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Singapore economy
Singapore’s coveted expat jobs threatened by local hire push
Singapore has long been the city of choice for Western expats wanting an easy entrée into Asia. Yet just when Singapore should be a magnet for global talent, some recruiters say the barriers to entry are mounting.
August 28, 2020
Tech
Japan's administrative technology 'behind the world by at least 20 years', urging 'digital new deal'
The coronavirus crisis may have finally forced Japan’s government to get serious about fixing its computer systems. Before the pandemic, the problems might have been merely annoying, but now they’re impeding an economic recovery.
August 24, 2020
Zest
Singapore regulator to push for more locals in senior bank roles
Singaporeans make up 70% of senior management roles in retail banks’ local functions, the MAS estimates. Still, the proportion is about 43% across the entire sector, reflecting Singapore’s role as an international financial center, Menon said.
August 19, 2020
IPO
Threefold growth in Chinese tech IPOs amid US-China tensions
The one-year-old Star board of tech start-ups in Shanghai has become one of the world’s top three IPO venues
August 18, 2020
Disruption and Digitalisation
StanChart and NTUC Enterprise plan Singapore digital-only bank
Standard Chartered PLC is planning its second digital-only bank in Asia, teaming up with a unit of Singapore’s biggest labor union, according to people familiar with the matter.
August 17, 2020
Singapore economy
Market analysts cheer a more diverse parliament following watershed Singapore elections
Contrary to fears of a shaken investor confidence following opposition gains, market analysts expect that a more diverse parliament could prevent government "groupthink".
July 13, 2020
Markets
Asian markets rally, but will lingering virus fears spoil the party?
“The market is resigning itself to the fact that in the absence of an effective vaccine, the virus will not amazingly vanish.” - Stephen Innes, chief global market strategist with AxiCorp Ltd.
June 16, 2020
Commerce
EU trade retaliation deepens China's trade woes
Brussels accuses Beijing of undercutting EU fibreglass manufacturers by subsidising firms in Egypt.
June 15, 2020
US Economy
Bloomberg model confirms worst US recession in generations
"Winter is here" - A Bloomberg model indicates 100% chance of recession in the coming year.
April 21, 2020