Red flags for Singapore economy as exports slump
(16 Jul) - Exports in wealthy trade-dependent Southeast Asian nation Singapore continued to slump in June, contracting well below expectations and economists say this could weigh on economic growth in the second half of the year. The tiny island-nation's non-oil exports fell 8.8 percent year on year in June, almost double the...
Investment firm raided in Qatar now being set up in Singapore
The QFCRA warned investors against dealing with investment firm Portable Fund. (16 July) - Qatar has warned Singaporean authorities of an investment firm which has moved its headquarters to the Asian country days after Qatari authorities raided its Doha offices and arrested the CEO over false claims the firm was licensed to...
S’pore Home Sales Climb as Moody’s Cuts Outlook for Banks
Condominiums and houses, foreground, and public housing blocks, middle ground, stand against the skyline of the Central Business District in Singapore. (16 July) - Singapore’s June home sales rose for a second month to the highest since a March record as Moody’s Investors Service cut its outlook for the city’s banking...
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