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Posted on 03/01/2023

Singapore PMI resumes downward trend, slides deeper into contraction

SINGAPORE’S overall factory activity resumed its downward trajectory in December, deeper into contraction territory, after a surprise uptick in November. Read more at The Business Times.

Posted on 03/01/2023

Rapidly ageing Singapore urges seniors to use tech in managing their health

A shift in Singapore’s healthcare strategy towards preventive care aims to get Singaporeans to actively manage their health, such as with the use of mobile applications.

Posted on 03/01/2023

Singapore Eyes Further Measures in Budget to Allay Cost Worries

Singapore is looking at additional support measures in the budget to help locals with cost of living issues over the coming year.

Posted on 03/01/2023

Singapore officially repeals law criminalising gay sex

Section 377A, a decades-old law criminalising gay sex, has officially been struck from the books, as President Halimah Yacob had assented on Dec 27 to the Bill that proposed the repeal.

Posted on 03/01/2023

StanChart ups maximum interest rate on Bonus$aver to 7.88%, now the highest of savings accounts here

SINGAPORE – Standard Chartered Bank has raised the maximum interest rate on its Bonus$aver account to 7.88 per cent a year – its highest ever for the product – up from 4.88 per cent. Read more at ...

Posted on 03/01/2023

Singapore stocks start the year mixed; STI down 0.2%

SINGAPORE shares traded mixed on Tuesday (Jan 3), the first trading day of the year, after a volatile 2022. Read more at The Business Times.

Posted on 03/01/2023

Lacklustre manufacturing sector to weigh on Singapore’s economy in 2023: Economists

The slowdown in the manufacturing sector is set to continue amid weaker global demand, economists said. File photo of skyline buildings of the Central Business District and the Singapore Merlion on ...

Posted on 03/01/2023

Singapore GDP up 3.8% in 2022 as Q4 growth moderates to 2.2%: flash estimates

SINGAPORE’S economy expanded 3.8 per cent year on year in 2022, with growth in the services sector helping to offset sluggish performance in the manufacturing sector, according to advance estimates ...

Posted on 03/01/2023

Singapore dollar goes toe to toe with Thai baht in tussle to be best regional currency

It comes as Indonesia’s rupiah, the Philippines’ peso and Malaysia’s ringgit all look set to struggle in the race to become Southeast Asia’s best-performing currency this year.

Posted on 03/01/2023

Singapore’s market is seen as boring, but here’s my case for it

LAST year was, to put it mildly, a roller coaster for global markets. The Russia-Ukraine war, inflation and interest rate hikes were just some of the incidents that contributed to the volatility. Read ...

Posted on 03/01/2023

Home loan rates will remain high before dipping in 2024. What should home owners do?

With rising interest rates, many home owners are now considering their circumstances and weighing the options. Read more at straitstimes.com. ( read original story ...)

Posted on 03/01/2023

Winklevoss says crypto broker Genesis negotiating in bad faith

Cameron Winklevoss speaks at a New York State Department of Financial Services (DFS) virtual currency hearing in the Manhattan borough of New York January 28, 2014. REUTERS/Lucas Jackson ...

Posted on 03/01/2023

Singapore’s economic growth slows as global headwinds mount

Singapore’s economy grew by 3.8 per cent last year – more than expected but much slower than the 7.6 per cent rise enjoyed in 2021, official data showed on Tuesday.

Posted on 03/01/2023

More Indians are visiting Singapore, 2nd highest in the world, overtaking China

Indian tourists are the second highest number of visitors arriving in Singapore, data from the Singapore Tourism Board (STB) till November showed. With this Indian tourist numbers have overtaken that of China.

Posted on 03/01/2023

Singapore style: TikTok account captures Orchard’s street fashion (Videos)

Next time you’re strutting along the streets of Orchard, look out for this fashion enthusiast who is capturing Singapore’s street fashion.

Posted on 03/01/2023

Singapore’s Top 5 Fintech Stories Last Year That Will Impact the Industry in 2023

Here are the top 5 Singapore fintech stories in 2022 including developments of CBDCs, the launch of digibanks, and incumbent failures.

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