Reuben Lai, executive director at GXS Bank, is leaving the position at the end of this year. The news was first reported by Tech In Asia. Lai was head of Grab Financial Group until May 2022, and then ...
The rise of $100 million net worth individuals: Why Singapore’s luxury property market still has room for growth
At this stage of cooling measures, there’s growing concern that even Singapore’s stable climate might put off foreign property investment.The Additional Buyers Stamp Duty (ABSD) rate for foreigners ...
Shoppers are back, but higher interest rates and weak currencies cloud Starhill Global REIT’s outlook: OCBC
Higher interest rates and the weak Malaysian ringgit and Australian dollar have dampened Starhill Global REIT’s (SGREIT) outlook, say OCBC Investment Research analysts. The REIT owns interests in ...
Following 3QFY2022 results, analysts divided on OCBC’s net interest margin outlook
Some analysts see a stable outlook ahead for Oversea-Chinese Banking Corporation (OCBC Bank) following its results for 3QFY2022 ended September, with mid-single digit loan growth within reach in the ...
DBS, Temasek, World Bank and more launch second edition of climate-tech accelerator programme
Organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini and the Centre for Nature-based Climate Solutions at the National University of Singapore (NUS CNCS), the group ...
This Fund Thinks Southeast Asia Looks Ripe For Investment, And Here’s Why
Yong also highlighted Singapore as a market with opportunities in the automotive ... The key issues facing the Asia-Pacific markets Of course, no area of investment is without concerns. For example, ...
Vertical’s Tribeca-backed global critical minerals event set for Singapore
A future-focused resources conference backed by one of Asia Pacific’s most prolific investment firms will converge on Singapore next year.
Summit Industrial REIT sold in Singapore-backed $5.9 billion deal
Government of Singapore Investment Corp. and Dream Industrial REIT acquire Summit’s industrial portfolio in all-cash transaction ...
Singapore parliament approves GST hike, finance minister slams opposition calls for delay
From January 1, the GST will rise from 7 to 8 per cent, with a further hike to 9 per cent in 2024 Deputy prime minister and finance minister Lawrence Wong said opposition MPs who suggested ...
Singapore’s GST hike to go through after Bill passed in Parliament, with opposition MPs recording dissent
GST will increase from 7 per cent to 8 per cent from Jan 1, 2023 and from 8 per cent to 9 per cent from Jan 1, 2024.
Singapore stocks end higher even as China’s Covid-19 curbs continue
SINGAPORE - Singapore shares closed higher on Monday (Nov 7), even as China’s decision over the weekend to stick to its zero-Covid policy dampened investor sentiment. The Straits Times Index (STI) ...
Singapore second largest source of FPI inflows in Indian equity markets, in October
In comparison to Mauritius-based offshore funds, which owned securities worth Rs4.69 lakh crore as of October 31, Singapore-based offshore funds held securities worth Rs4.89 lakh crore.
upGrad to invest $30 mn to launch 10 global campuses under new brand, hire 1,000 PhDs
Edtech major upGrad announced on November 7 that it will invest $30 million to launch 10 global institutes ... one will be opened in Singapore, and one in the Middle East, too, according to a press ...
Singapore launches its inaugural pavilion at COP27
SHARM-EL-SHEIK, EGYPT - Singapore launched its first pavilion at the United Nations COP27 climate conference on Sunday to showcase the Republic’s commitment to its climate ambitions, as well as its ...
SIA attributes strong results to early investment in capacity
Singapore Airlines (SIA) partially attributes recent strong financial results to its injection of capacity prior to the emergence of pent-up demand in 2022 as the region's travel restrictions eased.
Singapore: The manufacturing sector loses momentum – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest results from the manufacturing sector in Singapore. Key Takeaways “Singapore’s manufacturing Purchasing Managers’ ...