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Month: March 2023

Posted on 03/03/2023

Newly minted top Thai mobile firm valued at US$9 billion on debut

TRUE Corporation, created through a merger between Thailand’s number two and three mobile phone operators, was valued at almost US$9 billion after its shares began trading in Bangkok on Friday (Mar 3) ...

Posted on 03/03/2023

Singapore stocks end lower as rate hikes weigh on sentiment

SINGAPORE - Singapore stocks ended slightly lower on Friday, as persistent inflation and rate hikes continued to weigh on investor sentiment throughout the week. The Straits Times Index (STI) slid 0.1 ...

Posted on 03/03/2023

Singapore PM Lee’s Estranged Brother Weighs Presidential Run

The estranged younger brother of Singapore Prime Minister Lee Hsien Loong is considering a run for the largely ceremonial role of president this year, a sign that an ongoing family feud could start to ...

Posted on 03/03/2023

Support for retirees living in private property is ‘not by lowering property taxes’: Chee Hong Tat

SINGAPORE - The Government is committed to supporting retirees, including those staying in private residences, not by lowering their property taxes but through other ways, said Senior Minister of ... ( read original story ...)

Posted on 03/03/2023

Singapore PM’s Estranged Brother Weighs Running for President

The estranged younger brother of Singapore Prime Minister Lee Hsien Loong is considering a run for the largely ceremonial role of president this year, a sign that an ongoing family feud could start to ...

Posted on 03/03/2023

Singapore makes it costlier for foreign businessmen to get PR under GIP

Foreign businessmen in Singapore will have to invest significantly higher and hire more locals to qualify to become permanent residents under the Global Investor Programme (GIP) from March 15, making ...

Posted on 03/03/2023

Property market risks remain, careful approach needed to manage supply and demand: Desmond Lee

There are still risks to prices in the property market, even with cooling measures and subsidies, said Minister for National Development Desmond Lee. As such, there is a need to maintain a cautious ... ( read original story ...)

Posted on 03/03/2023

Golf: Play halted at HSBC Women’s World C’ship due to inclement weather

Inclement weather brought the second round of the HSBC Women’s World Championship to a halt on Friday as thundery showers continued across Singapore. Wet weather had delayed the start of the second ...

Posted on 03/03/2023

OCBC’s Teach-a-Child-to-Cycle rides back in 2023

WITH the lifting of Covid-19 restrictions, the big community cycling event OCBC Cycle is back – and with it, the bank’s Teach-a-Child-to Cycle programme as well. Read more at The Business Times.

Posted on 03/03/2023

Bitcoin sinks to 2-week low as Silvergate fallout hurts crypto

The crypto industry is absorbing the fallout of the troubles at crypto-friendly US bank Silvergate Capital. Read more at straitstimes.com.

Posted on 03/03/2023

Binance unit plans bid for Singapore crypto license

Binance's custody unit Ceffu said on Thursday it is planning to apply for a permit to offer payment services in Singapore, as the crypto exchange makes another attempt to function in the ...

Posted on 03/03/2023

Binance revives Singapore crypto permit bid a year after quitting the trading market

Binance is reapplying for a license to offer cryptocurrency services in Singapore, switching from serving retail to corporate clients, a year after quitting the trading market. Nikkei Asia in a story ...

Posted on 03/03/2023

Bitcoin Slides With Wider Crypto Markets Amid Silvergate Fallout

Bitcoin dropped to the lowest level in about two weeks, part of a wider retreat in crypto markets as investors digested the unraveling of a key payments network.

Posted on 03/03/2023

Singapore posts worst export drop in a decade

Singapore’s non-oil domestic exports plunged 25% year on year in January - the largest drop in the last decade, according to data of the Singaporean government.

Posted on 03/03/2023

Singapore: Retail sales unexpectedly contract in January

A downside surprise in January retail sales highlights a challenging year ahead for Singapore Retail sales posted a surprise contraction in January, a significant downside surprise as the market ...

Posted on 03/03/2023

Singapore non-oil exports miss forecasts, slipping 25% in January

SINGAPORE – Singapore’s key exports slumped for the fourth straight month in January, according to data from Enterprise Singapore (EnterpriseSG) on Friday, on rapidly cooling demand from some ...

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