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Month: January 2023

Posted on 26/01/2023

Despite high residential property prices, Singapore is a good investment destination

High residential property prices in Singapore should not discourage a savvy real estate buyers. The post Despite high residential property prices, Singapore is a good investment destination appeared ...

Posted on 25/01/2023

Shifting from Singapore to India cost PhonePe investors Rs 8,000 Cr in taxes

Sameer Nigam, Co-founder and CEO of PhonePe, said Indian laws pose several challenges for startups that want to shift domicile to India.

Posted on 25/01/2023

Investors forked out Rs 8000 cr to shift base from Singapore to India, says PhonePe CEO Sameer Nigam

The company completed the move in October when it shifted all businesses and subsidiaries of PhonePe Singapore to PhonePe Pvt Ltd ... to raise funds from other investors who may have their investment ...

Posted on 25/01/2023

Black Box Of Crashed Nepal Aircraft To Be Sent To Singapore For Examination: Official

Nepal decided to take the black box to Singapore as the two countries have a memorandum of understanding to assist in the field of aviation.

Posted on 25/01/2023

Reits lead Singapore stocks higher on Wednesday; STI up 1.8%

SINGAPORE stocks jumped higher on Wednesday (Jan 25) with real estate investment trusts (Reits) leading the gainers, as investors returned after the Chinese New Year holidays. Read more at The ...

Posted on 25/01/2023

Singapore’s Sea said to be eyeing sale of Phoenix Labs to cut costs

SEA Ltd is considering a sale of Vancouver-based indie developer Phoenix Labs as the South-east Asian Internet giant slashes costs and focuses on its core business, said sources.  Read more at The ...

Posted on 25/01/2023

EMERGING MARKETS-Thai baht unchanged after c.bank hikes rates; Singapore stocks rally

Thai baht, stocks unchanged after rates decision * Singapore shares hit near 9-mth high * China, Taiwan, Hong Kong closed for new year By Savyata Mishra Jan 25 (Reuters) - The Thai baht was broadly ...

Posted on 25/01/2023

Singapore’s Sea Is Said to Eye Sale of Phoenix Labs to Cut Costs

Sea Ltd. is considering a sale of Vancouver-based indie developer Phoenix Labs as the Southeast Asian internet giant slashes costs and focuses on its core business, according to people familiar with ...

Posted on 25/01/2023

Digital red packets proving popular during CNY; $5m topped up in DBS QR gift cards over 2 days

Some banks see customer adoption hitting a record high over the Chinese New Year period. Read more at straitstimes.com.

Posted on 25/01/2023

Singapore’s core inflation at 5.1% in December, averaged 4.1% for 2022

SINGAPORE: Singapore’s core inflation came in at 5.1 per cent a year-on-year (y-o-y) basis in December, unchanged from November, according to the Monetary Authority of Singapore (MAS) and the republic ...

Posted on 25/01/2023

Singapore Inflation At 7-Month Low On Weaker Transport Costs

Singapore consumer price inflation eased at the end of the year to the lowest level in seven months, largely due to a moderation in ...

Posted on 25/01/2023

CMC Markets gets green light for Singapore launch, trading in line after January rebound

CMC Markets PLC (LSE:CMCX) said a regulatory green light had been agreed for the launch of CMC Singapore Invest, while trading for the year to 31 March was ...

Posted on 25/01/2023

Singapore’s December Core Inflation Rises 5.1%

Singapore's key consumer price gauge rose 5.1% in December, slightly higher than forecast, official data showed on Wednesday. The core inflation rate - which excludes private road transport and ...

Posted on 25/01/2023

Stock Market LIVE Updates: Sensex down 150 pts, Nifty below 18,100; CarTrade Tech gains 5%, MOSL falls 5%

Nifty futures on the Singapore Exchange traded 28 points, or 0.15 per cent, lower at 18,176.50, signaling that Dalal Street was headed for a negative start on Wednesday. Headline equity index Nifty ...

Posted on 25/01/2023

Thai baht down ahead of policy decision; Singapore leads Asian shares up

Asian emerging markets trickled back to life on Wednesday after the Lunar New Year holiday, with the Thai baht dipping ahead of a central bank policy rate decision, while Singapore shares hit a near ...

Posted on 25/01/2023

Best credit card promotions in Singapore: Citibank, UOB, DBS (January 2023)

When it comes to credit card promotions these days, we're spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple ...

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