Singapore's central bank said it wouldn’t know about the number of people interested in setting up crypto firms unless they apply for a license.
We take a deeper look at what S$10,000 will buy you for this REIT ETF. The post Here’s what S$10,000 Will Buy You When You Buy Lion-Phillip S-REIT ETF appeared first on The Smart Investor.
75% of APAC’s business leaders will be looking for new career prospects in the following monthsSINGAPORE - Media OutReach - 6 October 2022 - Sparked by the global pandemic, the Great Resignation has already been happening among the C-suite in Asia Pacific for the last 2 years. In latest studies from The Page Executive Asia Pacific Talent Trends 2022 Report – The Great X, there has been a wave of resignations amongst senior leadership in Asia Pacific as over one-third of leaders polled (36%) have
Saudi Arabia, Russia and other top oil producers agreed on a major cut in production on Wednesday to boost crude prices -- a move denounced by the United States as a concession to Moscow that will further hurt the global economy.
Haidilao restaurant co-founder Shi bought a good class bungalow in September. The company’s co-founders and their family members now own at least three of the mansions.
The toll of nearly three years of COVID-19 includes millions of nurses broken by punishing hours and low pay, many of whom quit the profession and left hospitals dangerously short of critical staff.
Growth in India's services industry slumped in September to a six-month low, led by a substantial easing in demand amid high inflation, a private survey showed. The S&P Global India services Purchasing Managers' Index fell to 54.3 in September from August's 57.2, much lower than the Reuters poll expectation for a gentle drop to 57.0. Despite staying above the 50-mark separating growth from contraction for the fourteenth straight month - the longest stretch of expansion since October 2016 - the index fell to its lowest since March.
The freehold commercial shophouse, 263 Holland Avenue, on the market (Credit: CBRE)EDGEPROP (SINGAPORE) - A freehold two-storey commercial shophouse on Holland Avenue is up for sale via public tender at an indicative price of $15.5 million, or $5,565 psf on built-up area. CBRE is appointed as the exclusive marketing agent for the property.Read also: Two adjoining shophouses at Devonshire Road on the market for $15.6 milLocated on 263 Holland Avenue, the shophouse has a built-up area of 2,785 sq
An Indian court on Thursday declined to lift a freeze on Xiaomi Corp's $676 million worth of assets, even as the Chinese smartphone group said this enforcement action had "effectively halted" its operations in its key Indian market. India's federal financial crime agency, the Enforcement Directorate, froze 55.51 billion rupees of Xiaomi assets in April, alleging the company made illegal remittances to foreign entities by passing them off as royalty payments. Xiaomi, which denies any wrongdoing, challenged the asset freeze in the High Court of southern Karnataka state, saying in its legal filing it "is severely disproportionate and has effectively halted the operations" of the company.
TotalEnergies will start offering biofuels as a bunkering fuel to its customers in Singapore from next year, a senior executive at the French energy giant said on Thursday, as the company seeks to reduce its emissions in shipping. The move would reduce greenhouse gas emissions from shipping by 20-25%, said Vice President Marine Fuels Louise Tricoire. "We will be able to deliver biofuels with new UCOME (used cooking oil methyl ester) based supply chain in Singapore by 1 Jan 2023 for customers," said Tricoire at the Singapore International Bunkering Conference and Exhibition (SIBCON) 2022.
NEW DELHI (Reuters) -Indian cosmetics and fashion retailer Nykaa and Dubai-based lifestyle and fashion conglomerate Apparel Group have struck an alliance to expand in the Gulf region, the companies said on Thursday. With the agreement, Nykaa hopes to grow in a region where it sees high demand for beauty products, months after inflationary pressures in India led it to report to a "subdued season" in the three months ended June. Nykaa Chief Executive Falguni Nayar said the two companies would together build a multi-brand beauty retail business in Gulf Cooperation Council countries, with Nykaa holding a 55% stake of the entity and Apparel Group holding the rest.
The World Bank trimmed India's growth forecast for this financial year by a full percentage point on Thursday and predicted a 9.5% contraction in crisis-hit Sri Lanka, as rising commodity prices and debt trouble hit economies in South Asia. Growth estimates for the region - comprising India, Pakistan, Afghanistan, Bangladesh, Sri Lanka, Nepal, Bhutan and the Maldives - were revised down to 5.8% from 6.8% forecast in June. India's forecast was trimmed to 6.5% from 7.5%.
Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants for the rest of October from its earlier plans, as the company battles with persistent supply chain and logistical problems. Two lines at Honda's Suzuka plant in western Japan will cut production by about 20% in October, while its assembly plant in Saitama prefecture, north of Tokyo, will lower production plans by about 40% for the month. Honda blamed delays in receiving parts and logistics on COVID-19 outbreaks and semiconductor shortages.
Fortress Minerals says earnings decline in 1HFY2023 caused by lower global steel demand
CanningHill Piers in District 6’s Clarke Quay area was the most popular new project among foreign buyers so far this year (Picture: Samuel Isaac Chua/The Edge Singapore)SINGAPORE (EDGEPROP) - Despite property cooling measures implemented last December and interest rate hikes, the number of luxury condo purchases by foreigners has returned to pre-pandemic levels, according to a research report by OrangeTee & Tie.Read also: Foreign buyers purchase the most homes in Districts 5 and 19 from Jan 2020
MUNICH, GERMANY - Media OutReach - 5 October 2022 - One key way to address the global trends of an increasing share of volatile renewable energy sources and a growing electrification in mobility is to improve system integration of electricity consumers from all sectors. Implementation requires holistic thinking: from green power generation to a stable and efficient grid infrastructure to storage and consumption. Bidirectional charging contributes significantly to this by, for example, allowing t
Singapore’s mortgage rates are nearing an affordability tipping point that may hit borrowers’ disposable income and dent buyer demand.
Tighter liquidity conditions, a moderation in demand from insurers and a higher Reserve Bank of India terminal rate will likely push the 10-year Indian government bond yield to 7.90-8.00%, a top Citigroup Asia executive said on Thursday. "The second half (of fiscal 2023) will be a bit more challenging (for the Indian bond market) than the first, definitely," said Badrinivas NC, managing director, head of markets of South Asia at Citi. Indian government bond auctions went through successfully in the April-September period on strong demand from insurance companies and from banks.
Mainland Chinese buyers have scooped up the biggest number of Singapore’s private apartments this year compared with other foreigners.
Equity markets mostly fell Thursday and the pound retreated once more against the dollar on lingering recession fears despite hopes that the US Federal Reserve will tame the pace of aggressive interest rate hikes.