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Month: May 2023

Posted on 02/05/2023

US Lawmakers Push the SEC to Order Audit of Shein IPO Over Uyghur Forced Labor Fears

The U.S. lawmakers want the SEC to mandate Shein to independently audit and verify "that the company does not use Uyghur forced labor as a condition of being registered to issue securities in the ...

Posted on 01/05/2023

DBS launches tool in mobile app to help those below 55 years old plan for retirement

CPF members can use the tool to benchmark retirement savings and address any shortfall. Read more at straitstimes.com.

Posted on 01/05/2023

Singapore faces slower growth in 2023, but seen to avoid contraction

Singapore—Singapore is expected to post slower economic growth this year but it “should avoid an outright contraction”, Prime Minister Lee ...

Posted on 01/05/2023

S’pore Can’t Outbid Major Economies, Must Invest & Innovate To Stay Competitive: Lawrence Wong

In his May Day speech, DPM Lawrence Wong shared the grim outlook on the global economy and how Singapore can stay competitive.

Posted on 01/05/2023

Singapore must find ‘right niches’, leverage hub status to thrive in fragmented global economy: Lawrence Wong

Singapore is feeling the impact of geopolitics shifting the flow of direct investments and cannot 'afford to outbid the big boys', says the country's No 2 leader Wong also reiterates the government is ...

Posted on 01/05/2023

Crypto Exchange Luno exits Singapore; Dogecoin, Shiba Inu, & Signuptoken.com record gains

Luno, a digital currency trading platform that belongs to Digital Currency Group, has made a public statement declaring that it will be terminating its services in Singapore. This decision is a ...

Posted on 01/05/2023

Over half of all new vans in Singapore registered in Q1 2023 were electric

Some 51.9 per cent of new vans registered in Singapore in the first three months of 2023 were electric vehicles (EVs).

Posted on 01/05/2023

Singapore denies Branson claims that it is executing innocent man

After British billionaire Richard Branson declared Singapore may be about to kill an innocent man the Singapore government hit back at the tycoon ...

Posted on 01/05/2023

More than a million meal subsidies redeemed on DBS PayLah! app in less than 3 months

Some 12 per cent of redemptions were made by seniors and 24 per cent by those earning less than $2,500 a month. Read more at straitstimes.com.

Posted on 01/05/2023

Singapore Deputy PM Allays Property Price Fears in May Day Rally

Singapore’s prime minister-in-waiting Lawrence Wong used a May Day rally to address concerns over a red-hot property market fueling economic inequality, saying citizens will always have affordable ...

Posted on 01/05/2023

Singapore Voices ‘Grave Concern’ Over South China Sea Tensions

Singapore’s top diplomat expressed “grave concern” over altercations in the South China Sea following a near collision between Chinese and Philippine vessels in the highly-contested region.

Posted on 01/05/2023

Singapore and China conclude joint naval exercise

SINGAPORE: Singapore and China concluded a joint naval exercise on Monday (May 1).  The Republic of Singapore Navy (RSN) and People's Liberation Army (Navy) conducted Exercise Mar ...

Posted on 01/05/2023

Slideshow: Tech titans of new power generation take centre stage at Singapore Maritime Week

Decarbonisation and technology dominate the agenda ...

Posted on 01/05/2023

Amid grim economic landscape, Singapore must have ‘something special’ to show it is a better bet, says its DPM

Singapore will find it harder to grow its economy and create jobs in an increasingly dangerous and troubled world, said Deputy Prime Minister Lawrence Wong on Monday.

Posted on 01/05/2023

Amid grim economic landscape, Singapore must have ‘something special’ to show: DPM Wong

With ingenuity and innovation, “guts and gumption”, S'pore will prevail against the odds, he said. Read more at straitstimes.com.

Posted on 01/05/2023

Singapore: Sustainable Property Market Measures Published by MAS

The Government of Singapore announced increases in the Additional Buyer’s Stamp Duty rates in order to support a sustainable property market. ( read original story ...)

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