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Month: July 2024

Posted on 10/07/2024

Singapore property investment sales soar 63% to S$6.4b in Q2

Residential deals accounted for the majority of the investment activity. Despite the subdued real estate investment sales climate in Singapore in the first half of the year, a report by Knight Frank ... ( read original story ...)

Posted on 10/07/2024

Banks catapult STI to 6-year high as Singapore stocks extend gains

DBS charged ahead of its peers, jumping S$0.75 or 2 per cent to S$38.15, slightly lower than its 52-week high of S$38.17. UOB climbed S$0.23 or 0.7 per cent to S$33.10, while OCBC hit an all-time high ...

Posted on 10/07/2024

Attempt to smuggle 10 replica guns hidden in cargo into Singapore foiled by the authorities

SINGAPORE - An attempt to smuggle 10 replica guns into Singapore was foiled by the authorities on June 14. The loot was detected by officers at Pasir Panjang Scanning Station, who spotted something ...

Posted on 10/07/2024

Johor-Singapore SEZ eyes ‘agile’ firms in ‘cutting-edge’ industries, won’t bog them down with bureaucracy: Rafizi

In January, Singapore and Malaysia signed a Memorandum of Understanding ... because they are the ones in high-tech, in the cutting edge of technology, a lot of them are PE- and VC-backed,” he added, ...

Posted on 10/07/2024

Singapore banks to gradually replace OTP with digital token for login

This will better protect them against phishing scams, which were among the top five scam types last year, with at least SGD 14.2 million lost to these scams, as per the Singapore Police Force Annual ...

Posted on 10/07/2024

Money laundering in Singapore up by almost 80% in 2023—Moody’s

SINGAPORE: Financial intelligence and analytics tool provider Moody’s said recently that money laundering events in... The post Money laundering in Singapore up by almost 80% in 2023—Moody’s appeared ...

Posted on 10/07/2024

Video of ex-Singapore PM ‘cautioning US-Taiwan ties’ is doctored

An edited video of Singapore's former prime minister Lee Hsien Loong circulated in Facebook and TikTok posts that falsely claimed it shows him warning Taiwan against strengthening relations with the ...

Posted on 10/07/2024

Singapore stocks continued their upward trend on Wednesday—STI gained 0.3%

SINGAPORE: Singapore stocks continued their upward trend on Wednesday, July 10, following the previous day’s rally. The Straits Times Index (STI) gained 8.65 points, or 0.3%, reaching 3,434.74 at 9:01 ...

Posted on 10/07/2024

Locusts in your noodles? Singapore approves 16 insect species as food

Singapore has approved 16 species of insects for both human consumption and animal feed. The guidelines stipulate that the insects cannot be harvested from the wild and must be manufactured in ...

Posted on 10/07/2024

Singapore Stock Benchmark Heads for 2018 High on Earnings Hopes

Singapore’s stocks are poised for a six-year high as investor optimism rises ahead of the upcoming earnings season.

Posted on 10/07/2024

2 Indian-Origin Men Jailed In Singapore For Scamming People In US

Two Indian-origin Singaporean men were sentenced to jail for scamming victims in the United States through at least 50 companies, two of which received money through bank accounts, including ...

Posted on 10/07/2024

Singapore stock benchmark heads for six-year high since June 2018 on earnings hopes

Singapore stocks are are set for a six-year high as investor optimism grows ahead of earnings season. The Straits Times Index is up 0.6% for the highest close since June 2018.

Posted on 10/07/2024

Singapore’s Temasek will back big polluters to curb emissions

Singapore’s Temasek Holdings Pte. will continue to invest in major polluters even as it seeks to slash portfolio emissions, aiming to push sectors like aviation to decarbonize faster.

Posted on 10/07/2024

Encouraging shareholder activism may help Singapore’s stock market

REVIEWS of shareholder activism are mixed, but in a market such as Singapore, more of such activity could be worth encouraging. Read more at The Business Times.

Posted on 10/07/2024

Singapore’s revamped anti-money laundering measures frustrate wealthy Chinese enough to leave for Hong Kong

SINGAPORE: Hong Kong is drawing high-net-worth individuals (HNWIs) from mainland China, a significant reversal from... The post Singapore’s revamped anti-money laundering measures frustrate wealthy Ch ...

Posted on 10/07/2024

Shanghai, Singapore deepen finance, digital economy cooperation

The 5th meeting of the Singapore-Shanghai Comprehensive Cooperation Council (SSCCC) was held in Shanghai on Tuesday, aiming to deepen cooperation between Singapore and Shanghai in various fields ...

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