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Posted on 26/04/2024

CVC Rises as Firm, Backers Raise €2 Billion in Long-Awaited IPO

CVC Capital Partners Plc shares climbed as much as 29% after the company and its investors raised €2 billion ($2.15 billion) in an initial public offering, bringing the long-delayed listing process ...

Posted on 26/04/2024

Why This US Millionaire Calls Singapore the Ultimate Place to Live

The Ultimate Place to Live? ?️ This US millionaire thinks so! ? Find out why he believes Singapore is the perfect spot for expats and families. ?‍?‍?‍? #SingaporeLiving #ExpatLife ... ( read original story ...)

Posted on 26/04/2024

Singapore’s Path to Faster Economic Growth Is Riddled With Risks

Escalating tensions in the Middle East and risk of a delayed easing in global interest rates could threaten Singapore’s economic rebound this year, according to the central bank’s latest review. ( read original story ...)

Posted on 26/04/2024

HSBC Suspends HK, SG Independent Asset Mgmt Biz: Report

HSBC HOLDINGS (00005.HK) has decided to suspend its independent asset management business in Hong Kong and Singapore, due to business strategy considerations, according to Sing Tao Daily. However, ...

Posted on 26/04/2024

Intrigue Surrounds Singapore’s Billion Dollar Money Laundering Case: 10 Suspects’ Profiles Unveiled

In a shocking turn of events, Singaporean authorities have uncovered a complex web of money laundering amounting to S$2.8 billion. This case is popularly known as the Billion Dollar Money Laundering ...

Posted on 26/04/2024

DBS raises CLINT’s TP to $1.30, calls it the ‘fastest growing REIT’ with an inbuilt pipeline

DBS keeps 'buy' on CapitaLand India Trust with raised target price, points to strong pipeline of projects and healthy DPU CAGR.

Posted on 26/04/2024

DBS upgrades iFast to ‘buy’ with higher TP of $9.57 as outlook turns more positive

DBS Group Research analyst Ling Lee Keng has upgraded iFast Corporation to “buy” from “hold” previously as the group’s outlook turns more positive.

Posted on 26/04/2024

Singapore: GST amounting to SGD 319,914 evaded, 4 arrested with over 2,900 cartons of duty-unpaid cigarettes

All the duty-unpaid cigarettes as well as the van, prime mover and bowser were seized by Customs. The total duty and Goods and Services Tax (GST) evaded amounted to about SGD 319,914. Court ...

Posted on 26/04/2024

Singapore shares slipped on Friday—STI down by 0.1%

SINGAPORE: Singapore shares slipped on Friday morning, following a trend of global market losses from the previous day. The Business Times reports, as of 9:01 am, the Straits Times Index (STI) was ...

Posted on 26/04/2024

Singapore Industrial Production Tumbles 9.2%

Singapore's industrial production declined at the fastest pace in seven months in March, data from the Economic Development Board ...

Posted on 26/04/2024

Singapore factory output reverses into negative territory in March, down 9.2%

SINGAPORE’S industrial production contracted 9.2 per cent year on year in March, dragged down by double-digit declines in the electronics and volatile biomedical clusters, data from the Singapore ...

Posted on 26/04/2024

Singapore’s economy boosted by Taylor Swift, Coldplay shows; over half of concertgoers ‘likely’ from overseas

The Monetary Authority of Singapore (MAS) noted estimates by private-sector analysts indicating the concerts could have generated tourism receipts of up to S$450 million.

Posted on 26/04/2024

Core inflation in Singapore expected to remain elevated, before falling in fourth quarter: MAS

The GST hike to 9 per cent has likely been fully passed through to most consumer prices., said MAS Read more at straitstimes.com.

Posted on 26/04/2024

Singapore’s growth trajectory remains intact on improving exports, tourism boost: MAS

The World Trade Organisation forecasts global merchandise trade is to expand by 3.3 per cent in 2024, up from 0.8 per cent in 2023. In tandem, Enterprise Singapore expects the Republic’s non-oil ...

Posted on 26/04/2024

Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures

Singapore’s central bank said growth could be driven by the global electronics upturn, which is broadening beyond semiconductors and is fueling growth in Asia’s emerging markets.

Posted on 26/04/2024

Workplace flexibility on rise as Singapore pushes for four-day week

SINGAPORE authorities have granted workers the right to request a four-day week and more work-from-home days under a new flexible working guideline. Read more at The Business Times.

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