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Month: June 2024

Posted on 21/06/2024

DBS keeps ‘buy’ on Paragon REIT following divestment of Rail Mall

Proceeds from the divestment, which is made at nearly 30% above valuation, can be used to help pay down a perpetual securities ...

Posted on 21/06/2024

Singapore Q3 job outlook survey: Three industries are hiring heavily but one is bracing for layoffs

ManpowerGroup released its quarterly employment outlook survey for Singapore a few days ago, providing a barometer of sentiments towards hiring among local companies divided into nine broad categories ...

Posted on 21/06/2024

“You need at least S$15K a month to live in Singapore,” netizens advise expat who found a job in Singapore

SINGAPORE: An expat who found a job in Singapore and is considering a move to the city-state has been advised that he would need to make at least $15,000 to live a good life here. The expat sought ...

Posted on 21/06/2024

All civil servants in Singapore to receive 0.45-month mid-year bonus: PSD

All civil servants in Singapore will receive a mid-year Annual Variable Component (AVC) of 0.45 month, the Public Service Division (PSD) announced on Thursday (20 June 2024).

Posted on 21/06/2024

‘Having Singapore base will boost regional trade’

OPENING a Malaysia External Trade Development Corporation (Matrade) office in Singapore is part of Putrajaya’s effort to enhance trade and investment between both countries and Asean as a ...

Posted on 21/06/2024

Singapore Port Logjam Lingers as Container Ships Keep Piling In

The logjam that’s been plaguing Singapore’s container port is bringing forward this year’s peak season for the shipping sector, spelling trouble for businesses in the city-state.

Posted on 21/06/2024

HSBC’s Restructuring Efforts & High Rates Aid Amid Cost Woes

Additionally, in 2022, HSBC acquired 100% of the issued share capital of AXA Insurance in Singapore and L&T Investment Management Limited. Moreover, HSBC increased its ownership stake in its China ...

Posted on 21/06/2024

Singapore is the most competitive economy out of 67 across the world’s eight major regions

This is a major finding of the 2024 IMD World Competitiveness Ranking (WCR), which measures economies with population size and ...

Posted on 21/06/2024

Singapore is the world’s most competitive economy in 2024: IMD

The city-state also held the top spot in 2020. Singapore was named the world's most competitive market this year after climbing three places from the fourth spot in 2023, according to the latest IMD ...

Posted on 21/06/2024

Singapore and South Korea most willing to invest in sustainable and inclusive brands

Conversely, countries such as Belgium, Germany, The Netherlands, Sweden, and the United Kingdom show the least enthusiasm for paying premiums for such brands. The study, led by by Professor Frank ...

Posted on 21/06/2024

Singapore labour market expands in Q1; non-resident employment down

Non-resident employment in Singapore declined for the first time since the third quarter of 2021. This audio is generated by an AI tool. SINGAPORE: The labour market in Singapore continued to expand in the first quarter of 2024, with total employment growth driven primarily by residents.

Posted on 21/06/2024

Singapore civil servants to get 0.45-month mid-year bonus

SINGAPORE – All civil servants will receive a 0.45-month mid-year bonus, with junior officers getting a further payment of up to $250. This is higher than the 0.3-month mid-year bonus given to civil servants in 2023.

Posted on 21/06/2024

3 Best Credit Card Pairings for Maximising Cashback, Miles, and Rewards

Which credit cards work best with other credit cards? Here are our top picks for pairings that maximise cashback, miles, and rewards from UOB, Citi & more.

Posted on 21/06/2024

Crypto Tokens and Services Pose “High” Money Laundering Risks: Singapore MAS

There has been an increase in money laundering cases involving crypto tokens and a range of ways in which they can be exploited.

Posted on 21/06/2024

Singapore Raises Concern Over Digital Payment Token Service Providers in New Report

Singapore's Money Laundering National Risk Assessment has raised concerns regarding vulnerabilities posed by crypto service providers.

Posted on 21/06/2024

Singapore warns banks pose highest money laundering risk after US$2.24 billion scandal

A government report said banks could be more easily exploited due to the sheer volume of transactions they handle.

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