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Month: January 2023

Posted on 13/01/2023

UOB prices S$850m in 5.25% perpetual capital securities, first callable in 2028

UOB has priced S$850 million in 5.25 per cent perpetual capital securities on Thursday (Jan 12), which will be first callable in 2028. Read more at The Business Times.

Posted on 13/01/2023

Why Singapore isn’t imposing new travel rules on visitors from China

Singapore's government cites statistics to show why new rules for Chinese travelers won't necessarily make Singapore safer from Covid-19 right now.

Posted on 13/01/2023

Singapore’s Art-Hub Ambitions Get Turbocharged by Record Wealth

Singapore’s nascent art scene perks up as rich collectors and international galleries descend on the city-state for a new art fair.

Posted on 13/01/2023

Singapore stocks open higher on Friday; STI up 0.7%

SINGAPORE stocks rose in early trade on Friday (Jan 13), following overnight gains in the US and Europe markets. Read more at The Business Times.

Posted on 13/01/2023

Students with better grades applying to Singapore Institute of Technology

SINGAPORE - More students who have scored better grades than previous cohorts are applying to take up courses at the Singapore Institute of Technology (SIT).  Read more at straitstimes.com.

Posted on 13/01/2023

Singapore managers upbeat on Asian markets but fret about inflation, global slump, poll finds

Singapore fund managers are optimistic about Asian stocks and bonds driven by China’s recovery, but worry about inflation and an economic slump, with more than two-thirds polled by the Investment ...

Posted on 13/01/2023

Singapore home auctions by banks likely to rise in 2023

More private residences are expected to be put up for auction by banks and distressed owners this year should the economy slow further and higher mortgage rates start to hurt more homeowners, say ...

Posted on 13/01/2023

Factbox-The many companies in Digital Currency Group’s crypto empire

U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after one of its companies, Genesis, froze customer withdrawals in November.

Posted on 13/01/2023

Penn Color opens technology center in Singapore

Penn Color in Hatfield, Pa., said that the facility will allow the firm to be closer to its Asia-Pacific customers and to better meet their needs.

Posted on 13/01/2023

Investments in ports foretell the future of global commerce

Tuas is a vision of the future on two fronts. It illustrates how port operators the world over are deploying clever technologies to meet the demand for their services in the face of obstacles to the ...

Posted on 13/01/2023

Twitter Employees Were Evicted From Their Singapore Office Over Unpaid Rent

Twitter employees at the company’s Singapore office were evicted on Wednesday and reassigned as remote workers.

Posted on 13/01/2023

CBRE wins US$3 billion property mandate from Singapore’s Income Insurance

US property investment specialist CBRE Investment Management has won a mandate to manage Singapore’s Income Insurance’s US$3 billion real estate portfolio. The portfolio includes property assets which ... ( read original story ...)

Posted on 13/01/2023

EMA says no setback to Singapore’s plans to import clean energy, following Sun Cable’s demise

THE surprise collapse of Sun Cable, a company that has been in talks with Singapore for the past two years to supply 1.75 gigawatts (GW) of solar power via potentially the world’s longest submarine ...

Posted on 12/01/2023

Gap Widens for Asia Banking ESG Leaders and Laggards

Asia’s major banks are seeing a widening gap between ESG leaders and laggards, as regulators in the region ramp up scrutiny of sustainable finance, according to WWF-Singapore. While leading banks in ...

Posted on 12/01/2023

5 interesting takeaways from the rare property losses in Singapore’s booming market in 2022

Housing supply was (and still is) at a critically low point, and prices rose across all segments despite cooling measures. It would seem as though sellers couldn’t take a bad ... ( read original story ...)

Posted on 12/01/2023

Crypto crime volume hits all-time high on the back of more sanctions

The illicit transaction volume went up to US$20.1 billion (S$26.7 billion) last year. Read more at straitstimes.com.

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