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Month: January 2023

Posted on 06/01/2023

Fixed deposit rates inch up above 4% as Singapore banks continue to woo savers

But these promotional rates might be coming to an end with global central banks easing up on interest rate hikes, an expert says.

Posted on 06/01/2023

Singapore’s fashion scene is taking off, and some players are heading overseas

SINGAPORE fashion brands are gaining popularity among local consumers, with some consumers attracted to the green credentials of several of these homegrown labels, and others seeking a piece of home ...

Posted on 06/01/2023

Olam Agri picks banks for $1.34 billion Singapore listing

The IPO of the agribusiness unit could raise as much as US$1 billion (S$1.34 billion), sources said. Read more at straitstimes.com.

Posted on 06/01/2023

Japan Finance Minister Suzuki to Visit Singapore, Vietnam Next Week

Japanese Finance Minister Shunichi Suzuki is set to visit Singapore and Vietnam to meet with high government officials from Jan. 10 to 13, the Ministry of Finance said on Friday. There's no media ...

Posted on 06/01/2023

Olam Agri Picks Banks for $1 Billion Singapore Listing

Olam Group Ltd. has picked banks to lead a planned Singapore listing of its agribusiness unit that could raise as much as $1 billion, people familiar with the matter said.Most Read from BloombergWhat ...

Posted on 06/01/2023

Sim Wong Hoo’s Creative legacy shows small country can make world-class products, say Singapore tech players

Creative Technology’s founder Sim Wong Hoo put Singapore on the global map for technology innovations and showed that success was possible despite ...

Posted on 06/01/2023

Singapore stocks decline on Friday; STI down 0.3%

SINGAPORE shares opened lower on Friday (Jan 6), tracking overnight declines on Wall Street as investors await an upcoming US government jobs report for December. Read more at The Business Times.

Posted on 06/01/2023

China’s reopening unlikely to make a big impact on Singapore’s COVID-19 situation, experts say

Singapore's population is well-protected by vaccinations and previous infections even as more Chinese tourists are set to visit the country, experts said.

Posted on 06/01/2023

Not so jolly for Singapore-based crypto firm – lost more than US$ 8 million to a hack

The Singapore-based crypto firm had a "not so jolly holiday" due to a December 26 hack that cost them more than US$ 8 million.

Posted on 06/01/2023

Best Budget Smartphones For 2023 In Singapore

Our list of the 7 best budget smartphones in Singapore in 2023 will assist in determining which device is best for you.

Posted on 06/01/2023

Yield for latest 6-month Treasury bill in Singapore dips to 4.2%

SINGAPORE: The latest Singapore six-month Treasury bill (T-bill) is offering investors a yield of 4.2 per cent per annum, according to results from the year’s first auction released on Thursday (Jan 5 ...

Posted on 06/01/2023

Some retailers in Singapore absorbing GST increase to help consumers ‘tide through inflation period’

Now that the year has turned, some retailers have switched from getting consumers to buy big-ticket items before the Goods and Service Tax (GST) go up to absorbing the tax increase for customers or ...

Posted on 06/01/2023

Citi appoints Aftab Ahmed to lead the bank’s operations in Taiwan

Citibank Taiwan Ltd’s (台灣花旗) board of directors yesterday elected Aftab Ahmed, a former Citi country officer (CCO) for the Philippines, as the bank’s new chairman, pending regulatory approval. Aftab ...

Posted on 06/01/2023

More retailers in Singapore absorbing GST increase to help consumers ‘tide through inflation period’

Now that the year has turned, some retailers have switched from getting consumers to buy big-ticket items before the Goods and Service Tax (GST) go up to absorbing the tax increase for customers or ...

Posted on 06/01/2023

Singapore’s retail sales grew 6.2% year-on-year in November 2022

DOS of Singapore announced that the country's retail sales grew by 6.2 per cent year on year in November 2022, following the about 10.3 per cent year-on-year increase recorded in the previous month ...

Posted on 06/01/2023

Private LTE Market worth $8.3 billion by 2027- Exclusive Report by MarketsandMarkets

The global Private LTE Market size is projected to grow from USD 5.0 billion in 2022 to USD 8.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) ...

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