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Month: August 2024

Posted on 20/08/2024

Market bullish ahead of inflation data, Powell’s speech; STI up 0.4% on Tuesday

SINGAPORE stocks extended rally on Tuesday (Aug 20) as investors await eagerly the Republic’s July inflation data and Federal Reserve chair Jerome Powell’s keynote speech. Read more at The Business ...

Posted on 20/08/2024

Lessons to grow the local stock market from fantasyland’s Great Eastern-Income Insurance union

Fears of a hard landing for the US economy sent stock markets in the US, Europe and Asia, including Singapore, plunging in early August. Read more at The Business Times.

Posted on 20/08/2024

4 Singapore Companies Reporting Higher Revenue and Profits: Can Their Share Prices Rise?

These four businesses are steadily growing both their top and bottom lines. Will their share prices rise in tandem with their good results? The post 4 Singapore Companies Reporting Higher Revenue and ...

Posted on 20/08/2024

Singapore HDB announces measures to cool resale prices, more support for first-time home buyers

HDB said that from 20 August 2024, the Loan-to-Value (LTV) limit for HDB housing loans would be lowered from 80 per cent to 75 per cent. Also, the Enhanced CPF Housing Grant quantum would be increased.

Posted on 20/08/2024

PM Xtra Finalists Drill And Rosey Jet Off To Singapore, Video Excites Fans

Drill and Rosey, housemates and contestants of the TV3 reality TV show, Perfect Match Xtra, jet off to Singapore in style as the video excites fans.

Posted on 20/08/2024

Higher prices for new homes near waterfront expected under Singapore’s plans to remake city centre: Analysts

There would be little impact on existing housing prices as the plans will be implemented gradually and over a long period, said one property analyst. ( read original story ...)

Posted on 20/08/2024

Jail for five linked to housing loan scam; bank duped into disbursing over S$5.1mil

SINGAPORE: A group of people worked together on a ruse which led to Maybank being duped into disbursing mortgage loans totalling more than $5.1 million in relation to the sale of two houses.

Posted on 20/08/2024

Standard Chartered shakes up transaction banking leadership team

Standard Chartered announced today, the appointment of Sofia Hammoucha as Global Head of Trade & Working Capital based in Singapore.

Posted on 20/08/2024

UOB: 1 in 4 Singapore Gen Zs lack savings, life insurance, investments, and other financial plans

SINGAPORE: While more Singaporeans are optimistic about the economy than last year, a new survey... The post UOB: 1 in 4 Singapore Gen Zs lack savings, life insurance, investments, and other financial ...

Posted on 20/08/2024

Putien restaurants to absorb GST and waive service charge at all Singapore outlets

The Singapore restaurant chain will permanently absorb the 9 per cent goods & services tax (GST) and waive the 10 per cent service charge across all its outlets from Aug 20.

Posted on 20/08/2024

BYD to self-import luxury brand Denza in Singapore; appoints Sime Darby unit and Harmony Auto as dealers

CHINA automotive giant BYD is bringing its luxury brand Denza to Singapore, and will assume distributorship for this marque itself – in contrast to its approach for its mainstream electric vehicles ...

Posted on 20/08/2024

Jail for Singapore dad who asked 10-year-old daughter for sex act while drunk, showed her obscene videos

A man, 55, was sentenced to 18 months' jail after asking his daughter to stroke his penis while he was intoxicated The victim was 10 years old at the time of the

Posted on 20/08/2024

Singapore issues mpox advisory [August 2024]

Per the Ministry of Health's update on 15 August, the immediate public health risk of the mpox outbreak in Africa to Singapore is assessed to be low.

Posted on 20/08/2024

Marine Parade hawker places record S$10K bid for stall as she believes it’s a worthwhile investment, but other hawkers disagree

SINGAPORE: A hawker has made a bold move that’s turning heads across Singapore. Ms Yang... The post Marine Parade hawker places record S$10K bid for stall as she believes it’s a worthwhile investment, ...

Posted on 20/08/2024

Singapore moves to rein in million-dollar public housing flats ahead of elections

Prices of second-hand flats have surged in recent years, driven by pandemic-induced construction delays and high demand. ( read original story ...)

Posted on 20/08/2024

Singapore introduces measures to cool the public housing market

The loan-to-value limit for Housing Development Board loans has been lowered from 80% to 75%, the government said. ( read original story ...)

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