Singapore’s Prime Minister, Lee Hsien Loong, expressed optimism about the possibility of de-escalating U.S.-China tensions, particularly over Taiwan, ahead of a much-anticipated meeting between U.S. President Joe Biden and Chinese President Xi Jinping.
Singapore’s real estate boom set to end, says Morgan Stanley
Home prices are expected to fall 3% in 2024, and the downward trend may continue for two more years. Morgan Stanley downgraded both Singapore’s key property developer stocks City Developments and UOL Group to underweight. (Reuters pic) SINGAPORE ...
Ex-Blackstone credit veteran targets Singapore mortgage market
The firm has US$10 million in seed money from backers including New Enterprise Associates, Openspace Ventures and Singapore Economic Development Board Investment. The digital platform will source ... ( read original story ...)
More Singaporeans manage debt better but retirement plans on backburner: OCBC survey
The OCBC Financial Wellness Index shows Singaporeans managing debt better but delaying planning for retirement. Find out why.
Fewer Singaporeans able to spend beyond basics, OCBC survey finds
Fewer Singaporeans are able to comfortably spend on things beyond the basics, and more do not have sufficient emergency funds or enough savings to meet their families' needs over the next year, a ...
S’pore to import low-carbon electricity from Vietnam to help meet renewable imports target
SINGAPORE – From 2033, Singapore will import 1.2 gigawatts (GW) of low-carbon electricity – primarily generated by wind power – from Vietnam, which will help fulfil the Republic’s target ...
Woman deported, banned from Singapore after jail term from hospital argument
A Chinese national who gained attention for videos of her confrontation with the police has been deported from and permanently banned from working in Singapore.
Singapore Shares May Halt Slide On Thursday
(RTTNews) - The Singapore stock market has finished lower in back-to-back sessions, slumping more than 50 points or 1.6 percent along the way. The Straits Times Index now sits just beneath the ...
Singapore stocks open stronger on Thursday; STI up 0.2%
SINGAPORE stocks edged up on Thursday (Nov 9 ... DBS was trading up 0.4 per cent or S$0.12 at S$33.45. UOB was up 0.6 per cent or S$0.16 to S$27.55, and OCBC rose 0.2 per cent or S$0.02 to S$13.08. US ...
CapitaLand Investment 9-month revenue drops 3% on weaker real estate business
SINGAPORE - Real estate investment manager CapitaLand Investment ... The dip in revenue was due to an 8 per cent decline in revenue of its real estate business to $1.4 billion. This was partially ...
Tiger Brokers (Singapore) Takes Home “Best Retail Broker” Title at SIAS Investors’ Choice Awards 2023
Client assets are also held and kept in ringfenced custody accounts and held in trust by an appointed trustee, separated from Tiger Brokers (Singapore)'s own business capital. The firm also strictly ...
Owner listings outperform mortgage listings in Singapore for tenth consecutive quarter
According to Knight Frank, this is the tenth consecutive quarter when owner sale listings surpassed mortgagee sale listings (29), with the exception of Q1 2022. Here’s more from Knight Frank: However ... ( read original story ...)
SG commercial property investment volume cut by more than half in 3Q
Singapore was amongst the markets in Asia Pacific (APAC) with the lowest commercial property investment volume recorded in 3Q23, data from MSCI Real Assets showed. According to the report, deal ... ( read original story ...)
4 investment opportunities stemming from Singapore’s ageing population
Singapore’s ageing population creates investment opportunities in the fields of healthcare, senior care, cosmetics, travel, leisure, and long-term financial planning, according to RHB. The silver ...
Two Singapore banks were unable to process transactions because of an overheating data center
On October 14, DBS and Citibank suffered an IT outage that affected millions of payment transactions in Singapore. Banking apps were down, servers could not be reached, and the two banks' customers ...
Singapore retains its crown as Asia’s most talent-competitive country
Globally, Singapore ranked second in talent competitiveness. Singapore is still the most talent-competitive country in Asia, according to Insead’s Global Talent Competitiveness Index 2023. Globally, ...