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Month: December 2021

Posted on 06/12/2021

Singapore’s industrial leasing activity hits record highs in Q3

Total leasing volume grew 13.9% to 3,423. Singapore’s industrial leasing market peaked in Q3 2021, recording a 13.9% YoY increase in total leasing volume to 3,423. Leases for single-user factories and ... ( read original story ...)

Posted on 06/12/2021

Billionaires Double Down On Singapore Prime Property Buys As Demand For Luxury Homes Surge

Kwek Leng Beng and Gordon Tang are buying $704 million worth of prime properties in Singapore, doubling down on their investments in redevelopment sites in and around the city’s financial district. ( read original story ...)

Posted on 06/12/2021

Revolut Singapore obtains Capital Markets Services licence from the Monetary Authority of Singapore

Revolut, the global FinTech with more than 16 million customers worldwide, has obtained a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS). This will allow the ... ( read original story ...)

Posted on 06/12/2021

Singapore Wants to Lead on Crypto, Not K-Pop Pensions

Singapore may have set its sights on becoming the world’s cryptocurrency capital. But its “buyer beware” approach to trading in risky digital assets doesn’t mean anything goes. A coin that works as a ... ( read original story ...)

Posted on 06/12/2021

Singapore central bank urges prudence in bank finances amid pandemic recovery

Singapore's central bank urged banks on Monday to keep their finances strong and resilient to "shocks", in case of an abrupt rise in unemployment and business insolvencies due to the COVID-19 pandemic ... ( read original story ...)

Posted on 06/12/2021

Singapore’s financial system resilient but must stay prudent amid ‘considerable uncertainty’ from COVID-19: MAS

SINGAPORE: Singapore companies, households and the financial sector should stay vigilant and prudent amid “considerable uncertainty” from the COVID-19 pandemic, the Monetary Authority of Singapore ... ( read original story ...)

Posted on 06/12/2021

MAS warns Singapore households on rising mortgage debt ahead of potential interest rate hikes

SINGAPORE - Singapore households have amassed a larger pile of debt than they had before Covid-19 struck, thanks to a buoyant property market.. Read more at straitstimes.com. ( read original story ...)

Posted on 06/12/2021

Singapore Opposition Party Chiefs Face Scrutiny in Lying Scandal

Singapore’s largest opposition party is under pressure after a parliamentary committee issued a report showing its leadership was said to have allegedly allowed former lawmaker Raeesah Khan to ... ( read original story ...)

Posted on 06/12/2021

The story of how You Tiao Man’s business flourished amid COVID-19

I am grateful also to discover that our company has the resilience and agility to adapt and innovate in such times. I now understand that innovation is not about technology or product development; ... ( read original story ...)

Posted on 06/12/2021

Omicron More Infectious Than Delta Variant Of Covid, Says Singapore: Report

Singapore's Ministry of Health has said that early clinical observations globally suggest that the Omicron variant of COVID-19 may be more transmissible and have a higher risk of reinfection compared ... ( read original story ...)

Posted on 06/12/2021

Omicron has higher risk of reinfection than Delta and Beta variants: Singapore’s health ministry

The ministry urged those eligible for vaccination or booster jabs to get them, saying there is strong scientific consensus that doing so will protect against any existing and future variants. ( read original story ...)

Posted on 06/12/2021

Singapore Says Rapid Tests Detect Omicron; Still Key to Strategy

Rapid antigen tests are effective in detecting omicron infections and so will remain part of Singapore’s arsenal for dealing with the new variant and pandemic, the city-state’s health ministry said. ( read original story ...)

Posted on 06/12/2021

Singapore Among the Fastest Adopter of Digital Banking

In Singapore, consumer preferences are rapidly evolving, with banking customers increasingly preferring online interaction over in-person interaction. A new consumer survey by digital business ... ( read original story ...)

Posted on 06/12/2021

Stock Market LIVE Updates: Sensex, Nifty50 likely to open higher today; SGX Nifty futures up

Indian equity benchmarks Sensex and Nifty50 are likely to start the week on a positive note, despite weakness across most other Asian markets. At 7:42 am, Singapore Exchange (SGX) Nifty futures -- an ... ( read original story ...)

Posted on 06/12/2021

Singapore suspends crypto exchange in dispute with K-pop stars BTS, FT says

Bitget, has promoted the Army Coin, saying it was created to give lifetime support to BTS.. Read more at straitstimes.com. ( read original story ...)

Posted on 06/12/2021

MAS Awards Capital Markets Services License to Revolut Singapore

Challenger bank Revolut has obtained a Capital Markets Services (CMS) license from the Monetary Authority of (MAS). ( read original story ...)

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