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Month: January 2024

Posted on 05/01/2024

At least 83 victims lost $155,000 in DBS phishing scam since the start of January

In this scam variant, scammers would impersonate DBS bank through spoofed SMSes. Read more at straitstimes.com.

Posted on 05/01/2024

Daily Cuts – Understanding Singapore’s 3rd National Climate Change Study

Singapore Today's Daniel Martin and Hui Wong speak with Dr Aurel Moise, Deputy Director, Centre for Climate Research Singapore, the Meteorological Service Singapore, about our nation possibly ...

Posted on 05/01/2024

Johor state govt proposes Iskandar Malaysia be designated special economic zone with Singapore

A memorandum of understanding on the SEZ is expected to be inked by both sides on Jan 11. Read more at straitstimes.com.

Posted on 05/01/2024

Singapore stocks snap 2024 losing streak as STI gains 0.3%

SINGAPORE - After being on a losing streak since the start of 2024, local stocks regained some bounce on Jan 5 amid mixed trading in the region. Read more at straitstimes.com.

Posted on 05/01/2024

Lazada S’pore retrenches staff at start of 2024 ahead of possible IPO, fails to notify union

Lazada, unionised under FDAWU, did not notify or consult FDAWU before it initiated a retrenchment exercise. FDAWU has since written to Lazada to express their disappointment, stating that such a move ...

Posted on 05/01/2024

Singapore telcos to let subscribers block international calls in new anti-scam measure

Mobile subscribers in Singapore can now instruct their carrier to block all incoming calls from international numbers, as part of the government's efforts to curb the growing volume of online scams ...

Posted on 05/01/2024

Singapore shares snap 2024 losing streak on Friday as STI gains 0.3%

SINGAPORE stocks snapped their losing streak in 2024 on Friday (Jan 5) amid mixed trading in the region. Read more at The Business Times.

Posted on 05/01/2024

OCBC Investment Research lowers Seatrium’s TP to 17.5 cents as offshore wind faces ‘stumbling blocks’

For the FY2023, the OCBC team is expecting Seatrium to report a patmi loss of $15.0 million. It is, however, expecting the group to turnaround to profitability with a patmi estimate of $127 million in ...

Posted on 05/01/2024

Fewer Singapore businesses planning forays overseas: Survey

Reasons included unpredictable demand in foreign markets, insecurity over partners, and costs. Read more at straitstimes.com.

Posted on 05/01/2024

Days hotter than 35°C almost all year round within this century: 5 key takeaways from Singapore’s new climate study

SINGAPORE: By the end of the century, Singapore could possibly face very hot days of temperatures exceeding 35 degrees Celsius for up to 351 days in a year. Singapore could also s ...

Posted on 05/01/2024

Singapore to face more extreme weather amid climate change

Scorching heat, extreme rainfall and rising sea levels will bring growing challenges to Singapore if climate change intensifies, according to a report released on Friday.

Posted on 05/01/2024

Can Singapore Keep Cheating Recession In 2024?

Highly trade-dependent economies like Singapore will be hardest hit by these monetary tightening measures. Singapore's trade-to-GDP ratio was 336.86 ...

Posted on 05/01/2024

Malaysians riled up after nasi goreng kambing listed among ‘100 worst-rated food’, Singapore gets dragged

Food is a sensitive topic in Malaysia, and the locals get can get pretty defensive over it. So when one of their local foods was put on experiential travel online guide TasteAtlas' '100 worst rated ...

Posted on 05/01/2024

DBS: S-REITs will continue to be net outperformers in 2024

SINGAPORE: Singapore Real Estate Investment Trusts (S-REITs) marked a robust end to 2023, witnessing a... The post DBS: S-REITs will continue to be net outperformers in 2024 appeared first on The Inde ...

Posted on 05/01/2024

DBS lifts Bumitama Agri’s FY2023 earnings after 9MFY2023 earnings surpass expectations

In FY2023 ended Dec 31, 2023, the analyst forecasts an average selling price (ASP) of IDR10,584 (91 cents) per kg and earnings of IDR1.6 trillion, which is down by 43% y-o-y but 38% higher than his ...

Posted on 05/01/2024

Fintech, Tech and Crypto Media Sector Shows Resilience with Notable Strategic Acquisitions and Funding Rounds in 2023

Over the past year, global economic and geopolitical uncertainty posed challenges for media and telecoms mergers and acquisitions (M&A) activity, but despite this, the sector continued to see ...

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