Singapore Shines in the Sustainable Investment Destination List

Singapore Shines in the Sustainable Investment Destination List

Singapore Becomes World’s 17th Most Sustainable Investment Destination With an impressive leap of 18 spots in the rankings, Singapore has firmly secured the 17th position in the highly esteemed 2023 Global Destination Sustainability Index. This advancement underscores the city-state’s commitment to making tangible strides towards a sustainable future. Within the Asia-Pacific region, Singapore proudly stands…

Read more
Singapore, Malaysia, and Indonesia Forge Regional Supply Chain

Singapore, Malaysia, and Indonesia Forge Regional Supply Chain

Singapore, Malaysia, and Indonesia Come Together for Regional Supply Chain and Manufacturing Singapore is fortifying its regional bonds with Malaysia and Indonesia to harness the evolving global manufacturing landscape. Jacqueline Poh, the Managing Director of Singapore’s Economic Development Board (EDB), unveiled this strategic alliance during a prominent LSEG and Reuters Newsmaker event. The three countries…

Read more
UK-Singapore Partnership for Prosperity and Security

UK-Singapore Partnership for Prosperity and Security

UK-Singapore Partnership: A Strategic Alliance for Prosperity and Security The Singapore government has sealed a pioneering partnership with the UK to bolster economic growth and enhance shared security. This monumental UK- Singapore partnership marks the United Kingdom’s first treaty since its departure from the European Union.   The G20 Summit: A Venue for Collaboration British…

Read more
MAS Proposes New AML Framework for Improved Oversight

MAS Proposes New AML Framework for Improved Oversight

MAS Strengthening AML Framework for Single Family Offices in Singapore In a bid to close AML loopholes and standardize licensing exemption criteria for Single Family Offices (SFOs), the Monetary Authority of Singapore (MAS) has proposed a new AML framework. This move comes as SFOs witness strong growth in Singapore, prompting concerns about potential money laundering…

Read more
Singapore Avoids Technical Recession with Sufficient Economic Growth

Singapore Avoids Technical Recession with Sufficient Economic Growth

Singapore Avoids Technical Recession with Sufficient Economic Growth After growing slightly in the second quarter of this year, Singapore avoids technical recession by a narrow margin. The slowdown in the second quarter was because China’s global demand weakened, impacting trade flows. Seasonally, Southeast Asia’s economy grew 0.3% (quarter-on-quarter). This was followed by a 0.4 contraction…

Read more
Supply Chain Management Talents Growing Rapidly in Singapore

Supply Chain Management Talents Growing Rapidly in Singapore

Supply Chain Management Talents Growing Rapidly in Singapore Supply chain management talents are rapidly growing in Singapore, with 700 new jobs and training initiatives to be launched by 2025. The aim is to position Singapore as the supply chain management (SCM) hub manufacturers want to be. Professionals, managers, executives, and technicians (PMETs) will stand to…

Read more