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Month: November 2022

Posted on 09/11/2022

The Straits Times | Singapore unveils first climate conference pavilion at COP27

Singapore launched its first-ever pavilion at a climate conference at COP27 with the aim of showcasing the Republic's efforts through innovation in green finance ...

Posted on 09/11/2022

Laws proposed to regulate electric vehicle chargers in Singapore, require operators to be licensed

These were among the features of the Electric Vehicles Charging Bill, which will give the Land Transport Authority (LTA) powers to regulate EV chargers used in Singapore, impose a licensing regime on ...

Posted on 09/11/2022

Grab-led Singapore digital bank executive steps down

GXS Bank, the digital banking joint venture between ride-hailing company Grab Holdings and Singapore Telecommunications, on Wednesday said its Executive Director Rueben Lai would leave the bank at the ...

Posted on 09/11/2022

S’pore’s DBS, other SE Asia banks gain on MUFG in market cap

DBS’s market capitalisation stood at US$63.4 billion on Monday while BCA finished at US$68.6 billion, according to data from Refinitiv. The figures hover around MUFG’s market cap of US$63.7 billion.

Posted on 09/11/2022

As Singapore Parliament approves higher carbon prices, some MPs fear business toll but others want heftier emissions tax

Parliament yesterday (November 8) voted to sharply increase the tax on carbon emissions over the next five years but not before some Members of ...

Posted on 09/11/2022

Australia falling behind Singapore in green finance stakes

While Australia has come relatively late to taking the business of climate change seriously, Singapore is showing the way in exploiting potential opportunities in green financing.

Posted on 09/11/2022

Singapore to raise carbon tax after Bill passed in Parliament, WP’s proposals rejected

Workers' Party MPs Leon Perera and He Ting Ru had their suggested amendments to the Carbon Pricing (Amendment) Bill rejected.

Posted on 09/11/2022

Singapore Stock Market Has Positive Lead For Wednesday

(RTTNews) - The Singapore stock market has finished higher in three straight sessions, improving almost 45 points or 1.5 percent along the way. The Straits Times Index now rests just above the ...

Posted on 09/11/2022

SGX Nifty gains 44 pts: Tata Motors Q2 results, two new IPOs, TechM dividend & more

Nifty futures on the Singapore Exchange quoted 44 points, or 0.24 per cent, higher at 18,391.50. The level suggests further gains over Nifty's Monday's closing ...

Posted on 09/11/2022

OCBC Investment Research cuts SIAEC’s target price on cost pressures

OCBC Investment Research’s Chu Peng has maintained her “buy” rating on SIA Engineering Company (SIA EC) but has cut her fair value estimate from $2.90 to $2.60 in light of the company’s 1HFY2023 ended ...

Posted on 09/11/2022

Singapore yard may have quit US over cost overrun fears on $1.8bn order

Analysts say project was already running well behind schedule and was a drag on company results Fears of a massive cost overrun on a potential SGD 2.6bn ($1.8bn) newbuilding project may have been ...

Posted on 09/11/2022

Singapore minister: Hospitals no longer reserving whole wards for Covid-19 patients to ease pressure on emergency departments

Health Minister Ong Ye Kung yesterday (November 8) announced measures to ease crowded hospital emergency departments, a situation he called ...

Posted on 09/11/2022

Singapore helps to rescue over 300 suspected migrants from sinking boat off Vietnam

More than 300 people aboard a wooden vessel were rescued at sea on Monday (November 7) off the coast of Vietnam after their boat started sinking ...

Posted on 09/11/2022

Singapore key to Shein’s South-east Asia ambition, says Shein’s Singapore head

SINCE Leonard Lin moved into his new office at Marina Bay Financial Centre in August, the Singapore head of Chinese fashion retail juggernaut Shein has been busy building up operations here. Read more ...

Posted on 09/11/2022

Crypto exchange FTX’s token leads major coins in slide as investor jitters rattle market

By Tom Westbrook, Tom Wilson and Hannah Lang LONDON/SINGAPORE (Reuters) -The in-house token of major crypto exchange FTX slumped on Tuesday, losing one-third of its value and dragging down other major ...

Posted on 09/11/2022

Tokyo & Singapore: Friendly Competitors

The race to establish global financial centres is often pitted as a fierce competition where the winner-takes-all.

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