Singapore Sees Largest Rise in Digital Investments Among Financial Institutions

Singapore Sees Largest Rise in Digital Investments Among Financial Institutions

Covid-19 Responsible for Driving Digital Investments Up Since the Covid-19 pandemic, the rise in digital investments saw Singapore experiencing the largest rise in digital investments among financial institutions. The boost in investment rose because of the need brought about by Covid-19. This was an attempt by the banks to help boost their online offerings. The…

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Singapore’s Manufacturing Activity to Record a 12th Straight Month of Expansion

Singapore’s Manufacturing Activity to Record a 12th Straight Month of Expansion

Manufacturing Sector Is Leading Singapore’s Recovery Through the Pandemic Singapore’s manufacturing activity is leading the way and on track to record another expansion for the 12th straight month in June. The manufacturing sector has remained strong and led the charge of the country’s recovery amid the Covid-19 pandemic. In the coming months, experts are forecasting…

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Singapore and UK to Form a Partnership for Financial Services

Singapore and UK to Form a Partnership for Financial Services

Both Countries Agree to Sign MOU for Enhanced Bilateral Cyber-Security Cooperation The Singapore and UK Partnership will explore even more opportunities for greater collaboration to enhance regulatory defense and information sharing. A Memorandum of Understanding (MOU) was signed by representatives of both countries to partner on financial services. Singapore’s representative was from the Monetary Authority…

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Singapore Manufacturing Activity Experiences the Fastest Expansion in April Since December 2018

Singapore Manufacturing Activity Experiences the Fastest Expansion in April Since December 2018

Expansion Picked Up From 0.1 to 50.9 From March This Year Singapore manufacturing activity had an overall expansion in April. This is the fastest the sector has expanded since December 2018, thanks to an increase in employment, new exports, and new orders. Imports, order backlog, and input prices were other areas that experienced an expansion.…

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Singapore Start-Ups Raked in $5.5 Billion in Funding for 2020 Despite Covid-19

Singapore Start-Ups Raked in $5.5 Billion in Funding for 2020 Despite Covid-19

Covid-19 Did Not Hamper the Entrepreneurial Spirit Despite the rough patch faced by many businesses during the Covid-19 pandemic, Singapore start-ups still managed to bring in $5.5 billion in funding in 2020. Although this sum is lower than what has been garnered in recent years, the Ministry of Trade and Industry highlighted that 2020’s figure…

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