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Month: August 2021

Posted on 12/08/2021

Samsung’s 2 new foldable phones start at S$2,398 and S$1,398 in Singapore

That’s for the Z Fold 3 and Z Flip 3, respectively, which will be available from Sep 10. Samsung's also got the Galaxy Watch 4 series and Galaxy Buds 2 to look forward to. ( read original story ...)

Posted on 12/08/2021

Singapore life insurance industry sees new sales surge 61% in first half of the year

SINGAPORE - Singapore's life insurance industry garnered $2.68 billion in weighted new business premiums for the first six months of 2021, up 61 per cent from the year-ago period when Covid-19 circuit ... ( read original story ...)

Posted on 12/08/2021

7 haunted roads in Singapore to avoid at night during the Hungry Ghost Festival

Keep your eyes forward and say a little prayer, because you don't want to end up stranded along these seven haunted roads in Singapore at night during the Hungry Ghost Festival (7th Month).Considering ... ( read original story ...)

Posted on 12/08/2021

DBS Vickers gets nod to provide trading services for digital payment tokens

The brokerage arm of DBS, DBS Vickers (DBSV), has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide trading services for digital payment tokens, the bank said in ... ( read original story ...)

Posted on 12/08/2021

Singapore to deepen investments in Nigeria, others

Singapore is looking at deepening its economic ties with Nigeria and other West African countries as its enterprises promise to increase ... ( read original story ...)

Posted on 12/08/2021

IronNet Expands Collective Defense in Singapore to Defend Against Cyberattacks

IronNet, in its mission to transform cybersecurity through Collective Defense, today announced that it is making the technology of its flagship Collective Defense solution available to all Singapore ... ( read original story ...)

Posted on 12/08/2021

Singapore plays catch-up with Taiwan as chip investments rise

The city-state is attempting to shore up its electronics sector, having set a target to grow its manufacturing industry by 50% by 2030. ( read original story ...)

Posted on 12/08/2021

Ravi Thakran’s Turmeric Capital said to consider Singapore SPAC listing

Tumeric Capital, the Singapore-based PE firm led by former L Catterton Asia head Ravi Thakran, is reportedly exploring listing a SPAC in Singapore. ( read original story ...)

Posted on 12/08/2021

Singapore’s 50 Richest On Forbes List See Collective Wealth Rise 25%

Amid a rebounding stock market and economy, 36 tycoons on the 2021 Forbes’ Singapore Rich List saw their fortunes rise. This year the list has 42 fortunes worth US$1 billion or more. ( read original story ...)

Posted on 12/08/2021

Singapore-based World’s First Online Diamond Marketplace LUXIEE Secures Finance Facility of Up to SGD5 Million

LUXIEE, a Singapore-based start-up, has secured a round of financing of up to SGD $5 million from a family office that is locally headquartered. The funds will enable the e-commerce platform ... ( read original story ...)

Posted on 12/08/2021

Singapore’s Richest Property Family Hurt by Tax Expenses

Singapore’s richest property dynasty, which runs City Developments Ltd, suffered a loss of S$32.1 million ($23.7 million) in the first half of the year due to tax expenses and the pandemic fallout. ( read original story ...)

Posted on 12/08/2021

Singapore raises growth forecast to 6 to 7 per cent

Singapore expects its economy to grow at a faster pace than previously predicted as Covid-19 vaccination rates here gain pace, allowing for more economic activity and boosting demand for goods and ... ( read original story ...)

Posted on 12/08/2021

Professor-Turned-Entrepreneur Shi Xu Debuts On Singapore Rich List 2021 After Successful IPO

The 57-year-old joins the list for the first time with a net worth of $1.8 billion, following the IPO of his firm Nanofilm Technologies International. ( read original story ...)

Posted on 12/08/2021

8 Things That Business Owners Should Know About Singapore’s Economic Recovery in 2Q 2021

During that period in 2020, Singapore’s GDP had fallen 13.3%, which means we are still not yet fully recovered from the COVID-19 slowdown. Compared to our pre-pandemic level in 2Q 2019, GDP remains ... ( read original story ...)

Posted on 12/08/2021

DBS, UOB among analysts’ top picks, as Singapore banking sector remains ‘overweight’

Analysts from CGS-CIMB Research, RHB Group Research and UOB Kay Hian have kept their “overweight” recommendations on the Singapore banking sector after the banks posted “decent” results for the ... ( read original story ...)

Posted on 12/08/2021

Singapore’s Wealth Creation: Strong GDP Rebound Expected Amid Record-High Budget Deficit

The GDP growth of the city-state this year is forecast to surpass pre-pandemic levels, despite its government recording the largest budget deficit in the sovereign state’s history last year. ( read original story ...)

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