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Month: October 2023

Posted on 31/10/2023

Is Singapore rushing to stay ahead in digital asset hub race with spate of new licences?

prompting observations from some in the industry that Singapore is moving to stay ahead of the competition in the crypto hub race. Market players noted that the full licences and in-principle ...

Posted on 31/10/2023

Singapore shares rise at Tuesday’s open; STI up 0.6%

SINGAPORE stocks opened higher on Tuesday (Oct 31), tracking overnight gains in the US and European stock markets. The Straits Times Index (STI) headed up 0.6 per cent or 19.49 points to 3,083.78 as ...

Posted on 31/10/2023

Teenagers lured by ‘fast cash’ among 9 people to be charged with disclosing Singpass, banking details

The nine people arrested are suspected to be involved in money laundering activities linked to banking-related phishing scams.

Posted on 31/10/2023

Singapore luxury bungalow sales tumble after money laundering bust

High-end bungalow sales are set for their worst year in nearly a decade with just eight sold as of the end-September. Read more at straitstimes.com. ( read original story ...)

Posted on 31/10/2023

Singapore’s $110,000-a-Month Mansion Market Grinds to a Halt

Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.Most Read from BloombergIsrael Latest: Netanyahu Rules Out Cease-Fire, ... ( read original story ...)

Posted on 31/10/2023

Arnault-Backed Singapore SPAC Nears Merger With Kacific, Sources Say

A Singaporean blank-check company backed by asset manager Tikehau Capital and a group of prominent European financiers is nearing an agreement on a merger with satellite internet provider Kacific ...

Posted on 31/10/2023

As Singapore’s aging population grows, businesses are courting older consumers

Singapore's silver economy is set to reach $72.4 billion in value by 2025, according to Aging Asia, a social enterprise that specializes in the business of aging.

Posted on 31/10/2023

Singapore real estate investments grow 8.5% to SGD7b in Q3

Thanks to a few Government Land Sales deals. According to a recent release from Colliers, around SGD7.0 billion of investments were recorded in Q3 2023, marking an 84.5% increase QOQ and a 8.5% ...

Posted on 31/10/2023

Second Chance Properties’ bottom line gets boost from investment gains

Its earnings jumped by over 38 per cent to $19.7 million for the full year ended Aug 31. Read more at straitstimes.com.

Posted on 31/10/2023

China Aviation Oil (Singapore) (SGX:G92) shareholders have endured a 30% loss from investing in the stock five years ago

For many, the main point of investing is to generate higher returns than the overall market. But every investor ...

Posted on 31/10/2023

Human-to-lion COVID transmission confirmed: Singapore study rings alarm bells for endangered species

The study reveals that the SARS-CoV-2 delta variant was transmitted from humans to lions at a Singapore zoo, emphasizing the risk to captive and endangered animals. The researchers call for strict infection control measures and suggest vaccinations for susceptible animals to protect them from anthropogenic viral transmissions.

Posted on 31/10/2023

Reeracoen Reveals What Singapore Workers Want in Latest Survey

SINGAPORE, Oct. 31, 2023 /PRNewswire/ -- Reeracoen, a leading provider of human resource services in Singapore, has released the results of its latest survey, "What Singapore Workers Want". Conducted throughout July and August this year, the survey aimed ...

Posted on 31/10/2023

Is Singapore on the path towards stronger IP annual growth?

In September, manufacturing output grew 10.7% MoM. With improving global trade winds and a gradual recovery in China-centric numbers, an expert believes Singapore's manufacturing momentum will ...

Posted on 31/10/2023

Singapore retail rental and price indices rise for second consecutive quarter in Q3

Retail rental and price indices grew 0.5% and 0.6% in Q3, respectively. The recent URA statistics showed the Singapore retail property market recovery continues to gain traction. URA’s islandwide ...

Posted on 31/10/2023

Singapore office rental index jumps 4.9% in Q3

Rents have now grown by 12.8% in the first nine months of the year. Singapore’s office rental index increased by another 4.9% q-o-q in Q3 2023, following the 2.3% q-o-q growth in Q2 2023. According to ...

Posted on 31/10/2023

Tender launched to double number of police cameras in Singapore to over 200,000 by mid-2030s

Police cameras have helped to solve about 7,500 crimes since they were first installed across the country in 2012.

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