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Month: November 2024

Posted on 13/11/2024

Man spun stories to allegedly cheat six people into giving him $25k

SINGAPORE - A man who spun stories ranging from credit card ... On another occasion in April 2024, he allegedly told a third victim that his POSB account was frozen and dishonestly induced her into ...

Posted on 13/11/2024

Two Singapore media veterans sued over RM3.3mil loan given to their business to promote Mandarin

Two media professionals, Chua Chim Kang and Lee Kuan Fung, are being sued by a businessman seeking repayment of a S$990,000 (RM3.3 million) interest-free loan he had given the pair in 2017.

Posted on 13/11/2024

Singapore’s 2025 salary growth projected to be slowest in Southeast Asia, study reveals

SINGAPORE: According to the latest Singapore Business Review report, Singapore’s salary growth is expected to remain modest in 2025, with a projected increase of just 4.4%, the lowest across Southeast ...

Posted on 13/11/2024

‘Many dark times’: How this startup founder overcame self-doubt and started a $100-million-a-year business

In one of his business classes, which involved learning how to write ... In 2007, Tiong returned to Singapore and started Patsnap with the help of a government grant worth 55,000 Singapore dollars ...

Posted on 13/11/2024

Tourist shocked by $13 meal at Singapore restaurant

She noted that her order included "one potato, one tofu, four okras, two tofu skins, a small portion of chicken, and a serving of rice," adding that she could not understand why it cost so much.Indah ...

Posted on 13/11/2024

Temasek Trust invests US$50 million in HSBC-held Tekoma Energy

TEMASEK Trust agreed to invest US$50 million in an HSBC Asset Management-owned Japanese solar energy company. Read more at The Business Times.

Posted on 13/11/2024

Standard Chartered has partnered with Wise Platform to transform international payments experience

In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments ...

Posted on 13/11/2024

DBS lowers TP for Acrophyte Hospitality Trust formerly known as ARA US Hospitality Trust to 25 US cents

The REIT’s 3QFY2024 results ended Sept 30 saw its revenue per available room (RevPar) coming in at US$104, less than a 1% decline y-o-y as the fall in occupancy to 72.8% was offset by the increase in ...

Posted on 13/11/2024

Singapore stocks fell as trading began on Wednesday—STI dropped 0.7%

In the broader market, 78 stocks fell compared to 43 that advanced, with 47.8 million securities valued at S$89.5 million traded ...

Posted on 13/11/2024

Forty-four IPOs and counting: Malaysia’s IPO surge reflects investor confidence in local bourse, outpacing regional markets

Bursa Malaysia Bhd is experiencing a resurgence in initial public offerings (IPOs) as 2024 draws to a close, reflecting renewed investor confidence in ...

Posted on 13/11/2024

COP29: Singapore to commit US$500 million as concessional capital for climate action

THE Singapore government will commit US$500 million as concessional capital to support a blended-finance initiative launched by its central bank last year, said Sustainability and Environment Minister ...

Posted on 13/11/2024

COP29: Singapore pledges US$500m to accelerate capital flows into green projects

The dollar-for-dollar pledge contributes to the Financing Asia’s Transition Partnership (FAST-P), which was launched by the Monetary Authority of Singapore last year. The FAST-P blended finance ...

Posted on 13/11/2024

Billionaire’s Singapore Property Firm Frasers Sees Earnings Jump

Frasers Property Ltd., the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi, saw full-year earnings rise, led by higher residential contributions from China and Australia. ( read original story ...)

Posted on 13/11/2024

What Are Government Land Sales (GLS) – And How They Affect Property Prices In Singapore

Programme lists Confirmed and Reserve sites, and provides information on new private property launches in Singapore. ( read original story ...)

Posted on 13/11/2024

DBS Group: Management’s Dividend Growth Plan Remains Compelling

Shares of Singapore's DBS Group have been on a strong run since my last piece, including a nice bump after Q3 results. Q3 results were strong, with record net income mapping to a strong return on ...

Posted on 13/11/2024

Singapore shares retreat at Wednesday’s open; STI down 0.7%

SINGAPORE shares began trading lower on Wednesday (Nov 13), extending global equity market declines overnight. As at 9.02 am, the Straits Times Index (STI) fell 0.7 per cent or 24.31 points to ...

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