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Posted on 12/07/2023

5 Takeaways From Temasek’s FY2023 Performance (And How To Apply It To Our Investments Amid High Interest Rates, Global Uncertainties)

What should you do with your investments while the world grapples with stubborn high inflation? Singapore investment company Temasek’s global direct investments saw a reversal of gains from the high ...

Posted on 12/07/2023

Singapore man jailed for stealing police jacket had ‘fetishistic interest’ in uniforms

Lam Seng Yip, 52, was previously convicted in 2019 of stealing operational items from police and Aetos traffic marshalls and given a mandatory treatment order.

Posted on 12/07/2023

Visit Singapore’s Brand-New Tropical Oasis In The Clouds

It’s a new and brighter era for luxury hotels, one that is more environmentally friendly and visibly leafier. Enter: Pan Pacific Orchard, Singapore.

Posted on 12/07/2023

S$8m malware scams: 5 people aged 16 to 28 to be charged with giving Singpass, bank accounts for proceeds laundering

Five people aged 16 to 28 will be charged on Wednesday (July 12) for their suspected involvement in money laundering activities linked to banking-related phishing scams involving malware where victims ...

Posted on 12/07/2023

UOB to close Myanmar Airways International bank accounts by Aug 15

The airline has been asked to stop using the bank for outward transactions by July 21. Read more at straitstimes.com.

Posted on 11/07/2023

10 Best Home Insurance Plans in Singapore for HDB & Private Property (2023)

Your home is probably the most expensive thing you own right now. (Not to be presumptuous, but I’m assuming you don’t have a $3 million supercar or yacht.) So it makes sense to protect it. And in this ... ( read original story ...)

Posted on 11/07/2023

Thief grabs $600 that elderly woman withdrew from Tampines ATM, durian vendor grabs his neck

A durian vendor went to the rescue of an elderly woman when she was robbed of $600. Read more at stomp.straitstimes.com ...

Posted on 11/07/2023

Singapore’s Temasek Seeks Talks With Ant on Buyback Valuation

Singapore state-owned investor Temasek Holdings Pte is set to hold talks with Ant Group Co. to understand why it slashed its valuation before it decides whether to take part in a planned share buyback ...

Posted on 11/07/2023

Singapore man’s obsession with Aussie worker uniforms goes viral; netizens find it ‘cute’ and ‘wholesome’

A viral TikTok post of a Singaporean man’s obsession with high-visibility uniforms typically worn by tradesmen in Australia has gotten an outpour of ...

Posted on 11/07/2023

Singapore-born Westports founder and executive chairman G. Gnanalingam passes away at 78

Westports announced in a filing with Bursa Malaysia that Tan Sri Gnanalingam passed away peacefully on Tuesday, at the age of 78. “Gnanalingam was the founder of the company and a source of ...

Posted on 11/07/2023

Tata Communications to buy balance stake in Singapore’s Oasis Smart Sim for Rs99.3 crore

Oasis develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies. It has delivered over 350 million operating systems worldwide, worked ...

Posted on 11/07/2023

Singapore’s Temasek says it’s not looking to invest in crypto firms amid current regulatory uncertainties

Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong called the loss "disappointing" and damaging for Singapore's reputation. In May, Temasek then announced it is cutting the salaries ...

Posted on 11/07/2023

Asian Development Bank, Singapore’s Energy Market Authority partner to promote clean energy

The Asian Development Bank (ADB) and the Energy Market Authority (EMA) of Singapore have signed a memorandum of understanding (MoU) that paves the way ...

Posted on 11/07/2023

Singapore stocks advance with focus on key US inflation data; STI up 0.5%

SINGAPORE - Local shares finished higher for the second straight day on Tuesday, buoyed by China’s efforts to prop up its ailing property sector, and ahead of key US inflation data. Read more at ...

Posted on 11/07/2023

Singapore state investor Temasek posts worst returns since 2016

Its global direct investments, particularly in technology, health care and payments, saw "a reversal of gains" in the 12 months ending March 31 this year.

Posted on 11/07/2023

Singapore’s Temasek posts worst performance in 7 years, remains positive on China tech despite markets slump

The drop in net portfolio value is its first since the 2019 financial year and came amid intensified global market volatility.

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