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Month: March 2024

Posted on 01/03/2024

Singapore Is Bracing for a Super-Aging Society

“We are an aged society; soon we will be a super-aged society,” Prime Minister Lee Hsien Loong said in last year's National Day Rally, the rough equivalent of the US State of the Union address. “This ...

Posted on 01/03/2024

Fewer private property owners buying resale HDBs valued at S$1 mil or more since wait-out period started

SINGAPORE — Since the wait-out period for current private property owners and former private property owners (PPOs/ex-PPOs) to buy a resale flat was introduced, the proportion of such buyers buying ... ( read original story ...)

Posted on 01/03/2024

Increased competition expected in Asia’s property insurance market: Gallagher Specialty

Thus, challenges persist in certain markets, such as below-technical rates and high exposure to natural catastrophes. Clean renewal business may see flat to 5% increases, while certain loss-affected ... ( read original story ...)

Posted on 01/03/2024

Bitmain-Backed Crypto Miner Bitfufu Finally Goes Public In SPAC Deal

The Singapore-based crypto mining platform’s debut on the Nasdaq comes as bitcoin is closing in on its all-time high of almost $69,000.

Posted on 01/03/2024

In charting energy transition, Singapore ‘mindful’ of impact on electricity cost: Tan See Leng

We are mindful of the potential impact of the energy transition on electricity prices,” says Minister for Manpower and Second Minister for Trade and Industry Tan See Leng.

Posted on 01/03/2024

Singapore exports up 16.8% in January, far higher than market expectations

Find out more about subscription packages here. SINGAPORE’S key exports in January far exceeded market expectations with a 16.8 per cent year-on-year (yoy) jump, lifted by a surge in the shipment of ...

Posted on 01/03/2024

ExxonMobil, Shell to work with Singapore on carbon capture and storage project

March 1 (Reuters) - Global energy majors Exxon Mobil (XOM.N), opens new tab and Shell (SHEL.L), opens new tab will work with Singapore to develop a cross-border carbon capture and storage (CCS) ...

Posted on 01/03/2024

Singapore puts another S$300 million towards boosting tourism sector

These include a new Sensoryscape path in Sentosa; additions to Resorts World Sentosa, such as the Singapore Oceanarium; and “a strong line-up of leisure and business events”. This year, Singapore will ...

Posted on 01/03/2024

Singapore’s air force to add more stealth fighters as it phases out older jets

Singapore will buy eight more F-35 stealth fighters, eventually replacing its older F-16s and putting the Singaporean air force "in the premier league" as regional threats grow, the city-state's ...

Posted on 01/03/2024

StarHub one of the best networks globally for mobile gaming and watching videos on your phone, says new OpenSignal report

If you're a Starhub mobile user who likes to game or watch videos on your phone, there's some good new for you. Mobile network analyst company OpenSignal latest report, the Global Mobile Network ...

Posted on 01/03/2024

Illiterate or experienced? 70-year-old man sues Citibank for depositing over $1m in joint account with ex-wife

A tyre workshop owner who handed more than $1 million in cheques to his Citibank relationship manager has sued the bank for not following his instructions on what to do with the money.In court papers ...

Posted on 01/03/2024

How to earn air miles from your income tax payment in Singapore (Feb 2024)

Every year, many Singaporeans pay the mandatory income tax bill. While some may dread the financial obligation, there may be a silver lining in terms of the opportunity to earn air miles from tax ...

Posted on 01/03/2024

1,400kg of undeclared food imports from Thailand seized: SFA, ICA

Some 1.4 tonnes of illegally imported seafood, vegetables and food products from Thailand were seized by the authorities at Tuas Checkpoint during routine checks on delivery trucks. Officers from the ...

Posted on 01/03/2024

Singapore’s Sky-High Living Costs: A Comparison with Switzerland

The Most Expensive Southeast Asian Country for Living Expenses Singapore has been recognized as one of the most expensive cities to live in the world, alongside Zurich, Switzerland. Switzerland ...

Posted on 01/03/2024

Singapore shares opened on Friday with steady note—STI remains unchanged

SINGAPORE: Singapore shares opened on a steady note on Friday morning, mirroring the global trend despite the overnight upswing in international markets. The Business Times reported that The Straits ...

Posted on 01/03/2024

Look What Taylor Swift’s Exclusive Singapore Shows Made Its Southeast Asian Neighbors Do

Rumors of a multimillion-dollar regional exclusivity deal between Swift’s Eras Tour promoter and Singapore have prompted anger and a reckoning across Southeast Asia.

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