Finance

by Amit Roy Choudhury, IPI Singapore A key theme that came out of the discussions during TechInnovation at SFF x SWITCH (Singapore Fintech Festival x Singapore Week of Innovation and Technology) was that Singapore can play a leadership role in the field of innovation and sustainable development which looks at developing technology solutions to tackle the environmental challenges that the …

Singapore’s private residential property surplus may take as long as four years to be cleared, according to the head of research for Singapore and Southeast Asia at global commercial real estate services firm Cushman & Wakefield Plc in a report by Bloomberg on Mon (9 Dec). Speaking to Bloomberg, Christine Li added that private residential property sales have reached an average of 2,500 …

A global survey of institutional investors commissioned by financial automation software leader BlackLine, Inc reveals that 92% of Singapore investors believe companies in their portfolio often resort to legal but ‘creative’ accounting tactics in order to attract or satisfy investors, causing investors to increase scrutiny over portfolio company financials. The survey, which covered over 760 institutional investors across the world including …

The Government should provide Housing Development Board (HDB) flat owners with an affordable one-time top up of the 99-year lease after 50 years, according to three industry experts and academicians from ground-up imitative, Future Of Singapore . In their public housing policy paper Addressing Singapore’s Key Housing Problems: Asset Protection, Affordability and Access, Chief Executive Officer of International Property Advisor …

Creative Nation, a new social impact organisation, will officially be launched this coming Saturday (7 Dec) with the support of the National Youth Council of Singapore (NYC). This event will be Singapore’s first-ever youth-driven social impact convention. The Creative Nation launch, which will be held at the Marina Bay Sands Expo & Convention Centre, Cassia Ballroom, Level 3, from 11am …

Asian markets mostly fell Thursday as optimism over the China-US trade talks took a jolt after Donald Trump signed into law a bill recognising Hong Kong’s rights, prompting an angry response from Beijing. Global equities have been surging in recent weeks — with Wall Street hitting multiple records — on expectations the much-vaunted negotiations would result in a partial pact …

The Government is currently working to construct a national Budget that will be “strong” enough to withstand any potential escalation in tensions between the United States and China — two of the world’s economic powerhouses — and other forms of economic and political changes, said Prime Minister Lee Hsien Loong. Speaking to Singapore media at the end of the Association …

According to official data released by the Ministry of Trade and Industry (MTI) on Thursday (21 November), Singapore narrows its annual forecast for economic growth to between 0.5% to 1%. This is because the economy for the third quarter is slowly improving. This is the third revision in the country’s growth forecast for this year, which was previously marked to …

The impact of stress-related conditions on Singapore’s health system conservatively equates to US$2.3 billion of spend (approximately S$3.18 billion) or 18% of health expenditure, according to a new global report published today (21 Nov) by Cigna and Asia Care Group. The in-depth research study, which examined nine key markets worldwide, found that between 4% and 18.8% of health spending is …

Earlier today (21 Nov), Gojek announced that it will be signing a Memorandum of Understanding (MOU) with Esso to strengthen their strategic relationship and bring greater benefits to its driver-partners. Esso, which is a brand of oil and gas company ExxonMobil Asia Pacific Pte Ltd, runs the largest network of service stations in Singapore and will continue to be Gojek’s …