Tag: Singapore
What Does 8% Growth Mean For Asia When Thousands Are Still...
A tiny financial center of 5.7 million people is gradually preparing for life after the pandemic, as vaccination rates increase, social distancing measures ease...
Vietnam and Singapore Begin Negotiations on Digital Trade Agreement
On June 21, Vietnam and Singapore agreed to set up a joint technical working group on Digital Partnership, examining the potential for developing a bilateral...
Singapore’s aging street food hawkers get help from Instagram
Seah Hui Li rises before dawn every morning to make 400 traditional steamed buns filled with creamy red bean paste to sell in one...
Southeast Asia Faces Long Road Back to Previous Growth: Survey
The prolonged Covid-19 pandemic is clouding economic projections for Southeast Asia, with most countries not expected to return to pre-pandemic growth levels for several...
Singapore’s Millionaires Count Expected to Surge 62% by 2025
Singapore's count of millionaires could increase by more than 60 per cent from 2020 to 2025, according to Credit Suisse Group, part of a...
U.S. Firm Global Foundries Invests $4 Billion in Singapore Chip Plant
U.S.-headquartered semiconductor manufacturer GlobalFoundries announced Tuesday that it will build a new fabrication plant in Singapore to meet the unprecedented global demand for chips.
The...
Emerging Asia Faces Capital Outflow Risk As U.S. Fed Signals Rate...
Capital has started to pour out of Asian emerging markets as coronavirus outbreaks slow the region's economic recovery while investors price in the likelihood...
Philippines Tops Asian Forecasts For Lower GDP, Faster Inflation
Philippine inflation may remain above 4% this year, complicating government efforts to salvage the economy from the havoc wrought by the pandemic.
Economists have raised...
Singaporean Automotive Marketplace Carro Raises $360 Million to Become Unicorn
Singapore-headquartered Carro, a Southeast Asian online automotive marketplace, said on Tuesday it has raised $360 million in its latest funding round led by SoftBank...
Economists Expect Singapore’s Economy to Grow Faster This Year, Survey Shows
Singapore's economy is likely to expand at a quicker pace this year than previously expected, as faster growth in manufacturing, non-oil domestic exports and...
Singapore to start easing COVID-19 restrictions after infections fall
Singapore will start a phased easing of its COVID-19 restrictions from next week, including allowing up to five people to gather from two currently,...
Grab and GoTo IPOs could spawn more Southeast Asian Startups
The public listings for two of Southeast Asia’s tech giants will likely pave the way for more high-growth businesses to emerge from the region,...