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Month: November 2023

Posted on 03/11/2023

Singapore retail sales growth slows to lower-than-expected 0.6% in September

SINGAPORE’S retail sales inched up 0.6 per cent year on year in September, significantly less than the revised 4.2 per cent growth recorded in August, Department of Statistics (SingStat) data showed ...

Posted on 03/11/2023

Singapore shares rally for second straight day after rate pause; STI up 2%

THE Straits Times Index (STI) rose 2 per cent or 61.17 points for the day to 3,143.66 points, and wrapped up the five-session trading week at 2.7 per cent higher than the week before. Read more at The ...

Posted on 03/11/2023

Singapore’s Changi Airport fully reopens Terminal 2 following dramatic makeover

Singapore’s Changi Airport has fully reopened Terminal 2 following a massive 3.5-year expansion project. Given it was voted ‘world’s best airport’ in the 2023 Skytrax Airport Awards, it should come as ...

Posted on 03/11/2023

Is ‘Forward Singapore’ a soft launch of a manifesto by Lawrence Wong ahead of PAP leadership change?

Forward Singapore', the product of a nationwide feedback exercise, offers a road map for an inclusive Singapore that analysts say will inform the ruling PAP's election campaign The initiative could ...

Posted on 03/11/2023

Brokers’ take: OCBC raises SingPost’s fair value to S$0.555, awaits structural solution

OCBC Investment Research has increased its fair-value estimate for Singapore Post (SingPost) to S$0.555 from S$0.54, following the national postal-service provider’s update of its H1 financials on ...

Posted on 03/11/2023

OCBC & Care Corner S’pore to reach out to over 3,500 low-income seniors to fight social isolation

OCBC and Care Corner Singapore launched a programme on Nov. 1, 2023 to address social isolation amongst seniors from low-income families. Both organisations aim to reach out to over 3,500 seniors ...

Posted on 03/11/2023

Singapore Plans Investment Rules to Shield Critical Entities

(Bloomberg) — Singapore plans to screen investments more closely in sectors critical to its national interests, as part of a new regime to boost security without undermining the Asian financial hub’s reputation for ease of doing business. The ...

Posted on 03/11/2023

Join me on a journey into the heart of Singapore’s last remaining crocodile farm

Long Kuan Hong Crocodile Farm is the last surviving crocodile farm in Singapore, and it produces crocodile skins as well as crocodile meat.

Posted on 03/11/2023

Singapore Plans Investments Bill to Strengthen National Security

Singapore plans to introduce a bill that sets out a new investment management regime for investors in a bid to ensure the continuity of so-called “critical entities.” ...

Posted on 03/11/2023

Singapore reshapes its crypto hub after Three Arrows and Terraform setbacks

SINGAPORE: During the great pandemic-era Bitcoin boom, Singapore established itself as one of the hubs of the cryptocurrency industry, drawing in entrepreneurs and investors from around the world.

Posted on 03/11/2023

HSBC Life reveals new leadership appointments

Winnie Ching, Raj Kumar, and Alison Law will report to CEO Greg Hingston. HSBC Life has announced key appointments to its senior leadership team, who will all be based in Hong Kong. All three ...

Posted on 03/11/2023

DBS Group apologises for service outage; senior leadership will face pay cut

SINGAPORE: In the wake of a severe digital service outage last month, DBS Group has... The post DBS Group apologises for service outage; senior leadership will face pay cut appeared first on The Indep

Posted on 03/11/2023

MAS penalties on DBS won’t set the bank back, analysts say

SINGAPORE: The punishment meted out to DBS appears "minor" and not commensurate with the impact of the service disruptions to Singapore's biggest lender, including one where

Posted on 03/11/2023

Singapore proposes law to regulate significant investments in entities critical to national security

The Ministry of Trade and Industry said on Friday that three categories of businesses would come under the proposed legislation: those which are incorporated, formed, or established in Singapore; those which carry out business activities in Singapore ...

Posted on 03/11/2023

Singapore to propose new law to manage significant investments into critical entities

Singapore currently relies on sector-specific laws – such ... Orders can be given to “direct the assumption of control of the designated entities’ affairs, business and property to ensure their continuity” in the event of national security issues ...

Posted on 03/11/2023

Man jailed 40 weeks for smuggling 13 dogs and cats into Singapore; 5 of the dogs died

SINGAPORE — A carpenter was caught at Woodlands Checkpoint attempting to smuggle 10 puppies and three kittens from Malaysia into Singapore in August this year. The Straits Times (ST) reported that ...

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