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Posted on 28/06/2023

DBS downgrades HRnetGroup, sharing similar concerns as CGS-CIMB’s earlier call

Andy Sim of DBS Group Research has downgraded his call on HRnetGroup from "buy" to "hold", citing concerns that a slowing economy will dampen the recruitment firm's business in its key markets of ...

Posted on 28/06/2023

Singapore stocks end Wednesday higher; STI inches up 0.1%

LOCAL shares ended Wednesday (Jun 28) on a slightly more upbeat note alongside most other market indices in South-east Asia, as investors scoured capital markets for opportunities.  Read more at The ...

Posted on 28/06/2023

Lexus to join Singapore taxi fleet

First time for Toyota-owned nameplate here; and second luxury brand following Mercedes-Benz in mid-1990s Read more at straitstimes.com.

Posted on 28/06/2023

Singapore jails Indonesian who filmed himself having sex with 76 women without their consent

Johan Wijaya, a 32-year-old permanent resident of the city state, used a video camera hidden inside a power-bank charger to film his victims. Police found 336 voyeuristic videos on his laptop.

Posted on 28/06/2023

Singapore Clears Ministers Over Rental of Colonial Bungalows

A Singapore government review into colonial bungalows rented by two ministers found no evidence of corruption or criminal wrongdoing after the opposition questioned whether the officials were paying ...

Posted on 28/06/2023

Creador acquires 40% stake in the IPO-hopeful M’sian company behind ProDiet & ProBalance

The news comes months after Reuters reported on Pet World’s plans of an IPO in Singapore to raise S$100 million as early as the end of this year. Other than Pet World, Creador-backed Eco-Shop also ...

Posted on 28/06/2023

Singapore seeks views on financing standards for early phase-out of coal in Asia

SINGAPORE - The Republic is seeking public views on standards for financing a speedy but less disruptive phase-out of coal-fired power plants in Asia. The public consultation launched on Wednesday by ...

Posted on 28/06/2023

Standard Chartered Bank appoints Singapore-based global sustainability strategy chief

Former Credit Suisse sustainable finance executive Dana Barsky joins Standard Chartered Bank as its global head of sustainability strategy and net zero with a mandate to embed the bank's new emissions ...

Posted on 28/06/2023

Why the UN Should Regulate Singapore’s Dangerous Sand Imports

For nations like Malaysia and Indonesia, the profit that can be made selling off a precious natural resource is often too great to resist.

Posted on 28/06/2023

Malaysia seizes 18 tonnes of rice worth nearly $29k smuggled from Singapore at Johor checkpoint

The driver did not have the correct documents to import the rice, authorities said. Read more at straitstimes.com.

Posted on 28/06/2023

Singapore AI-Powered AR Wearable Startup Scores $3 Million From Oculus And Siri Cofounders

Brilliant Labs, a Singapore-based startup that develops augmented-reality wearables powered by ChatGPT, raised more than $3 million in seed round from investors including cofounders of some of Silicon ...

Posted on 28/06/2023

NTU Singapore and Panasonic develop multi-material printer to 3D print flexible smart devices quickly

Panasonic Factory Solutions Asia Pacific Pte. Ltd. (Panasonic), and Singapore Centre for 3D Printing (SC3DP) have developed a new multi-material printer using multi-wavelength high-power lasers, for ...

Posted on 28/06/2023

Billionaire Wee Cho Yaw’s UOL, Kingsford Submit Top Bids In Tepid Singapore Land Auctions

Chinese developer Kingsford Huray Development and a consortium led by billionaire Wee Cho Yaw’s UOL submitted top bids for two prime mixed-use residential and commercial sites across Singapore, with ...

Posted on 28/06/2023

Why are Singapore consumers still spending despite rising inflation and higher costs of living?

A key factor is that people have jobs and are confident that they can pay off mortgages and credit card bills. Read more at straitstimes.com.

Posted on 28/06/2023

Pricey property is a pointy dilemma for Singapore

Singapore’s soaring housing prices are bucking a global slump but the trend is also turning rich overseas arrivals into an easy scapegoat for the city’s rising cost of living. If Asia’s safe haven ...

Posted on 28/06/2023

The Economic Times warns of Singapore job slowdown impacting Indian nationals seeking employment

A job slowdown in Singapore could impact Indian nationals seeking work in the country, as Singapore's declining exports and shrinking job vacancies hint at a potential technical recession, warns The ...

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