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Posted on 21/07/2023

Singapore shares end week slightly higher, STI up 0.1%

Robust corporate earnings and encouraging economic data from global markets spurred local investors to nudge the bourse here into the black on Friday, although it was a close call. Read more at straitstimes.

Posted on 21/07/2023

Singapore-based regional maritime agency lauds Indian Coast Guard Marine Police for curbing robberies against ships

Efforts by the Indian Coast Guard and Marine Police to check onshore vendors, warning them not to buy items stolen from ships, have resulted in a drastic drop in high seas robberies against vessels in the Indian waters,

Posted on 21/07/2023

UOB Kay Hian moderates STI target to 3,240 but Singapore market ‘still the place to be’

The brokerage’s key focus for stocks in 2H2023 include counters such as Capitaland Investment, Genting Singapore and Keppel Corp.

Posted on 21/07/2023

What crypto consumer protection rules are there in the world?

A framework that lays out how regulators around the world can supervise the often-haphazard cryptocurrency sector has been released. Read more at straitstimes.com.

Posted on 21/07/2023

Singapore SMEs contract in Q2 as firms that rely on exports falter: OCBC index

Firms exposed to the global economy suffered, including transport, logistics and wholesale trade. Read more at straitstimes.com.

Posted on 21/07/2023

Sip, Savor, and Soak in the Sky: 18 Rooftop Restaurants in Singapore You Should Try!

Elevate your dining experience at these 18 stunning rooftop restaurants in Singapore! From breathtaking views to delectable cuisines, it's a sundowner paradise! ??

Posted on 21/07/2023

CGS-CIMB keeps ‘hold’ on DBS with ‘likely positive’ NIM guidance but negative loan growths for 2QFY2023

CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee are expecting a resilient showing of DBS Group Holdings’ 2QFY2023 earnings, on account of stable net interest margins (NIM), recovering ...

Posted on 21/07/2023

Seek opportunities in Singapore’s defensive sectors: RHB

Jaiswal notes that among the Asean countries that RHB covers, Singapore has the weakest forecast for GDP growth. The possibility is high that the worsening GDP growth projection will also result in ...

Posted on 21/07/2023

Singapore banks face tepid loan growth; interest margins to peak in 2023

“The Singapore government is highly supportive of the banking system. We believe it will provide timely financial support to ensure the stability of the financial system, if needed. This in turn ...

Posted on 21/07/2023

Foreigners buying property: Approval required for ‘Commercial & Residential’ zone

The government has announced changes to the Residential Property Act, which will affect foreigners buying property. What are the changes? ( read original story ...)

Posted on 21/07/2023

Winning Secrets: UOB Thailand’s head office embodies a high-performance culture

Featuring a four-zone workplace, UOB Plaza Bangkok encourages closer collaboration, enables greater mobility, and promotes employee wellbeing, Sasiwimol Arayawattanapong, Head of HR, shares.

Posted on 21/07/2023

Singapore has the busyness of a big city but less stressful than others

“I like pretty much everything about living here – the food, the lifestyle and ease of travel throughout Asia. It has the busyness of a big city that I like because I get bored easily, but Singapore ...

Posted on 21/07/2023

Little Movement Anticipated For Singapore Shares

The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of ...

Posted on 21/07/2023

Investors are worried the U.S. is losing its crypto edge as regulators crack down. Here’s why those fears may be overblown.

Investors are worried that as Washington dilly dallies around crypto, the U.S. is losing its competitive edge to the rest of the world.

Posted on 21/07/2023

Singapore SMEs contract in Q2 as externally facing firms falter: OCBC index

SINGAPORE - Smaller firms that rely on export markets took a hit in the second quarter, while those that deal more with domestic consumers fared better, a new report noted. Read more at ...

Posted on 21/07/2023

Two Men arrested in Malaysia and extradited to Singapore for stolen ring worth S$132,000

Two Men Arrested for Stealing Diamond Ring Worth S$132,000 from Lucky Plaza Pawnshop on Sunday (16 Jul). After a swift investigation, the suspects were apprehended in Malaysia and extradited to ...

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