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Posted on 06/09/2023

Green Finance: 2 newly launched Hong Kong-based registries to boost carbon credits trade in Asia, founders say

Two Hong Kong-based and Asia-focused carbon registries launched recently will help to lower barriers for the trading of credits claimed by projects aimed at reducing greenhouse gas emissions in the ...

Posted on 06/09/2023

Economists Cut Singapore 2023 Growth Forecast, MAS Survey Shows

SINGAPORE--Experts surveyed by Singapore's central bank again ... They cut growth forecasts for the finance and insurance sector to 0.7% from 1.3%, and for the construction sector to 6.8% from 7.0%.

Posted on 06/09/2023

Accused Money Launderer Funded Singapore Luxury Condominiums

A Turkish national arrested in Singapore’s S$1.8 billion ($1.3 billion) money laundering case had financed the purchase of 11 luxury condominium units in upscale neighborhoods of the city-state, ...

Posted on 06/09/2023

Singapore’s wealth boom hits most sensitive phase

Singapore’s wealth boom may be set for a pause. A ballooning $1.3 billion money laundering scandal and the ongoing economic troubles in China may be unrelated developments but they point to a slowing ...

Posted on 06/09/2023

Mooncake scam in Singapore swindles 27 victims, results in $325,000 losses in a month

SINGAPORE — At least 27 victims have fallen prey to a recent scam involving mooncake sales on social media platforms, resulting in losses totalling around $325,000 since August, said the police on ...

Posted on 06/09/2023

Singapore goes public on upgraded F-16s’ Python 5 missile capabilities

The Republic of Singapore Air Force (RSAF) has publicly confirmed that its upgraded Lockheed Martin F-16 C/D/D+ fighter aircraft are now armed with the Python 5 air-to-air missile. This confirmation ...

Posted on 06/09/2023

Singapore economy now projected to grow by just 1.0% in 2023: MAS survey

The latest estimate stands lower than the previous forecast of 1.4% in the previous survey earlier this year in June. ( read original story ...)

Posted on 06/09/2023

Economists Cut Singapore 2023 Growth and Inflation Forecasts – Survey

SINGAPORE (Reuters) - Economists have downgraded Singapore's 2023 growth forecasts and inflation expectations, according to a survey by the country's central bank published on Wednesday, with ... ( read original story ...)

Posted on 06/09/2023

UPDATE 1-Singapore’s DBS raises $1.5 bln in two US dlr bond tranches -term sheet

Singapore's DBS Group has raised $1.5 bln in two U.S. dollar bond tranches, according to a term sheet reviewed by Reuters. The bank issued a two-year fixed rate bond that raised $750 million and a two ...

Posted on 06/09/2023

India importing Russian oil is a ‘win-win’ for the world economy, says India’s No. 1 oil company

India's imports of Russian crude is a win-win for the global economy, said Oil and Natural Gas Corporation Ltd (ONGC), India's No. 1 oil company.

Posted on 06/09/2023

From fine wine to fresh produce and groceries: Celebrates 10 years of affordable French food in Singapore.

Whether you're a bargain hunter or a French food enthusiast, find your way to the best online grocery platform in Singapore. SINGAPORE, Sept. 6, 2023 /PRNewswire/ -- Le Petit Depot celebrates its 10th ...

Posted on 06/09/2023

Singapore tax collection up 13.1% to S$68.6 billion in FY22/23, reflecting post-Covid recovery

SINGAPORE’S tax revenue for financial year (FY ... Senior Employment Credit and Small Business Recovery Grant. Iras also noted that it rolled out several initiatives in the past year to make tax ...

Posted on 06/09/2023

Property agent warns against renting your HDB flat out to “wrong tenants” and he shows you why

SINGAPORE: “Don’t be too eager to rent out your place to the wrong tenants,” a property agent warned in a recent TikTok video, showing how badly things can go wrong quickly. Mr Benedict Lim asked in ... ( read original story ...)

Posted on 06/09/2023

Singapore shares rise at Wednesday’s open; STI up 0.5%

SINGAPORE stocks were pulled into positive territory on Wednesday (Sep 6), bucking a global selloff on Wall Street and Europe amid cautious investor trading. Read more at The Business Times.

Posted on 06/09/2023

Crypto millionaires migrating to protect interests, Singapore tops list

In terms of the tax-friendliness parameter, which assesses a country's approach to taxing cryptocurrency-related activities, Singapore and the UAE score a flawless 10 out of 10

Posted on 06/09/2023

GASTECH-Natural gas market better supplied this winter, Chevron exec says

SINGAPORE, Sept 5 (Reuters) - The natural gas market is better supplied heading into this winter compared with last year amid fairly high stock levels, Colin Parfitt, Chevron's president of midstream, ...

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