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Month: October 2023

Posted on 24/10/2023

Singapore firms to tap Chinese market potential with strong CIIE presence

The Singapore Business Federation (SBF) will attend China's landmark imports expo for the sixth time in November, leading a business delegation ...

Posted on 24/10/2023

The history and evolution of Singapore’s road pricing systems

The Business Times takes a look at the history of road pricing in Singapore. Road pricing is the practice of levying direct charges for the use of roads, the most common example of this being highway ...

Posted on 24/10/2023

Mild Selling Pressure Predicted For Singapore Shares

(RTTNews) - The Singapore stock market has tracked lower in four straight sessions, stumbling more than 115 points or 3.8 percent along the way. The Straits Times Index now sits just above the ...

Posted on 24/10/2023

The Benefits of Hiring a Competent Criminal Defence Law Firm in Singapore

Getting charged with a criminal offence in Singapore is no picnic, given the city-state’s tough and complex criminal justice frameworks. While the country’s criminal court system does allow you to ...

Posted on 24/10/2023

All the Details of Prince William’s Trip to Singapore for His Earthshot Prize — Including Dragon Boating!

The Prince of Wales has "huge ambition" for the activities designed to help bolster the networking and promotion of the finalists of his Earthshot Prize ...

Posted on 24/10/2023

Singapore banks likely to see slower Q3 growth amid weak loans, flattish interest margins

DBS, OCBC and UOB – are likely to post slower growth for the third quarter ended September 2023, with earnings expected to be weighed down by weak loans and minimal expansion in net interest margins ...

Posted on 24/10/2023

Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank

A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC.

Posted on 24/10/2023

S’pore to import 1.2GW of low-carbon energy from Vietnam to help meet renewable imports target

The imports could potentially constitute 10 per cent of Singapore’s annual needs. Read more at straitstimes.com.

Posted on 24/10/2023

Singapore to import low-carbon electricity from Vietnam

Find out more about subscription packages here. THE Singapore government will be importing 1.2 GW of low-carbon electricity from Vietnam, largely powered from offshore wind energy. The Energy Market ...

Posted on 24/10/2023

Singapore-based Qosmosys closes $100M seed round to develop tech for the moon

Singapore-based Qosmosys has closed an astonishing $100 million seed round to develop its lunar lander tech. The company did not disclose its investors,

Posted on 24/10/2023

Singapore’s PUB must bear Linggiu development costs, says official

Any future development of the Linggiu reservoir, one of the seven reservoirs classified by the National Water Services Commission (SPAN) as being “at high risk”, must be borne by Singapore’s Public Utilities Board (PUB),

Posted on 24/10/2023

Singapore urges citizens to defer travel to Lebanon amid rising tensions over Israel-Hamas war

The Ministry of Foreign Affairs is urging Singaporeans to delay all travel plans to Lebanon due to the current 'volatile situation in the region'.

Posted on 24/10/2023

This sector accounted for almost half of Singapore’s property investments in Q3

This is also two times more than the S$1.71 billion recorded a quarter ago.  The report said that the significant quarterly increase was mainly attributable to the award of five GLS sites, which ... ( read original story ...)

Posted on 24/10/2023

‘This is not supposed to happen’: Experts on DBS, Citi outage caused by data centre failure

SINGAPORE: Banks are heavily reliant on data centres for their operations, making it crucial to have a backup data centre should one fail, banking and technology experts told CNA in the wake of a DBS ...

Posted on 24/10/2023

Singapore’s biggest commercial real estate transaction in Q3 revealed

According to a Savills report, commercial real estate investment sales in Singapore totalled S$1.69 billion in Q3/2023, making up 23.7% of the overall investment sales. This was up by 62.2% QoQ on the ...

Posted on 24/10/2023

Singapore office rents to decline by up to 3% in 2024

Rents are expected to soften as supply surges from both CBD and non-CBD areas. The office market in Singapore is presently insulated from inclement economic conditions. That Grade A rents could still eke out a small increase of 0.

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