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Posted on 26/10/2023

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.

Posted on 26/10/2023

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 ...

Posted on 26/10/2023

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 ...

Posted on 26/10/2023

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 ...

Posted on 26/10/2023

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.

Posted on 26/10/2023

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 ...

Posted on 26/10/2023

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 ...

Posted on 26/10/2023

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.

Posted on 26/10/2023

Crypto Across Borders: A Look at International Regulatory Strategies

The word "Crypto" originates from the Greek word "kruptós" meaning hidden or secret. Cryptocurrency is a form of digital currency that exists in a digital ...

Posted on 26/10/2023

Singapore to lift melamine import conditions for Chinese milk

Singapore is to remove melamine-related measures for the import of milk products from China. Requirements were established following the 2008 milk ...

Posted on 26/10/2023

Singapore Remittance Market to Reach $13.34 billion by Volume, by 2032 at 5.2% CAGR: Allied Market Research

“Singapore Remittance Market Type (Inward Remittance and Outward Remittance), Channel (Banks, Money Transfer Operators, and Others), Application (Consumption, Savings, and Investment), Mode ...

Posted on 26/10/2023

Singapore’s factory output decline narrows to 2.1% as electronics production picks up

SINGAPORE’S manufacturing output slid 2.1 per cent on year in September, slowing from August’s 11.6 per cent decline as electronics output climbed, data from the Singapore Economic Development Board ...

Posted on 26/10/2023

Singapore retrenchments rise in Q3, unemployment on a ‘slow uptrend’

A total of 4,100 people were retrenched in the third quarter of 2023, as compared to 3,200 in the previous quarter, says the Manpower Ministry (MOM).

Posted on 26/10/2023

Retrenchments in Singapore rose to 4,100 in 3Q2023 with majority from wholesale trade sector: MOM

The proportion of firms which indicated an intention to hire in the next three months fell to 42.8% from 58.2%.

Posted on 26/10/2023

Singapore retrenchments hit 4,100 in Q3, highest since Q4 2020

THE number of retrenchments in Singapore rebounded in the third quarter, even as the labour market expanded for eight consecutive quarters, early data from the Ministry of Manpower (MOM) showed on ...

Posted on 26/10/2023

Why building digital trust should be a business priority

Here's how TrustTech -- an emerging category of technology designed to foster trust, security, and safety online -- can help.

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