SINGAPORE – Singapore’s manufacturing performance in September is fuelling hopes of a turnaround after a year-long slump as electronics, and especially semiconductor, demand recovered. Total factory ...
Singapore’s factory activity sees positive growth after six months
Singapore’s factory activity grew for the first time in six months, signalling that the slump in manufacturing may have bottomed out, even as the electronics industry continued to show contraction, ...
Mourant Set To Launch In Singapore with Funds Partner Hire from Maples
“We will also be looking for banking and finance mandates, as well as corporate work generally, so it is a mirror image of what we are already doing in Hong Kong,’ he added. Luton will be in charge of ...
Daily Cuts – Behind rising retrenchment in Singapore
Singapore Today's Lance Alexander and Hui Wong speak with Alvin Liew, Senior Economist, UOB, about why retrenchments here rose in September. Chief Executive John Lee’s second policy address focused on ... ( read original story ...)
Banks and telcos to be held jointly responsible for phishing scams in Singapore
The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) today published a joint consultation paper proposing a Shared Responsibility Framework (SRF) for phishing ...
U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore's United Overseas Bank. But the bank remains optimistic ...
Singapore bank UOB sees stronger 2024 outlook, Q3 net profit trails estimate
SINGAPORE: Singapore's United Overseas Bank (UOB) expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday (Oct 26) a weaker-than-expected 1 per cent ...
UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business Update
The lender expects margins to remain firm with fee income increasing by double-digits for 2024. The post UOB’s Core Net Profit Rises to S$1.48 Billion: 5 Highlights from the Bank’s Latest Business ...
UOB Q3 net profit drops 1% to $1.38 billion after one-off Citi acquisition costs
SINGAPORE - UOB on Thursday posted core net profit of $1.48 billion for the third quarter ended Sept 30, an increase of 5 per cent from the same period last year, in line with Bloomberg forecasts.
Taylor Swift Mania Sparks Record-Breaking Jump in UOB Card Fees
Taylor Swift’s tie-up with the third-largest bank in Singapore propelled the lender’s credit card fees to a record in the third quarter, the latest example of the pop star’s extraordinary economic ...
Beware of phishing e-mails asking taxpayers to view property tax notices via WeTransfer: Iras
SINGAPORE – Do not click on a URL link purportedly from the Inland Revenue Authority of Singapore (Iras) claiming that your property tax notice is ready for viewing via WeTransfer, the government ...
Singapore’s NODX and factory output have been sliding. What does that mean for the economy?
SINGAPORE’S non-oil domestic exports (NODX) and factory output are closely linked metrics that reflect how key parts of the economy are performing. So far this year, this performance has not been ...
Salary Increments and Pay Raises in Singapore – How Much to Expect in 2024 and the Near Future
Will global economic uncertainties affect average salary increments and pay raises in Singapore? Here’s what to expect in 2024 and beyond.
Singapore retrenchments increased in third quarter of 2023: MOM
SINGAPORE — Retrenchments rose to 4,100 in the third quarter ... The top reason for retrenchments for the third quarter of 2023 was business reorganisation or restructuring, which was consistent with ...
Singapore factory output narrows drop in September as electronics rebounds
SINGAPORE - Singapore’s manufacturing performance in September is fuelling hopes of a turnaround after a year-long slump as electronics, and especially semiconductor, demand rebounded . Total factory ...
Regulation leaves Australia trailing Singapore as investment hub
The Financial Services Council said Australia can rival Singapore as a destination for offshore capital if rules around new fund structures are improved.