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Month: November 2022

Posted on 18/11/2022

Deep tech Singapore venture firm targets new US$200 mil fund

The Singapore-based firm, which is led by a team of mostly women, is targeting a fifth fund to add to its existing US$400 million-plus under management. “I started out investing in semiconductor ...

Posted on 18/11/2022

Singapore property investment drops 30% to USD3.7b in Q3

The total investment year-to-date is now at USD16.7b. Singapore property investment’s strong momentum of the first two quarters of 2022 slowed in Q3 according to Colliers, as market players adjusted ... ( read original story ...)

Posted on 18/11/2022

Man linked to scams involving S$3.7 million charged in Singapore after being arrested in Malaysia

Muhammad Tarmidzi Tahir has been linked to investment scams, job scams, fake friend impersonation scams and Government official impersonation scams involving more than 50 victims.

Posted on 18/11/2022

Briefs: Greening businesses and countries will take time, says Temasek CEO, NoonTalk Media to list on SGX

Follow us on Facebook and join our Telegram channel for the latest updates. Quoteworthy: "Had I been a bit more concentrated on what I was doing, I would have been able to be more thorough." — FTX ...

Posted on 18/11/2022

Photos: DBS opens doors to new, sustainability-driven 11,300 sq. ft employee café

ft of space devoted to advancing team DBS' sustainability agenda. Located in Singapore’s Marina Bay Financial Centre Tower 3, the café’s operations have a host of sustainability features, such as a ...

Posted on 18/11/2022

SGX Nifty rises 56 points: Asian markets firm; FPI buying, market outlook & more

SGX Nifty signals a positive start Nifty futures on the Singapore ... the market-wide position limit (MWPL). No new positions can be created in the derivative contracts of said security. This ...

Posted on 18/11/2022

In wake of FTX collapse, Lawrence Wong says Singapore ‘not open to crypto speculation at all’

SINGAPORE: Singapore may want to go big on the "tremendous potential" of digital assets, but it is not open to crypto speculation at all, Deputy Prime Minister Lawrence Wong said on Thursday (Nov 17).

Posted on 18/11/2022

Singapore’s Temasek writes down its $275 million investment in collapsed FTX, calling its belief in founder Sam Bankman-Fried ‘misplaced’

Temasek said the write-down of its FTX investment will occur irrespective of the outcome of the crypto company's bankruptcy filing.

Posted on 18/11/2022

Singapore’s state-owned Temasek writes down entire US$275 million investment in FTX as fallout from collapsed crypto firm spreads

Temasek’s action reflects how major investors were caught off guard by FTX’s collapse and how they are now moving to distance themselves from the failed cryptocurrency exchange.

Posted on 18/11/2022

Douglas Todd: Singapore has impressive housing success. Can we?

Singapore’s politicians also curb speculation by local investors. A year ago they slapped a 17 per cent tax on citizens who buy a second property and 25 per cent tax on their third property. They do ... ( read original story ...)

Posted on 17/11/2022

These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?

A share price jump could indicate investor optimism regarding positive business developments. The post These 4 Singapore Stocks Surged 7% or More Last Week: Is it Time to Jump on the Bandwagon?

Posted on 17/11/2022

Singapore man linked to scams that duped over 50 victims of $3.7m arrested in Malaysia

The suspect is believed to have procured Singapore bank accounts through various chat platforms such as Telegram and Facebook. Read more at straitstimes.com.

Posted on 17/11/2022

UOB, DBS, OCBC raise fixed home loan rates to up to 4.5%, highest in almost two decades, say analysts

Home loan rates went past the 4 per cent mark on Tuesday (Nov 15) after three major banks here raised their fixed rate packages, with the United Overseas Bank (UOB) being the highest at 4.5 per cent ...

Posted on 17/11/2022

Singapore takes strong stance against crypto speculation and trading, says Lawrence Wong

Even before FTX's implosion happened, Singapore had been looking at tightening rules on crypto trading and retail investors’ access to crypto, says the Deputy Prime Minister.

Posted on 17/11/2022

Man in Singapore gets 23 years’ jail for raping intellectually disabled daughter after wife stopped being intimate

After his wife stopped being intimate with him, a 58-year-old man turned to raping his intellectually-disabled daughter multiple times over the course ...

Posted on 17/11/2022

Singapore versus Hong Kong’s 62 IPOs in 2022

As a case in point, this year, when growth in both China and Hong Kong slowed on the back of multiple Covid lockdowns, and mainland and Hong Kong capital made their way to the Lion City, for the 10 ...

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