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Posted on 26/11/2022

Amazon Singapore’s Black Friday sale: Samsung, SteelSeries and more

If you’re shopping for Christmas gifts, you’d better make use of this four-day sale (25-28 November) to snatch the best deals. During this Black Friday sale, Amazon Singapore is offering free local ...

Posted on 26/11/2022

Singapore, China renew smart city collaboration with digital economy initiatives

Both countries will embark on 14 new projects spanning e-commerce, cross-border data exchange, fintech, and green tech as the Singapore-China Smart City Initiative kicks off its third year of ...

Posted on 25/11/2022

Singapore services receipts up 14.5% in Q3 2022

SINGAPORE’S services industries saw their takings rise 14.5 per cent year on year in the third quarter of 2022, easing from the 15.6 per cent growth rate in Q2, according to Department of Statistics ...

Posted on 25/11/2022

OCBC opens 20,000 sq ft lifestyle and banking space at Wisma Atria, second-largest after OCBC Centre

OCBC Bank has opened its second-largest branch at Wisma Atria, a 20,000 sq ft lifestyle and banking space featuring six retail and F&B partners. Since the branch’s soft launch in August, OCBC says ...

Posted on 25/11/2022

Singapore: GDP outlook remains cautious – UOB

Senior Economist at UOB Group Alvin Liew assesses the latest GDP figures in Singapore. Key Takeaways “Singapore’s final 3Q22 GDP came in at 4.1% y/y from 4.5% growth in 2Q22, ...

Posted on 25/11/2022

Singapore: Headline CPI surprised to the downside in October – UOB

UOB Group’s Senior Economist Alvin Liew comments on the latest release of inflation figures in Singapore. “We expected inflation to slow in Oct but the pace of moderation took us by surprise. Headline ...

Posted on 25/11/2022

DBS prefers Sea over Grab in its Asean internet coverage

In the near term, DBS expects Sea’s share price to rise towards US$75 before marching towards its 12-month target of US$100.

Posted on 25/11/2022

Over 78% of Singapore employees will consider changing jobs if pay rise is lower than inflation rate: Survey

SINGAPORE - More than 78 per cent of employees in Singapore will consider changing jobs in 2023 if their pay increment is lower than the inflation rate, according to a survey by recruitment firm ...

Posted on 25/11/2022

MPs to discuss Temasek’s investment in FTX, repealing S377A and amending the Constitution to protect definition of marriage

SINGAPORE: Temasek’s investment in collapsed cryptocurrency exchange FTX will be discussed at the next Parliament sitting, which starts on Monday (Nov 28). Earlier this month, the state investment fir ...

Posted on 25/11/2022

Crypto Stars May Be Unhappy With Singapore But City State’s Businesses Laud The Regulations

His remarks come after Singapore sought to cut down on retail-investor access to crypto trading in a move to reduce consumer risks from the highly volatile market. The Monetary Authority of Singapore ...

Posted on 25/11/2022

Singapore’s inflation may have eased slightly, but central bank warns pain likely to linger

While still at 14-year highs, Singapore's core consumer price index rose 5.1% for October compared with a year ago.

Posted on 25/11/2022

Companies deleveraging while households gear up to buy property: MAS financial stability review

THE unwinding of pandemic-induced precautionary buffers has made Singapore’s companies, households and banks more financially vulnerable this year, said the Monetary Authority of Singapore (MAS) in ... ( read original story ...)

Posted on 25/11/2022

New digital banks unlikely to impact financial stability as incumbents hold their ground

The Monetary Authority of Singapore’s Financial Stability Review issued on Nov 25, looked at the financial stability implications following the launch of four digital banks in Singapore, GXS Bank, ...

Posted on 25/11/2022

Singapore police say they are investigating crypto lender Hodlnaut on fraud allegations

Singapore’s white-collar crime unit is investigating Hodlnaut on allegations of fraud, according to a statement on the website of the Singapore police dated Nov. 23.

Posted on 25/11/2022

Asia crude shipments for November hit all-time high led by imports from China

SINGAPORE - November crude imports into Asia are expected to be at an all time high supported primarily by demand from the region’s biggest consumers China and South Korea.  Read more at straitstimes.

Posted on 25/11/2022

Singapore Maintains Hard-Line Take on Goodwill in Million-Dollar Wonton Noodle Feud

In Singapore, popular eatery “ENG’S Wonton Noodles” is known for its springy noodles, luscious wonton dumplings and fiery chilli sauce. Its popularity attracted more than S$1.6 mil ...

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