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Month: January 2024

Posted on 05/01/2024

3-peat: Singapore dollar may outperform again on inflation fight in 2024

In the past two consecutive years, the Singaporean dollar has outperformed its Asian counterparts... it's possible for another victory in 2024 ... ( read original story ...)

Posted on 05/01/2024

UOB Kay Hian keeps ‘overweight’ rating on ‘defensive’ S-REITs; blue chip S-REITs preferred

UOB Kay Hian analyst Jonathan Koh has kept his “overweight” rating on Singapore REITs (S-REITs) after interest rates seem to have peaked. The US Federal Reserve has paused its rate hikes for the third ...

Posted on 05/01/2024

Moody’s rates first tokenized Singapore-Dollar government bond fund

The first tokenized fund using Standard Chartered's SC Ventures' platform Libeara has been rated by Moody's. The SGD Delta Fund, a tokenized fund consisting ...

Posted on 05/01/2024

Singapore takes ‘clear and strong stand’ against being ‘used as a platform’ for Indonesia’s presidential election

A former Indonesian official suggested in a YouTube podcast that Singapore, China and the US were seeking to interfere with Indonesia's election Analysts said Singapore's statement served as a warning ...

Posted on 05/01/2024

Singapore should not be used to campaign or raise funds for overseas political purposes, says MHA

This comes amid claims of funds in Singapore meant for supporting candidates in Indonesia's election. Read more at straitstimes.com.

Posted on 04/01/2024

T-bills in Singapore: What it is, how to buy and the latest cut-off yield (9 January 2024)

The latest six-month Treasury Bills (T-bills) to be issued on 9 January 2024 had a cut-off yield of 3.74 per cent per annum, and the cut-off price was 98.135. With a S$12.8 billion applied amount, the ...

Posted on 04/01/2024

Lazada axes Singapore staff amid speculation of upcoming IPO

SINGAPORE - Regional e-commerce company Lazada on Jan 3 laid off an undisclosed number of its Singapore staff. In response to queries from The Straits Times, a Lazada spokesman said: “We are making ...

Posted on 04/01/2024

Singapore telcos offer call blocking from international numbers to combat scams

Singtel, StarHub, M1 and SIMBA will allow its customers to block incoming calls from international numbers from Friday (Jan 5).

Posted on 04/01/2024

Singapore’s 2024 Economic Outlook

Singapore's economic outlook for 2024 looks optimistic, with growth projected for key sectors like electronics, F&B, and travel industries.

Posted on 04/01/2024

Singapore warns of being used as a platform for funds, campaigning in third-country elections

Ahead of the presidential elections in Indonesia, the Singapore government on Thursday warned individuals and groups against raising funds and conducting campaigns in the city-state for elections in ...

Posted on 04/01/2024

If we don’t tolerate kids and let them play freely, Singapore will pay the eventual price

If Singaporeans cannot tolerate letting the kids play freely in void decks and street soccer courts, the nation could pay the price, says Neil Humphreys.

Posted on 04/01/2024

Truck driver found with contraband cigarettes arrested in Singapore for evading RM630,000 in duties and taxes

A man was arrested in Aljunied on Dec 28, 2023, after 1,356 cartons of contraband cigarettes were found in his company’s truck.

Posted on 04/01/2024

Singapore shares fall for third straight day; STI down 0.8%

SINGAPORE shares fell for the third consecutive day on Thursday (Jan 4), tracking a broader decline across the region. Read more at The Business Times.

Posted on 04/01/2024

Looking for Higher Dividends? 4 Singapore Stocks That Look Poised to Pay Out More in 2024

Luckily, the Singapore stock market is not short of companies that dish out a dividend. Here are four that look well-positioned to increase their payout this year. DBS needs no introduction, being ...

Posted on 04/01/2024

Best Fixed Deposit Rates in Singapore (Jan 2024)—Rates Up To 3.8%, Minimum Deposits From $500

Also, DBS is a poor option for investing larger sums ... 6 months 2.25% p.a. 12 months 2.45% p.a. 24 months or 36 months 2.85% p.a. The one advantage SBI Singapore board fixed deposit rates have is ...

Posted on 04/01/2024

Singapore’s middle distillates stock levels fall despite lower net exports

Singapore's middle distillates stock levels fell almost 9% from last week to a five-month low, despite a decline in net exports of both gasoil/diesel and jet fuel/kerosene.

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