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Posted on 27/01/2023

Singapore’s private home prices up 0.4% in Q4 amid lower sales; price growth slows to 8.6% for 2022

SINGAPORE: Private home prices rose at a slower pace in the fourth quarter of 2022 amid lower sales due to a lack of major launches, cooling measures, rising interest rates and weaker global economic ... ( read original story ...)

Posted on 27/01/2023

HKMA alerts public to alleged phishing Telegram group related to Bank of Singapore

The Hong Kong Monetary Authority (HKMA) have made several clarifications after Bank of Singapore reported an alleged phishing scam to the authority. According to its official website, Bank of ...

Posted on 27/01/2023

Singapore police investigating 271 suspects for over 950 scam cases

A total of 271 people are under probe by the police for more than 950 scam cases, as they are suspected of being perpetrators of scams amounting over $5.3 million.

Posted on 27/01/2023

Analysts expect Singapore’s industrial production to remain soft in 1Q2023

Singapore’s industrial production fell by 3.1% on a y-o-y basis in December 2022, making this the third consecutive month of decline. The decline, which was less than the 6.9% y-o-y drop estimated by ...

Posted on 27/01/2023

Singapore office rents rise at faster pace of 5.1% in Q4 but retail rents slip 1.1%

Rents of office space in Singapore’s central region rose 5.1 per cent in the fourth quarter of 2022 over the previous quarter. This is a bigger gain than the 2.1 per cent rise in the third quarter of ...

Posted on 27/01/2023

Singapore will keep building local tech talent amid job cuts: Josephine Teo

Sectors ramping up their hiring of tech talent include the green economy, banking and logistics. Read more at straitstimes.com.

Posted on 27/01/2023

Singapore manufacturing gloom may extend into first half of 2023 with electronics still shaky

Electronics output up 4.6% in December, reversing falls of 12.4% in November and 0.7% in October. Read more at straitstimes.com.

Posted on 27/01/2023

Frasers Property Expands Singapore Footprint With $477 Million Suburban Mall Stake Purchase

Frasers Property and its unit Frasers Centrepoint Trust—both controlled by Thai billionaire Charoen Sirivadhanabhakdi—agreed to acquire a stake in a suburban shopping mall in the northeast Singapore ...

Posted on 27/01/2023

Las Vegas Sands To Invest $6.8 Billion In Singapore, Macau Amid Asian Casino Boom

Las Vegas Sands—controlled by the family of the late casino billionaire Sheldon Adelson—is investing $6.8 billion in Macau and Singapore to expand its presence in Asia amid a gaming boom across the ...

Posted on 27/01/2023

Market LIVE Updates: Sensex and Nifty 50 poised for a positive start tracing global cues

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to open higher on the last trading day of the week amid largely positive cues from global markets. Singapore Exchange Nifty futures, ...

Posted on 27/01/2023

Singapore Home Prices Grow the Least Since 2020 as Boom Eases

Singapore home prices grew at the slowest pace in more than two years in the fourth quarter of 2022, a sign that the property boom is starting to moderate as supply dwindles and interest rates climb.

Posted on 27/01/2023

Singapore stocks rise at Friday’s open; STI up 0.1%

SINGAPORE stocks rose in early trade on Friday (Jan 27) following the release of fresh data from the Urban Redevelopment Authority, which indicated a rise in Q4 private home prices while retail rents ...

Posted on 27/01/2023

Time for Singapore’s biggest investors to lay out their own ultimatums for companies

OF THE many panels and discussions I attended while at the World Economic Forum in Davos, my favourite was one by the chief of Norges Bank Investment Management. Nicolai Tangen criticised the boards ...

Posted on 27/01/2023

Foreign currency fixed deposits see more takers amid rising interest rates, strong Singdollar

Banks in Singapore are now offering higher interest rates for some foreign currency fixed deposits than Singdollar deposits.

Posted on 27/01/2023

Malaysia PM Anwar’s official visit to Singapore may bring several pressing issues to the fore

KUALA LUMPUR] When Anwar Ibrahim was sworn in as Malaysia’s prime minister last November, the 75-year-old became the country’s fourth leader in the space of just four years. Read more at The Business ...

Posted on 27/01/2023

Australia, Singapore firms amongst most likely to halt digital transformation due to cyberwarfare risks

Organisations in Australia, the US, and Singapore are amongst the top most likely to stall their digital transformation initiatives due to cyberwarfare threats, above the global average of 55%.

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