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Month: October 2023

Posted on 05/10/2023

30 people fall ill after wedding banquet at St Regis Singapore hotel; authorities investigating

The St Regis Singapore hotel also provided food samples from the wedding reception to be tested by a third-party accredited food safety expert.

Posted on 05/10/2023

UOB announces 3 new initiatives in Singapore, aimed at supporting employees across all career stages

The UUP targets to reach 500 students over three years. The new UOB Better U Campus Keeping in mind that reskilling and upskilling remain top-of-mind concerns for employees in Singapore, and a ...

Posted on 05/10/2023

Sheng Siong Group seen as defensive play amid rising inflation and slower economic growth: OCBC

The team at OCBC Investment Research (OIR) has kept its “buy” call on Sheng Siong Group OV8 - The lower estimate was due to the team’s adjustments on sales growth, gross margin and administrative ...

Posted on 05/10/2023

Two Major Crypto Businesses Sued By US SEC Secure Full Licenses In Singapore

This latest development on Coinbase and Ripple Labs' operations in Singapore marks a crucial stride toward wider adoption of digital assets in the country and in the world.

Posted on 05/10/2023

Singapore Police Responding to Su Zhu’s Arrest Says It Has Detained 36-Year Old Man: Reuters

Singapore Police said a "36-year-old" man was arrested Sept . 29 at the Changi airport, responding to a Reuters query on the arrest of Su Zhu, one of the founders of bankrupt crypto hedge fund Three Arrows Capital (3AC).

Posted on 05/10/2023

Business confidence rises as Singapore CEOs defy global challenges with investments into generative AI, ESG: KPMG 2023 CEO Outlook

a significant increase from 76% in 2022 Over half of Singapore CEOs or 52% are shifting capital investments towards skilling their workforce for an AI-driven future Majority of CEOs see their ESG ...

Posted on 05/10/2023

Interest rates and returns for Singapore Savings Bonds (SSB) in October 2023

With the increased attention towards personal assets, people are looking to strengthen their portfolios by investing in low-risk bonds. Learn more about Singapore Savings Bond (SSB), a bond with a ...

Posted on 05/10/2023

GSR Secures Regulatory Approval as Crypto Liquidity Provider in Singapore

GSR Markets Pte. Ltd - the Singaporean subsidiary of the global crypto trading firm and liquidity provider GSR, has received In-Principle Approval from the Monetary Authority of Singapore (MAS) for a ...

Posted on 05/10/2023

Why a certificate to own a car in Singapore now costs $106,000

The cost of a certificate to own a family car in Singapore has jumped to a fresh record high of S$146,002 ($106,619; £87,684). The city-state introduced the 10-year certificate of entitlement (COE) ...

Posted on 05/10/2023

Right to own a car in Singapore can cost $106,000

Prospective car owners in Singapore must have a COE in order to be able to purchase a vehicle. They are sold in auctions every two weeks, with the government controlling the number of certificates for ...

Posted on 05/10/2023

Singapore’s economy expected to grow at moderate pace despite inflation elevated in near term: AMRO

The macroeconomic watchdog says that maintaining a tight monetary policy stance is critical to anchor inflationary expectations.

Posted on 05/10/2023

New supply of business parks in Singapore to drop to 818,000 sq ft in 2025

This is a massive decline from the new supply of 3.3 million sq ft GFA projected for 2024. According to a Savills report, Singapore manufacturers grapple with weak demand from the major economies, ...

Posted on 05/10/2023

DBS ups Singtel’s TP to $3.39 led by Singapore segment and Bharti Airtel

A potential catalyst in DBS's view is the consolidation of the mobile sector in Singapore and special dividends from the group.

Posted on 05/10/2023

Singapore Shares Due For Support On Thursday

The Singapore stock market has moved lower in three straight sessions, falling more than 70 points or 2.6 percent along the way. The ...

Posted on 05/10/2023

Resale Condo Price Singapore: Condo resale prices increase 1% in Aug 2023 [Summary]

The rise in resale prices of condominiums picked up pace in August, reversing two consecutive months of decline as more units were sold. Resale prices ... ( read original story ...)

Posted on 05/10/2023

Money laundering to vaping: 5 key takeaways from Singapore Parliament

Singapore has taken a significant step in the fight against money laundering, with the government announcing plans to set up a new inter-ministerial committee in Parliament on Tuesday (3 October). The ...

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