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Month: January 2024

Posted on 27/01/2024

Singapore’s manufacturing output dips 2.5% year-on-year in December | Video

Singapore's manufacturing output dropped in December, with the main drag being the biomedical sector. While most clusters slipped, electronics bucked the trend, and analysts are confident of a gradual ...

Posted on 26/01/2024

Singapore private home prices, rentals grow at slower pace in 2023

In the leasing market, quarterly rentals fell for the first time in three years Read more at straitstimes.com. ( read original story ...)

Posted on 26/01/2024

Internalisation comes at a cost and Sabana REIT is fully valued, DBS says

Sabana REIT is fully valued says DBS due to cost of internalisation coupled with lenders' response to change of control ...

Posted on 26/01/2024

NTUC Income, DBS PayLah are SG’s most favored brands for insurance, payments

SINGAPORE: Data from YouGov BrandIndex shows that NTUC Income was viewed most positively by consumers... The post NTUC Income, DBS PayLah are SG’s most favored brands for insurance, payments appeared ...

Posted on 26/01/2024

Co-founder of crypto hedge fund Three Arrows Capital says life in Singapore prison was ‘enjoyable’, ‘good’ for everyone to experience once

Zhu Su, one of the co-founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital, has described his time in Singapore prison as ...

Posted on 26/01/2024

Man on outing with wife and son molests cosplayer at Singapore event, gets jail

Wee Hong Ee followed the woman and rubbed his exposed private parts against her backside when his family members went to the toilet.

Posted on 26/01/2024

DBS, OCBC to log higher net profits, muted loan growth for Q4: analyst

Two of Singapore’s biggest banks are expected to report higher profits but softer net interest and non-interest income for Q4 2023, according to UOB Kay Hian. DBS and OCBC will release their financial ...

Posted on 26/01/2024

Singapore shares end Friday higher as regional markets trade mixed

SINGAPORE – Local shares ended in the black on the last trading ... The local banks were also among the gainers, with DBS, OCBC and UOB rising between 0.6 per cent and 1.2 per cent. With the banks due ...

Posted on 26/01/2024

Singapore’s factory output slips back into negative territory in December, down 2.5%

SINGAPORE’S factory output contracted 2.5 per cent year on year in December, dragged down by a double-digit decline in the volatile biomedical sector, data from the Singapore Economic Development ...

Posted on 26/01/2024

Singapore jails South African for 2 years for smuggling rhino horns valued at US$900,000

Gumede Sthembiso Joel was arrested at Singapore’s Changi airport after authorities found 20 rhino horns weighing 34.7 kilogram in his bags.

Posted on 26/01/2024

Hot stock: Investors bet on Genting Singapore following strong showing from rival MBS

SHARES of Genting Singapore rose 5.6 per cent on Friday (Jan 26), as strong growth in casino revenue by its competitor Marina Bay Sands (MBS) boosted investor sentiments in the sector. Read more at ...

Posted on 26/01/2024

Singapore factory output shrinks 2.5% in December

Total factory output declined by 2.5 per cent year on year in December, a reversal from November’s revised zero growth, according to data released by the Economic Development Board (EDB) on Jan 26.

Posted on 26/01/2024

Singapore’s manufacturing output eased 2.5% in Dec 2023

SINGAPORE: Singapore’s manufacturing output decreased 2.5 per cent in December 2023 on a year-on-year (y-o-y) basis, according to the republic’s Economic Development Board (EDB) today.

Posted on 26/01/2024

Singapore venture financier InnoVen eyes China’s technology start-ups after US$130 million fundraising

Singapore’s InnoVen Capital Group completes a US$130 million first close for its second China fund, as it eyes financing China’s fund-starved start-ups.

Posted on 26/01/2024

3 Chinese workers sue Singapore remittance firm for US$48,000 after mainland police freeze money

Samlit Moneychanger said it cannot be responsible for what happens after cash reaches designated accounts in China. ( read original story ...)

Posted on 26/01/2024

NTUC Income, DBS PayLah! are most favourably perceived insurance and payment brands in Singapore: New ranking

SINGAPORE – NTUC Income and DBS PayLah! have taken the lead in YouGov's annual BrandIndex – a syndicated brand tracker which continuously collects data on thousands of brands around the globe every ...

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