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Month: July 2024

Posted on 13/07/2024

GEH to be suspended on July 15 but OCBC will continue to accept GEH shares for further 3 months

On June 25, OCBC’s ownership crossed 90%. As a result, GEH shares will be suspended on Monday July 15. Accordingly, the offer is no longer open for acceptance and any acceptances received after 5.30 p ...

Posted on 13/07/2024

OCBC garners 93.52% of Great Eastern’s shares at offer close, falls short of compulsory acquisition threshold

SINGAPORE - OCBC and its concert parties have garnered 93.52 per cent of shares in Great Eastern as at the close of the offer on July 12. This is lower than the 98.87 per cent shareholding required to ...

Posted on 13/07/2024

Singapore jails Malaysian engineer for taking upskirt, showering videos of close friends

A judge sentenced the man to 20 months and four weeks in jail, saying his premeditated offences caused the victims ‘agony and anguish’.

Posted on 13/07/2024

Singapore residents invited to participate in public consultation on suicide prevention

Singapore residents can now offer their views on suicide and its impact, in a new whole-of-society public consultation on suicide prevention. Led by ground-up group SG Mental Health Matters, Project ...

Posted on 12/07/2024

Singapore’s economy expands on back of manufacturing sector rebound

Compared with a year ago, the city state’s economy grew 2.9 per cent in the second quarter, beating expectations. ( read original story ...)

Posted on 12/07/2024

Singapore’s First-Ever Convention on New Launch Condominiums Sells 1,114 Tickets, Analysing A Record 80 Projects Under One Roof

SINGAPORE, July 12, 2024 /PRNewswire/ -- Almost 1,000 new ... Singaporean properties experience what PropertyLimBrothers calls Disparity Effect ®, where different property types move more quickly at ... ( read original story ...)

Posted on 12/07/2024

Singapore securities trading value highest in months as STI rallies 0.7%

Inflight caterer and ground handler Sats jumps 5.5% or $0.17 to $3.29, a 52-week high Read more at straitstimes.com.

Posted on 12/07/2024

More firms seeking secondary listings on SGX, but IPO deals falter

SINGAPORE - More companies are seeking secondary listings on the Singapore Exchange (SGX) as part of their expansion plans into the region. But while foreign firms are eyeing a secondary listing here, ...

Posted on 12/07/2024

The push for micro-credentials in Singapore: What are they and are they for you?

Micro-credentials are mini qualifications that can help individuals learn new skills, progress in their careers or change careers entirely.

Posted on 12/07/2024

Singapore NTUC labour group to be a ‘politically significant person’: what does this mean?

Singapore’s labour movement is set to be designated as a “politically significant person” under the city state’s foreign interference law because of its close ties with the ruling party, a move ...

Posted on 12/07/2024

Singapore Banks Fight Phishers by Phasing Out One-Time-Passwords for Account Logins

Banks in Singapore are phasing out one-time-passwords (OTP) for account logins to combat phishing scams.

Posted on 12/07/2024

Singapore stocks open higher on Friday morning following latest GDP data—STI rose by 0.5%

SINGAPORE: Singapore stocks open higher on Friday morning, July 12, reflecting positive sentiment from the latest economic data. The Ministry of Trade and Industry reported a 2.9% year-on-year GDP ...

Posted on 12/07/2024

OCBC, UOB see surge in gold investments as glint catches eye of younger investors

Younger retail investors in Singapore are turning to gold as an affordable investment in times of uncertainty, market players said. In particular, the younger crowd are also looking at digital gold ...

Posted on 12/07/2024

South-east Asia bets big on casinos, but who will take Singapore’s crown?

SOUTH-EAST Asia is fast cashing in on the casino business. Whether it is to woo tourism dollars, boost the local economy, create jobs, or stamp out illegal gambling, some Asean economies are playing ...

Posted on 12/07/2024

Analysis: High-value industries versus labour-intensive jobs among policy dilemmas confronting Johor-Singapore SEZ

As plans to launch the Johor-Singapore Special Economic Zone (JS-SEZ) gain momentum and more details emerge on its scope and goals, both sides will need to strike the ...

Posted on 12/07/2024

Singapore’s GDP grew by 2.9% in Q2 ’24, extending the 3% growth recorded in Q1

Singapore's Ministry of Trade and Industry Singapore (MTI ... while the professional services sector saw growth driven by head offices & business representative offices. Additionally, the finance & ...

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