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Month: September 2023

Posted on 20/09/2023

SGX: DBS Anticipates Profit Surge at ComfortDelGro with Public Transport Fare Hike

The Singapore-based bank DBS anticipates higher profits for ComfortDelGro Corporation Limited (SG:C52) following a 7% hike in public transport ...

Posted on 20/09/2023

Son of Singapore’s former PM Goh Chok Tong among 4 men charged with false trading

Goh Jin Hian is accused of conspiring with the other three men to manipulate securities prices of New Silkroutes Group He was CEO of the investment holding firm from June 2015. Prosecutors say he ...

Posted on 20/09/2023

Luye Medical Considers Sale of Oncology Business in Singapore, Sources Say

Luye Medical Group is weighing a sale of its oncology business in Singapore, people with knowledge of the matter said, potentially adding to a wave of health-care deals in the region.

Posted on 20/09/2023

Former Singapore PM Goh Chok Tong’s son among 4 men charged with false trading

Prosecutors say he might receive more charges at a later date Goh Jin Hian, the former chief executive officer of Singapore-based investment holding company New Silkroutes Group, was charged on ...

Posted on 20/09/2023

Soft Start Seen For Singapore Shares

The Singapore stock market has moved lower in consecutive trading days, sinking almost 40 points or 1.2 percent in that span. The ...

Posted on 20/09/2023

Singapore may split liabiilty for phishing losses between bank and victim

Singapore officials said on Monday that the country will next month deliver a consultation paper detailing a split liabiilty scheme that means consumers and banks are both on the hook after financial ...

Posted on 20/09/2023

Singapore Financial Firms Shrunk Gender Pay Gap by Nearly Half

The gender pay gap for women working in Singapore’s finance industry narrowed to 15.6% in 2022, almost half the 27.1% gap of a decade ago, the city-state’s Ministry of Manpower said in a response to a ...

Posted on 20/09/2023

Ex-Singapore Idol judge Ken Lim gets fresh charge of insulting woman’s modesty while discussing music career

Lim is defended by lawyers from WongPartnership, comprising Senior Counsel Tan Chee Meng, Mr Paul Loy and Mr Calvin Ong. In a statement to CNA after Wednesday's court mention, they said their client ...

Posted on 20/09/2023

Why so many buildings in Singapore are covered in plants

The Singaporean government promotes urban greening, with an up-to 50% subsidy for green rooftops to mitigate city heat.

Posted on 20/09/2023

‘Grunting noises’ lure man into Singapore woods. Then he discovers rare creature

It was just zoning out... I was confused because it didn’t look like anything I had seen before,” the college student told a local news outlet.

Posted on 20/09/2023

Monetary Authority of Singapore releases details of high-profile actions against errant crypto firms

Singapore’s central bank, Monetary Authority of Singapore (MAS), has issued its fourth enforcement report, outlining actions taken against firms like Three Arrows Capital, which did not have a ...

Posted on 20/09/2023

Singapore court orders Credit Suisse unit to pay Georgia ex-PM Ivanishvili US$743 million

A SINGAPORE court on Tuesday (Sep 19) ordered a unit of Credit Suisse to pay Georgian billionaire and ex-prime minister Bidzina Ivanishvili US$743 million for failing in its duty to safeguard his ...

Posted on 20/09/2023

Singapore shares early adopter tips to help other nations embrace AI

Singapore’s stance has been to embrace AI's potential, said Foreign Minister Vivian Balakrishnan. Read more at straitstimes.com.

Posted on 19/09/2023

Singapore shares fall as cautious investors await Fed’s next move

SINGAPORE shares fell on Tuesday (Sep 19) in tandem with most regional indices, with investors cautiously waiting on the upcoming US Federal Reserve meeting that is taking place over the next two days ...

Posted on 19/09/2023

3 Singapore Blue-Chip Stocks with Rising Dividends and Great Prospects

We profile three well-known blue-chip names that reported higher dividends along with optimistic business prospects. The post 3 Singapore Blue-Chip Stocks with Rising Dividends and Great Prospects ...

Posted on 19/09/2023

UOB Kay Hian ups UMS’s TP to $1.56 after its key customer raises its earnings guidance

Analyst John Cheong sees the company as being “well-positioned” to benefit from the recovery of the semicon industry.

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