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Posted on 07/07/2023

HSBC lowers Vietnamese GDP growth forecast to 5%

Despite Vietnam’s GDP in the second quarter rising by a higher-than-expected pace of 4.1% on-year, HSBC reduced the growth forecast for 2023 to 5.0% from the previous figure of 5.2% due to mounting ...

Posted on 07/07/2023

At least S$480,000 lost in concert ticket scams since January, over 460 in Singapore cheated

SINGAPORE: Scammers preying on concertgoers have cheated more than 400 people of at least S$480,000 (US$355,600) since the start of the year, said the police on Thursday (Jul 6). With a lineup of top ...

Posted on 07/07/2023

Singapore shares open lower on Friday; STI down 0.2%

SINGAPORE shares started trading in negative territory on Friday (Jul 7), mirroring the slump in global markets. Read more at The Business Times.

Posted on 07/07/2023

Why does removal of mid-year exams in Singapore still cause stress?

Find out why some are applauding the removal of mid-year examinations while others raise concerns about evaluation standards and added pressure on students.

Posted on 07/07/2023

Singapore IPO market: Why proceeds fell by 95% in 1H23

IPOs in 1H23 raised $28m. Proceeds raised through initial public offerings (IPOs) in Singapore nosedived in the first half of 2023, falling 95% YoY to $28m. Data from Deloitte showed that Singapore ...

Posted on 07/07/2023

Guide To Senior Citizen Discounts And Benefits In Singapore

Singapore as a country with declining fertility rates and increasing life expectancies, is a nation with a large ageing population. With the end of their money-making years slowly coming to a halt as ...

Posted on 07/07/2023

Commentary: Will fresh supply of private homes ease property prices in Singapore?

Singapore has increased private housing supply to the highest in a decade. While this should reduce home prices, the country's property market sometimes contradicts economic theory, say Tan Tee Khoon ...

Posted on 07/07/2023

Singapore-based company to bring mushroom factory to Houston

Houston is soon to be home to a factory that expects to grow 50 tons of Enoki mushrooms annually, according to the two companies behind it. The new Houston factory is a collaboration between Huayuan ...

Posted on 07/07/2023

Singapore singles desperate to see Taylor Swift are offering themselves as dates to UOB cardholders

A Singaporean bank’s cardholders have exclusive access to presales for Taylor Swift concert tickets, which has prompted some Swiftie bachelors to jokingly search for dates who happen to be cardholders ...

Posted on 07/07/2023

Myanmar’s generals still doing business in Singapore

Responding to MPs’ questions, Foreign Minister Balakrishnan admitted that 91 Singapore entities are supplying various goods to Myanmar’s armed forces despite the 1 February 2021 coup ...

Posted on 07/07/2023

Singapore wants successful sporting culture, not solely medals: Eric Chua

The Government is focused on developing a sport ecosystem that supports athletes to get to peak performance, he added. Read more at straitstimes.com.

Posted on 06/07/2023

Family offices under tax incentive schemes have hired 1,400 S’poreans and PRs

Single family offices (SFOs) that have applied for and received tax incentives under the Section 13O and 13U schemes employed about 1,400 Singaporeans and permanent residents (PRs) as at June 2022.

Posted on 06/07/2023

Exeo Global opens new HQ in Singapore, plans expansion in South-east Asia

A unit of the Japanese Exeo Group officially opened its new global headquarters here on Thursday. Read more at straitstimes.com.

Posted on 06/07/2023

Balancing Security, Trade, and Technology in Asia

America's absence in "mega-regional" trade pacts in Asia is undermining its leadership in the region, while China benefits economically and strategically from its participation in the RCEP.

Posted on 06/07/2023

Singapore stocks extend losses as geopolitics, growth worries weigh; STI down 1.1%

Geopolitical concerns and souring expectations over interest rates helped send local shares south on Thursday. Read more at straitstimes.com.

Posted on 06/07/2023

Human error in coding caused 6.5 hours disruption of DBS banking services in May, said SM Tharman

DBS Bank's 6.5-hour disruption to digital banking and ATM services on 5 May was caused by human error in coding the maintenance program, according to Senior Minister Tharman Shanmugaratnam. The ...

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