Singapore
SG’s outbound investment drops 36.4% QoQ in 3Q23
SG’s outbound investment drops 36.4% QoQ in 3Q23
Year-on-year, outbound investment declined 62%.
3 factors that can position SG as a global halal hub
In 2022, 9.0% of total consumer spending in SG was on halal products and services.
ISCA signs MOU supporting development of accountancy entities in SG, China
The agreement will include facilitating exchange opportunities and immersion programmes for students.
Grade A office rents in Singapore declined driven by the premium segment
Specifically, those in Shenton Way / Tanjong Pagar.
Three-quarters of CEOs expect ESG investments to pay off after 3 to 7 years
About 72% of CEOs said it will benefit M&A (24%) and talent attraction (24%).
Stop all unnecessary travel to Israel and the Gaza Strip amidst rocket attacks: MFA
Singaporeans living in Israel and the Palestinian Territories must also be vigilant.
Singapore hotel average rates to rise by 7.5% in 2024
As a regional hub for business and tourism, demand growth for SG hotels will continue to increase.
Accession process underway for Costa Rica’s DEPA application
DEPA is composed of Singapore, Chile, and New Zealand.
Singlife selects consulting firm for asset allocation
The homegrown insurer is looking to sophisticate its asset allocation strategies with Ortec Finance.
Tee International seeks extension to submit revised trading resumption proposal
It requested the extension after signing a second supplemental agreement with Meta5.
Cromwell E-REIT divests Italy asset for $135.4m
Viale Europa represents 6.9% of the REIT’s net asset value.
Thales mulls hiring 1,000 people in SG
The company has 2000 people in Singapore across its four sites.
Top Glove widens loss to $86.7m in 4Q23
In 3Q23, the company only recorded a loss of $11.8m.
Changi Airport extends contract with Shilla Travel Retail until 2028
The extension covers 22 outlets across Changi Airport's terminals.
Contribution of digital economy to SG rises to $106b in 2022
The figure translates to 17.3% of Singapore's GDP last year.
3 reasons why MAS to keep policy settings ‘unchanged’
MAS will hold its monetary policy meeting no later than 13 October.
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