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Month: March 2024

Posted on 27/03/2024

Prices for Good Class Bungalows and luxury apartments in Singapore are holding steady amid sales volume decline

SINGAPORE: Prices for Good Class Bungalows and luxury apartments in Singapore are holding steady, although there’s been a dip in transaction volumes lately, according to the latest report from ...

Posted on 27/03/2024

Singapore made Israeli embassy remove ‘inappropriate’ Palestine social media post

Singapore’s interior ministry said that it had forced the country’s Israeli embassy to delete a Facebook post on Sunday, which it deemed as ‘insensitive,’ about the lack of mention of “Palestine” in ...

Posted on 27/03/2024

Singapore’s factory output extends growth in February with 3.8% rise, beating estimates of 0.5%

SINGAPORE’S factory output grew 3.8 per cent on year in February, extending gains from January’s revised figure of 0.6 per cent ...

Posted on 27/03/2024

E-Commerce Giant Alibaba Halts Logistics Unit IPO As Valuation Slides

Alibaba Group is further retreating from a corporate overhaul announced a year ago by calling off an initial public offering for logistics unit Cainiao.

Posted on 27/03/2024

SBI, BOB, HDFC, ICICI Bank shares: Investors in Singapore, Hong Kong find PSB stocks interesting, say this on private lenders

Institutional investors, Nomura India said, largely believe that the worst may be behind for HDFC Bank share price. Most investors are also comfortable with a potential low-teens loan growth outlook o ...

Posted on 27/03/2024

Yen stabilises after finance minister comments, dollar dips

The yen found some stability on Tuesday, just shy of its weakest level in 34 years, as verbal intervention by Japanese officials continued, while the dollar was on the back foot. The euro was last up ...

Posted on 27/03/2024

Six presumed dead after crippled Singapore-flagged cargo ship knocks down Baltimore bridge

Officials have announced an investigation into the incident of the Singapore-flagged vessel, in the country's worst bridge collapse in decades.

Posted on 27/03/2024

HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia

HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia. The London ...

Posted on 27/03/2024

Singapore’s money laundering accused slapped with 6 new fraud, forgery charges

The other five charges ranged from allegedly possessing S$2.4 million in criminal benefits generated from unlicensed moneylending operations in China, to submitting a forged bank statement to Citibank ...

Posted on 27/03/2024

S$3bil money laundering accused gets 6 new charges for submitting forged statements to Swiss bank

SINGAPORE: Vang Shuiming, one of the 10 accused in Singapore’s largest money laundering case, was handed six more charges on Wednesday (March 27).

Posted on 27/03/2024

Singapore Prime Office Rents Jump to Highest Since 2008

Office rents in Singapore reached a 15-year high in the first quarter, defying the commercial property slump plaguing other major financial hubs.

Posted on 27/03/2024

Singapore’s anti-scam efforts are a model for tackling ‘epidemic’ of transnational organised crime: Interpol chief

IN THE current “epidemic” of transnational organised crime, Singapore’s anti-scam efforts can serve as a model for other countries to emulate, ...

Posted on 27/03/2024

Singapore shares climb at Wednesday’s open amid factory output growth; STI up 0.5%

SINGAPORE stocks advanced at the opening bell on Wednesday (Mar 27) morning, following higher-than-expected growth in the city-state’s February factory output.

Posted on 27/03/2024

Singapore shares kicked off on Wednesday—STI gained 0.5%

SINGAPORE: Singapore shares kicked off on Wednesday morning, riding on the wave of unexpectedly robust... The post Singapore shares kicked off on Wednesday—STI gained 0.5% appeared first on The Indepe ...

Posted on 27/03/2024

Singapore warehouses filling up with surplus lead and zinc

The warehouses were virtually empty a year ago, but now hold more than US$900 million (S$1.2 billion) worth of lead and zinc. Read more at straitstimes.com.

Posted on 27/03/2024

Lum Kok Seng: Who is the Singapore businessman mentioned in ex-minister S Iswaran’s case?

S Iswaran, Singapore's former transport minister, was handed eight new charges on Monday (25 March) that he obtained valuable items while he was a public servant from Lum Kok Seng, a director of Lum ...

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