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Month: March 2023

Posted on 18/03/2023

Analysts remain ‘overweight’ on Singapore banks; SVB seen as a ‘non-event’ for the sector

Analysts are remaining positive on the Singapore banking sector following the collapse of US banks, Silicon Valley Bank (SVB) and Signature Bank. SVB closed on March 10 while Signature Bank was shut ...

Posted on 18/03/2023

Singapore’s February NODX falls by 15.6%; NODX to top 10 markets drop on a y-o-y basis

NODX to the top 10 markets declined as a whole in February. The largest contributors to the decline were the EU 27 (-34.2%), Hong Kong (-46.4%) and Taiwan (-29.3%). Meanwhile, NOD ...

Posted on 18/03/2023

‘You’ve stolen my thunder. Congratulations’: Harry Styles helps Singapore fan propose at Love On Tour concert

SINGAPORE — It was a memorable Friday night (March 17) for fans as they gathered at the National Stadium at the Singapore Sports Hub for British singer Harry Styles' concert. But it was more momentous ...

Posted on 18/03/2023

CGS-CIMB stays ‘overweight’ on Singapore property stocks

CGS-CIMB analyst Lock Mun Yee is keeping her "overweight" call on the local property sector, which she believes is still "inexpensive". According to the most recent monthly numbers released by the ... ( read original story ...)

Posted on 18/03/2023

DBS lowers Q&M Dental’s TP to 36 cents as it sees the border re-openings and gestating assets to remain a drag

DBS lowers Q&M Dental's TP to 36 cents as it sees the border re-openings and gestating assets to remain a drag DBS Group Research analysts Tabitha Foo and Paul Yong have maintained their “hold” call ...

Posted on 18/03/2023

Crypto data provider Kaiko to relocate Asian headquarters to Hong Kong from Singapore

Hong Kong’s pro-crypto policy pivot and emergence from Covid-related curbs contributed to the Paris-based company’s decision.

Posted on 18/03/2023

Joko hopes for Singapore investments in Indonesia’s new capital

“The relationship between Singapore and Indonesia is very good and must be continued and improved in the future. “We hope investments in Nusantara can become the focus.” The 2,561sq km project, about ...

Posted on 18/03/2023

Steady interest in Singapore’s One Pass, Global Investor Programme

as Singapore plays to its strengths over those of its neighbours. These talents and investors are drawn to the Republic for its business opportunities in cutting-edge sectors, good governance and high ...

Posted on 18/03/2023

Indonesia calls for Singapore’s investment in new capital

Indonesian President Joko Widodo brought home letters of intent from investors interested in the new capital of Nusantara after his trip to Singapore on March 16.

Posted on 18/03/2023

Singapore Replaces New York as Strongest Global Residential Rent Growth City in 2022

Global property consultant Knight Frank is reporting this week that Singapore leads the Q4 2022 rankings, pushing New York off the top spot. Singapore's annual rental growth grew from 23% in Q3 to 28% ... ( read original story ...)

Posted on 18/03/2023

Singapore exports falls again as trade surplus widens

Singapore’s trade surplus continued widening even as non-oil exports dropped to the lowest level since December last year.

Posted on 18/03/2023

Singapore’s non-oil domestic exports fall for fifth consecutive month in February | Video

Singapore’s key exports slid for the fifth consecutive month in February. While China’s economic reopening is expected to provide some support, some analysts believe the ongoing banking crisis in ...

Posted on 17/03/2023

Sentosa Cove property sales pick up in H2 2022 with more bungalows, condo units sold

Sentosa Cove is the only place in Singapore where a foreigner who is not a Singapore permanent resident may buy a landed property. Properties on Sentosa are all on 99-year leasehold tenures. In ... ( read original story ...)

Posted on 17/03/2023

Singapore leaders pay tribute to Ustaz Ali Mohamed, co-founder of Religious Rehabilitation Group

SINGAPORE: The Emeritus President of Religious Rehabilitation Group (RRG), Ustaz Ali Haji Mohamed, died on Friday (Mar 17) at the age of 75. Ustaz Ali co-founded the RRG in 2003 and also established ...

Posted on 17/03/2023

Singapore stocks climb on Friday to end volatile week

SINGAPORE – Robust gains on Wall Street overnight and a ... across the broader market after 2.3 billion shares worth $1.9 billion were traded. CapitaLand Investment was the top STI gainer, rising 2.6 ...

Posted on 17/03/2023

Jokowi makes renewed Nusantara pitch to Singapore

President Joko “Jokowi” Widodo pitched his ambitious Nusantara capital city project to Singapore Prime Minister Lee Hsien Loong at their annual retreat on Thursday, generating interest but little else ...

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