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Posted on 25/11/2022

DBS prefers Sea over Grab in its Asean internet coverage

In the near term, DBS expects Sea’s share price to rise towards US$75 before marching towards its 12-month target of US$100.

Posted on 25/11/2022

Over 78% of Singapore employees will consider changing jobs if pay rise is lower than inflation rate: Survey

SINGAPORE - More than 78 per cent of employees in Singapore will consider changing jobs in 2023 if their pay increment is lower than the inflation rate, according to a survey by recruitment firm ...

Posted on 25/11/2022

MPs to discuss Temasek’s investment in FTX, repealing S377A and amending the Constitution to protect definition of marriage

SINGAPORE: Temasek’s investment in collapsed cryptocurrency exchange FTX will be discussed at the next Parliament sitting, which starts on Monday (Nov 28). Earlier this month, the state investment fir ...

Posted on 25/11/2022

Crypto Stars May Be Unhappy With Singapore But City State’s Businesses Laud The Regulations

His remarks come after Singapore sought to cut down on retail-investor access to crypto trading in a move to reduce consumer risks from the highly volatile market. The Monetary Authority of Singapore ...

Posted on 25/11/2022

Singapore’s inflation may have eased slightly, but central bank warns pain likely to linger

While still at 14-year highs, Singapore's core consumer price index rose 5.1% for October compared with a year ago.

Posted on 25/11/2022

Companies deleveraging while households gear up to buy property: MAS financial stability review

THE unwinding of pandemic-induced precautionary buffers has made Singapore’s companies, households and banks more financially vulnerable this year, said the Monetary Authority of Singapore (MAS) in ... ( read original story ...)

Posted on 25/11/2022

New digital banks unlikely to impact financial stability as incumbents hold their ground

The Monetary Authority of Singapore’s Financial Stability Review issued on Nov 25, looked at the financial stability implications following the launch of four digital banks in Singapore, GXS Bank, ...

Posted on 25/11/2022

Singapore police say they are investigating crypto lender Hodlnaut on fraud allegations

Singapore’s white-collar crime unit is investigating Hodlnaut on allegations of fraud, according to a statement on the website of the Singapore police dated Nov. 23.

Posted on 25/11/2022

Asia crude shipments for November hit all-time high led by imports from China

SINGAPORE - November crude imports into Asia are expected to be at an all time high supported primarily by demand from the region’s biggest consumers China and South Korea.  Read more at straitstimes.

Posted on 25/11/2022

Singapore Maintains Hard-Line Take on Goodwill in Million-Dollar Wonton Noodle Feud

In Singapore, popular eatery “ENG’S Wonton Noodles” is known for its springy noodles, luscious wonton dumplings and fiery chilli sauce. Its popularity attracted more than S$1.6 mil ...

Posted on 25/11/2022

Singapore Industrial Production Drops In October

(RTTNews) - Singapore's industrial production declined in October, albeit at a slightly slower than expected pace, data from the Economic Development Board revealed on Friday. Industrial production ...

Posted on 25/11/2022

Tycoon Gordon Tang To Take Chip Eng Seng Private In Deal Valuing Singapore Developer At $412 Million

Tycoon Gordon Tang and his wife Celine are proposing to take Chip Eng Seng private in a deal that values the Singapore-listed property and construction company at $565 million ($412 million).

Posted on 25/11/2022

Up to 50% off electronics on Amazon Singapore’s Black Friday sale

While some may think of it as just a day to give thanks and feast, others may be excited about what comes after: Black Friday (25 November) and Cyber Monday (28 November) sales. If you’re shopping for ...

Posted on 25/11/2022

Singapore’s factory output shrinks 0.8% in October on steep fall in biomedical manufacturing

SINGAPORE’S factory output contracted 0.8 per cent year on year in October, a reversal from the previous month’s gains of 1.6 per cent, according to data from an Economic Development Board (EDB) ...

Posted on 25/11/2022

Singapore’s manufacturing output decreases by 0.8% in October, marking first y-o-y contraction since Sept 2021

The y-o-y contraction was due to declines in the electronics, chemicals and the biomedical manufacturing clusters.

Posted on 25/11/2022

Singapore financial vulnerability climbs, but still resilient to shocks -MAS

Singaporean households, corporates and banks have seen an increase in financial vulnerability this year, the city-state's central bank said on Friday, warning people to be prudent about taking on more ...

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