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Month: December 2022

Posted on 28/12/2022

Singapore tech stock rout intensifies with US$110bil wipeout

The two companies, both listed in New York, are the largest tech firms in Singapore by market value. They were added to the MSCI Singapore Index with much fanfare over the past two years when there ...

Posted on 28/12/2022

Singapore tech stock rout intensifies with $148 billion wipeout in 2022

Investors betting on Singapore’s two largest internet companies are staring down hefty losses. Read more at straitstimes.com.

Posted on 28/12/2022

Singapore enterprises call out the lack of technology, skills, and data as the challenges for activating sustainability strategies

Other executives also added collaboration and lack of clarity around regulations to the list of challenges. Big businesses have been touting sustainability in recent years. In a recent CEO survey ...

Posted on 28/12/2022

Singapore Tech Stock Rout Intensifies With $110 Billion Wipeout

Investors betting on Singapore’s two largest internet companies are staring down hefty losses as rising interest rates and recession risks extended a tech rout that wiped out $110 billion from their ...

Posted on 28/12/2022

36 years’ jail for mastermind of scheme that led to S$8 billion penny stock crash in 2013

SINGAPORE: The mastermind of a scheme that led to the largest and most serious case of market manipulation in Singapore, which wiped out S$8 billion from the Singapore stock ma ...

Posted on 28/12/2022

S-Reit IPOs running scared in rising interest rate environment

THE end of 2022 marks more than a dozen years of drought in new real estate investment trust (Reit) listings on the Singapore Exchange (SGX). Read more at The Business Times.

Posted on 28/12/2022

Former world No. 1 Ko Jin-young to defend title at HSBC Women’s World Championship

It was a big achievement for me to win the HSBC Women’s World Championship last year as it had been a goal of mine with so many great players having won it over the years. I am excited to return to ...

Posted on 28/12/2022

Cash-for-residency scheme: time for Hong Kong to catch Singapore in family office programme, consultants say

Since Hong Kong suspended its investment migration scheme in 2015, Singapore has burnished its role as the Asian hub for family offices. It’s time for the Chinese city to make up for lost ground, says ...

Posted on 28/12/2022

Singaporean nabbed for forgery after two years on the run

NELSON Loh, co-founder of Novena Global Healthcare Group (NGHG), and his employee Michael Wong have been arrested and charged, the police said.

Posted on 28/12/2022

S-Reit IPOs run scared in rising interest rate environment

THE year 2022 marks the first year in 12 that there will be no new real estate investment trust (Reit) listings on the Singapore Exchange (SGX). Read more at The Business Times.

Posted on 28/12/2022

Singaporeans hit the malls on smart shopping spree before sales tax hike

Singaporean Soif Noor has already bought furniture and appliances for his new home, four months before he can move in. Like many residents, he's been on a spree - because on Jan. 1 Singapore's sales ...

Posted on 28/12/2022

China’s border reopening brightens recovery of Singapore’s aviation sector, but uncertainties remain: Experts

SINGAPORE: China’s latest move to scrap COVID-19 quarantine rules for entry into the country will be a boost to Singapore’s aviation sector, said experts who described the easing ...

Posted on 28/12/2022

Raffles Students Received Scholarships By Ministry Of Education, Singapore To Shine Out And Reach Their Full Potential

Providing a nurturing environment to every student, The Raffles Christian Group of Schools’ eagle-eye students were awarded Bukit Panjang Government High School (BPGHS) Scholarships by the Ministry of ...

Posted on 28/12/2022

Deliveroo sees room to grow grocery, food delivery in Singapore despite competition

THE market for food delivery has been “intensely competitive” in Singapore, but UK-based Deliveroo still sees room to build on its presence here. It wants to grow its grocery delivery business too, ...

Posted on 28/12/2022

Singapore travel-related firms ‘excited’ about prospect of China tourists returning; some concerned about manpower crunch

As China loosens infection controls and travel restrictions due to the Covid-19 pandemic, segments of the tourism sector in Singapore are warming up to the prospect of incoming travellers from there.

Posted on 28/12/2022

OCBC said to hire ex-Goldman’s Jason Moo as CEO for Bank of Singapore

Moo, a Singaporean, will start at Bank of Singapore next year, said the person, who declined to be identified discussing confidential details. The executive left Julius Baer Group Ltd. in mid-December ...

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