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Month: June 2023

Posted on 23/06/2023

Singapore: Music and online games new frontiers of jihadist recruitment

Singapore (AsiaNews) - The alarm launched yesterday by Singapore's Prime Minister Lawrence Wong confirms the fears advanced by many: the inhabitants of the city-state, the young in particular, are "valuable targets" for terrorist groups that are ...

Posted on 23/06/2023

Singapore tops the list of most expensive cities in the world for luxury living

A report by Julius Baer Group has ranked Singapore as the most expensive city in the world followed by Shanghai, Hong Kong. See the full list

Posted on 23/06/2023

Singapore’s investment banking fees 25% lower in H1 2023

BofA Securities currently leads investment banks in terms of fees generated. Singapore generated an estimated US$401.8m worth of investment banking fees in the first six months of 2023, 25% lower than ...

Posted on 23/06/2023

Seven arrested for allegedly selling, renting Singaporean bank accounts to scammers

Seven men have been arrested for their alleged involvement in various scams including fake friend calls, investments, jobs, and the impersonation ... ( read original story ...)

Posted on 23/06/2023

Investment banking fees in Singapore down 25% to US$401.8 million in H1 2023: Refinitiv

INVESTMENT banking fees in Singapore generated US$401.8 million in the first half of 2023, representing a 25 per cent drop compared with the same period a year earlier, based on preliminary data from ...

Posted on 23/06/2023

UOB card application surges in S’pore due to privileged access to Taylor Swift tickets

UOB debit and credit cardholders are probably finding themselves ... and general on-sale reserved ticket allotment for Taylor Swift's The Eras Tour concerts in Singapore. And it is not surprising that ...

Posted on 23/06/2023

Brokers’ take: RHB cuts DBS target by 7.6% amid weak earnings outlook

RHB Research has cut its target price for DBS by 7.6 per cent to S$33 from S$35.70, but maintained its “neutral” call on the stock, it said in a report on Friday (Jun 23). Read more at The Business ...

Posted on 23/06/2023

Singapore’s core inflation eases to 4.7% in May

Singapore’s core inflation eased to 4.7 per cent year-on-year in May, official data showed on Friday (June 23).

Posted on 23/06/2023

Crypto Expo Asia Draws over 10,000 Visitors to Singapore to Conclude Successful Second Run

Future editions of the conference in Dubai and Miami will rebrand to Blockchain Expo Global SINGAPORE, June 23, 2023 /PRNewswire/ -- Crypto Expo Asia, one of the region's leading crypto conferences and exhibitions, recorded its largest attendance in the ...

Posted on 23/06/2023

Singapore May Core Inflation Rises 4.7% Y/y, Matches Forecast

Singapore's key consumer price gauge rose 4.7% year-on-year in May, official data showed on Friday. The May core inflation rate - which excludes private road transport and accommodation costs - eased from the 5% seen in April and matched a Reuters poll of economists.

Posted on 23/06/2023

Businesses prepare for rise in demand for masks and air purifiers, as Singapore braces for haze season

With the double whammy of an expected El Nino and a positive Indian Ocean Dipole, this year’s dry season could be more intense and prolonged compared to recent years, lasting until October.

Posted on 23/06/2023

Singapore jails woman for swindling Pokemon card buyers

SINGAPORE: After being told by a woman in Singapore that he would receive a discount on each case of Pokemon cards from his bulk purchase on Carousell, one buyer paid her close to S$80,000 (US$60,000) ...

Posted on 23/06/2023

Singapore kicks off the world’s first Olympic Esports Week

Singapore is hosting the inaugural Olympic Esports Week where over 100 athletes from around the world are competing across 10 virtual sports. This is the first live, in-person edition of the virtual ...

Posted on 23/06/2023

Phishing and ransomware dominate Singapore’s cyber threat landscape

Phishing attempts and ransomware continued to pose a significant threat to organisations and individuals in Singapore in 2022 even though there are signs that cyber hygiene is improving in the ...

Posted on 23/06/2023

Singapore is taking ‘baby steps’ with new events like Olympic Esports, says minister of state

Alvin Tan, Singapore's minister of state for culture, community and youth, as well as trade and industry, says "we're bullish about esports, we're bullish about the melding of virtual and physical worlds.

Posted on 23/06/2023

China’s Penglai crude shipments land in Singapore, Malaysia -data

SINGAPORE, June 22 (Reuters) - Two crude cargoes loaded from China's Penglai oilfields arrived at Singapore and Malaysia in May and June, Refinitiv data showed, an unusual export from the world's largest crude importer. Aframax-sized tanker Elephant loaded ...

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