Total factory output declined by 2.5 per cent year on year in December, a reversal from November’s revised zero growth, according to data released by the Economic Development Board (EDB) on Jan 26.
Singapore’s manufacturing output eased 2.5% in Dec 2023
SINGAPORE: Singapore’s manufacturing output decreased 2.5 per cent in December 2023 on a year-on-year (y-o-y) basis, according to the republic’s Economic Development Board (EDB) today.
Singapore venture financier InnoVen eyes China’s technology start-ups after US$130 million fundraising
Singapore’s InnoVen Capital Group completes a US$130 million first close for its second China fund, as it eyes financing China’s fund-starved start-ups.
3 Chinese workers sue Singapore remittance firm for US$48,000 after mainland police freeze money
Samlit Moneychanger said it cannot be responsible for what happens after cash reaches designated accounts in China. ( read original story ...)
NTUC Income, DBS PayLah! are most favourably perceived insurance and payment brands in Singapore: New ranking
SINGAPORE – NTUC Income and DBS PayLah! have taken the lead in YouGov's annual BrandIndex – a syndicated brand tracker which continuously collects data on thousands of brands around the globe every ...
South African jailed after being caught at Changi Airport in Singapore’s largest seizure of rhino horns
The judge declined to run the sentences consecutively for the two types of rhinos, saying the case was different from Xavier Yap Jung Houn, where the sentences for the deaths of two sons ran ...
AbbVie Expands Biologics Manufacturing Capacity with a $223 Million Investment in Singapore Manufacturing Site
US$223 million expansion will add biologics capacity to AbbVie manufacturing network Singapore manufacturing site to grow to more than 500 employees following expansion Construction will commence ...
Singapore Shares Expected To Remain Rangebound On Friday
The Singapore stock market turned lower again on Thursday, one day after ending the two-day losing streak in which it had slipped ...
Singapore stocks track global rally on Friday; STI up 0.1%
SINGAPORE stocks began trading stronger on Friday (Jan 26), following overnight gains on global markets. Read more at The Business Times. ( read original story ...)
Investment Opportunities V exits PNB Housing; sells entire stake for Rs 2,106 cr
Singapore-based investor Investment Opportunities V Pte on Thursday sold its entire 9.88 per cent stake in PNB Housing Finance for Rs 2,106 crore through an open market transaction. According to the ...
Singapore set to hold monetary policy next week as price pressures persist
All 19 economists surveyed by Bloomberg expect MAS to maintain its overall policy settings on Jan 29. Read more at straitstimes.com.
After disgraced crypto entrepreneur’s ‘enjoyable’ Singapore prison experience, focus turns to exchange in Hong Kong
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...
South African pleads guilty to largest rhino horn seizure in Singapore’s history, with total worth of S$1.2m
A South African man has pleaded guilty to smuggling 20 rhinoceros horns valued at about S$1.2 million - the largest seizure of its kind in Singapore. Read on.
Singapore Set to Hold Monetary Policy as Price Pressures Persist
Singapore’s central bank will likely keep its tight monetary policy settings for a third straight review while retaining its sharp focus on still-elevated inflation.
2 teens among 4 people arrested in islandwide anti-scam enforcement operation
The operation was conducted by officers from the Commercial Affairs Department between Jan 22 and 24. Read more at straitstimes.com.
Crypto, Securities Laws, and Judge Rakoff’s SEC v. Terraform Labs Decision: A Split Among Judges of the SDNY?
Judge Rakoff held that there was “no genuine dispute” that the issuances of four (4) crypto assets created by Terraform Labs Pte. Ltd. (“Terraform Labs”), a Singapore-based company, constituted ...