,Singapore

Daily briefing: SGX mulls first US dollar bond; China uses coercion to back claims in disputed waters: US

And Trade and Industry Minister highlights digitalisation as critical in recovery.

From Bloomberg

Singapore Exchange Ltd. (SGX) is looking to offer its first US dollar bond, Bloomberg reported citing a source.

The SGX has been expanding its fixed income, currency, and index businesses through acquisitions.

SGX Chief Financial Officer Ng Yao Loong had said earlier this month that its expenses will remain high as it continues to invest in growth.

Read more here.

From Reuters

China is using coercion and intimidation to back its claims in the South China Sea, US Vice President Kamala Harris said.

Harris made the comment during her visit to Singapore, which is generally intended to respond against China’s growing influence.

She also discussed the US’ vision that asserts human rights and rules-based international order.

Read more here.

From CNA

Trade and Industry Minister Gan Kim Yong raised the importance of digitalisation as an “enabler” of recovery for the retail sector, impacted by the pandemic.

“Digitalisation also helps the retail sector to be more visible, to be more efficient in their operations, as well as provide a lot of flexibility,” the Minister said.

The retail sector was amongst the sectors hit hardest by the pandemic. But the pandemic also accelerated the digital transformation of the industry.

Read more here.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

The sector scored 72.7/100 points in customer satisfaction in the Customer Satisfaction Index of Singapore.
The new system, set for implementation in 2022, will provide migrant workers with quality, affordable and accessible healthcare catered to their needs.
Four medical suppliers saw an average 48% increase in stocks as markets reacted to the new variant.
Their pre-departure tests in South Africa on 26 November were negative.
The new skills maps serve as a resource for training providers and financial institutions to design family office-related training.
Its high costs make the country a top choice for companies with higher-valued-added manufacturing.
HongKongLand had the most growth for the day.
It surpassed the Bloomberg consensus estimate of 14.5%.
The agreement aims to grow tourism and economic activities as borders reopen. 
It will also enter a loan agreement worth $210.6m.
The acquisition will be fully funded by cash through internal resources.
These countries are Cambodia, the Maldives, Sri Lanka, Thailand, and Turkey.
The decrease was driven by profit declines in their beer and non-alcoholic businesses.
Sources say the state-owned Chinese firm is in talks with advisers about the potential divestment.