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Category: BUSINESS

Posted on 06/11/2023

Singapore bank DBS posts 18% jump in third quarter profit, beating estimates

SINGAPORE: Singapore's biggest bank DBS Group reported on Monday (Nov 6) a better-than-expected 18 per cent jump in third-quarter net profit on the back of higher interest rates, which it forecast will also help keep its profit steady next year.

Posted on 06/11/2023

Singapore’s bank DBS third-quarter net profit rises 18% on-year

Singapore's biggest bank DBS Group reported on Monday a 18% jump in net profit in the third quarter from a year earlier on the back of higher net interest income.

Posted on 06/11/2023

Singapore’s next General Election likely to be held in late 2024 at the earliest, analysts say

Singapore can expect its next General Election (GE) to most likely be held in November 2024 at the earliest, political analysts told CNA, after Prime Minister Lee Hsien Loong announced on Sunday (Nov ...

Posted on 06/11/2023

Cambodia-Singapore trade jumps amid deficit and new tax protocol

However, the growth was largely driven by an increase in imports from Singapore, which rose by 14.7% to $690.04 million. Meanwhile, Cambodia’s exports to Singapore faced a downturn, decreasing by 19% ...

Posted on 05/11/2023

Crypto Now Braced For A ‘Massive’ $300 Billion Price Earthquake Following Bitcoin, Ethereum And XRP Surge

Since June, the bitcoin and crypto market has been closely watching a clutch of bitcoin spot exchange-traded fund (ETF) applications, with BlackRock's bitcoin spot ETF filing sending expectations ...

Posted on 05/11/2023

‘Crazy argument’ to say Singapore doesn’t need capable ministers because of good civil servants: PM Lee

"Remember, if you have ordinary political leaders, you're going to have an ordinary public service and this is going to become a very ordinary country," says People's Action Party secretary-general ...

Posted on 05/11/2023

From Singapore To Luxembourg, These Are The Richest Countries In The World

Wondering if you live in one of the richest countries in the world? Well, from Singapore to Qatar, these nations make the top 10.

Posted on 05/11/2023

Singapore ‘will never let the system go corrupt’, says PM Lee

The People’s Action Party will keep itself clean, with its commitment to honesty and incorruptibility “absolutely non-negotiable”, says Prime Minister Lee Hsien Loong at the party's convention.

Posted on 05/11/2023

‘Work hard, talk less, do more’ is how Singapore billionaire Kwek Leng Beng made his fortune

Hong Leong Group executive chairman says passion and experience speak louder than words in business. Read more at straitstimes.com.

Posted on 05/11/2023

SG’s elderly: 1/5 population by 2026, present lucrative business opportunities in “longevity economy”

The post SG’s elderly: 1/5 population by 2026, present lucrative business opportunities in “longevity economy” appeared first on The Independent Singapore News - Latest Breaking News ...

Posted on 05/11/2023

SG’s elderly: 1/5 population by 2026; presents lucrative business opportunities in “longevity economy”

As Singapore evolves into a super-ageing society, it faces numerous challenges but also opportunities for improvement in the quality of life for its ageing population ...

Posted on 04/11/2023

CNA Explains: Could a DDoS attack bring down Singapore’s public healthcare system?

Experts said that most hospitals have separate systems to host online webpages and to run the internal healthcare systems.

Posted on 03/11/2023

Singapore Plans Investment Rules to Shield Critical Entities

(Bloomberg) — Singapore plans to screen investments more closely in sectors critical to its national interests, as part of a new regime to boost security without undermining the Asian financial hub’s reputation for ease of doing business. The ...

Posted on 03/11/2023

Singapore proposes law to regulate significant investments in entities critical to national security

The Ministry of Trade and Industry said on Friday that three categories of businesses would come under the proposed legislation: those which are incorporated, formed, or established in Singapore; those which carry out business activities in Singapore ...

Posted on 03/11/2023

Singapore to propose new law to manage significant investments into critical entities

Singapore currently relies on sector-specific laws – such ... Orders can be given to “direct the assumption of control of the designated entities’ affairs, business and property to ensure their continuity” in the event of national security issues ...

Posted on 03/11/2023

Singapore warns foreigners against using country to further political causes amid Israel-Hamas war

In a joint advisory, manpower and security agencies urge foreign workers to not import foreign politics into Singapore, including through the public display of materials such as flags.

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