Singapore Wrap Wednesday

Singapore to report monetary policy decision on Oct 14

Singapore's central bank said on Wednesday it would announce its semi-annual monetary policy decision on Oct 14.

Singapore not immune to global competition and uncertainty: Lim Swee Say

Singapore is not immune to growing uncertainty and keener competition in the global economy, said Manpower Minister Lim Swee Say on Wednesday morning.

Singapore GDP will take hit from haze as countries issue travel warnings

As Singapore and Malaysia wheeze from cloying smoke generated by forest fires in Indonesia, the costs to tourism and health and productivity in the two countries could be outweighed by the impact on Indonesia itself - and the country's regional reputation.

RFI launched for KL-Singapore High Speed Rail project

Singapore and Malaysia on Wednesday launched a Request for Information (RFI) exercise to gather views from the industry on how to structure the Kuala Lumpur-Singapore High Speed Rail (HSR) project commercially.

UOB's cash management revenue jumps 42% in H1

United Overseas Bank (UOB) said on Wednesday its cash management revenue grew 42 per cent in the first six months of the year, compared to the same period a year ago, driven by clients seeking long-term expansion into Asia.

The STI today

Singapore shares close higher on hopes Wall Street will continue to rally

Once again, it appears that "bad economic news is good for stocks" - Wall Street has rebounded strongly ever since the release of a weak September jobs report last Friday since this suggests that the US Federal Reserve might not raise interest rates any time soon.