Financial institutions in Singapore are expanding their equity research teams as renewed momentum builds in the domestic stock market.
Category: Singapore
Indonesia strengthens trade ties with Singapore and Malaysia
On March 15, Deputy Minister of Trade Dyah Roro Esti held bilateral talks with Deputy Prime Minister and Trade Minister Gan Kim Yong of Singapore and Deputy Minister of Investment, Trade and Industry Sim Tze Tzin of Malaysia to strengthen regional trade and investment cooperation.
South Korea in quest to diversify economic, strategic ties through latest Southeast Asian visits
South Korean President Lee Jae-myung’s early March diplomatic tour to Southeast Asia included visits to Singapore and the Philippines, signaling South Korea’s strategic push to deepen engagement with countries in the region.
ASEAN raises alarm over energy concern due to Middle East conflict
ASEAN’s foreign ministers have urged diplomatic and peaceful solutions to the escalating crisis in Middle East, warning that the conflict could drive up energy prices, worsen inflation and threaten food security across the region.
Singaporeans evacuated from the Middle East using military aircraft
Singapore has deployed a military aircraft to evacuate its citizens from the Middle East as tensions escalate amid the ongoing war involving Iran.
Southeast Asia divided in reaction to the Middle East crisis
The US-Israel strikes on Iran, which killed the latter’s Supreme Leader Ayatollah Ali Khamenei and his influential aides on February 28, prompted different reactions across Southeast Asia. While geographically distant, Southeast Asian governments stated concerns, expressed with cautious language, economic anxiety, and, in some countries, blunt condemnation.
Southeast Asian states respond to Middle East crisis-driven fuel pressures
Following rising tension between US-Israel and Iran that started on February 28, fuel prices and demand in Southeast Asia have surged. One major factor was the blockade of Hormuz Strait which disrupted the global energy supply-chain through which 13 million barrels of oil per day are transported. There are rising concerns over liquefied petroleum gas (LPG) and gasoline rarity.
To anticipate further consequences, some Southeast Asian governments have introduced different measures. Myanmar restricts the use of personal cars as gasoline and diesel are two sources of energy in the country.
Etihad sells Abu Dhabi–Singapore tickets amid airspace disruptions
Etihad Airways has released tickets for flights from Abu Dhabi to Singapore starting March 5, as services between the UAE and Singapore gradually resume following regional airspace disruptions linked to the Middle East conflict.
Singapore to raise retirement and re-employment ages
On March 3, Singapore announced that it will raise its retirement age to 64 and re-employment age to 69 from 1 July, said Manpower Minister Tan See Leng, keeping the country on track to reach 65 and 70 respectively by 2030. The move aims to support older workers while helping employers retain experienced staff.
Ex-PM: Conflict and tariff swings threaten Singapore’s economic stability
On February 28, Senior Minister Lee Hsien Loong warned that conflict involving Israel, the United States and Iran will raise global energy prices and increase uncertainty, affecting countries like Singapore.