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Posted on 16/02/2023

UOB loan to coal miner Adaro raises climate concerns

UOB said the bank is committed to working with clients as they transition from highly emitting business models. Read more at straitstimes.com.

Posted on 16/02/2023

DBS Weighs Possibilitiy of Enlarging Its Stake in Shenzhen Bank

DBS Group Holdings Ltd., Southeast Asia’s largest lender, is considering raising its stake in China’s Shenzhen Rural Commercial Bank over the next few years, its chief executive said Thursday.

Posted on 16/02/2023

Share Market LIVE Updates: Sensex and Nifty 50 poised for a positive start, Asian stocks in the green

Indian equity benchmarks BSE Sensex and NSE Nifty 50 are expected to make a flat to positive start on Thursday tracing cues from global markets. Singapore Exchange Nifty futures, an early indicator of ...

Posted on 16/02/2023

India calls for uniform crypto regulations as Asian markets grow amid boom and bust cycle

One country alone cannot do everything' if regulation is required, says India's financial minister as she leads the push for uniform rules in the group; New Delhi's call is likel ...

Posted on 16/02/2023

Commentary: Should Singapore residents invest in energy-efficient homes to save costs?

Select businesses in Singapore can enjoy one more year of government grants to invest in energy efficiency. David Broadstock of Energy Studies Institute explores if households should be empowered to ...

Posted on 16/02/2023

China’s growing middle-class kingdom in Singapore is causing heartburn | Explained

The reasons behind the middle-class Chinese citizens making the move to Singapore are manifold — political stability, economic growth, and access to a high quality of life, among other things.

Posted on 16/02/2023

Experts: Singapore Budget 2023’s luxury taxes a step in right direction but future moves shouldn’t ‘swing too far’

It may seem progressive of the Government to raise taxes on luxury items, but economists and tax experts are cautioning that future tax moves should ...

Posted on 16/02/2023

Commentary: Should Singapore households be given more support to defray high energy costs?

Select businesses in Singapore can enjoy one more year of government grants to invest in energy efficiency. David Broadstock of Energy Studies Institute explores if households should be empowered to ...

Posted on 16/02/2023

Trust in Singapore Banks Continues to Be on the Rise, Says ABS Survey

A survey conducted recently has found that trust in the Singapore banking industry has increased for a second straight year since 2020.

Posted on 16/02/2023

Singapore jails Indonesian helper for sending nude photo of elderly man she was showering to her husband

Hidayah was sentenced to three months’ jail for distributing an intimate image of the 79-year-old, who suffered from Parkinson’s disease.

Posted on 16/02/2023

COVID-19 Restrictions on Singapore travel are a thing of the past

The government said there are no COVID-19 measures for Americans arriving in Singapore from 13 Feb 2023, regardless of vaccination status.

Posted on 16/02/2023

Singapore stocks track regional losses on uninspiring US inflation; STI drops 1.1%

Wednesday’s losses were led by Singapore’s three banks, DBS, UOB and OCBC. Property developers such as City Developments, UOL and CapitaLand Investment also fell after higher marginal buyer’s stamp ...

Posted on 16/02/2023

Wholesaler and its director fined $13,000 for illegal import of Malaysian produce

A truck was found to contain 324kg of undeclared and under-declared fresh fruits and vegetables at Woodlands Checkpoint. Read more at straitstimes.com.

Posted on 15/02/2023

Singapore To Tax And Spend Through Global Headwinds

Finance Minister Lawrence Wong expects“positive but slower” growth in Singapore this year due to high inflation and a slowing global eco ...

Posted on 15/02/2023

Budget 2023 aims to assist S’pore families with cost of living and the workforce with upskilling: ST-UOB panel

SINGAPORE - Budget 2023 aims to help Singaporean families cope with the rising cost of living post-Covid-19, as well as assist workers to upskill themselves, said panellists at a roundtable discussion ...

Posted on 15/02/2023

Four key points from the ST-UOB Roundtable on Budget 2023

The key points raised during the ST-UOB roundtable – moderated by ST associate editor Vikram Khanna – include the impact of inflation on business and the tough choices that lie ahead for Singapore.

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