Singapore to extend debt relief scheme World

Singapore to extend debt relief scheme

Singapore will soon adjust its debt moratorium schemes, with the regulator looking to extend the programmes to certain borrowers beyond December 31 this year, while also ensuring that those with the ability to pay should begin repayment before the moratoriums expire.
PM attends Standard Chartered-ASEAN Business Forum 2020 ASEAN

PM attends Standard Chartered-ASEAN Business Forum 2020

As ASEAN Chair 2020, Vietnamese Prime Minister Nguyen Xuan Phuc attended and delivered a speech at the Standard Chartered-ASEAN Business Forum 2020 themed “Unlocking the region’s potential”, which was televised on international medial channels.
Singaporean banks record spike of deposits  World

Singaporean banks record spike of deposits

Singapore is witnessing a jump in deposits in local banks, which reflects investors' risk aversion and inflows from other markets, including Hong Kong (China), said Bloomberg Intelligence.
Singaporean economy forecast to expand 0.7 pct in 2019: MAS World

Singaporean economy forecast to expand 0.7 pct in 2019: MAS

The Singapore economy is expected to grow 0.7 percent this year, up from 0.6 percent in the previous survey in September, according to the latest quarterly poll of professional forecasters by the Monetary Authority of Singapore (MAS) released December 11.
Singapore promotes “green finance” development World

Singapore promotes “green finance” development

Singapore will launch a green investment programme worth 2 billion USD, which aims to provide capital for “green” funds in the country, Education Minister Ong Ye Kung said at the Singapore FinTech Festival on November 11.
Singaporean central bank eases monetary policy World

Singaporean central bank eases monetary policy

Singapore on October 14 decided to ease monetary policy for the first time in more than three years as the national economy has narrowly avoided recession in the third quarter of 2019.
Singapore expected to ease monetary policy soon World

Singapore expected to ease monetary policy soon

As Singapore continues to see sluggish trade and growth data, with core inflation at a three-year low, economists forecast the central bank to ease monetary policy in its upcoming review and provide some support to the economy.
Singapore’s economic growth likely to be weaker this year World

Singapore’s economic growth likely to be weaker this year

The Singapore economy is likely to end the year weaker than earlier expected in the context that the ongoing tension between the US and China has stalled three of the world’s growth engines — trade, manufacturing and investments, warned Monetary Authority of Singapore (MAS) Managing Director Ravi Menon on June 27.