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Month: May 2023

Posted on 17/05/2023

Singapore has the highest stamp duty rates for foreign residential property buyers

According to a study by Savills, Singapore ranks highest in the world for total stamp duty rates for a foreigner looking to buy a residential property, clocking in at about 64 per cent* of the selling ...

Posted on 17/05/2023

Singapore-Based Y Combinator Graduate Raises $6.6 Million To Expand Its ‘Growth Capital As A Service’

Singapore-based fintech startup Jenfi announced Tuesday it raised $6.6 million in a pre-Series B funding round led by Headline Asia, the regional arm of global venture capital firm Headline, best known for its investments in dating app Bumble and luxury e ...

Posted on 17/05/2023

No Singapore Airlines group A320neos with Pratt engines grounded – exec

None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot, the airline's low-cost subsidiary,

Posted on 17/05/2023

Coinbase Singapore Unveils No-Fees on USDC Trading Among Slew of Product Updates

Coinbase will be introducing no-fee USDC purchases with SGD among a slew of updates to its products for its Singaporean customers.

Posted on 17/05/2023

Shop over 350 brands and exclusive offers at Singapore’s largest Consumer Electronics Extravaganza

Leading I.T electronics brands such as HP, ASUS, Dell, Lenovo, Microsoft, Prism+, MSI, Xiaomi and more will converge at CEE (Consumer Electronics Exhibition), one of Singapore's largest consumer ...

Posted on 17/05/2023

Singapore’s Jewels: 20 small-cap companies that investors should pay attention to

Investors looking for Singapore-listed companies to invest in should consider the Lion City’s “20 jewels,” according to RHB. “Jewels” are small-cap companies which have a market capitalisation range ...

Posted on 17/05/2023

Singapore hangs 2nd citizen in 3 weeks for trafficking cannabis despite calls to halt executions

Singapore on Wednesday hanged another citizen for trafficking cannabis, the second in three weeks, as it clung firmly to the death penalty despite growing calls for the city-state to halt drug-related executions.

Posted on 17/05/2023

Trust Bank Rolls Out Supplementary Credit Card With Instant Issuance

Trust Bank launched its supplementary credit card where the application is fully digital and will be issued instantly to its customers.

Posted on 17/05/2023

April NODX down 9.8% y-o-y, OCBC maintains full year estimate of 3% contraction

Totally trade, which includes both exports and imports, dropped by 18.8% y-o-y in April, reversing the 7.9% y-o-y growth chalked up in March. OCBC’s chief economist Selena Ling, who is keeping her ...

Posted on 17/05/2023

OCBC sets sector-specific decarbonisation targets, scraps new loans for oil and gas projects

Southeast Asia's second-largest lender OCBC sets sector-specific decarbonisation targets, scraps new loans for oil and gas projects ...

Posted on 17/05/2023

Singapore’s key exports fall 9.8% in April, steeper than forecast

SINGAPORE: Singapore's key exports fell for the seventh consecutive month in April, weighed down by declines in both electronic and non-electronic products. Non-oil domestic exports (NODX) fell 9.8 ...

Posted on 17/05/2023

Singapore’s Ora takes a vertically-integrated approach to telehealth

According to the founder of Singapore-based telehealth platform Ora, 90% of its patients are less than 39 years old and have not been treated for their conditions offline. Today, Ora announced it has ...

Posted on 17/05/2023

Singapore executes second prisoner in three weeks

Singapore on Wednesday hanged a man for trafficking drugs, authorities said, in the city-state's second execution in three weeks.The man was convicted in 2019 of trafficking around 1.5 kilos (3.3 ...

Posted on 17/05/2023

Singapore Bourse Tipped To Extend Tuesday’s Losses

The Singapore stock market headed south again on Tuesday, one day after halting the six-day losing streak in which it had dropped ...

Posted on 17/05/2023

Stock Market Live: Sensex, Nifty 50 expected to open lower tracking global cues

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 38 points ...

Posted on 17/05/2023

SGX Nifty down 35 points; here’s what changed for market while you were sleeping

Option data suggests a broader trading range in between 18000 to 18600 zones while an immediate trading range in between 18100 to 18450 zones.

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