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Month: January 2023

Posted on 21/01/2023

Singapore expects to avoid economic recession but growth also depends on external conditions, says PM Lee

The Republic expects to avoid an economic recession and still grow the economy, but this will depend on external conditions as well, said Prime Minister Lee Hsien Loong.

Posted on 21/01/2023

Singapore’s budget carrier Scoot says travel agent didn’t inform Amritsar flyers about new flight timings

Scoot Airlines, in its reply to the DGCA notice, said that the affected passengers were offered options to rebook free on another flight within 14 days, 120 per cent refund in form of vouchers and 100 ...

Posted on 21/01/2023

‘Dark clouds’ loom with possible recession in developed countries, but Singapore should be able to avoid same fate: PM Lee

SINGAPORE: Even as Singapore is likely to avoid a recession this year, there are still “many dark clouds” around the world, and Singapore will need to make the most of its advantages to weather this ...

Posted on 21/01/2023

Singapore’s young ponder Lunar New Year’s hongbao custom: ‘financial strain is painful’

It's traditional for cash-filled hong bao, or ang pow, to be given by married couples to parents, single adults, children at Lunar New Year; But some, including newlyweds, find th ...

Posted on 21/01/2023

Singapore charities see 50% more donations leading up to Chinese New Year | Video

With Chinese New Year around the corner, some charities are seeing as much as 50 per cent more in-kind donations than usual. To cope with the increasing amount of donated goods, some charities have to ...

Posted on 21/01/2023

Singapore merchants introduce Chinese New Year surcharges as high as S$15 | Video

Merchants in Singapore are introducing surcharges as high as S$15 on their goods and services, and as early as two weeks before Chinese New Year. Some say the extra profit makes up for lost business ...

Posted on 21/01/2023

The Big Read in short: Impact of digital banking divide on seniors

Retired engineer Choo Boon Hock, 72, has an internet banking account, but the only time he used it left him utterly frustrated when he found himself “going in circles” with a chatbot.

Posted on 21/01/2023

Singapore travellers to Malaysia undeterred by checkpoint jams, some celebrating CNY with family for first time since Covid-19

Those who are planning to drive up north for Chinese New Year are prepared for long traffic jams at the checkpoints, with some planning to stock up on ...

Posted on 21/01/2023

‘I paint from imagination’: Singapore artist Yip Yew Chong on ‘marathon’ painting that took 1.5 years

Yip Yew Chong plans to hold an exhibition in the second half of this year to display all 27 panels of his latest canvas painting.

Posted on 21/01/2023

Fixed rate home loans at some banks down from recent highs

SINGAPORE: After a series of sharp increases, fixed rate home loans offered at some banks appeared to have reversed their uptrend slightly of late. OCBC told CNA that it rolled out “promotional rates” ...

Posted on 21/01/2023

Crypto Lender Genesis Is FTX’s Largest Unsecured Creditor With $226M in Claims

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Crypto lender Genesis Global Capital has turned out to be the largest unsecured creditor of FTX.com ...

Posted on 21/01/2023

Son goes viral for upgrading mother’s business class seat to Singapore Airlines Suites cabin

An Indonesian man went viral this month for upgrading his mother’s business class seat to a Singapore Airlines Suites cabin. On Jan. 5, TikTok user Adriel (@adrieltjokro) posted a 39-second video ...

Posted on 21/01/2023

Singapore firms expect business impact from metaverse, ESG

Metaverse, embedded and decentralised finance, and environmental, social, and governance (ESG) are amongst top innovations businesses in Singapore believe will impact their business over the next 12 ...

Posted on 21/01/2023

M1xchange rolls out new offering M1 NXT, an international trade finance platform

Gift-City regulator International Financial Services Centre Authority (IFSCA) has granted licence to M1 NXT (Mynd IFSCA P LTD) to set up International Trade Finance Services (ITFS) platforms in order ...

Posted on 21/01/2023

Singapore’s Covid-19 situation stable but ‘stay vigilant even as we celebrate’ CNY: PM Lee

SINGAPORE has thus far maintained its Covid-19 posture even as it is watching external pandemic trends warily, said Prime Minister Lee Hsien Loong on Saturday (Jan 21), as he called on Singaporeans to ...

Posted on 21/01/2023

World’s Most Spectacular Airport, Singapore’s Changi, To Double In Size

Singapore’s Changi Airport is getting ready to double in size, according to CNN. The airport has long been hailed as the best and most beautiful airport in the world. Now, details have been released ...

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