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Month: December 2022

Posted on 05/12/2022

Tech start-ups shun Singapore and Hong Kong for US Spacs

Singapore and Hong Kong start-ups are sidestepping their home stock exchanges to merge with s (Spacs) in the US, as fundraising vehicles in the Asian financial hubs have yielded little on their exit ...

Posted on 05/12/2022

Q3 corporate profits rise on strong banking, commodity sector performance

THE banking and commodity sectors led Singapore-listed companies to a stronger set of earnings for the quarter ended September. Read more at The Business Times.

Posted on 05/12/2022

Singapore Property Prices: How much does a house cost in Singapore? (2022)

In extreme cases, there have been ‘million dollar flats’ resulting from sky high COVs. The breakthrough was 5-room HDB flat at Pinnacle@Duxton, which sold for an unprecedented $1.23 million in March ...

Posted on 05/12/2022

‘Singapore to see new wave of Covid infections’

Singaporeans should expect a new wave of Covid-19 infections with more people travelling and due to the upcoming year-end festivities, the Straits Times website quoted Health Minister Ong Ye Kung as ...

Posted on 05/12/2022

So you wanna be a K-pop idol? SM Entertainment to set up headquarters in Singapore

A top South Korean entertainment company responsible for some of the biggest K-pop acts is reportedly setting up a base in Singapore. SM Entertainment, the company handling K-pop groups like Girls’ ...

Posted on 05/12/2022

Citi announces leadership appointments in Asia Pacific Markets business

The new heads will be based in Singapore and Hong Kong. Citi has announced a series of leadership appointments in its equity derivatives, financial institution sales and solutions, and markets ...

Posted on 05/12/2022

Visa Appoints Adeline Kim as Country Manager for Singapore and Brunei

Payments giant Visa announced the appointment of Adeline Kim as its new Country Manager for Singapore and Brunei.

Posted on 05/12/2022

New York, Singapore are the World’s most expensive cities right now

Tel Aviv, which topped the rankings last year, was bumped into third position, Hong Kong and Los Angeles rounded out top five priciest places.

Posted on 05/12/2022

Rice exports likely to reach US$3.5 billion this year

VOV.VN - Vietnam is anticipated to rake in roughly US$3.5 billion from exporting more than seven million tonnes of rice this year, according to industry insiders.

Posted on 05/12/2022

Singapore braces for fresh Covid wave, ‘new variants of concern’ from China

Singapore was 'bound to have more infections' over the festive period, Health Minister Ong Ye Kung said - especially as China opens up more But he said the city state was now accustomed to waves of ...

Posted on 05/12/2022

First China, now Taiwan: Super-rich Taiwanese families looking to relocate to Singapore amid tensions & fears of forced reunification

It’s in the event they need to evacuate or situations like that,“ Clarence Foo, a senior associate division director at property agent Propnex Realty, told SCMP. /TISG Founded in 2013, The Independent ...

Posted on 05/12/2022

Stock Market Today: SGX Nifty, Asian markets, oil, dollar, LTIMindtree listing & more

Nifty futures on the Singapore Exchange quoted 47.50 points, or 0.25 per cent, higher at 18,872, hinting at a positive start for the domestic market on Monday.

Posted on 05/12/2022

Big cryptocurrency exchange Bybit lays off 30% of workforce as FTX contagion spreads

A prominent cryptocurrency exchange has been forced to make mass job cuts just weeks after FTX sensationally collapsed.

Posted on 05/12/2022

Singapore shares rise on Monday; STI up 0.4%

SINGAPORE stocks rose in early trade on Monday (Dec 5), following a mixed session on Wall Street last Friday. Read more at The Business Times.

Posted on 05/12/2022

More firms flock to co-working spaces in Singapore but rising costs hit operators’ profit margins

Occupancy has recovered from an average of 50% to 60% during the pandemic to 80% to 90% by the third quarter of 2022. Read more at straitstimes.com.

Posted on 05/12/2022

Does Singapore Airlines need to invest in Air India?

Will SIA passengers benefit? Still, it makes strategic sense to maintain an investment in the booming Indian aviation market. Read more at straitstimes.com.

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