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Posted on 22/11/2023

DBS, UOB and OCBC: Which of These 3 Banks Should You Pick?

We review and compare the trio of local banks to see which is the most attractive. The post DBS, UOB and OCBC: Which of These 3 Banks Should You Pick? appeared first on The Smart Investor.

Posted on 22/11/2023

Former MAS, SGX executive Richard Teng succeeds Zhao as Binance crypto exchange’s CEO

Binance’s Richard Teng succeeded Changpeng Zhao as the chief executive officer of the world’s largest crypto exchange after Mr Zhao agreed to step down as part of a sweeping deal to resolve a US ...

Posted on 22/11/2023

Singapore 2023 GDP growth narrows to 1%; Q3 growth at 1.1%

SINGAPORE’S full-year economic growth is expected to come in at around 1 per cent, the Ministry of Trade and Industry (MTI) said on Wednesday (Nov 22) morning. Read more at The Business Times.

Posted on 22/11/2023

Singapore narrows 2023 growth forecast to around 1% on weak exports

Singapore's GDP is forecast to expand by 1 per cent to 3 per cent next year as major economies are expected to gradually pick up in the second half of 2024.

Posted on 22/11/2023

CIMB Singapore offers high interest rate of 2.88% per annum on new CIMB BusinessGo current accounts to support businesses and particularly SMEs

CIMB Singapore is offering a no-frills, limited-time interest rate of 2.88%* per annum for all new business customers who open a CIMB BusinessGo current account by 31 December 2023.

Posted on 22/11/2023

Singapore’s Q3 GDP tops initial estimates on financial services, tourism

Singapore's economy grew faster than initial estimates in the third quarter, helped by a resurgence in tourism and service sector activity, although authorities warned of risks to the outlook from ...

Posted on 22/11/2023

Singapore economy to expand 1% to 3% in 2024; 2023 growth forecast at 1% on weak exports

Manufacturing and trade-related sectors should see a modest improvement next year, MTI said. Read more at straitstimes.com.

Posted on 22/11/2023

Singapore downgrades 2023 export forecasts; projects NODX growth of 2% to 4% for 2024

SINGAPORE has downgraded its 2023 full-year forecasts for non-oil domestic exports (NODX) and total merchandise trade, amid weaker-than-expected performance in the first three quarters, mainly due to ...

Posted on 22/11/2023

Singapore pegs 2024 GDP growth between 1% and 3%

SINGAPORE -- The Singaporean government on Wednesday projected its growth for 2024 to come in between 1% and 3%, as the trade-oriented economy expects a recovery in global electronics demand. For the ...

Posted on 22/11/2023

Hongkong Land appoints Singapore-based Mapletree’s Michael Smith as CEO

Smith is currently the regional CEO for Europe and the US at Singapore-based global real estate investment company Mapletree Robert Wong, who has been Hongkong Land's CEO since 2016, will stay on as a ...

Posted on 22/11/2023

Unbridled innovation: a rude awakening for Singapore’s banks?

One episode of widespread unavailability of digital banking and ATM services in May, not the first, saw the Monetary Authority of Singapore impose an additional capital requirement on DBS – a harsh ...

Posted on 22/11/2023

Unfinished business: Toilets at hawker centres, coffee shops still too dirty

Singapore has much to be proud of when it comes to sanitation, but it has failed to gets its hawker centres and coffee shops to clean up their act Read more at straitstimes.com.

Posted on 22/11/2023

Singapore GDP Data Due On Wednesday

Singapore will on Wednesday release Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic ...

Posted on 22/11/2023

A mobile and IT products distributor for a new generation

FROM selling bulldozers to hawking Russian vodka, Mumbai-born Kailash Gupta has done it. And he started early: At 16, he began selling bottled water to fund his studies. Today, his company Generation ...

Posted on 22/11/2023

China’s EV upstart Li Auto hunts for chip talent in Singapore

Li Auto, a electric vehicle maker adored by young Chinese families, is stepping up its endeavors to build in-house automotive chips and has gone abroad to ...

Posted on 22/11/2023

Hyundai’s robot-heavy EV factory in Singapore is fully operational

While a car factory vegetable garden may sound somewhat odd, it actually compliments the Singapore government’s ongoing “ 30 by 30 ” initiative. Due to the region’s rocky geology, Singapore can only ...

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