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Posted on 28/07/2023

A slew of scandals puts Singapore’s government on the back foot

The government cites the Tan saga as further evidence that it keeps an eye out for wrongdoing and then acts on its findings. There is a Singaporean phrase for it: “Ownself check ownself”, a form of self-monitoring that has been raised almost to dogma by the PAP leadership.

Posted on 28/07/2023

Singapore’s K. Shanmugam, Vivian Balakrishnan demand apology from Lee Hsien Yang for ‘defaming’ them over rental saga

PM Lee's brother, currently in self-exile overseas, had made comments on Facebook about a saga surrounding the rental of colonia-era bungalows by the ministers Shanmugam and Balakrishnan had undergone separate anti-graft probes,

Posted on 27/07/2023

Siltronic Sees Drop in Sales This Year of up to 19%, Raises Investment

(Reuters) - German silicon wafer group Siltronic expects sales to fall up to 19% this year due to weak demand from the semiconductor industry but plans to invest in expansion to prepare for a recovery ...

Posted on 27/07/2023

UOB’s second-quarter profit up 27% to $1.4 billion; dividend of 85 cents declared

UOB’s earnings were in line with the forecast made by analysts in a Refinitiv poll. Read more at straitstimes.com.

Posted on 27/07/2023

Singapore Ministers Demand Damages From Prime Minister’s Brother

Singapore’s ministers of law and foreign affairs have sent lawyers’ letters to the prime minister’s estranged brother, Lee Hsien Yang, demanding an apology and damages for defamation, according to Facebook posts by the ministers.

Posted on 27/07/2023

‘No regrets’: Singapore lecturer sells house to raise $150k to finance 6 students’ university fees

This Singaporean lecturer has certainly gone big by selling his retirement home to raise $150,000 so he could send six students to study in Australia. Frankie Yee, 56, first met the six international ...

Posted on 27/07/2023

Weaker yen, Osaka casino bet spark Singapore property investors’ rush to Japan

Agents said buyers are snapping up residential units and tourist accommodation in Osaka, where a casino resort is expected to open in 2029. ( read original story ...)

Posted on 27/07/2023

Best credit card promotions in Singapore (July to August 2023): Citibank, DBS, HSBC, UOB and more

When it comes to credit card promotions these days, we're spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple ...

Posted on 27/07/2023

Singapore’s Keppel logs over seven-fold jump in first-half profit

Singapore's Keppel Corp on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine unit and strong performance from ...

Posted on 27/07/2023

Singapore: Positive surprise from Industrial Production – UOB

Singapore’s Jun industrial production (IP ... the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received ...

Posted on 27/07/2023

Singapore set to execute first woman in nearly 20 years, rights groups say

The announcement of the scheduled Friday execution of a woman comes as human rights groups say Singapore is out of step with the global trend of more countries moving away from capital punishment.

Posted on 27/07/2023

Singapore operators plan 3G shutdown in 2024

All three operators’ current 3G licences expire in 2033. Data from GSMA Intelligence showed Singtel had 221,000 3G connections at end Q2, StarHub 183,000 and M1 134,000. In a jo ...

Posted on 27/07/2023

Singapore to execute woman over drug trafficking first time in 20 yrs

Singapore has sentenced a 45-year-old woman to death having been found guilty of drug trafficking 30g heroin in 2018.

Posted on 27/07/2023

50% of young people in Singapore are actively investing: AIA survey

However, young respondents fall short in other areas of investment and financial management, according to the AIA survey. What are they?

Posted on 27/07/2023

ASEAN’s Fintech Sector Attracts US$5.7Billion; Singapore Leads

"In the surge of a $5.7 billion investment wave, Singapore cements its role as the crucial gateway in the ASEAN Fintech landscape.

Posted on 27/07/2023

Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike

UOB posted a 35% jump to 1.5 billion Singapore dollars in its core net profit in the second quarter from a year ago.

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