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Month: January 2023

Posted on 19/01/2023

OANDA Explores Singapore’s Retail Trading Trends for 2023

At this time of year, the financial media frequently publishes articles outlining possible market scenarios for retail traders. While markets continue to be unpredictable, one of the lenses that can ...

Posted on 19/01/2023

Singapore: NODX retreated markedly in 2022 – UOB

Senior Economist at UOB Group Alvin Liew reviews the latest NODX figures for the past year. “Singapore’s non-oil domestic exports (NODX) headline again came in worse than even our pessimistic forecast ...

Posted on 19/01/2023

LTE Base Station Market Size 2023 with Regional Scope, Report Coverage, Historic Data, Outlook 2028

LTE Base Station market size is estimated to be worth USD 50830 million in 2022 and is forecast to a readjusted size ...

Posted on 19/01/2023

IMDA investigating virtual telco Gorilla for halting mobile services without seeking authorities’ approval

The authorities are investigating Gorilla Mobile for not seeking the necessary approval before halting their mobile services, after the virtual telco earlier announced that it was stop ...

Posted on 19/01/2023

Singapore Economic Expansion Moderates As Global Economy Slows

The Singapore economy grew at a pace of 3.8% year-on-year in 2022, helped by the significant easing of pandemic-related restrictions.

Posted on 19/01/2023

Singapore court raises bail for alleged nickel trading scammer Ng Yu Zhi to S$6mil

Alleged nickel trading scammer Ng Yu Zhi’s S$4 million bail was raised to $6 million on Thursday (Jan 19), and he now faces the prospect of being jailed for more than 20 years if convicted after his ...

Posted on 19/01/2023

Tata Tech Starts Work on IPO to Raise up to ₹4k Cr

N Chandrasekaran-led Tata group has initiated the process to list Tata Technologies through an initial public offering (IPO).

Posted on 19/01/2023

Leo Wealth acquires Singapore’s Jachin Capital

Leo Wealth’s Singapore office will be headed by Jachin Capital founder and CEO Joyce Woo, a wealth management veteran with over 30 years of corporate and private banking experience in Singapore and ...

Posted on 19/01/2023

UOB Kay Hian lifts ThaiBev’s TP to 85 cents as Chinese tourists return

With the return of Chinese tourists to Thailand, UOB KH sees that ThaiBev stands to benefit from higher alcohol consumption levels ...

Posted on 19/01/2023

UOB to issue S$850m perpetual capital securities with 5.25% rate per annum

The distribution rate will reset on 19 January 2028 and every five years thereafter. United Overseas Bank is issuing S$850m perpetual capital securities with a fixed distribution rate of 5.25% per ...

Posted on 19/01/2023

UOB first out of the blocks in SGD bond market

The United Overseas Bank (UOB) opened the Singapore dollar bank capital market in 2023 when it priced on January 12 an S$850 million (US$644 million) additional tier 1 (AT1) offering. The perpetual ...

Posted on 19/01/2023

Wealthy foreigners gain less from buying Singapore property through family offices, experts say

WHILE foreign interest in Singapore properties has been on the rise in recent years, wealthy foreigners are likely buying assets under their individual names – instead of through their family offices ...

Posted on 19/01/2023

Singapore Hotel Tycoon Ho Kwon Ping To Double Banyan Tree’s Branches As China Reopens

Banyan Tree’s founder and chairman Ho Kwon Ping is busy planting 50 new hotels as the global tourism industry looks primed to come roaring back.

Posted on 19/01/2023

Analysts Offer Insights on Technology Companies: Netflix (NFLX) and Singapore Technologies Engineering (OtherSGGKF)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Netflix (NFLX – Research Report) and ...

Posted on 19/01/2023

CIMB Bank Singapore depicts the family dramas facing 15 year old Luna

The video, which was conceptualised and developed with Little Red Ant agency, is part of the bank’s Chinese New Year campaigns that comes alongside a plethora of offers and activities.

Posted on 19/01/2023

Russian oil is getting mixed in Singapore and then re-exported, sources say

This trend of more Russia-to-Asia shipments and the growing role of hubs in their re-distribution may further intensify ...

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