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Singapore will likely see slower growth in its financial sector in coming years as a confluence of trade and geopolitical tension clouds the economic outlook for the trade-dependent country, according to the central bank....
Real estate and real estate investment trust assets run by money managers in Singapore fell to their lowest levels in at least five years, according to a 2024 survey released on Tuesday by the city-state's central bank....
Singapore's new private home sales declined to the lowest level in six months in June, just before authorities introduced new measures to tame prices....
Singapore's economy expanded in the second quarter, avoiding a technical recession on a rise in construction activity and strong exports as businesses seek to front-run higher US tariffs....
Singapore introduces a Business Adaptation Grant to aid local firms, especially SMEs, in navigating global tariff changes, including potential impacts from US trade measures. The grant, offering up to SGD 1,00,000 per company, aims to help businesses reassess supply chains and explore new markets. SICCI welcomes the initiative, pledging support to help Indian businesses access the funds....
Mehvish Ayub, Bank of Singapore, Head of Managed Solutions Advisory, discusses Fed moves and US stocks with Bloomberg's Lizzy Burden in Dubai.
(Source: Bloomberg)...