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Month: October 2022

Posted on 04/10/2022

World Business Watch: Singapore factory activity contracts for first time since 2020

Raising the risk of a technical recession, factory activity in Singapore has contracted for the first time since 2020. This was the second month of contraction in the electronics sector. ( read original story ...)

Posted on 04/10/2022

PhonePe IPO: Company moves domicile from Singapore to India; ESOPs for 3000 employees approved

PhonePe has moved all businesses and subsidiaries including Insurance Broking Services and Wealth Broking businesses of PhonePe Singapore to PhonePe Pvt Ltd - India. ( read original story ...)

Posted on 04/10/2022

PhonePe moves domicile from Singapore to India ahead of IPO launch

Fintech player PhonePe, a part of the Walmart Inc-controlled Flipkart group, on Monday said it has completed the process of moving its domicile from Singapore to India. The development comes ahead of ... ( read original story ...)

Posted on 04/10/2022

MAS’s Menon, IMF say blended finance key to climate change fight

Singapore’s top central banker said blended finance is key to tackling climate change by earmarking more money for marginal environmental projects. ( read original story ...)

Posted on 04/10/2022

9 in 10 professionals say open finance has positively impacted the financial industry

They said it made the industry more collaborative. Professionals at financial institutions in Singapore view "open finance" more positively compared to their peers in Hong Kong and around the globe, a ... ( read original story ...)

Posted on 04/10/2022

DBS raises fixed rate home loan offerings to 3.5% after latest revision

The bank now offers four fixed rate packages set at 3.5 per cent per annum, ranging from two to five years. SINGAPORE: DBS Bank, Singapore’s largest lender, has raised the rates on its fixed rate home ... ( read original story ...)

Posted on 04/10/2022

Oscars: Singapore Submits ‘Ajoomma’, Produced By Anthony Chen, To International Feature Race

The Singapore Film Commission has selected He Shuming’s Singapore-Korea co-production Ajoomma, produced by Singapore’s Anthony Chen, as its submission to the best international feature ... ( read original story ...)

Posted on 04/10/2022

Singapore plans to hire 180 doctors from India in three years

Singapore has been recruiting doctors from other countries in order to address their ‘heavy workload’ and to supplement their healthcare capacity needs. ( read original story ...)

Posted on 04/10/2022

Singapore Savings Bonds for November offering record-high rates

The 1st-year interest rate of 3.08% and 10-year average return of 3.21% are both all-time highs. Read more at straitstimes.com. ( read original story ...)

Posted on 04/10/2022

Singapore amends laws on business trusts for better governance, transparency

SINGAPORE - Business trusts in Singapore will need to provide more information about their beneficial owners, and unitholders will find it easier to vote to remove trustee-managers. Read more at ... ( read original story ...)

Posted on 04/10/2022

Singapore to recruit doctors from India. Details here

Singapore is planning to hire 180 junior doctors from India over the next three years, according to a media report. A tender set to close on October 10 states a target to recruit 60 medical officers ... ( read original story ...)

Posted on 04/10/2022

Singapore Manufacturing Sector Moderates As Global Headwinds Bite

The Singapore economy grew at a pace of 4.4% y/y in the second quarter of 2022, after growth of 3.8% y/y in the first quarter of 2022. ( read original story ...)

Posted on 04/10/2022

Commentary: September was a brutal time for investors, where are the safe havens for Singapore investors?

Inflation has dominated global headlines this year and equities have tumbled. OCBC Investment Research's Carmen Lee discusses where investors can look to for an escape. ( read original story ...)

Posted on 04/10/2022

Money Talks – S1E13: Should you sign up with a digital bank that has no physical branches? | EP 13

A two-hour wait at a physical bank branch was enough to put off Ho Hean Chan from future visits. With the emergence of digital retail banks in Singapore promising seamless interactions, the partner at ... ( read original story ...)

Posted on 04/10/2022

New Property Cooling Measures Imposed: 7 Singapore Stocks That May Be Impacted

Singapore’s property market has made headlines in recent months with the prices of resale HDB flats rising for the 26 th straight month in August. In particular, flash data from the Urban ... ( read original story ...)

Posted on 04/10/2022

Designed in Singapore: Tools to help those who have disabilities

SINGAPORE - Student inventors put their thinking caps to the contest to come up with tech solutions designed to help people with disabilities gain more independence. Read more at straitstimes.com. ( read original story ...)

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