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Month: November 2022

Posted on 23/11/2022

Crypto lender Hodlnaut faces police probe, public urged to submit documents

Embattled Singapore-based cryptocurrency lender Hodlnaut is facing investigation from the police. On Wednesday, the police said the Commercial Affairs Department (CAD) Between August and November 2022 ...

Posted on 23/11/2022

Singapore core inflation eases for first time in eight months

People shop for fish at a wet market during the coronavirus disease (COVID-19) outbreak, in Singapore September 21, 2021. REUTERS/Edgar Su ...

Posted on 23/11/2022

Gig-economy players raise concerns as Singapore unveils new worker protections

SINGAPORE’S main gig-economy platforms welcomed the country’s move not to classify ride-hailing drivers and on-demand delivery persons as employees, but are opposing how street-hail taxis and certain ...

Posted on 23/11/2022

TCS extends sponsorship of Standard Chartered Singapore Marathon till 2026

SCSM will return to Singapore's streets from December 2 to 4, serving as a hub of community engagement to end the year on a high and healthy note.

Posted on 23/11/2022

Singapore’s DBS bank completes intraday repurchase transaction on JPMorgan’s blockchain-based platform

Singapore-based DBS bank, the largest lender in Southeast Asia, has said it is the first bank in Asia to complete an intraday repurchase transaction on a blockchain-based network.

Posted on 23/11/2022

Inside Singapore’s mission to infuse itself with technology

With government agencies building cutting-edge technologies in isolation, could this risk pulling Singapore's digital progress in completely different directions?

Posted on 23/11/2022

Singapore students launch new bus stop that doubles as an ‘exercise gym’

In Singapore, a team of students from the Singapore University of Technology and Design (SUTD) has cleverly come up with a new bus stop design that lets commuters burn away calories while waiting.

Posted on 23/11/2022

Singapore Bank DBS Completes Fixed Income Trade on JPMorgan’s Blockchain Network Onyx

DBS (D05), Singapore's largest bank by market cap, said it has become the first Asian bank to use JPMorgan's (JPM) blockchain-based fixed income trading network Onyx, joining international heavyweights including Goldman Sachs (GS) and BNP Paribas (EPA).

Posted on 23/11/2022

Singapore’s official 2023 growth forecast gloomier than expected: analysts

SINGAPORE’S economic growth is officially forecast to slow to between 0.5 per cent and 2.5 per cent in 2023, a range that private-sector economists find surprisingly low. Read more at The Business Times.

Posted on 23/11/2022

Singapore among 4 countries to nominate the kebaya for UNESCO Intangible Cultural Heritage list

Singapore, Brunei, Thailand and Malaysia aim to submit the nomination of the kebaya to UNESCO in March 2023, with the result expected to be announced at the end of 2024.

Posted on 23/11/2022

Singapore fixed-asset investments fall to $956 million in Q3

Business investment declined markedly in the third quarter, likely due to weaker economic sentiment amid inflation concerns and the faltering global economy. Read more at straitstimes.com.

Posted on 23/11/2022

EMERGING MARKETS-Singapore’s dollar, stocks slide on disappointing growth outlook

Singapore projects GDP growth to ease in 2023 * Malaysian stocks fall for thirst consecutive session * Philippine stocks hit highest since Sept. 19 By Himanshi Akhand Nov 23 (Reuters) - Singapore's ...

Posted on 23/11/2022

Singapore’s slowing growth carries risk of technical recession in 2023: Analysts

Any recession will likely be a shallow one due to the offsetting tailwinds from lifting of local mobility and international travel restrictions. Read more at straitstimes.com.

Posted on 23/11/2022

UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholders

UOB EVOL cardholders will now be able to offset 100 per cent or more of their household electricity carbon footprint for free when they charge SP Group's (SP) utilities bills to their credit card, via ...

Posted on 23/11/2022

Singapore’s core inflation eases slightly to 5.1% in October; expected to stay elevated in next few quarters

SINGAPORE: Singapore's core inflation eased slightly to 5.1 per cent in October, driven by smaller increases in electricity and gas prices, retail, as well as other goods and service, official data ...

Posted on 23/11/2022

Singapore core inflation eases to 5.1% in October, first drop in 8 months

The headline consumer price index or overall inflation came in at 6.7%, down from September’s 7.5%. Read more at straitstimes.com.

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