top of page

WEEKLY NEWS | 13 FEBRUARY 2023 | 185


It’s another CYS bonding session for the month. Our office was filled with food, drinks, lucky draw prizes, and complimentary gifts from CEO Ann S.K. Wee.  All of us had great fun and laughter along with our KTV sessions.  We will back for more team bonding in CYS, so watch this space!

Special Feature News
CYS Karaoke Night

Karaoke is a beloved activity for corporate events where people can bond over music, laughter, and good times.  CYS had it first karaoke night in 2023 held......

Economy News
Bank of England aggressive rate hikes send chill through UK construction economy

The Bank of England’s ten successive interest rate rises have sent a chill through the UK’s construction economy, a closely watched survey out today shows.

    Potential home buyers are shunning purchases due to mortgage rates flying higher, prompting house builders to rein in spending.

      S&P Global and the Chartered Institute of Procurement and Supply’s (CIPS) latest purchasing managers’ index (PMI) for the construction industry dropped to 48.4 points last month, down from 48.8 points in the previous month and below analysts’ predictions.

      Output among Britain’s house builders collapsed to 44.8 points, plunging the sector deep into the PMI’s contraction territory of anything below 50 points.

“Construction output reportedly fell in January at the fastest rate since ......

Money News
Turkey's lira hits record low but rebounds after quake, stocks slip

LONDON, Feb 6 (Reuters) - Turkey's lira briefly dipped to a record low and its main stock market fell 1.35% on Monday as a major earthquake added to pressures from a strong dollar and the war in Ukraine, as well as a surprise inflation reading.

The lira slipped to 18.85, in early trade before retracing its losses to end the day flat. The main equities benchmark (.XU100) at one point dropped as much as 5%, with banks..

TI Executive Director Examines Suboptimal US Corruption Index Score
Compliance News

Although it slightly improved in 2022, partisanship in the political arena, its blatant uses of gerrymandering, and its inadequate countermeasures against money laundering keep the United States’ global corruption perception ranking close to its historic low, a top official of the global anti-corruption organization Transparency International told OCCRP......

EDM (Facebook)
CYS Global Remit | Currency Live Rate

Contact CYS for more enquiries about currency exchange rate

  • Instagram
  • Facebook
  • LinkedIn
  • YouTube
bottom of page