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Month: September 2020

Posted on 15/09/2020

Tencent expanding Singapore footprint to drive SEA expansion

Move to set up its Southeast Asian hub in Singapore comes amidst China's worsening relations with the US and India, which have led to Chinese apps being banned in both countries. ( read original story ...)

Posted on 15/09/2020

Singapore is Still Stuck in a Bear Market: 3 Things You Need to Know

Wondering why the Singapore market is down in the dumps? We shed some light on three aspects that you should know.The post Singapore is Still Stuck in a Bear Market: 3 Things You Need to Know appeared ... ( read original story ...)

Posted on 15/09/2020

OCBC staff prevent man from losing $190,000 in ‘secret mission’ scam

He was told he had to help in a secret mission with a cyber security crime department to catch criminals. But the operations manager, in his 60s, first needed to transfer $190,000 to a Hong Kong bank ... ( read original story ...)

Posted on 15/09/2020

Sports Hub open for fitness enthusiasts again with safe management measures in play

SINGAPORE - Sporting and lifestyle activities can now take place at the Singapore Sports Hub with the conclusion of the temporary housing project for migrant workers, the Singapore Sports Hub has ... ( read original story ...)

Posted on 15/09/2020

Tencent to set up hub in Singapore after PUBG Mobile ban in India

Singapore is also known as the gateway to Southeast and South ... It also has minority stakes in Activision Blizzard (COD Mobile), Bluehole (PUBG Mobile), Ubisoft, and Voodoo, among others. Bans in ... ( read original story ...)

Posted on 15/09/2020

Top 10 Singapore districts with the highest property appreciation

Here’s a quick summary of which districts have seen the highest appreciation rates for non-landed, private property over the past decade, on a price per square foot basis: District 7 is the MVP of ... ( read original story ...)

Posted on 15/09/2020

Singapore launches domestic travel campaign amid coronavirus: Tourism board chairman

The domestic campaign, which is aimed at getting locals to "rediscover Singapore," seeks to capture around 10% of the annual 34 billion Singapore dollars that Singaporeans spend on overseas travel, ... ( read original story ...)

Posted on 15/09/2020

Singapore Home Sales Beat Expectations and Rise to 11-Month High

Singapore home sales surged to an 11-month high in August, buoyed by demand from locals who are betting that prices will rebound as soon as next year. ( read original story ...)

Posted on 15/09/2020

Assessing Singapore’s mobile network experience on the eve of 5G

Video Experience, Download Speed Experience, Upload Speed Experience and 4G Availability. Singapore’s mobile Video Experience compares favorably with other cities on the eve of 5G, which indicates ... ( read original story ...)

Posted on 15/09/2020

Tencent said to join rivals Alibaba, ByteDance in picking Singapore as Asia hub after India, US bans

China’s tech behemoths including Alibaba and ByeDance are increasingly turning to Southeast Asia as a base in the face of growing hostility from the US and other major markets. ( read original story ...)

Posted on 15/09/2020

11,350 were retrenched in Singapore in H1 2020, surpassing SARS numbers

A total of 11,350 people were retrenched in Singapore in the first half of the year (H1 2020), a sharp rise from preliminary estimates released in July (9,920). According to the Ministry of Manpower's ... ( read original story ...)

Posted on 15/09/2020

High levels of debt will become a big challenge in the next decade, says Singapore minister

Governments can no longer reduce the amount of debt through rapid economic growth and inflation, says Tharman Shanmugaratnam, Singapore's senior minister and coordinating minister for social policies, ... ( read original story ...)

Posted on 15/09/2020

Global Markets: Asian stocks head higher on China data, markets eye Fed meeting

Asian equities extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. MSCI's broadest index of Asia-Pacific shares ... ( read original story ...)

Posted on 15/09/2020

Rising debt is a ‘very serious issue’ that governments face, says Singapore minister

Governments have done the right thing to increase borrowing and spending to support their slumping economies, said Tharman Shanmugaratnam, Singapore's senior minister and coordinating minister for ... ( read original story ...)

Posted on 15/09/2020

Singapore businesses most digitally-ready in Asia-Pacific: Survey

Businesses here have come in tops in a DBS survey of the digital readiness of corporates in the Asia-Pacific (APAC) region, with 45 per cent of local businesses indicating they have a well-defined ... ( read original story ...)

Posted on 15/09/2020

Singapore Lender UOB to Freeze Hiring, Pay on Virus Outlook

United Overseas Bank Ltd. has imposed a freeze on hiring, pay and promotions as the Singapore lender prepares for a further decline in earnings following the coronavirus pandemic. ( read original story ...)

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