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Month: June 2023

Posted on 30/06/2023

Healthcare, sustainability among key markets as more Singapore firms invest in Sichuan

Singapore was the southwestern Chinese province’s largest foreign investor last year, with about S$5.7 billion invested across some 730 projects.

Posted on 30/06/2023

Singapore Bids Libor Farewell With Surge in SORA Derivatives

Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in saying goodbye to the discredited London interbank offered rate.

Posted on 30/06/2023

ETIAS: New travel requirement for Singapore, Malaysia travellers to Europe from 2024

Singaporean and Malaysian travellers must obtain a new online authorisation for travel to European Union countries.

Posted on 30/06/2023

Hot stock: Singapore Airlines falls 5.2% on heavy trading after Temasek share sale

SHARES of Singapore Airlines (SIA) fell as much as 5.2 per cent amid heavy trading following a news report that major shareholder Temasek sold a 1.85 per cent stake in the national carrier. Read more ...

Posted on 30/06/2023

Singapore Bids Farewell to Libor With Surge in SORA Derivatives

Singapore’s financial markets have rapidly switched to a ... For loans, the total outstanding climbed to S$171 billion ($126 billion) in December, according to the local banking association.

Posted on 30/06/2023

Johor quarantine services foil another bid to smuggle rice from Singapore at Second Link

The Malaysian Quarantine and Inspection Service Department (Maqis) foiled an attempt to smuggle in 10 tonnes of rice worth RM50,000 from ...

Posted on 30/06/2023

Report warns leaders ‘need to work harder to keep costs in check’ for Singapore to stay as regional wealth hub

Reuters report pointed out that, unlike the rest of the world, property prices in Singapore have remained high, and this may affect the country’s aim of being a financial hub in the region.

Posted on 30/06/2023

ST Explains: What Singapore’s key export figures signal about its current economic outlook

Singapore exports electronics, which include semiconductors and integrated circuits, and non-electronic products like pharmaceuticals and petrochemicals. Electronics shipments make up around 19 to 21 ...

Posted on 30/06/2023

Singapore: Schroders Explores Capabilities of Tokenized Investment Vehicle with MAS

Schroders announces a tokenized investment vehicle project to explore the capabilities for personalization and simplification of investments.

Posted on 30/06/2023

Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it

According to a new report, only $4.9M was recovered of the $204.3M the crypto industry lost to hacks, scams and rug pulls in Q2.

Posted on 30/06/2023

‘Lost’ nocturnal creature seen flying outside homes in Singapore. See rare sighting

A “lost” creature soared through the dimly lit street in Singapore. It landed skillfully on a slim tree trunk and scampered into the night — seemingly unaware that its rare visit had been captured on ...

Posted on 30/06/2023

Shein denies report that it’s filed for an IPO

Fast-fashion giant Shein is denying a Reuters report that it has filed confidentially for a U.S. IPO. Why it matters: This would be one of the year's largest IPOs, but also one of the more ...

Posted on 30/06/2023

Exclusive: China’s Shein files for U.S. IPO

Shein, the Chinese online fashion retailer worth more than $60 billion that is under scrutiny from U.S. lawmakers over its labor practices, has registered with regulators for an initial public ...

Posted on 30/06/2023

How to lower property prices in Singapore: More loan curbs or ABSD?

The Additional Buyers Stamp Duty (ABSD) is seen as a core component of cooling measures. Every time prices creep too high, we see the government ramp up ABSD — most recently on April 27, when the ABSD ... ( read original story ...)

Posted on 30/06/2023

S’pore exports rocket, trade deficit turns surplus

Cambodian goods exports to Singapore reached $343.413 million in the first five months of 2023, up 508.3 per cent year-on-year from $56.451 million and up 1,313 per cent half-on-half from $24.31 ...

Posted on 30/06/2023

National University of Singapore becomes first Asian university to reach top 10 of QS World University Rankings

A renowned university in Singapore has recently been named one of the top 10 universities in the world and the best institution in Asia. Key details: On Wednesday, leading higher education specialist ...

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