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Posted on 27/10/2023

DBS Bank acquires 750,000 units in MLT for $1.51 apiece

DBS Bank acquired 750,000 units in Mapletree Logistics Trust ... See Also: Click here to stay updated with the Latest Business & Investment News in Singapore Maybank lowers Mapletree Logistics Trust’s ...

Posted on 27/10/2023

‘Embrace wider definitions of success’: Forward SG report lays out roadmap for a new Singapore vision

The Forward SG exercise, which was launched in June 2022 to review and refresh the "social compact", found a constant theme across discussions was the evolving Singapore Dream.

Posted on 27/10/2023

UPDATE 4-Neste sees Singapore green jet fuel sales picking up from Q2 2024

HELSINKI, Oct 26 (Reuters) - Finland’s Neste beat third-quarter core earnings forecasts on Thursday and said sustainable aviation fuel (SAF) sales from its new Singapore facility would pick up from ...

Posted on 27/10/2023

$230,000 for a Subaru Forester. Why Singapore is the world’s most expensive place to drive

The fascination extends, of course, to prestige and sports cars their parents can’t afford and which are anything but a rarity in the Asian finance hub. Singapore has introduced Certificates of ...

Posted on 27/10/2023

How many hours do Singapore consumers spend on shopping apps?

Completing the top 10 were eBay, Nike, TikTok Seller, Amazon, and KrisPay Singapore Air. Globally, mobile shoppers are on track to spend more than 50 billion hours in shopping apps on Android phones ...

Posted on 27/10/2023

Daily Markets Briefing: STI declines 0.24%; Genting Singapore is most active stock

Genting Singapore closed trading at 2.34%. The Straits Times Index closed at 3,071.31, up 0.24% on 26 October 2023, Thursday at 5:26 p.m. Also at the top are Yangzijiang Shipbuilding (1.38%) and ...

Posted on 27/10/2023

HSBC appoints Priya Kini as head of Singapore commercial banking

Find out more about subscription packages here. HSBC Singapore has appointed Priya Kini as its head of commercial banking, with the appointment taking effect on Jan 1, 2024. Kini, now the head of ...

Posted on 27/10/2023

Singapore man gets seven years jail for killing pregnant wife, after attempted suicide when accounting error made him think business was doomed

Thinking that the company he was running wasn’t doing well and that his own suicide over it might bring shame to his pregnant wife, David Brian ...

Posted on 27/10/2023

Taylor Swift Mania Sparks Jump in Singapore Bank’s 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 27/10/2023

UOB sees stronger loan and fee growth in 2024; Q3 core net profit up 5%

SINGAPORE – UOB is expecting better loan and fee growth in 2024, saying that while the macroeconomic outlook is uncertain, the Asean region remains a bright spot. Deputy chairman and chief executive ...

Posted on 27/10/2023

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

Find out more about subscription packages here. SINGAPORE’S manufacturing output slid 2.1 per cent on year (yoy) in September, easing from August’s 11.6 per cent decline as electronics output climbed, ...

Posted on 27/10/2023

Singapore factory output narrows drop in September as electronics recovers

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 ...

Posted on 27/10/2023

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, ...

Posted on 26/10/2023

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 ...

Posted on 26/10/2023

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 ...)

Posted on 26/10/2023

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 ...

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