OCBC shares have rallied nearly 5% since reporting its financial results for the second quarter (Q2) of 2022. The bank saw group net profit rise 28% year-on-year (YoY) to S$1.48 billion in Q2 2022. ( read original story ...)
Live news updates: Singapore PM Lee warns on risk to Asia of ‘worsening’ US-China relations
Axios, the digital news company best known for delivering political and business scoops in succinct bullet points, has agreed to sell itself to Cox Enterprises for $525mn, the latest start-up to be ... ( read original story ...)
The Padang becomes Singapore’s 75th national monument
The iconic site is the first green, open space to be preserved and accorded the highest level of protection in Singapore under the Preservation of Monuments. ( read original story ...)
Singapore PM Lee Hsien Loong urges unity as region faces less ‘peaceful and stable’ climate
In his annual address, Lee urged Singaporeans to stay united to better tackle global challenges and stressed the importance of a strong military. ( read original story ...)
Singapore: Retail Sales seen expanding 9.0% in 2022 – UOB
Alvin Liew, Senior Economist at UOB Group, comments on the release of Retail Sales figures in Singapore. Key Takeaways “Singapore’s retail sales declined by -1.4% m/m, followi ... ( read original story ...)
Singapore Crypto Platform Hodlnaut Suspends Withdrawals
The platform, whose LinkedIn page claims $500 million in assets under management, is the latest in a lengthening line of crypto asset managers to have been caught out by the sharp drop in Bitcoin and ... ( read original story ...)
Property buyers, developers buoyed by en-bloc sales face risks from possible recession, rising interest rates: Analysts
With the en bloc market stirring in Singapore, the stakes have risen for both developers and property owners looking to jump onto the collective sale bandwagon, given the current climate of rising ... ( read original story ...)
Singapore’s PM warns of risk of US-China miscalculation
US-China relations are worsening, with intractable issues, deep suspicions, and limited engagement,” Lee said. “This is unlikely to improve anytime soon. Furthermore, miscalculations or mishaps can ... ( read original story ...)
‘A storm is gathering around us,’ says Singapore’s PM Lee amid US-China tensions
Lee also pointed out that Russia’s invasion of Ukraine, which began on 24 February, has had profound implications for Singapore. Here's what he said. ( read original story ...)
Singapore’s safe haven status amplified as geopolitical risks rise
IN a post-pandemic world that is seeing increasing geopolitical tensions and uncertainties, Singapore has solidified its status as a safe harbour for wealthy investors navigating turbulent seas. Read ... ( read original story ...)
Singapore-based crypto lender Hodlnaut suspends withdrawals
Hodlnaut, a Singapore-based crypto currency lender and borrower has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry. ( read original story ...)
Singapore PM Warns of Worsening Geopolitical Climate in National Address
Singapore Prime Minister Lee Hsien Loong on Monday warned of the scope for miscalculations over tensions in the Taiwan Strait, which he said were unlikely to ease soon amid deep suspicion and limited ... ( read original story ...)
Singapore PM Warns Inflation, Interest Rates Could Remain High
With inflation and interest rates set to stay high, Singapore is prepared to increase support measures to help deal with the increased cost of living, Prime Minister Lee Hsien Loong said. ( read original story ...)
Singapore to gazette Padang as a national monument on National Day
The Padang - a site of countless historic events in Singapore's history - will officially be gazetted as the nation's 75th national monument on Tuesday (Aug 9), the 57th anniversary of the Republic's ... ( read original story ...)
‘Storm is gathering’ – Singapore PM warns of risk of U.S.-China miscalculation
SINGAPORE — Singapore Prime Minister Lee Hsien Loong on Monday warned of the scope for miscalculations over tensions in the Taiwan Strait, which he said were unlikely to ease soon amid deep ... ( read original story ...)
LIVE: PM Lee delivers Singapore’s National Day Message 2022 (TRANSCRIPT)
It will also be uploaded on the Prime Minister's Office Singapore's website and its YouTube channel following the broadcast. Deputy Prime Minister and Minister for Finance Lawrence Wong's message in ... ( read original story ...)