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Month: May 2024

Posted on 24/05/2024

Singapore stocks end lower as investor appetite sours; STI down 0.2%

Across the broader market, decliners for the day trounced advancers 335 to 271. Read more at straitstimes.com.

Posted on 24/05/2024

Singapore braces for sleepless nights as US cuts trade settlement to T+1

On May 28, the US will shift to T+1 where securities trades are settled within one business day after execution. Read more at straitstimes.com.

Posted on 24/05/2024

How This Singaporean Turned Melaka Ghost Mall Into RM2.5 Million Crypto Farm

According to Bryan, the mining farm can also be called a data centre. To set up the mining farm it cost him RM2.5 million. 90% of the electricity from the mall is used for mine farming and because of ...

Posted on 24/05/2024

Vietnam remains Singapore’s 10th largest trading partner

VOV.VN - Vietnam has maintained its place as Singapore’s 10th largest trading partner in the first fourth months of the year, with two-way trade turnover reaching SGD10.19 billion, up more than 6.33% ...

Posted on 24/05/2024

Customer service delays in Singapore result in businesses losing S$1.24B in wages

SINGAPORE: There have been more customer service delays in Singapore, with recent figures revealing a staggering cost of S$1.24 billion in lost wages. The average Singaporean finds themselves ...

Posted on 24/05/2024

Singapore Air Changes Seatbelt Rules After Fatal Turbulence

Singapore Airlines Ltd. has introduced tighter cabin restrictions when aircraft hit turbulence after one passenger died and scores were injured on a flight from London earlier this week.

Posted on 24/05/2024

Singapore Airlines turbulence probe, Hong Kong restaurant service, Indonesian couple’s twist of fate: SCMP’s 7 highlights of the week

From severe turbulence hitting a Singapore Airlines flight to an Indonesian couple’s strange twist of fate, here are a few highlights from SCMP’s recent reporting.

Posted on 24/05/2024

Brother of former Singapore PM ordered to pay $296,000 in defamation suit

The brother of former Singapore Prime Minister Lee Hsien Loong has been ordered by a court to pay S$400,000 ($296,000) to two government ministers in a defamation suit, according to a written judgment published on Friday.

Posted on 24/05/2024

Singapore’s factory output extends decline on biomedical slide; down 1.6% in April

SINGAPORE’S factory output fell 1.6 per cent year on year in April, slowing from the previous month’s contraction, as output in the volatile biomedical cluster fell, data from the Singapore Economic ...

Posted on 24/05/2024

Singapore Industrial Output Falls Further

Singapore's industrial production declined for the second straight month in April, though at a slower pace compared to the previous ...

Posted on 24/05/2024

SG’s finance and insurance industry expands 6.5% in Q1’24

Insurance was one of the economy’s growth drivers in the quarter, In the first quarter of 2024 (Q1’24), the Singapore economy grew by 2.7% year-on-year (YoY). Key sectors driving gross domestic ...

Posted on 24/05/2024

UOB, RHB keeps growth forecast unchanged following 2.7% GDP expansion in Q1

UOB sees economy growing 2.9% this year, while RHB's estimates at 2.5%. UOB Global Economics and Markets Research and RHB kept their 2024 growth forecasts for Singapore unchanged as interest rates ...

Posted on 24/05/2024

Singapore’s shophouses — hotter than Fifth Avenue?

East Asia, these colonial-era buildings have become some of the world’s most expensive properties, home to Michelin stars and chichi retailers — and a target for money launderers ...

Posted on 24/05/2024

Singapore stocks dipped on Friday—STI dropped by 0.4%

SINGAPORE: Singapore stocks dipped on Friday, May 24, influenced by overnight declines on Wall Street.... The post Singapore stocks dipped on Friday—STI dropped by 0.4% appeared first on The Independe ...

Posted on 24/05/2024

JS-SEZ — Pushing forward Malaysia-Singapore bilateral relations — Jason Loh

In his press conference on May 13, then Singapore Prime Minister-designate Lawrence Wong stated unequivocally that he will seek to maintain stability and continuity ...

Posted on 24/05/2024

Singapore Sees Taiwan as One of Most ‘Dangerous Flashpoints’

Taiwan has become “one of the most dangerous flashpoints” in the region as US-China rivalry intensifies, Singapore Deputy Prime Minister Gan Kim Yong said on Friday.

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