LONDON: The Singapore dollar has held up fairly well against the stronger greenback this year but its resilience may soon be tested.
How US$2 billion money laundering scandal threatens Singapore’s image
SINGAPORE’S normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself ...
Outbound Singapore investments drop 62% to S$2.7b in Q3
Blame it on rising interest rates and market uncertainties. A recent report from Knight Frank said Real Capital Analytics (RCA) data revealed outbound investment from Singapore amounted to a total of S$2.
Singapore stocks open with strong gains on Tuesday; STI up 0.7%
SINGAPORE shares kicked off Tuesday (Oct 10) on solid footing after global markets ended mixed overnight. Read more at The Business Times.
Singapore real estate investment finally recovers after five consecutive quarters of decline
Total investment grew 19% to S$6.9b in Q3. According to a recent report from Knight Frank, Singapore real estate investment activity finally recorded an increase in total transacted value in Q3 2023.
AM Best Briefing at 2023 Singapore International Reinsurance Conference to Deliver Insights on Global and Regional Markets
AM Best’s Insurance Market Briefing - Singapore International Reinsurance Conference (SIRC) will explore the state of the global and Asia-Pacific reinsurance markets on Tuesday, 31 October 2023 as part of the 19th annual SIRC event.
SG’s outbound investment drops 36.4% QoQ in 3Q23
Year-on-year, outbound investment declined 62%. Singapore’s outbound investment fell to $2.7b in 3Q23, data from Real Capital Analytics showed. The 3Q23 figure translates to a 36.4% QoQ and 63% YoY ...
Explained: Why the Singapore dollar is so strong against the ringgit
The ringgit and the Singapore dollar were once at par and freely interchangeable. That ended in 1973. Since then, the value of the ringgit has sunk, reaching a new low in June of RM3.4384 to one ...
Explainer: Why is the UK planning to scrap the A-Levels and are there any implications for Singapore?
British Prime Minister Rishi Sunak announced last Wednesday (Oct 4) plans to merge the country’s current A-Levels and T-Levels into a new, single qualification called the Advanced British Standard.
How $2 Billion Money Laundering Scandal Threatens Singapore’s Image
Singapore’s normally staid image has had a rough year. Allegations have erupted that wealthy Chinese have been pouring ill-gotten gains into the Asian financial hub, in what the government itself describes as potentially one of the world’s largest money-laundering cases.
No plans by Singapore Muslim travel agencies to scrap tours yet amid Israel-Hamas conflict
One tour group, whose package includes a visit to the Al-Aqsa Mosque compound in the old city of Jerusalem in Israel, will depart Singapore this week as planned.
Trust Bank to launch more types of unsecured loans in coming months
SINGAPORE – Trust Bank will roll out more types of unsecured loans to customers in the coming months as the digital bank races towards its goal of being profitable by 2025. Read more at ... ( read original story ...)
Property investment market activity to remain muted for the rest of 2023
Knight Frank expects total investment sales for 2023 to reach around $18b-$20b. Despite an uptick in total investment sales in 3Q23, property experts believe the capital markets space will see muted ... ( read original story ...)
Singapore Tip-Off Led to Arrest of Three Arrows Co-Founder Zhu
Three Arrows Capital co-founder Su Zhu ended up in jail in Singapore after liquidators decided to apply maximum pressure following months of sparring over locating the failed crypto hedge fund’s ...
Commentary: What’s behind the housing crunch for foreign workers in Singapore?
Amid a shortage of dormitories, Singapore must strike a balance between improving foreign workers' living conditions and keeping costs sustainable for businesses, says NUS Associate Professor Daniel ...
Singapore’s gym industry could consolidate further, especially in central areas, say observers
SINGAPORE’s wave of gym closures is not over yet. More casualties are expected in central areas, where rents are high, and office crowds have dwindled, market watchers and players say. Read more at The Business Times.