INVEST in what you know is generally a good mantra to follow. I got burnt when I first started actively buying shares in the 1990s, by mainly speculating in Malaysian counters that traded here on the ...
What is Singapore’s largest real estate investment deal in 2022?
The transaction was worth S$2.16 billion. The year 2022 can be described as a roller coaster. According to a Knight Frank report, this began with the euphoria stemming from the reopening of economies ...
Stock Market LIVE Updates: Sensex flat, Nifty above 17,900; Nykaa falls 4%, Delhivery 2%
Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday. Headline equity index Nifty, ...
Nomura cuts 18 Asia banking jobs as dealmaking slows -sources
Nomura Holdings Inc has cut 18 Asian banking jobs, most of them China-focused investment roles, after a sharp slowdown in dealmaking activity, according to two sources with direct knowledge of the ...
Singapore Jails Former CFO 20 Years for Defrauding Over Dozen Banks
Lim Beng Kim, a former chief financial officer of commodities firm Agritrade International Pte, was sentenced to 20 years jail in Singapore for defrauding over a dozen banks and causing almost $500 ...
Reformative training for man linked to phishing scams involving OCBC customers
He will be detained in a centre to follow a strict regimen that can include foot drills and counselling. Read more at straitstimes.com.
Singapore expects tourist total to double
Singapore expects tourist numbers to double from last year to reach 12-14 million in 2023, helped by China’s decision to drop Covid travel restrictions, along with an increase in flight connectivity and capacity.
More than 500 Team Singapore athletes selected for the 32nd SEA Games
Joseph Schooling, Amanda Lim and Teong Tzen Wei, who were caught up in a drug scandal in 2022, are shortlisted. Read more at straitstimes.com.
Singapore dollar is new short as Asian haven falls from favour
Some of the biggest global banks are going short the Singapore dollar, saying the improving regional outlook is damping demand for its haven qualities. Goldman Sachs Group Inc. recommends betting the island’s currency will weaken against the Malaysian ringgit after the Monetary Authority of Singapore signaled it has finished its tightening cycle.
Stock Market Live Updates: SGX Nifty signals a positive start; Asian shares trade lower
Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday. Headline equity index Nifty, ...
Market LIVE Updates: SGX Nifty futures indicate a flat to positive start for Sensex and Nifty 50
Indian equity benchmarks BSE Sensex and NSE Nifty50 are expected to open flat or with minor gains on Tuesday after a volatile session on Monday. Singapore Exchange Nifty futures, an early indicator of ...
SGX Nifty down 11 points; here’s what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday.
Singapore tourism expected to recover to pre-pandemic levels by 2024
Tourism activity in Singapore is expected to recover to pre-pandemic levels by 2024, barring unexpected circumstances.
Singapore Airlines On Slow But Steady Road To Recovery
While monthly progress is happening at Singapore Airlines, the pace of change seems far too slow now that travel restrictions are largely gone.
Singapore private home sales record lowest monthly volume in 14 years
Only 170 units were sold in December 2022. Singapore developers posted sluggish new private home sales in December, transacting just 170 units (ex. Executive Condos). According to PropNex, this is the lowest monthly home sales tally since January 2009 where 108 units were sold.
Singapore’s higher bankruptcy numbers in 2022 part of natural business cycle: Economist
It is more important to look at the percentage of bankruptcies compared with the number of new businesses formed, says economist Song Seng Wun. Read more at straitstimes.com.