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Month: October 2022

Posted on 07/10/2022

Singapore banks may dial down loan growth targets but still outperform broader market: analysts

Rising uncertainty is clouding the outlook for banks in Singapore, as subdued growth in banking system loans point to headwinds for loan growth targets, note RHB Group Research analysts. Among the ... ( read original story ...)

Posted on 07/10/2022

The Chicken Pirate: Man arrested for trying to smuggle frozen chicken from Singapore to Johor Bahru

If you thought the chicken saga between Malaysia and Singapore was over, yolks on you! A 30-year-old Malaysian man was arrested while attempting to transport 210 kg of frozen chicken from Singapore to ... ( read original story ...)

Posted on 07/10/2022

Google Pixel 7 And 7 Pro Available Lands 13 October In Singapore From S$999

Less than a year after the Pixel 6 and 6 Pro arrived in Singapore, the Google Pixel 7 family is making its way to local shores at the same time that it launches in the other major markets. It’s a ... ( read original story ...)

Posted on 06/10/2022

Singapore’s central bank warns not all crypto activities are regulated

The Monetary Authority of Singapore (MAS) has said that some crypto-related activities are unregulated and it would not know the number of companies interested in setting up a crypto firm in the ... ( read original story ...)

Posted on 06/10/2022

Singapore stocks index is sole winner among developed markets this year

Until the Fed slows or pivots, developed markets probably won’t catch up with Singapore, said Daniel Dubrovsky. ( read original story ...)

Posted on 06/10/2022

Banks in Singapore lift fixed deposit rates further with latest round of promotions

The interest rates offered by banks of 12-month fixed deposits are now at the highest in almost 24 years. SINGAPORE: Fixed deposit rates in Singapore have been on the rise, with some hitting levels ... ( read original story ...)

Posted on 06/10/2022

Firms’ reputation the top concern of CEOs in Singapore, outweighing economic uncertainty: Study

In contrast, CEOs globally said pandemic fatigue, uncertainty was their top concern. Read more at straitstimes.com. ( read original story ...)

Posted on 06/10/2022

Rich Mainland Chinese Snap up Luxury Homes in Singapore Despite Tax Hikes

Wealthy mainland Chinese have been the top foreign buyers of expensive private properties in Singapore this year as the city-state reaps the benefits of post-pandemic reopening and a relatively strong ... ( read original story ...)

Posted on 06/10/2022

Wealthy Chinese nationals snap up luxury homes in Singapore despite tax hikes

SINGAPORE: Wealthy Chinese nationals have been the top foreign buyers of expensive private properties in Singapore this year as the country reaps the benefits of post-pandemic reopening and a ... ( read original story ...)

Posted on 06/10/2022

Fixed deposit rates rise further in Singapore with latest round of bank promotions

The interest rates offered by banks of 12-month fixed deposits are now at the highest in almost 24 years. SINGAPORE: Fixed deposit rates in Singapore have been on the rise, with some hitting levels ... ( read original story ...)

Posted on 06/10/2022

Asia Innovations SPAC Listing: Based In Singapore, But Made In China

Asia Innovations Group Ltd. announced it would make a backdoor listing in New York using a SPAC called Magnum Opus Acquisition Ltd. Click here to read more. ( read original story ...)

Posted on 06/10/2022

Homeowners in shock after DBS, OCBC & UOB hike home loan fixed interest rate

Some homeowners who opted for a bank loan to finance their mortgage have been left in shock after the three major local banks announced yesterday (Oct 4) that the fixed interest rate for housing loans ... ( read original story ...)

Posted on 06/10/2022

Billionaire Kwek Leng Beng’s CDL To Launch Suburban Condo Project Despite Singapore Property Curbs

City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—is proceeding to launch a suburban residential condominium project in the western part of Singapore, reflecting its confidence ... ( read original story ...)

Posted on 06/10/2022

‘Ajoomma’ Director He Shuming on how Korean and Singapore Film Crews Bonded Over Food and Golf

Along with “Return to Seoul” and Kore-eda Hirokazu’s “Broker,” Singaporean comedy film “Ajoomma” joins a growing list of recent foreign movies set in Korea or probing contemporary Korean ... ( read original story ...)

Posted on 06/10/2022

Singapore stocks index is developed markets’ sole winner

SINGAPORE: As stagflation concerns mar the outlook for the world’s biggest developed markets, shares in a small Asian city-state Singapore’s Straits Times Index has eked out gains of about 1% in 2022, ... ( read original story ...)

Posted on 06/10/2022

Multibagger IPO: Singapore-based FPI raises stake in this small-cap company

Within a fortnight, this is for the second time when Singapore-based FPI has bought stake in this small-cap BSE listed company. On 21st September 2022, Nav Capital VCC- Nav Capital Emerging Star Fund ... ( read original story ...)

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