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Posted on 08/06/2023

Singapore middle distillates stocks above 8 mln barrels on weaker net exports; Qatari gasoil emerges

SINGAPORE, June 8 (Reuters) - Middle distillates stock levels at key trading hub Singapore rose to above 8 million barrels on lower overall net export volumes, with gasoil imports emerging from Qatar, ...

Posted on 08/06/2023

Hanna has a point, but Singapore is still an outlier

In her latest Sunday column published in the Jamaica Observer titled 'A tale of two Jamaica's', Member of Parliament (MP) Lisa Hanna provided a balanced position on the vexing issue of the ...

Posted on 08/06/2023

Were Singapore’s ‘kampung spirit’ life in the 80s and early 90s really better than today?

Always hearing older folks saying that life was much ‘simpler’ then and they miss the kampung spirit. I wasn’t born then to experience it... Things were cheaper but after a little research, apparently ...

Posted on 08/06/2023

WhatsApp Channels launch in Singapore: Join CNA’s channel to get breaking news, our pick of must-reads

Short on time? Join CNA’s WhatsApp Channel to get the latest breaking news updates and our recommendations for best reads.

Posted on 08/06/2023

Singapore identifies six generative AI risks, sets up foundation to guide adoption

Singapore has identified six top risks associated with generative artificial intelligence (AI) and proposed a framework on how these issues can be addressed. It also has established a foundation that looks to tap the open-source community to develop test toolkits that mitigate the risks of adopting AI .

Posted on 08/06/2023

SK On raises additional US$400 mln in pre-IPO funding

South Korean battery maker SK On Co. has attracted an additional US$400 million from a foreign investor, the latest in a round of funding as it steps up to prepare for an initial public offering (IPO) ...

Posted on 08/06/2023

Stable Singapore-dollar credit market amid debt ceiling saga

Singapore-dollar bonds issuance year-to-date as of May 31 was stable at $8.1 billion, a gain of 2.5% compared to the same period last year. However, it seems that issuers are more receptive to the ...

Posted on 08/06/2023

Standard Chartered to lay off more than 100 as part of $1bn cost cuts

Standard Chartered is embarking on selective lay-offs of employees across its Singapore, London and Hong Kong offices, part of the Asia-focused lender’s plan to cut costs by more than $1 billion ...

Posted on 08/06/2023

StanChart cutting more than 100 jobs in Singapore, London and Hong Kong, say sources

Move is part of Asia-focused lender’s existing plan to cut costs by more than $1.35 billion through 2024. Read more at straitstimes.com.

Posted on 08/06/2023

Cash flooding S’pore forced DBS to lend MAS S$30 billion as banks run out of investment ideas

The influx of money means that Singapore is, relatively speaking, one of the best places to get a loan anywhere in the world right now.

Posted on 08/06/2023

Malaysia, Singapore slam comedian for ‘offensive’ joke over MH370 plane disappearance

Malaysian officials on Thursday condemned a Singapore-born stand-up comedian who mocked Malaysia and made fun of the 2014 disappearance of Malaysia Airlines Flight MH370 during a skit in the United States.

Posted on 08/06/2023

Singapore economic czar Tharman Shanmugaratnam to run for president

Singapore's veteran economic policymaker is resigning to contest the Southeast Asian city-state's presidency, a largely symbolic head of state role.

Posted on 08/06/2023

NTUC LearningHub and Professional Convention Management Association Partner to Introduce New Training Programmes to Uplift Singapore’s MICE Sector

NTUC LearningHub (NTUC LHUB), together with the Professional Convention Management Association (PCMA), provider of senior-level education, networking, and market intelligence for the global business events industry,

Posted on 08/06/2023

Singapore GDP to barely stay positive; stay put with high-yield big caps

The STI is supported by the inexpensive valuation of just over 10x forward P/E and an attractive dividend yield of 5.3% ...

Posted on 08/06/2023

Stock Market Live Updates: Sensex rises 50 points, Nifty near 18,750; Torrent Power jumps 6%, Tata Elxsi 3%

Tokyo shares opened slightly higher Thursday after global stocks mostly retreated on a shock interest rate hike by Canada's central bank.The benchmark Nikkei 225 index was up 0.06 percent, or 19.97 ...

Posted on 08/06/2023

MAS to set up association to scale voluntary carbon markets, transition finance, blended finance

The Association of Banks in Singapore is leading the coordination and set-up of the Singapore Sustainable Finance Association.

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