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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 ...

Posted on 21/07/2023

Singapore Says Premier Did Not Hide Information on Minister’s Arrest

Singapore has issued a correction order to a blog over the timeline of events surrounding the arrest of a transport minister involved in a graft probe, denying that key politicians concealed information.

Posted on 21/07/2023

Singapore’s Temasek to invest US$3 million-$5 million a year in India, report says

Singapore state investment company Temasek Holdings is looking to invest US$3 million to $5 million a year in India, Ravi Lambah, head of Temasek India, says in an interview with Bloomberg.

Posted on 21/07/2023

Singapore is the world leader in selling cultivated meat

A country half the size of London, which makes only 1% of its land available for food production, Singapore imports over 90% of its food. To protect itself from a volatile food supply chain, ...

Posted on 21/07/2023

Marvell founders launch $2 billion chips foundry in Singapore

Singapore-based Silicon Box opened a $2 billion advanced semiconductor manufacturing foundry in the city-state on Thursday, as it seeks to broaden adoption of "chiplet" technology.

Posted on 21/07/2023

Top Blockchain Dev Companies in Singapore: Shaping the Future of Digital Ecosystems

Singapore, known for its vibrant tech scene and forward-thinking approach, has emerged as a global hub for blockchain development. The city-state’s strategic location, robust infrastructure, and ...

Posted on 20/07/2023

Former CIO of GIC Ng Kok Song announces bid to run for Singapore presidency

Ng Kok Song, the former chief investment officer of Singapore asset management company GIC, has announced his bid to run for presidency on Wednesday (19 July). CNA reported that the 75-year-old ...

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