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Month: January 2024

Posted on 23/01/2024

Singapore’s core inflation rises to 3.3% in December, averaged 4.2% for 2023

SINGAPORE — Singapore’s core inflation rose slightly to 3.3 per cent year-on-year in December last year, official data showed on Tuesday (Jan 23). It edged up from 3.2 per cent year-on-year in ...

Posted on 23/01/2024

Man swam, cycled, ran 9,555km in Singapore to set record for longest triathlon

Mr Luigi Castelli trained for over three years and achieved the feat in 166 days. Read more at straitstimes.com.

Posted on 23/01/2024

‘Big mistakes’: Singapore hedge fund to shut after investors flee on wrong-way bets on China, Japan stock markets

Singapore hedge fund Asia Genesis Asset Management is closing down its flagship macro fund as investors bolted after its managers made “big mistakes” and lost confidence following wrong-way bets on ...

Posted on 23/01/2024

Singapore’s headline inflation averaged 4.8% in 2023, core inflation at 4.2%

SINGAPORE’S inflation in 2023 came close to official forecasts, as price increases in December largely held steady from the preceding month, data from the Department of Statistics (Singstat) showed on ...

Posted on 23/01/2024

Singapore Inflation Unexpectedly Quickens as Pressures Linger

Singapore’s core inflation unexpectedly picked up pace in December, signaling that price pressures in the city-state remain persistent. The core measure, which excludes housing and private ...

Posted on 23/01/2024

Singapore Inflation Sped Up Unexpectedly in December

Singapore's inflation accelerated unexpectedly in December, mainly due to a mild pick-up in core consumer prices and ...

Posted on 23/01/2024

Singapore inflation eases to 4.8% in 2023 from 6.1% in 2022; December prices rise at faster pace

Core inflation rose to 3.3 per cent year on year in December, up from 3.2 per cent in November. Read more at straitstimes.com.

Posted on 23/01/2024

Water, air-con and others to be disrupted in Singapore’s first islandwide Total Defence exercise

SINGAPORE — The Republic's first islandwide Total Defence exercise will be held in February to increase Singaporeans' readiness for crises and disruptions. This is among several events to commemorate ...

Posted on 23/01/2024

Singapore’s Asia Genesis closes hedge fund after losing bets on China, Japan

Singapore-based Asia Genesis Asset Management is liquidating its hedge fund after a "significant and unprecedented drawdown" following missteps in Chinese and Japanese bets.

Posted on 23/01/2024

Singapore-based Antler to focus on more evolved startups in 2024

JAKARTA -- Global venture capital (VC) firm Antler, known to incubate nascent startups from their day zero, plans to go upstream in 2024 and increase investments in slightly more evolved companies.

Posted on 23/01/2024

ISCA Signs MOUs with Indonesian Accountancy Bodies and Education Centre to collaborate on initiatives for accountants in Indonesia and Singapore

SINGAPORE - Media OutReach Newswire - 23 January 2024 - The Institute of Singapore Chartered Accountants (ISCA) announced the signing of three landmark Memoranda of Understanding (MOUs) with key ...

Posted on 23/01/2024

Singapore hedge fund Asia Genesis shuts after ‘big mistake’ on China trade

SINGAPORE hedge fund Asia Genesis Asset Management is closing its macro fund after suffering an “unprecedented drawdown” following China’s stock market rout and Japan’s rally. Read more at The ...

Posted on 23/01/2024

Singapore shares rise at Tuesday’s open; STI up 0.2%

SINGAPORE shares climbed at market open on Tuesday (Jan 23) after global equities ended higher overnight. Read more at The Business Times.

Posted on 23/01/2024

This priority banking service takes the hassle out of relocating within Southeast Asia

The benefits of CIMB Preferred extend beyond the account holder as well. Said Mr Gupta: “Children of clients are granted Preferred status when studying abroad within Southeast Asia, meaning that they ...

Posted on 23/01/2024

Singapore takes ‘long-term’ view of China ties, hopes to ‘value-add’ as China’s economy grows: Chan Chun Sing

Chan cites examples of Singapore’s support through the decades. At the start of the 1990s, Singapore took a “long-term view” that it was in the region’s interests for China to be integrated with the ...

Posted on 23/01/2024

UOB launches new credit card with Singapore Airlines

Mr Tearavath, centre left, and Mr Pua, promote the new UOB KrisFlyer World and World Elite credit cards. UOB Thailand and Singapore Airlines (SIA) have launched the UOB KrisFlyer World and World Elite ...

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