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Month: January 2023

Posted on 30/01/2023

Singapore’s employment rates for senior workers rose up to 70.6% in 2022, says Manpower Minister

Singapore has seen employment rates for senior workers improve amid efforts to help them stay productive. For seniors aged 65 to 69, 47.5 per cent were employed in 2022, an increase of about three ...

Posted on 30/01/2023

Malaysia to export 100MW of electricity to Singapore after joint agreement

SINGAPORE: A two-year trial that will see Singapore import 100 megawatts (MW) of electricity from Peninsular Malaysia began on Monday (Jan 30), after a joint agreement between YTL PowerSeraya and TNB Genco.

Posted on 30/01/2023

Malaysia hails close ties with Singapore as deals struck over green, digital economy

Anwar met Singapore Prime Minister Lee Hsien Loong and President Halimah Yacob in first official visit to city state Malaysian leader says both sides need to explore new areas of cooperation while ...

Posted on 30/01/2023

Singapore Grab driver allegedly earns over $6,000 in 1 week, netizens in disbelief

A Singapore driver reportedly earned S$6,020.20 in one week. A viral Facebook photo of his earnings sparked debate amongst netizens.

Posted on 30/01/2023

YTL PowerSeraya, TNB Genco to export 100MW of electricity to Singapore

YTL Power International Bhd’s wholly-owned subsidiary, YTL PowerSeraya Pte Limited and TNB Power Generation Sdn Bhd (TNB Genco), a wholly-owned subsidiary of Tenaga Nasional Bhd (TNB) have teamed up ...

Posted on 30/01/2023

US, Singapore, UK lead in offshore business presence in India

A foreign company is defined under the Companies Act as an entity incorporated outside India which has a place of business in India whether by itself or through an agent. Any company incorporated in ...

Posted on 30/01/2023

China E-Commerce Giant Alibaba Falls After Reports of Move to Singapore

Stock in Alibaba the Chinese e-commerce site, fell 7% in Hong Kong trading on Monday after reports the company is moving its headquarters out of the country. Alibaba (ticker: HK:9988) to be building a new campus in Singapore,

Posted on 30/01/2023

Paw-tection Plan: Singapore SPCA urges public to keep a lookout for pack of cat-killing stray dogs

The Society for the Prevention of Cruelty to Animals in Singapore (SPCA) has put up a post for the public to keep a lookout for a pack of dogs involved in the attack and killing of several community cats.

Posted on 30/01/2023

Singapore and Malaysia sign agreements to deepen cooperation in digital, green economy

The green economy agreement is the first that Malaysia has signed with any country. Read more at straitstimes.com.

Posted on 30/01/2023

Singapore women’s team rise to top of the world rankings in tchoukball

Singapore can now claim to have a women's team ranked No.1 in the world - in the relatively obscure sport of tchoukball.

Posted on 30/01/2023

Revolut adds platinum and palladium to its commodities trading feature in Singapore

British fintech company Revolut has added two more precious metals — platinum and palladium to the list of commodities that its customers in Singapore can trade through its app. Today, Revolut ...

Posted on 30/01/2023

Singapore’s Sea to boost investments in Malaysia, creating more than 2,000 jobs

Shopee said it will expand its footprint in Malaysia through a newly constructed mega warehouse in Klang. Read more at straitstimes.com.

Posted on 30/01/2023

UOB to ‘lead the pack’ when Singapore banks report 4QFY2022 results in February: CGS-CIMB

We expect Singapore banks to report a rather flattish q-o-q set of earnings for 4QFY2022 as risk-off sentiment remains amid slowing global growth and interest rate uncertainties.” While NIMs are ...

Posted on 30/01/2023

Why is the market shorting the Singapore dollar?

IT’S that time of the year when analysts and economists share their predictions and outlook for the year - including that for the Singapore dollar and forex market. Read more at The Business Times.

Posted on 30/01/2023

Rent in Singapore 2023: How much does it cost to rent a room?

With rental rates skyrocketing in the past few years, what’s the average cost of HDB rental in Singapore these days? Rental rates for HDB flats in ... ( read original story ...)

Posted on 30/01/2023

UOB ventures into the metaverse, continues to see potential in blockchain technology

Despite the crypto market crash, institutions such as UOB have continued to show an interest in blockchain technology.

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