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Month: November 2022

Posted on 04/11/2022

Singapore seafood prices edge higher after supply crunch caused by bad weather

The onset of bad weather in the region well ahead of the usual monsoon season has meant that some types of seafood, such as pomfret, prawns and red ...

Posted on 04/11/2022

As T-bill interest rates rise, more are investing their CPF savings in them. Should you do the same?

More than 3,000 applications – amounting to S$450 million – were made by CPF members to invest their Ordinary Account savings in the three T-bill auctions last month.

Posted on 04/11/2022

Singapore Bank OCBC’s Q3 Profit Jumps 31% to Record High on Rates

Southeast Asia's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a 31% rise in quarterly profit to a record high, powered by a surge in net interest income as banks benefit from ...

Posted on 04/11/2022

Singapore bank OCBC’s Q3 profit surges to record on rates

Southeast Asia's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) beat market estimates with a 31% rise in quarterly profit to a record on Friday, powered by a surge in net interest ...

Posted on 04/11/2022

Insead: Singapore ranks 2nd after Switzerland at attracting talents but has trouble retaining them

Singapore moved up one spot this year to rank sixth among cities in attracting and developing talent, while retaining its second position behind Switzerland ...

Posted on 04/11/2022

Explainer: What the US Fed’s latest signals on rate hikes mean and the implications for Singapore

In delivering its fourth straight steep interest rate hike on Thursday (Nov 3) to quell inflation, the United States Federal Reserve (Fed) signaled that it could slow down the pace of future rate ...

Posted on 04/11/2022

Singapore to pursue cross-border digital currency potential

Monetary Authority of Singapore will work with global partners, including Swiss National Bank and Banque de France, to explore the use of wholesale central bank digital currency for cross-border ...

Posted on 04/11/2022

Singapore ranks 2nd after Switzerland at attracting talents but has trouble retaining them: Insead

Singapore moved up one spot this year to rank sixth among cities in attracting and developing talent, while retaining its second position behind Switzerland in the ranking among countries.

Posted on 04/11/2022

Explainer: What the US Fed’s latest signals on rate hikes mean and what are the implications for Singapore?

In delivering its fourth straight steep interest rate hike on Thursday (Nov 3) to quell inflation, the United States Federal Reserve (Fed) signaled that it could slow down the pace of future rate ...

Posted on 04/11/2022

Global Health IPO subscribed 26%; Five Star IPO to open on Nov 7

Global Health IPO subscribed 26% The initial public offering (IPO) of Global Health, the company which owns the “Medanta” chain of hospitals was subscribed 26 per cent on Thursday, the first day of ...

Posted on 04/11/2022

Singapore suspends imports of live chicken broilers from two Malaysian farms

The Singapore Food Agency (SFA) has suspended imports of live chicken broilers from Meng Kee Poultry (M) Sdn Bhd and Sdian Hup Farming Sdn Bhd after detecting Salmonella enteritidis in samples from ...

Posted on 03/11/2022

Global Banks, Temasek Fund Series A for Partior, a Cross-Border Payments and Value Exchange Provider

Partior has raised a Series A led by Standard Chartered with the support of existing investors JP Morgan, DBS, and Temasek - the Singapore government's ...

Posted on 03/11/2022

Despite suspension of LNG import, govt decides to increase listed suppliers’ numbers

Singapore. However, it is not clear whether the government will withdraw suspension on import immediately or not. The government earlier suspended the import of LNG from international spot market in ...

Posted on 03/11/2022

PetroChina among new int’l firms for Bangladeshi LNG import

PetroChina is among the eight new international firms the Bangladeshi government has listed to purchase LNG (liquefied natural gas) from the spot market. The Bangladeshi government approved a proposal ...

Posted on 03/11/2022

Singapore Fintech Festival 2022: Saxo launches digital wealth advisory solution

During the week of Singapore Fintech Festival 2022, Finextra caught up with Saxo's APAC CEO Adam Reynolds and regional head of Saxo Institutional Ivan Chang at their offices in Singapore to discuss ...

Posted on 03/11/2022

Singapore’s property market cools as public home sales plunge

SINGAPORE: Singapore’s housing market is flashing early signs of cooling as recent property curbs weigh on buyer demand. Resales of apartments owned by the – Singapore’s public housing authority – ... ( read original story ...)

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