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Posted on 11/08/2023

No plans for WeWork to withdraw from S’pore or hive off business despite global losses

The Straits Times reported in January 2020 that Singapore was a profitable market for WeWork and it is understood that the business remains in the black, despite overall losses of US$397 million ...

Posted on 11/08/2023

Using ETFs to Ride on Singapore’s Economic Growth

And as an investor living in one of the world’s strongest economies, we can definitely ride on Singapore’s economic growth – especially for those seeking growth and income returns on your investment ...

Posted on 11/08/2023

Olam Group expects agricultural unit’s Singapore-Saudi dual IPO by 2024 first half

Singapore's Olam Group said on Friday it is targeting the IPO of its agricultural unit by the first half of 2024, and the commodity trader reported an 88.8% fall in first-half profit on lower crop yield from its almond orchards in Australia.

Posted on 11/08/2023

Singapore bank DBS commits up to $741 mln for charity over next decade- CEO

SINGAPORE, Aug 11 (Reuters) - Singapore's biggest bank DBS Group (DBSM.SI) will commit up to S$1 billion ($741.29 million) over the next 10 years to help improve the livelihoods of the low-income and ...

Posted on 11/08/2023

Man fined $15,000 for illegally importing over 180kg of meat and seafood products from China

A man, Man Wee Kong, was fined $15,000 for illegally importing meat and seafood products from China, the Singapore Food Agency (SFA) said in a statement. Read more at stomp.straitstimes.com ...

Posted on 11/08/2023

Singapore cuts 2023 economic growth forecast to 0.5-1.5% on weak export outlook

Govt looking at the second half of the year for relatively higher growth after economy narrowly avoided a technical recession in Q2. Read more at straitstimes.com.

Posted on 11/08/2023

Singapore stocks fall on Friday amid lower GDP growth, forecast; STI down 0.9%

Muted new data for the Singapore economy helped send shares dipping on Friday and into negative territory for the week. Read more at straitstimes.com.

Posted on 11/08/2023

Recession unlikely in 2023 after Singapore reports slight growth in Q2: economists

AFTER narrowly escaping a technical recession in the second quarter, private-sector economists believe Singapore’s risk of entering into a recession has receded, and that growth can be expected to ...

Posted on 11/08/2023

Monster Hunter Now soft-launches in Singapore ahead of official September release

Capcom's smash-hit Monster Hunter series, soft-launched in Singapore, Hong Kong SAR, Canada, and Sweden ahead of the game's official launch on 14 September.Monster Hunter Now 's soft-launch features a ...

Posted on 11/08/2023

Singapore’s Olam Group first-half profit falls 89%

Singapore's Olam Group Ltd posted an 88.8% fall in first-half profit on Friday, hurt by a lower crop yield from its almonds orchards in Australia and by higher borrowing costs. Olam, one of the ...

Posted on 11/08/2023

CNA Explains: Slump and recovery – what is the current state of the Singapore economy?

Singapore narrowed its projection for economic growth in 2023 on the back of a weak outlook for external demand.

Posted on 11/08/2023

Lim Tean advocates for Tan Kin Lian: A visionary leader for Singapore’s Presidency

In his speech at Mr Tan Kin Lian's launch of his presidential bid, Mr Lim Tean passionately championed the need for a truly Independent President. Highlighting Mr Tan Kin Lian's unique credentials and ...

Posted on 11/08/2023

DBS & POSB showcase heartwarming film that highlights positive community impact for Singapore’s National Day

DBS/POSB have produced a seven-minute short film that aims to shine a spotlight on positive community impact for Singapore’s National Day. Titled ‘Just Next Door’, the sentimental film is inspired by ...

Posted on 11/08/2023

Singapore’s life insurance premium down 17% in the first half of 2023

Singapore’s life insurance weighted new business premiums fell 16.7% year-on-year (YoY) to S$2.2b, according to the Life Insurance Association (LIA) of Singapore. This was mainly dragged by the decrease in single-premium policies of 52% for weighted premiums.

Posted on 11/08/2023

Singapore Presidential Election 2023 to be held on 1 Sep if more than 1 candidate stands nominated

Elections Department Singapore has announced details on the upcoming Presidential Election 2023, relevant for employers and HR teams to keep track as 1 September 2023 (Friday) has been set aside as Polling Day.

Posted on 11/08/2023

Monster Hunter Now is available in Singapore

Get ready, hunters! Monster Hunter Now, a mobile game from Niantic and Capcom that brings the fantasy of hunting monsters in the real world to life, will launch globally on September 14.

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