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Singapore’s manufacturing sector grew for the eighth consecutive month, with a 27.5% increase in June.

Ace Global
December 30, 2021

Singapore’s manufacturing sector grew for the eighth consecutive month last month, which was driven by a low base among the Covid-19 restriction measures last year.

Singapore aims to create at least 20,000 digital jobs.

Ace Global
December 30, 2021

According to the Communications and Information Minister Josephine Teo, the Infocomm media (ICM) sector is likely to take up a larger portion of the Singapore economy in the future.

Singapore and the UK begin negotiations on a digital economy agreement

Ace Global
December 30, 2021

Businesses and consumers can look forward to the signing of the UK-Singapore Digital Economy Agreement, which sets out rules for reliable cross-border data flows and high data protection standards.

Climate-related investments will get $1.8 billion from official foreign reserves.

Ace Global
December 30, 2021

According to MAS managing director Ravi Menon, the Monetary Authority of Singapore (MAS) will provide US$1.8 billion of its official foreign reserves (OFR) to five asset managers for climate-related investments.

According to the review of SGX – NUS, Singapore companies are getting better in sustainability reports

Ace Global
December 30, 2021

Singapore companies are getting better at making sustainability reports in the COVID-19 era, according to a joint review by Singapore Exchange Regulation (SGX RegCo) and the Centre for Governance and Sustainability (CGS) at the National University of Singapore Business School.

OCBC’s profit in the first quarter of 2021 exceeds double expectations of a record $1.5 billion.

Ace Global
December 30, 2021

OCBC successfully went beyond market forecasts as its earnings for Q1 2021 more than doubled Q1 2020 performances. Constituting to such an achievement is OCBC’s strive towards its insurance and wealth businesses while reducing allowances for low credit-rated loans.

Singapore firms launch green financing projects for national development on Earth Day

Ace Global
December 30, 2021

Coinciding with the global observance of Earth Day, Singapore companies have brought out sustainable finance initiatives.

DBS releases digital advisory services to better support customers in decision-making for personal investment.

Ace Global
December 30, 2021

Based on the customer’s personal investing knowledge and financial goals, a list of suggested investment products will be customized to match customer demand.

Singapore GDP is forecasted to grow up to 5.8% in 2021.

Ace Global
December 30, 2021

According to 24 economists surveyed by the Monetary Authority of Singapore (MAS), the gross domestic product of Singapore is predicted to rise to 5.8 percent this year.