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Month: December 2022

Posted on 02/12/2022

Singapore’s Temasek fund ‘reviewing’ $275 million FTX loss

Singapore’s sovereign wealth fund Temasek Holdings is reviewing its $275 million investment in the now-bankrupt FTX crypto exchange, the city-state’s finance minister Lawrence Wong said. Temasek has ...

Posted on 02/12/2022

Singapore: Longer suspensions for two doctors who tried to exploit patient for sex

Two doctors who colluded to exploit a patient, with one introducing his patient to the other so that the latter could have sex with the woman, had their suspension periods increased on Friday.

Posted on 02/12/2022

Economist ranking: New York and Singapore the world’s priciest cities

A new Economist evaluation of the world's most expensive cities to live in has put New York and Singapore, two of the world's biggest travel hubs, at the top of a 172-city ranking. Tel Aviv has ...

Posted on 02/12/2022

‘Stunning victory’: Japanese fans in Singapore surprised by World Cup win over Spain

SINGAPORE: Japanese football fans in Singapore have been thrilled by the World Cup exploits of their national team, who came from behind to stun former champion Spain on Thursday (Dec 1).

Posted on 02/12/2022

Property tax will increase in 2023 as annual values rise

The property tax payable is derived by multiplying the property tax rate with the AV of the property. As a concession, owner-occupiers enjoy lower property tax rates for their homes, while all ... ( read original story ...)

Posted on 02/12/2022

Singapore stocks slide, tracking Wall Street declines; STI down 1%

ASIAN equities, including Singapore’s, were down on Friday (Dec 2), tracking a mixed Wall Street where two of the three key indices had closed lower. Read more at The Business Times.

Posted on 02/12/2022

Citi names four to Asia-Pacific markets business

Mario Serafino is appointed sole head of Asia-Pacific equity derivatives sales. In addition to managing the Asia-Pacific sales teams across equity derivatives flow and delta one, as well as ...

Posted on 02/12/2022

MetaComp becomes the latest crypto exchange to receive Singapore license

Singapore-based crypto exchange MetaComp has been granted Singapore’s license, enabling it to offer digital asset exchange and custody services to institutional investors.

Posted on 02/12/2022

Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline

Zipmex, the South Asian crypto exchange that froze withdrawals because of a ... The extension was granted by Singapore's High Court alongside a directive that states any takeover deal for Zipmex must ...

Posted on 02/12/2022

New York, Singapore are world’s most expensive cities. See top 10 list

According to the Economist Intelligence Unit's Worldwide Cost of Living survey, New York and Singapore are the world's most expensive cities to live in.

Posted on 02/12/2022

Singapore Launches ESG Impact Hub: What it Means for Green Finance

Singapore recently launched the environmental, social, and governance (ESG) Impact Hub to promote the country’s ESG ecosystem and set global standards for green and sustainable finance.

Posted on 02/12/2022

Singapore says windfall tax could curtail investment in greener fuels

“Arbitrary measures like windfall taxes will send the wrong signal to businesses and discourage them from investing in Singapore.” Green technologies clean up at Singapore’s Smart Port Challenge He ...

Posted on 02/12/2022

HSBC cutting at least 200 senior managers globally, say sources

HSBC is cutting as many as 15 per cent of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter ...

Posted on 02/12/2022

HSBC cutting at least 200 senior managers globally, says sources

HSBC is cutting as many as 15% of its 2,000 senior operations managers worldwide, as it attempts to streamline its management ranks and reduce costs, two sources with knowledge of the matter said.

Posted on 02/12/2022

Best fixed deposit rates in Singapore (November 2022): DBS, UOB, OCBC and more

Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don't need to do anything to earn this interest, just park ...

Posted on 02/12/2022

Singapore is the world’s most expensive city for the eighth time in a decade

Singapore has once again snagged the notorious title of ‘most expensive city in the world’, this time sharing the top spot with New York. We also hold the dubious honour of being the costliest city ...

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