Singapore general insurance sector in deficit due to $28m underwriting loss in 2019

In 2019, Singapore’s general insurance industry slid into red as it suffered…

Temasek’s largest shareholdings plunged S$34.24 billion in three months

The equity shareholdings of Temasek Holdings Pte (Temasek) and its subsidiaries have…

MSS report: Average sea level 14cm higher than pre-1970 levels

Global sea levels continue to rise as the world warms and the…

MAS issues “safe distancing” advisory to financial institutions to curb COVID-19 spread

The Monetary Authority of Singapore (MAS) on Tue (24 Mar) issued a…

M’sia PM Muhyiddin Yassin: EPF contributors can now withdraw RM500 monthly for one year

All Employees Provident Fund (EPF) contributors under the age of 55 can…

Short-term visitor ban trigger STI freefall following a rebound a few days before

The Rebound On Friday (20 March), the Straits Times Index (STI) ended…

MAS, MTI: Core inflation negative in February as COVID-19 battered services sector

Due to the fall in the cost of services, primarily holiday expenses…

Singapore Airlines cut 96 per cent of capacity amid COVID-19

Singapore Airlines (SIA) stated on Monday (23 March) that it will slash…

Saudi Arabia losing at oil price war with Russia

Saudi Arabia must have known that an oil crash was imminent as…

Governments provide financial aid to airlines, but with conditions

While politicians in New Zealand and the United States are outlining the…