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Posted on 26/06/2023

Singapore to be first South-east Asia market for Volkswagen’s electric vehicles

SINGAPORE is the first market in South-east Asia where German carmaker Volkswagen will launch its electric vehicles (EVs), with eight models to be offered here by 2024. Read more at The Business Times ...

Posted on 26/06/2023

Singapore manufacturing output for May down 10.8%, prompting economist to warn of technical recession

No thanks to a drop in the electronics sector, Singapore's manufacturing output for May dropped by 10.8% y-o-y. On a seasonally adjusted month-on-month basic, output was down 3.9% - signalling how the ...

Posted on 26/06/2023

‘$20k to $30k would be good’: Some people share how much salary they think is needed to live comfortably in Singapore

From reports on high rental rates to expensive cars, we all know that Singapore isn't the cheapest place to live in.But how much should one be earning so they'd have a comfortable life ...

Posted on 26/06/2023

Singapore falls one spot to 4th in the 2023 world competitiveness index, and India ranks 40th

Singapore falls one spot to 4th in the 2023 world competitiveness index, and India ranks 40th - Singapore shed a place in the latest global competitiveness ranking presented by the International ...

Posted on 26/06/2023

Singapore defies global slowdown in commercial real estate while Hong Kong, New York struggle to fill vacant skyscrapers

Some 13 million sq ft of Hong Kong office space sat empty in April, with 15 per cent of the most valuable space still vacant. In Singapore, occupancy in the CBD is nearing 95 per cent, with rents up 2 ...

Posted on 26/06/2023

Singapore GDP could slow to 0.4% in 2023, below official outlook: ICAEW, Oxford Economics

SINGAPORE’S economic growth could slow “significantly” to 0.4 per cent this year, even as it escapes a technical recession, the Institute of Chartered Accountants in England and Wales (ICAEW) said on ...

Posted on 26/06/2023

Singapore’s Skyscrapers Defy Global Commercial Downturn

Singapore’s gleaming office towers are defying a global slowdown in commercial real estate, in a sign of the Asian hub’s continuing appeal.

Posted on 26/06/2023

Asus’ ROG Phone 7 Series is now officially available in Singapore

Phone 7 and ROG Phone 7 Ultimate were officially launched in April and if you have been waiting to get your hands on these impressive pieces of kit, you can finally do so in ...

Posted on 26/06/2023

Singapore manufacturing output for May down 10.8%

No thanks to a drop in the electronics sector, Singapore's manufacturing output for May dropped by 10.8% y-o-y. On a seasonally adjusted month-on-month basic, output was down 3.9% - signalling how the ...

Posted on 26/06/2023

Singapore to receive the Polestar 2 BST edition 230

As the name suggests, only 230 units of the second limited-edition version of the Polestar two will be made - and Singapore will receive some of them.Earlier this year, Polestar announced the Beast ...

Posted on 26/06/2023

Singapore’s factory output falls by steeper-than-expected 10.8% in May

SINGAPORE’S manufacturing output slid 10.8 per cent on year in May, worse than April’s surprise 6.5 per cent fall and the median 7.3 per cent contraction forecast by private-sector economists in a ...

Posted on 26/06/2023

Singapore factory slump deepens as output shrinks 10.8% in May, worse than expected

Excluding biomedical manufacturing, May’s output fell 13. On a seasonally adjusted month-on-month basis, output shrank 3.9 per cent. Excluding biomedical m ...

Posted on 26/06/2023

Sygnum Sees Strong Crypto Demand Boosting New Singapore Brokerage

Sygnum AG is seeing strong demand for crypto transactions from fund houses, family offices and institutions, which is expected to boost revenues from a new brokerage business in Singapore.

Posted on 26/06/2023

RHB, DBS stay ‘buy’ as ESR-LOGOS REIT divests seven assets with ‘slightly high’ discount

All key metrics, such as weighted average land lease tenures and weighted average lease expiry rates should improve slightly.” ...

Posted on 26/06/2023

Undawn, Garena’s open-world mobile zombie survival game, enters open beta on 29 June

Mobile zombie survival shooter Undawn is almost here, and Singapore-based games publisher Garena is making the game available for download on Tuesday (27 June). The open beta will officially open on ...

Posted on 26/06/2023

Hong Kong customs makes record HK$1.5 billion seizure of smuggled goods, mostly electronics, bound for mainland China via Singapore

Haul comprises HK$1.2 billion in integrated circuits, including HK$230 million in used electronics, as well as wine and dried seafood Smugglers could have avoided more than HK$600 million in tariffs ...

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