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Posted on 15/11/2023

Singapore’s Temasek, Saudi PIF take contrarian view on China, raise bets on consumer stocks as other foreign investors flee

Two of the world’s biggest state owned investors have poured money into China’s consumption stocks during the third quarter, at a time when Western investors are retreating over growth concerns and ...

Posted on 15/11/2023

IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’

Kristalina Georgieva of the IMF said that the public sector should keep preparing to deploy CBDCs and related payment platforms in the future.

Posted on 15/11/2023

Singaporeans to receive Assurance Package (AP) support next month

The Assurance Package (AP) aims to help Singaporeans tide through the period of higher inflation and cushion the impact of the GST rate increase...” MOF said in a press release ...

Posted on 15/11/2023

All adult Singaporeans to receive Assurance Package cash payments in December

SINGAPORE – All adult Singaporeans will receive between $200 and $800 in December through the Government’s Assurance Package to help with the rising cost of living. This will apply to Singaporeans ...

Posted on 15/11/2023

UBS, DBS and SBI execute world first live repurchase transaction of natively-issued digital bond on public blockchain

This is part of MAS’s Project Guardian, a government-industry partnership to test the feasibility of asset tokenisation.

Posted on 15/11/2023

‘Singapore is wide open for business’: EnterpriseSG launches overseas centre in San Francisco

The San Francisco Overseas Centre will facilitate Singapore companies’ entry into the US and boost investment between the two countries.

Posted on 15/11/2023

UAE anti-money laundering chief praises Singapore’s S$2.8B bust

SINGAPORE: The director-general of the UAE’s Executive Office of Anti-Money Laundering and Counter-Terrorism Financing, Mr... The post UAE anti-money laundering chief praises Singapore’s S$2.8B bust a ...

Posted on 15/11/2023

Singapore October Home Sales Fall as Supply Weakness Weighs

Singapore home sales fell for a third month, to the lowest since 2022, as a lack of major property projects being launched continued to drag on the market.

Posted on 15/11/2023

HSBC to Offer its Financial Toolkit for Antler’s Portfolio Companies

HSBC has joined forces with Antler to support the growth of Southeast Asian companies and entrepreneurs based in Singapore.

Posted on 15/11/2023

Returns On Capital At Singapore Post (SGX:S08) Paint A Concerning Picture

And from a first read, things don't look too good at Singapore Post (SGX:S08), so let's see why. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative ...

Posted on 15/11/2023

Singapore electronics store taps payment firm for seamless online shopping

Stripe helps LG Electronics to ensure optimal experience during peak season. LG Electronics' online store has tapped Stripe, a financial platform, to improve the shopping experience in Singapore by ...

Posted on 15/11/2023

Singapore wants to play ‘long game’ in AI space, official says

Singapore aims to foster the responsible development of artificial intelligence technology after learning lessons from upheavals in the digital-asset sector, according to the chief fintech officer at ...

Posted on 15/11/2023

Enterprise Singapore opens third US office in San Francisco

SAN FRANCISCO] Singapore companies hoping to tap the innovation ecosystem in the San Francisco Bay Area to expand into the US will be able to get support from a new office set up there by Enterprise ...

Posted on 15/11/2023

Singapore Venture Funding Landscape 2023 Nine-Month Report

Singapore cemented its position as the leading technology hub and investment destination in the ASEAN 6 region in the first nine months of 2023, according to a new report conducted by DealStreetAsia ...

Posted on 15/11/2023

Singapore Airlines flight attendant bites security guard’s arm over shoplifting spree: police

A Singapore Airlines flight attendant was arrested in Japan after allegedly shoplifting from a store and biting a security guard when she was confronted over the reported theft.

Posted on 15/11/2023

China central bank boosts liquidity injection through policy loan, rate unchanged

China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participa ...

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