Singapore companies, including its small and medium enterprises, will benefit from the a historic deal that will ease trade in goods and services among a dozen Pacific-rim nations that make up about 40 per cent of the world economy, the Ministry of Trade and Industry (MTI) said on Monday (Oct 5).
Several Asian sovereign bonds received a boost on Tuesday (Oct 6) from the signing of a new trade agreement between several countries in the Americas and Asia.
The Trans-Pacific Partnership (TPP) is the biggest trade agreement in history, reducing tariffs and other forms of protectionism in a dozen countries making up about 40 per cent of the global economy with economic output of almost US$30 trillion (S$42.7 trillion).
Home-grown personal finance portal MoneySmart.sg has raised $2.8 million in a Series A funding round led by Singapore Press Holdings' (SPH) investment arm.
A Singapore banking group has embarked on a review of ethical lending practices as haze caused by forest fires in Indonesia envelops the city for a fifth week.
Singapore welcomes the blueprint laid out by the Organisation for Economic Cooperation and Development (OECD) to crack down on international tax avoidance, said the Ministry of Finance (MOF) in a statement on Tuesday (Oct 6).
Founders of Asia's No. 1 budget carrier AirAsia Bhd are sounding out investors to take the company private in a management-led buyout, after its shares took a beating this year following a critical research report, people familiar with the matter said.
Singapore-listed commodity trader Noble Group, which has battled short sellers and criticsm of its accounting practices, has a new internal audit head.
Even with commodities mired in the worst slump in a generation, Goldman Sachs, Morgan Stanley and Citigroup are warning bulls that prices may stay lower for years.