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Posted on 13/11/2023

Three indicators to identify stress in the banking system, and what they show now

THE banking sector has been grappling with slowing loan growth, rising interest rates and greater macroeconomic uncertainty. Read more at The Business Times.

Posted on 13/11/2023

Small man with big heart, former Singapore basketballer Chong Yew Seng dies aged 62

Chong had been diagnosed with advanced peritoneal mesothelioma, a form of cancer affecting the lining of the abdomen, in September. Read more at straitstimes.com.

Posted on 13/11/2023

Fake ‘WhatsApp Web’ pages scam 267 in Singapore of RM2mil this month

At least 237 people have fallen for a phishing scam involving fake ‘WhatsApp Web’ pages since November, with total losses amounting to S$606,000 (RM2mil), the police said in a statement on Monday (Nov ...

Posted on 13/11/2023

Singapore rolls out first EV chargers at HDB carpark

For the first time, charging points for electric vehicles (EVs) have been installed at a surface-level Housing Board carpark.

Posted on 13/11/2023

Diwali in Singapore: President Tharman hosts his first Deepavali open house at The Istana

Indian-origin Singapore President Tharman Shanmugaratnam, who was elected recently with a landslide margin of votes, hosted thousands of people at his first Deepavali (aka Diwali) open house at The ...

Posted on 13/11/2023

Self-care for caregivers is vital, say Singapore fiancé of woman with depression and a psychiatrist – who offers tips on avoiding carer burnout

Depression is not contagious, but can affect you if you look after someone with the condition, a psychiatrist says. A Singapore lawyer with depression, and her fiancé, stress the need for self-care.

Posted on 13/11/2023

3 arrested in Singapore over suspected links to multi-million dollar ‘refund fraud’ scheme in the US

SINGAPORE: Three men have been arrested in Singapore in relation to a “refund fraud” scheme that caused large online retailers in the US to suffer millions of dollars in losses.  The men are aged ...

Posted on 13/11/2023

Fall in COE prices: Singapore car showrooms busier, but some customers take wait-and-see approach

At the Hyundai car showroom at Leng Kee Road on Sunday afternoon, several families — some with kids in tow — were checking out each car on display ...

Posted on 13/11/2023

Singapore vows to implement Crypto Asset Reporting Framework

It mulls to transpose CARF into domestic law by 2027. Singapore and 47 other jurisdictions vowed to begin automatic exchanges in crypto-asset reporting based on the internationally agreed Crypto-Asset ...

Posted on 13/11/2023

Singapore’s life insurance industry dips 9.7% in 9M23

The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums. Amid global economic uncertainty, sustained inflation, and geopolitical tensions, Singapore's life ...

Posted on 13/11/2023

At Tanglin Halt for decades, some stallholders, shop tenants trudge on despite slow business

Despite sluggish sales, some stallholders have chosen to stay for nostalgia's sake. Read more at straitstimes.com.

Posted on 13/11/2023

Singapore emerges as 6th highest-paying city for marketers

Globally, Singapore ranks sixth, offering an average annual marketing salary of  $116,890.10 (£70,223.04).   Meanwhile, the average annual disposable income of markets in Singapore is $45,300.63 (£27, ...

Posted on 13/11/2023

Genting Singapore’s net profit jumps 59% YoY to $216.3m in 3Q23

Genting Singapore recorded a net profit of $216.3m in 3Q23, a 59% jump from 3Q22. In the same period, the company saw a 33% YoY growth in its revenue to reach $689.9m. Meanwhile, the company announced ...

Posted on 13/11/2023

Singapore enters new phase of energy transition with latest EMA standards for coming power plants: HSBC

EMA released on Oct 26 new emission performance standards for new and repowered fossil fuel-fired power plants.

Posted on 13/11/2023

‘The investment we make will pay off’: 3 Singaporean leaders explain why they’re prioritising mental health

THE way we work was fundamentally changed by the Covid-19 pandemic; for many, that process was stressful and difficult to navigate. The Business Times (BT) spoke to three corporate leaders in ...

Posted on 13/11/2023

BT Mark to Market: How to fix Singapore’s stock market (Ep 37)

Find out more about subscription packages here. The Singapore market’s poor performance and lack of exciting new listings are multifaceted problems that require simultaneous action on different fronts ...

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