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Month: September 2023

Posted on 14/09/2023

Fewer job vacancies in Singapore in Q2 2023, fall from peak in Q1 2022

SINGAPORE — The number of job vacancies declined for the fifth consecutive quarter to 87,900 in the second quarter of 2023, according to the Ministry of Manpower's (MOM) second-quarter 2023 labour ...

Posted on 14/09/2023

Singapore government says report on rising minimum income standards ‘may not be accurate reflection of basic needs’

A report on minimum household income required amid inflation “may not be an accurate reflection of basic needs”, and its findings should be interpreted instead as “what individuals would like to have” ...

Posted on 14/09/2023

Singapore’s resident employment falls for the first time in 3 years

The Ministry of Manpower said employment growth in some sectors was offset by a drop in the number of people working in retail trade and food and beverage services. MOM attributed the contraction to ...

Posted on 14/09/2023

50% Singaporeans find it hard to buy first home: Property survey

SINGAPORE – More than half (51 per cent) of non- property owners in Singapore are finding it difficult to buy their first home, a study by PropertyGuru showed. ( read original story ...)

Posted on 14/09/2023

Singapore’s anti-money laundering regime is sound, says DBS chief

Banks here have invested heavily in anti-fraud technology since the global financial crisis, said Mr Piyush Gupta. Read more at straitstimes.com.

Posted on 14/09/2023

Future is bright for Singapore and PH, says Bongbong Marcos

President Ferdinand Marcos Jr. said that the shared future of Singapore and the Philippines is bright, according to the Palace on Thursday. Marcos is in Singapore for the 10th Asian Summit, where he ...

Posted on 14/09/2023

Indian-origin economist Tharman Shanmugaratnam sworn in Singapore’s new President; vows to nurture a more inclusive society

Singapore, Sep 14 (PTI) Indian-origin Singapore-born economist Tharman Shanmugaratnam, sworn in as the ninth president on Thursday, vowed to strengthen the city-state's multiracialism and nurture a ...

Posted on 14/09/2023

S’pore proptech start-up Simpple eyes global expansion after US IPO

Singapore property start-up Simpple listed on Nasdaq exchange in the United States on Wednesday as part of ambitious global expansion plans. Read more at straitstimes.com.

Posted on 14/09/2023

Singapore proptech start-up Simpple lists on Nasdaq, prices IPO shares at US$5.25 apiece

The Singapore-based company said it has raised about $11.4 million from the flotation. Read more at straitstimes.com.

Posted on 14/09/2023

Singapore working with neighbours to build strong regional supply chains

Singapore is working with Malaysia and Indonesia to build a strong regional supply chain base to take advantage of changes in global manufacturing flows, the city-state's top investment executive said ...

Posted on 14/09/2023

OCBC Wisma Atria turns one, reports seven times higher card applications than regular banking branches

OCBC Wisma Atria, the bank’s largest integrated lifestyle and banking branch, has seen twice the number of account openings for the bank’s flagship OCBC 360 savings account and seven times more credit ...

Posted on 14/09/2023

Singapore stocks rise as US inflation data stays within expectations; STI up 1%

THE Straits Times Index (STI) rose 1 per cent, or 30.58 points, to 3,249.51 amid a regional rally on Thursday (Sep 14). Read more at The Business Times.

Posted on 14/09/2023

DBS chief says China pessimism not ‘overdone’, upbeat about India

DBS Group Chief Executive Piyush Gupta said current widespread pessimism about China's economy was not "overdone" but he was upbeat about India, where the bank plans to triple its business in the next ...

Posted on 14/09/2023

MOM officer gets 5 weeks’ jail for asking former DBS employee to find out his ministry colleagues’ salaries

Curious about his own standing relative to his colleagues at the Ministry of Manpower, a man reached out to a former co-worker at DBS to help him to find out their salary details by conducting an ...

Posted on 14/09/2023

Singapore middle distillates stocks near 6-mth high despite exports

Singapore's middle distillates inventories hit a near six-month high, official data showed on Thursday, as jet fuel/kerosene net exports were little changed despite rising gasoil net exports ...

Posted on 14/09/2023

Out in Singapore on Sep 22, Apple iPhone 15 will let users play console games

Pre-orders of the new Apple iPhone 15 can be made immediately, with Sept 22 the magic date when they go on sale in the shops in Singapore.

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