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Posted on 04/10/2022

India’s Euler Motors raises $60 mln in GIC Singapore-led funding round

BENGALURU, Oct 4 (Reuters) - Electric vehicle-maker Euler Motors said on Tuesday it had raised $60 million in its latest funding round, led by investment firm GIC Singapore, to shore up its ... ( read original story ...)

Posted on 04/10/2022

Singapore football clubs told to end jackpot operations by end-Oct: report

Jackpot operations by football clubs - a major revenue stream for many Singapore Premier League clubs - have been told to cease by the end of October. ( read original story ...)

Posted on 04/10/2022

Commentary: Is it time for stock market investors to hold or fold?

Inflation has dominated global headlines this year and equities have tumbled. OCBC Investment Research's Carmen Lee discusses where investors can look to for an escape. ( read original story ...)

Posted on 04/10/2022

Singapore Bourse Poised To Reverse Monday’s Losses

The Singapore stock market headed south again on Monday, one session after ending the five-day losing streak in which it had stumbled almost 150 points or 4.8 percent. The Straits Times Index now ... ( read original story ...)

Posted on 04/10/2022

Singapore committed to affordable public housing, will intervene as needed: Desmond Lee

The Government will ensure that prices move broadly in line with economic fundamentals, he said. Read more at straitstimes.com. ( read original story ...)

Posted on 04/10/2022

Maybank Singapore offers fixed deposit rates up to 3.05% per annum

The offer starts at a minimum placement of S$20,000 and a 6-month tenure. Maybank Singapore has raised its fixed deposit rates to up to 3.05% per annum for the 15 month tenure, the bank announced. For ... ( read original story ...)

Posted on 04/10/2022

Oscars: Singapore Picks ‘Ajoomma’ as International Feature Submission

The Singapore-Korea co-production tells the story of a middle-aged widow’s obsession with Korean pop culture and her journey of self-discovery when she makes a trip to Seoul. ( read original story ...)

Posted on 04/10/2022

Marcos trip to watch Singapore F1 races sparks criticism

A trip by Philippine President Ferdinand Marcos Jr. to Singapore over the weekend to watch Formula One races has come under attack from critics who described it as “utterly callous” while thousands of ... ( read original story ...)

Posted on 04/10/2022

Flavio Briatore criticises ‘inadequate’ FIA after latest talking point in Singapore

The FIA was again raising eyebrows as the wait to confirm Sergio Perez’s Singapore win went on. Flavio Briatore says these issues must stop. After rain earlier in the race weekend, the threat ... ( read original story ...)

Posted on 04/10/2022

Singapore plans to hire 180 junior doctors from India

Singapore is planning to hire 180 junior doctors from India over the next three years, a move questioned by many, according to a media report. A tender set to close on October 10 states a target to ... ( read original story ...)

Posted on 04/10/2022

World Business Watch: Singapore factory activity contracts for first time since 2020

Raising the risk of a technical recession, factory activity in Singapore has contracted for the first time since 2020. This was the second month of contraction in the electronics sector. ( read original story ...)

Posted on 04/10/2022

PhonePe IPO: Company moves domicile from Singapore to India; ESOPs for 3000 employees approved

PhonePe has moved all businesses and subsidiaries including Insurance Broking Services and Wealth Broking businesses of PhonePe Singapore to PhonePe Pvt Ltd - India. ( read original story ...)

Posted on 04/10/2022

PhonePe moves domicile from Singapore to India ahead of IPO launch

Fintech player PhonePe, a part of the Walmart Inc-controlled Flipkart group, on Monday said it has completed the process of moving its domicile from Singapore to India. The development comes ahead of ... ( read original story ...)

Posted on 04/10/2022

MAS’s Menon, IMF say blended finance key to climate change fight

Singapore’s top central banker said blended finance is key to tackling climate change by earmarking more money for marginal environmental projects. ( read original story ...)

Posted on 04/10/2022

9 in 10 professionals say open finance has positively impacted the financial industry

They said it made the industry more collaborative. Professionals at financial institutions in Singapore view "open finance" more positively compared to their peers in Hong Kong and around the globe, a ... ( read original story ...)

Posted on 04/10/2022

DBS raises fixed rate home loan offerings to 3.5% after latest revision

The bank now offers four fixed rate packages set at 3.5 per cent per annum, ranging from two to five years. SINGAPORE: DBS Bank, Singapore’s largest lender, has raised the rates on its fixed rate home ... ( read original story ...)

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