SINGAPORE--Experts surveyed by Singapore's central bank again ... They cut growth forecasts for the finance and insurance sector to 0.7% from 1.3%, and for the construction sector to 6.8% from 7.0%.
Accused Money Launderer Funded Singapore Luxury Condominiums
A Turkish national arrested in Singapore’s S$1.8 billion ($1.3 billion) money laundering case had financed the purchase of 11 luxury condominium units in upscale neighborhoods of the city-state, ...
Singapore’s wealth boom hits most sensitive phase
Singapore’s wealth boom may be set for a pause. A ballooning $1.3 billion money laundering scandal and the ongoing economic troubles in China may be unrelated developments but they point to a slowing ...
Mooncake scam in Singapore swindles 27 victims, results in $325,000 losses in a month
SINGAPORE — At least 27 victims have fallen prey to a recent scam involving mooncake sales on social media platforms, resulting in losses totalling around $325,000 since August, said the police on ...
Singapore goes public on upgraded F-16s’ Python 5 missile capabilities
The Republic of Singapore Air Force (RSAF) has publicly confirmed that its upgraded Lockheed Martin F-16 C/D/D+ fighter aircraft are now armed with the Python 5 air-to-air missile. This confirmation ...
Singapore economy now projected to grow by just 1.0% in 2023: MAS survey
The latest estimate stands lower than the previous forecast of 1.4% in the previous survey earlier this year in June. ( read original story ...)
Economists Cut Singapore 2023 Growth and Inflation Forecasts – Survey
SINGAPORE (Reuters) - Economists have downgraded Singapore's 2023 growth forecasts and inflation expectations, according to a survey by the country's central bank published on Wednesday, with ... ( read original story ...)
UPDATE 1-Singapore’s DBS raises $1.5 bln in two US dlr bond tranches -term sheet
Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters. The bank issued a two-year fixed rate bond that raised $750 million and a two ...
India importing Russian oil is a ‘win-win’ for the world economy, says India’s No. 1 oil company
India's imports of Russian crude is a win-win for the global economy, said Oil and Natural Gas Corporation Ltd (ONGC), India's No. 1 oil company.
From fine wine to fresh produce and groceries: Celebrates 10 years of affordable French food in Singapore.
Whether you're a bargain hunter or a French food enthusiast, find your way to the best online grocery platform in Singapore. SINGAPORE, Sept. 6, 2023 /PRNewswire/ -- Le Petit Depot celebrates its 10th ...
Singapore tax collection up 13.1% to S$68.6 billion in FY22/23, reflecting post-Covid recovery
SINGAPORE’S tax revenue for financial year (FY ... Senior Employment Credit and Small Business Recovery Grant. Iras also noted that it rolled out several initiatives in the past year to make tax ...
Property agent warns against renting your HDB flat out to “wrong tenants” and he shows you why
SINGAPORE: “Don’t be too eager to rent out your place to the wrong tenants,” a property agent warned in a recent TikTok video, showing how badly things can go wrong quickly. Mr Benedict Lim asked in ... ( read original story ...)
Singapore shares rise at Wednesday’s open; STI up 0.5%
SINGAPORE stocks were pulled into positive territory on Wednesday (Sep 6), bucking a global selloff on Wall Street and Europe amid cautious investor trading. Read more at The Business Times.
Crypto millionaires migrating to protect interests, Singapore tops list
In terms of the tax-friendliness parameter, which assesses a country's approach to taxing cryptocurrency-related activities, Singapore and the UAE score a flawless 10 out of 10
GASTECH-Natural gas market better supplied this winter, Chevron exec says
SINGAPORE, Sept 5 (Reuters) - The natural gas market is better supplied heading into this winter compared with last year amid fairly high stock levels, Colin Parfitt, Chevron's president of midstream, ...
UOB’s Citi acquisition to help it grow in Asean
SINGAPORE: UOB’s S$5bil acquisition of Citigroup’s consumer businesses in Malaysia, Thailand, Vietnam and Indonesia will be a game changer by doubling the bank’s Asean customer base outside Singapore ...