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Month: April 2023

Posted on 15/04/2023

Samsung Electronics Celebrates Next Generation Asian Female Golfers

Samsung Electronics celebrated the newly crowned Women's Amateur Asia-Pacific (WAAP) champion, Eila Galitsky of Thailand for her astonishing performance at the fifth edition of the championship ...

Posted on 15/04/2023

We’re sending our best athletes, so don’t worry, the medals will come: Singapore SEA Games chef-de-mission

The Republic claimed 47 golds, 46 silvers and 73 bronzes from the Hanoi edition in 2022. Read more at straitstimes.com.

Posted on 15/04/2023

Singapore wealth group denies report of directive to keep quiet on China-linked fund inflows

A private banking industry group in Singapore on Friday denied a media report that the city state had asked global banks to keep quiet on wealth inflows coming from China over the past year due to ...

Posted on 15/04/2023

Morning Bid: Singapore signals a peak for policy tightening

Median forecasts favour a dip of 0.4% but risks seem tilted to the downside with Goldman Sachs warning of a sharp pullback in spending following the collapse of SVB. Analysts at NatWest Markets are ...

Posted on 15/04/2023

Singapore, No. 1 in the world for best business environment, 15 consecutive years!

SINGAPORE: The Economist Intelligence Unit (EIU) reported that Singapore has retained “its position as the world’s best business environment for fifteen consecutive years” in a report on Thursday (Apr ...

Posted on 15/04/2023

Daily Cuts – S1E267: Collaboration, not competition, to boost Singapore’s construction recovery

As Singapore's construction sector bounces back, a consultant says partnerships among key industry players can do more to ensure a smooth and strong recovery in the face of uncertainties like high inflation and rising interest rates.

Posted on 15/04/2023

Fintech Airwallex Survey Reveals Majority of Singapore SMEs are Anticipating a Potential Recession

Singapore businesses have a "cautious" economic outlook, as new data from global fintech Airwallex reveals SMEs expect a recession.

Posted on 15/04/2023

‘Thanks anyway’: Singapore’s DPM Lawrence Wong puzzled by TikTokker’s ‘Daddy’ remark

Wong and Singapore's other leaders such as Health Minister Ong Ye Kung have a sizeable presence on TikTok, with some of their quirky posts going viral 'Daddy' in recent years has had dual uses in ...

Posted on 15/04/2023

Singapore: Former oil tycoon O.K. Lim as he stands trial for cheating, instigating forgery; pleads not guilty

Singapore prosecutors on Tuesday opened the criminal trial of insolvent Hin Leong founder Lim Oon Kuin, better known as O.K. Lim, who faces a total of 130 charges involving US$2.7 billion (S$3.6 ...

Posted on 15/04/2023

Hong Kong urged to look at Singapore, Macau methods for housing migrant workers and reuse of quarantine centres

About a third of Singapore’s workforce are migrant workers – including 270,000 domestic workers. A further 415,000 overseas employees work in the construction and manufacturing sectors. “If we want to ...

Posted on 15/04/2023

GLOBAL MARKETS-Asia shares gain as Singapore stops tightening, euro climbs

Japan's Nikkei added 1.1% and Singapore stocks 0.4%. Chinese blue chips firmed 0.4%, with the economic outlook brightened by a surprisingly upbeat trade performance. "The stronger-than-expected March ...

Posted on 15/04/2023

Singapore’s central bank maintains policy settings as growth slows

The Monetary Authority of Singapore kept policy settings untouched after GDP growth missed expectations Singapore’s economy slowed in the first three months of 2023, contracting by 0.7% from the ...

Posted on 15/04/2023

Singapore’s Central Bank Unexpectedly Keeps Monetary Policy Unchanged — Update

Singapore's central bank unexpectedly kept its monetary policy stance unchanged, citing cooling core inflation and the ...

Posted on 15/04/2023

Counsellor suggests ways to boost halal product exports to Singapore

The dynamism and experience of a producing country will be advantages for Vietnamese businesses when joining the global halal market, to which Singapore is the nearest gateway, said Vietnamese Trade ...

Posted on 15/04/2023

CytoMed, cancer drug developer, sees stock fall 10% after $10M IPO

CytoMed Therapeutics (GDTC) stock fell 10% following the Asian biotech group's $10M initial public offering, which was priced at the lower end of its range. Read more here.

Posted on 15/04/2023

AI Singapore, Temus join hands to accelerate AI adoption amongst local firms

We aim to help organisations innovate and transform with AI technology and solutions, which will, in turn, unlock economic and societal value for Singapore and beyond," KY Yeoh, Temus CEO, said.

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