Singapore’s UOB bank will stop backing new upstream oil & gas projects. It also laid out its 2050 net-zero targets for six polluting sectors. ( read original story ...)
Why Indian startups are setting base in Singapore but Flipkart-owned PhonePe isn’t
The Indian payments service provider PhonePe, which is supported by Flipkart, declared earlier this month that it had finished moving its headquarters from Singapore to India. American grocery giant ... ( read original story ...)
Local deep-tech alliance partners Enterprise Singapore on commercialisation programme
As part of Startup SG Accelerator, SDTA will run a nine-month “venture building” programme targeted at experienced founders. ( read original story ...)
Singapore to trial use of digital Singdollar for government payouts and vouchers
SINGAPORE - Four trial projects will be undertaken this year to assess the use of a digital Singapore dollar by individuals, businesses and the Government to make or receive specific payments. The ... ( read original story ...)
What’s the ‘hottest’ investment country in Southeast Asia?
Its digital economy is expected to grow by 22% to $18b in 2022. Singapore is considered to be the “hottest” investment country in Southeast Asia as its digital economy is expected to grow 22% to $18b ... ( read original story ...)
AustAsia passes HKEX listing hearing for trimmed IPO
Indonesian milk company AustAsia has got permission from the Hong Kong Stock Exchange for its public float, cutting its offering from an initial target of $100m to roughly $50m-$70m due to difficult ... ( read original story ...)
Busy weeks ahead for Singapore market as companies announce results
It is going to be a busy week ahead in the Singapore market as more companies are scheduled to release their quarterly results during the coming weeks. Read more at straitstimes.com. ( read original story ...)
Inflation-Fighting Central Bank Powers Rally in Singapore Bonds
The Monetary Authority of Singapore’s reliance on exchange rate as the monetary policy tool to fight inflation is bringing rich dividends for bond investors. Most Read from BloombergLula Edges Out Bol ... ( read original story ...)
Trust Bank to raise rates for savings account, open help centre to lure more customers
From Nov 1, savings account holders will earn a base interest of 1.5 per cent per annum on deposits of up to $75,000. Read more at straitstimes.com. ( read original story ...)
UOB sets out plan to meet net-zero targets by 2050
Goal will be met by cutting financing to upstream oil projects and setting emissions reduction goals in other sectors. Read more at straitstimes.com. ( read original story ...)
DBS’ purpose-bound money vouchers, like CDC vouchers but better
There is a new kid on the block that goes by the moniker purpose-bound money-based (PBM) vouchers issued by DBS Group Holdings. To download PBM vouchers, scan a specific QR code issued by DBS, sign up ... ( read original story ...)
Transport engineering cluster seen as most optimistic as business sentiments in manufacturing sector remain negative
Looking ahead, a net weighted balance of 17% of manufacturers expect lower output in the 4Q2022 for the next six months. ( read original story ...)
Swiss Chamber Eyes Bigger Role in Singapore: Businesses to Drive Innovation, HR Development
SINGAPORE - Media OutReach - 31 October 2022 - Swiss Chamber of Commerce and Industry Singapore (SwissCham) said it aims to leverage on the core strengths of innovation and ... ( read original story ...)
Chinese Vice Premier Han Zheng to Visit Singapore Nov 1-2
Chinese Vice Premier Han Zheng attends the closing session of the Chinese People's Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing, China May 27, 2020. ( read original story ...)
Singapore Housing Market Defies Global Downturn And Curbs Amid Soaring Rents
The growth in Singapore home prices accelerated to 3.8% in the third quarter to record levels, after rising 3.5% in the previous three months. ( read original story ...)
Singapore’s First Defence Chief And Ambassador Kirpa Ram Vij Dies
Singapore's first defence chief and Ambassador Brigadier-General (BG) Kirpa Ram Vij has died. He was 87. Kirpa Vij died on Saturday, leaving behind wife Nirmala, three children and their spouses, and ... ( read original story ...)