December 4, 2023
PARIS, Nov 30, 2023 (AFP) – Zurich and Singapore are the most expensive cities in the world ahead of New York amid the ever-rising cost of living, according to rankings published Thursday by The Economist magazine. The British weekly estimated that prices have increased an average of 7.4 percent over the past year in 173
READ MORESingapore and Zurich tied for the world’s most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over. On average, prices have risen by 7.4% year on year in local currency terms for
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Singapore has said it is considering building artificial islands off its east coast to protect low-lying areas against rising sea level. Singapore has said it is considering building artificial islands off its east coast to protect low-lying areas against rising sea levels caused by climate change. Engineering and environmental impact studies for the “Long Island”
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SINGAPORE: Singapore’s economy grew more than expected in the third quarter (Q3), data showed on Wednesday, while officials narrowed their full-year forecast owing to subdued demand for its exports in key markets including the United States and China. The 1.1-percent expansion in July-September was driven by the construction industry and services sector, including tourism. BEYOND
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FIRST Gen Corp. said Friday it had assigned a shipment of liquefied natural gas (LNG) to Singapore’s Trafigura Pte Ltd. “Please be advised that the company has concluded its international tender for an LNG cargo by awarding a contract to Trafigura Pte Ltd.,” the Lopez-led firm said in a statement. “This company will supply one
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SINGAPORE: Singapore and Indonesia launched cross-border payment services on Friday, the countries’ central banks said, as part of a regional drive to boost connectivity. Customers of a dozen banks in Singapore and Indonesia will now be able to make payments to merchants in both countries by scanning QR codes, Bank Indonesia and the Monetary Authority
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“This is not the time to turn back on central bank digital currencies,” Kirstalina Georgieva said. At the same time, Singapore’s central bank is advising the public to “carry some cash” as a contingency for further outages. As regular readers know, the IMF has been playing a significant behind-the-scenes role advising governments and central banks
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FLAG carrier Philippine Airlines (PAL) has signed a new codeshare agreement with Singapore Airlines that will increase flight options for travelers. The arrangement will take effect in the fourth quarter of this year following regulatory approvals, PAL said on Wednesday. The deal covers flights from Manila to 27 destinations within the Philippines and Singapore Airlines’
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The Marina Bay Sands hotel is seen among high rise buildings in Singapore on September 4, 2023. (Photo by Roslan RAHMAN / AFP) A luxury resort operator in Singapore said Tuesday that the personal data of about 665,000 members of its shopping loyalty programme had been hacked. The breach of Marina Bay Sands was the
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The Prince of Wales was praised as “a natural” as his team won a dragon boat race on the Marina Reservoir against a backdrop of Singapore’s most famous landmarks. William, wearing a black cap and white polo shirt, was praised by a teammate from the British Dragons before another said the prince “didn’t miss a
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