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Month: November 2022

Posted on 16/11/2022

HSBC opens new head office in Singapore’s MBFC

The new premises are digitally enabled and support new hybrid ways of working for HSBC’s 4,000-strong local workforce.

Posted on 16/11/2022

5 Singapore Blue-Chip Stocks With Growing Profits: Can Their Share Prices Soar?

The IR comprises six luxury hotels, a world-class convention centre, a theme park (Universal Studios Singapore), a casino, and the S.E.A Aquarium and Adventure Cove waterpark. Genting released its ...

Posted on 16/11/2022

Introducing yuu, Possibly Singapore’s Best Loyalty Programme That Lets You Collect Points Across Multiple Brands In One App

Today, those have been largely replaced with loyalty rewards programmes that we can easily store on our mobile phones. Yet, the idea that we should stretch our money remains just as relevant, if not ...

Posted on 16/11/2022

New private home sales slump on lack of fresh major condo launches, rising mortgage rates

New private home sales slumped in October on the dearth of new major condo launches following the Sept 30 cooling measures, rising mortgage rates, low stock of unsold new units and rising ... ( read original story ...)

Posted on 16/11/2022

Tech talent still in demand in Singapore despite mass layoffs, say analysts

But tech professionals should expect smaller pay raises and hybrid roles in the new job market, analysts tell CNA.

Posted on 16/11/2022

Singapore-based Payash Capital objects to Arcelor inclusion in Srei bidding

Singapore-based Payash Capital, a 49 per cent stakeholder in Trinity Alternative Investment Managers Limited (TAIML), has opposed the decision of the administrator to include ArcelorMittal as a bidder ...

Posted on 16/11/2022

Singapore’s Sea Has Smaller-Than-Expected Loss on Cost Cuts

Sea Ltd.’s quarterly loss swelled less than analysts had estimated, helped by measures to curtail expenses as the Singapore online company’s growth slows.

Posted on 16/11/2022

Singapore home sales hit 2.5-year low as cooling curbs begin to bite

Singapore home sales dropped to the lowest since April 2020 as fresh property curbs soured residents’ typically strong buying appetite. New privately owned apartments sold by developers fell to 312 ... ( read original story ...)

Posted on 16/11/2022

FTX Not Licensed in Singapore, Monetary Authority of Singapore Says

Singapore’s central bank is “carefully reviewing” the license application of FTX.com local subsidiary Quoine Pte. Ltd, amid the bankruptcy blow-up of the disgraced crypto exchange.

Posted on 16/11/2022

DBS, OCBC, UOB raise interest rates for fixed home loans to up to 4.5%

SINGAPORE: DBS, OCBC and UOB raised their fixed home loan interest rates on Tuesday (Nov 15), with rates reaching up to 4.5 per cent. DBS, Singapore’s largest lender, has four fixed rate packages ...

Posted on 16/11/2022

The FTX debacle should spur regulation of crypto trading

Specialized crypto bourses like FTX burst forth through this conceptual hole. They helped create spectacular wealth, as evidenced by Bankman-Fried’s now-eviscerated $26 billion fortune. But although ...

Posted on 15/11/2022

Singapore Finance Ministry: Payouts to offset GST hike to start in Dec with cash handouts of up to S$700 for eligible Singaporeans

About 2.9 million adult Singaporeans will receive up to S$200 (RM665.18) in cash in December, as part of the Assurance Package that the Singapore ...

Posted on 15/11/2022

Sustainable financing for SMEs set to go up by 50% this year to over $3 billion: OCBC

The loans cover nine green project categories, including clean transportation, green buildings and renewable energy. Read more at straitstimes.com.

Posted on 15/11/2022

UOB, DBS, OCBC fixed home loan rates rise past 4%, 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 15/11/2022

Singapore’s Sea Posts Wider Adjusted Loss After Game Sales Drop

Sea Ltd.’s adjusted losses swelled in the third quarter as revenue growth at its e-commerce arm was offset by the biggest-ever sales drop at digital entertainment platform Garena.Most Read from ...

Posted on 15/11/2022

Asia-Pacific Mobile Advertising Growth Opportunities

The research identifies key market participants in the mobile advertising ecosystem and analyzes their competitive positions in the market. Geographic scope includes China, India, Singapore, and the ...

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