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Month: February 2024

Posted on 16/02/2024

Vietnam can follow in the footsteps of Singapore in semiconductors

Singapore’s transformation from a nation with nothing to a “semiconductor valley” will be a very useful reference for Vietnam.

Posted on 16/02/2024

Singapore technology to be used in world’s first private space station

SINGAPORE: Technology developed in Singapore will be part of the world’s first commercial manned space station that could be orbiting the earth by August 2025 at the earliest.

Posted on 15/02/2024

Derwent Investments: Singapore’s AI Fintech Sector Flourishes Amidst Shifting Investment Trends

SINGAPORE, SINGAPORE / ACCESSWIRE / February 15, 2024 / Derwent Investments, a leading Singapore-based Wealth Management firm, has released its analysis of the investment landscape in Singapore's ...

Posted on 15/02/2024

Singapore Institute of Advanced Medicine Holdings’ IPO fully subscribed

THE initial public offering (IPO) on the Catalist board for Singapore Institute of Advanced Medicine Holdings (SIAMH), a cancer-treatment provider, has closed with all 114 million new shares ...

Posted on 15/02/2024

Singapore new private home sales more than double in January after resumption of launches

SINGAPORE: New private home sales in Singapore more than doubled in January from a month earlier after the resumption of property launches. Excluding executive condominiums (ECs), developers sold 281 ... ( read original story ...)

Posted on 15/02/2024

Singapore property investment sales could rise by 15% in 2024

Recovery is expected to kick in in the second half of the year. According to CBRE, 2023 witnessed a stalemate between buyers and sellers arising from mismatched price expectations. This led to real ... ( read original story ...)

Posted on 15/02/2024

Singapore middle distillates stocks soar to 3-month high as net exports dip

Regional cargoes from South Korea and China however will likely still be routed to Singapore. "Continued high imports into Singapore are anticipated, particularly as regional freight rates show signs ...

Posted on 15/02/2024

Power cuts, cyberattacks staged across Singapore to mark 40 years of total defence

More than 500 organisations are participating in Exercise SG Ready through simulated disruptions of power, water, food and digital connectivity.

Posted on 15/02/2024

Clifford Chance Hires Away HSF Private Equity Partner in Singapore

At the U.K. firm, McLaren advised Globe Telecom, Inc., a Philippine digital platform company, on the sale of 1,350 mobile towers to Phil-Tower Consortium, Inc. for $340 million in 2022. A year before ...

Posted on 15/02/2024

Singapore revises 2023 growth downward on manufacturing slump

Singapore’s economy expanded by a slightly more modest pace than initially expected in 2023, as manufacturing activity contracted and services growth slowed.

Posted on 15/02/2024

Singapore trims 2023 economic growth to 1.1% as manufacturing sector contracts

Singapore lowered its full-year growth for 2023, as official data on Thursday showed the economy grew 1.1% last year compared to an earlier estimate of 1.2%.

Posted on 15/02/2024

Singapore Oil Sales to Ships Jump as Vessels Avoid Red Sea Risks

The Red Sea shipping crisis is making waves in Singapore as the disruption to global shipping patterns spurs higher fuel sales at one of the world’s busiest ports.

Posted on 15/02/2024

Real estate agent lied to elderly client to set up joint bank account, withdrew $20k of her money

SINGAPORE - A former real estate agent ... In November that year, Tan and the woman set up a joint bank account to deposit the proceeds. Deputy Public Prosecutors Rimplejit Kaur and Mark Chia stated ... ( read original story ...)

Posted on 15/02/2024

Singapore home sales off to the slowest start since 2009

Singapore home sales posted the weakest January sales since 2009, adding to signs that the property boom is fading. ( read original story ...)

Posted on 15/02/2024

A year’s jail for woman who cheated three victims of nearly $85,000 in false property investments

Kamsaton Rohani had cheated her client of more than $26,000 in 2018 and served 11 months' jail in 2020 Read more at straitstimes.com. ( read original story ...)

Posted on 15/02/2024

7th youth pleads guilty to role in S$12.8m OCBC phishing scam, bail doubled pending sentencing

Soh is the seventh youth to plead guilty to offences relating to the scam. Five of the other six have been given sentences including probation and reformative training. The sixth is yet to be ...

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