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Posted on 03/04/2024

Singapore’s Feb exports down 0.1% y/y, below forecast

SINGAPORE: Singapore’s non-oil domestic exports fell unexpectedly by 0.1% in February from the same month a year earlier, slowing during the Lunar New Year period, official data showed on Monday. Last ...

Posted on 03/04/2024

Singapore shares dip at Wednesday’s open—STI dropped by 0.7%

SINGAPORE: Singapore shares dipped at Wednesday’s open, mirroring overnight declines on Wall Street. The decline... The post Singapore shares dip at Wednesday’s open—STI dropped by 0.7% appeared first ...

Posted on 03/04/2024

‘Preferential’ rates for local firms to defray sustainability-related costs under new DBS, Enterprise Singapore scheme

Singaporean businesses with annual sales turnover of up to $1 billion can look forward to “preferential” financing rates from DBS to defray costs from developing and adopting sustainable business ...

Posted on 03/04/2024

Singapore’s economic losses due to heat stress could nearly double to over $1.5 billion in 2035

Fall in productivity is expected to rise to 14% in 2035, leading to an economic loss of S$2.22 billion ($1.64 billion), after adjusting for inflation.

Posted on 03/04/2024

Pope Francis expected to visit Singapore in September

SINGAPORE: Singapore is in talks with the Vatican about a proposed visit by Pope Francis, which is expected to happen in September.

Posted on 03/04/2024

Singapore Urges Women to Pursue Tech Careers to Narrow Pay Gap

Singapore is encouraging more women to pursue jobs in science, technology and engineering to help bridge the gender pay gap.

Posted on 03/04/2024

Ex-property agent gets death for trafficking cannabis; judge rejects defence that drug was for research

Seet Poh Jing argued that the cannabis in his possession was for research, as he was considering business ventures, including a cafe selling cannabis, in Singapore. ( read original story ...)

Posted on 03/04/2024

Property analysts expect S$1m HDB resale transactions soon in last 4 towns yet to record such sales

Only four towns out of Singapore's 24 Housing and Development Board (HDB) towns and three estates have yet to record a resale transaction crossing S$1 million, but this could change soon, property ... ( read original story ...)

Posted on 03/04/2024

Singapore launches platform to tackle money laundering

The Monetary Authority of Singapore (MAS) has launched a centralised digital platform that lets financial institutions share customer information in order to tackle money laundering and terrorism ...

Posted on 03/04/2024

Swiss banker gets no prison in ‘Singapore Solution’ tax scam

He took part in a scheme to help wealthy US clients hide more than US$60 million in assets. Read more at straitstimes.com.

Posted on 03/04/2024

Public companies are Isetan (Singapore) Limited’s (SGX:I15) biggest owners and were rewarded after market cap rose by S$172m last week

Key Insights The considerable ownership by public companies in Isetan (Singapore) indicates that they collectively ...

Posted on 03/04/2024

Singapore shares fall at Wednesday’s open; STI down 0.7%

SINGAPORE stocks opened weaker on Wednesday (Apr 3) following overnight losses on Wall Street, as Tesla and healthcare stocks weighed on ...

Posted on 03/04/2024

Singapore jails man for trying to pay off dancing-girl debts by forging mum’s signature, selling her Rolls-Royce

Liu Kuei Liang, 33, accumulated debts at ‘diao hua’ clubs, where punters tip female dancers by buying them sashes and garlands of flowers, court records showed.

Posted on 03/04/2024

Why Bank Deposits’ Base Interest Of 0.05% In Singapore No Longer Makes Sense (But May Still Be Useful For Singaporeans)

Banks offer a low base interest rate on basic savings accounts due to the simple nature of providing a basic banking account service.

Posted on 03/04/2024

Singapore’s vaping ban falls short amid global youth tobacco crisis

Vaping offenses in Singapore increased nearly 60% between 2022 and 2023, according to the country’s Ministry of Health, despite a widespread ban — showing the uphill battle lawmakers face globally in ...

Posted on 03/04/2024

GXS Bank planning for investment product even as Grab discontinues such offerings

SINGAPORE – An investment product is on the cards for Grab and Singtel’s digital lender GXS, even as tech giant Grab recently discontinued such services here. GXS retail head Jenn Ong told The Straits ... ( read original story ...)

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