the new type of serviced apartments will be three months.

5 ways to fast-track sustainable transformation in manufacturing companies

In Singapore, only 37% of companies have implemented sustainability initiatives.

5 in 10 employees confident in keeping jobs in Singapore post-overseas relocation

In the next five years, Singaporeans also believe they can work remotely from anywhere.

Singapore net inflows hit $263.18m in 3Q23

Equity and fixed-income funds reported inflows during the quarter.

Singapore’s net interest margins to peak in 2024: S&P

NPL ratio will remain below 2% and NIMs may peak at up to 2.2%.

MOH enhances subsidy framework for medical implants

The ministry will implement the enhanced framework on 1 December.

Italy brings its strong suits to Singapore’s fintech expo

Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table.

OCBC enables customers to lock money in their accounts

Locked funds cannot be used for payments, investments, and ATM withdrawals.

MS Amlin’s S’pore political risk team grows, treaty gets new hires

Nicole Tan has been promoted whilst Jinnan Tang and Sam Lim are new members of the team.

Singlife boosts digital capabilities through partnership

Its collaboration with Qlik aims to elevate customer service and deliver better digital financial services.