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Month: January 2024

Posted on 26/01/2024

South African jailed after being caught at Changi Airport in Singapore’s largest seizure of rhino horns

The judge declined to run the sentences consecutively for the two types of rhinos, saying the case was different from Xavier Yap Jung Houn, where the sentences for the deaths of two sons ran ...

Posted on 26/01/2024

AbbVie Expands Biologics Manufacturing Capacity with a $223 Million Investment in Singapore Manufacturing Site

US$223 million expansion will add biologics capacity to AbbVie manufacturing network Singapore manufacturing site to grow to more than 500 employees following expansion Construction will commence ...

Posted on 26/01/2024

Singapore Shares Expected To Remain Rangebound On Friday

The Singapore stock market turned lower again on Thursday, one day after ending the two-day losing streak in which it had slipped ...

Posted on 26/01/2024

Singapore stocks track global rally on Friday; STI up 0.1%

SINGAPORE stocks began trading stronger on Friday (Jan 26), following overnight gains on global markets. Read more at The Business Times. ( read original story ...)

Posted on 26/01/2024

Investment Opportunities V exits PNB Housing; sells entire stake for Rs 2,106 cr

Singapore-based investor Investment Opportunities V Pte on Thursday sold its entire 9.88 per cent stake in PNB Housing Finance for Rs 2,106 crore through an open market transaction. According to the ...

Posted on 26/01/2024

Singapore set to hold monetary policy next week as price pressures persist

All 19 economists surveyed by Bloomberg expect MAS to maintain its overall policy settings on Jan 29. Read more at straitstimes.com.

Posted on 26/01/2024

After disgraced crypto entrepreneur’s ‘enjoyable’ Singapore prison experience, focus turns to exchange in Hong Kong

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...

Posted on 26/01/2024

South African pleads guilty to largest rhino horn seizure in Singapore’s history, with total worth of S$1.2m

A South African man has pleaded guilty to smuggling 20 rhinoceros horns valued at about S$1.2 million - the largest seizure of its kind in Singapore. Read on.

Posted on 26/01/2024

Singapore Set to Hold Monetary Policy as Price Pressures Persist

Singapore’s central bank will likely keep its tight monetary policy settings for a third straight review while retaining its sharp focus on still-elevated inflation.

Posted on 26/01/2024

2 teens among 4 people arrested in islandwide anti-scam enforcement operation

The operation was conducted by officers from the Commercial Affairs Department between Jan 22 and 24. Read more at straitstimes.com.

Posted on 26/01/2024

Crypto, Securities Laws, and Judge Rakoff’s SEC v. Terraform Labs Decision: A Split Among Judges of the SDNY?

Judge Rakoff held that there was “no genuine dispute” that the issuances of four (4) crypto assets created by Terraform Labs Pte. Ltd. (“Terraform Labs”), a Singapore-based company, constituted ...

Posted on 26/01/2024

Singapore Ecommerce Market Databook 2023: A $23.5 Billion Market by 2027, with CAGR of 9.47% During 2023-2027

Singaporean Ecommerce Market Singaporean Ecommerce Market Dublin, Jan. (GLOBE NEWSWIRE) -- The "Singapore Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, ...

Posted on 26/01/2024

DLF acquires 29 acres land in Gurugram’s Golf Course Extension for ₹825 crore

This strategic acquisition follows DLF's entry into an agreement with Standard Chartered Bank, Singapore Branch, DB International (Asia) Ltd Singapore, and Deutsche Investments India Private Ltd for ...

Posted on 26/01/2024

Singapore woman gets 4 years jail for flipping hot pot of boiling soup on man, causing burns on 29 per cent of his body

A woman who flipped a pot of boiling soup onto a man, causing him to suffer burns to nearly a third of his body, was sentenced to four years’ ...

Posted on 25/01/2024

Singapore central bank expected to maintain monetary policy amid lingering inflation concerns

A group of 13 analysts agreed that MAS will likely wait for more evidence of a consistent decline in inflation before adjusting policy.

Posted on 25/01/2024

Singapore shares went down at Thursday’s open; STI down 0.2%

SINGAPORE: Singapore shares went down at Thursday’s open ... DBS rose by 0.3%, gaining S$0.10 to reach S$31.94, while UOB dipped by 0.1%, shedding S$0.04 to settle at S$27.86. OCBC also slipped by 0.1 ...

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