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Month: July 2024

Posted on 11/07/2024

Singapore’s US$288 billion Temasek stays bullish on China – targets US, India for growth

The city state’s sovereign wealth fund says its main priority is building a ‘resilient portfolio’ that can withstand market ‘dislocations’.

Posted on 11/07/2024

Singapore wins more investments from major chipmakers as they seek to de-risk supply chains

SINGAPORE – Singapore continues to assert its status as a global semiconductor production hub, with more chipmakers and related businesses moving in to set up new plants. The total amount of ...

Posted on 11/07/2024

Singapore stocks opened with steady gains on Thursday—STI rose by 0.6%

The broader market also showed a positive trend, as 49.3 million securities worth S$63.2 million were traded in the early hours.

Posted on 11/07/2024

Singapore to stop registrations of new diesel cars, taxis from next year

(COE) after the 2025 deadline, they will be subject to higher road taxes to discourage renewal, LTA said.This is part of the existing policy to charge a road tax surcharge of 10% to 50% for vehicles ...

Posted on 11/07/2024

Temasek Review 2024: 4 Investment Lessons We Can Learn From Temasek As An Investor

By looking at the Temasek Review 2024 and the performance of Temasek, investors can learn some investment lessons from Temasek.

Posted on 11/07/2024

Singapore’s stock rally likely to continue as dividend plays shine

The benchmark STI provides yields of more than 5 per cent, which is higher than what most regional markets offer. Read more at straitstimes.com.

Posted on 11/07/2024

Singapore reviewing how local, global banks check wealth flows

(Bloomberg) — Singapore’s regulator is working with banks to hash ... The work by the group wouldn’t be focused just on the wealth business, but cuts across the banking sector, the people said. Their ...

Posted on 11/07/2024

Number of millionaires in Singapore soars past 333,000 in 2023

SINGAPORE - The number of millionaires in Singapore rose to 333,204 in 2023. This was about 0.4 per cent more than the figure of 332,000 in 2022. Conversely, the worldwide tally shrank to 58 million ... ( read original story ...)

Posted on 11/07/2024

Singapore boxship waiting times cut to ‘two days or less’, claims PSA

Since the start of 2024, PSA said it has faced strong berth demand as well as off-schedule vessel arrivals, resulting in high concentrations of vessels arriving during certain days of the week, ...

Posted on 11/07/2024

Malaysia says near Singapore deal for special economic zone

Malaysia said it’s near a deal with Singapore to develop Southeast Asia’s first cross-border special economic zone, which the countries hope will lure new investment and spur growth.

Posted on 11/07/2024

Singapore’s Stock Rally Likely to Extend as Dividend Plays Shine

Singapore stocks’ best rally in years may have legs as potential US interest-rate cuts burnish the appeal of the high-yielding market.

Posted on 11/07/2024

DBS Bank, JP Morgan ranked as best bank employers in Singapore in survey

The research included a wide range of factors contributing to employers’ appeal to candidates. Read more at straitstimes.com.

Posted on 11/07/2024

SMEs’ broad turnaround paves way for Singapore GDP growth to be around 3% in Q2: OCBC

The OCBC SME Index posted its first expansion at 50.2 points after shrinking for the five previous quarters. Read more at straitstimes.com.

Posted on 11/07/2024

Singapore SMEs in expansionary mode after five straight quarters of contraction: OCBC

SINGAPORE’S small and medium-sized enterprises (SMEs) saw a turnaround in the second quarter, entering expansionary territory after five straight quarters of contraction, according to OCBC’s quarterly ...

Posted on 11/07/2024

Singapore’s hell theme park featuring Chinese folklore is dead serious about the afterlife

But at Hell's Museum in Singapore, the main attraction at the Haw Par Villa park, visitors are welcomed to a kitschy, air-conditioned hell on Earth. Inside the sprawling park complex with more than ...

Posted on 11/07/2024

Banks in Singapore Expected to Boost Resilience Against Phishing Scams, Fraudulent Activities

“making it harder for scammers to fraudulently access a customer’s account and funds without the customer’s explicit authorization using his mobile device.” Phishing scams remain a concern in ...

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