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Posted on 06/01/2023

Singapore’s retail sales grew 6.2% year-on-year in November 2022

DOS of Singapore announced that the country's retail sales grew by 6.2 per cent year on year in November 2022, following the about 10.3 per cent year-on-year increase recorded in the previous month ...

Posted on 06/01/2023

Private LTE Market worth $8.3 billion by 2027- Exclusive Report by MarketsandMarkets

The global Private LTE Market size is projected to grow from USD 5.0 billion in 2022 to USD 8.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) ...

Posted on 06/01/2023

Singapore court: 15 days’ jail for NTU student who filmed female student undressing in campus toilet

A Nanyang Technological University (NTU) student who followed a female student into a toilet at the university and filmed her undressing was sentenced to ...

Posted on 05/01/2023

Singapore: 2023 GDP forecast remains at 0.7% – UOB

Senior Economist at UOB Group Alvin Liew comments on the recently published GDP figures in Singapore. Key Takeaways “The preliminary estimate of Singapore’s 4Q GDP was in line ...

Posted on 05/01/2023

Company behind Yew Kee Duck Rice eyes Catalist IPO

Yew Kee Duck Rice (formerly known as Yu Kee Duck Rice) is a famous Singaporean brand that started as a push-cart business in the 1950s. Since then, executive chairman Seah Boon Luck, who has taken ...

Posted on 05/01/2023

Rising mortgage rates leads to price softening of private residential properties

The price softening of private properties is in line with a weaker macroeconomic projection against a backdrop of rising mortgage rates and spiraling inflation. The post Rising mortgage rates leads to ... ( read original story ...)

Posted on 05/01/2023

Long queues for new notes ahead of Chinese New Year

There are 72 POSB pop-up ATMs disbursing fit-for-gifting and new notes, while UOB has 17 such ATMs. Read more at straitstimes.com.

Posted on 05/01/2023

Creative Technology founder Sim Wong Hoo ‘pushed new frontiers’ and an inspiration for Singapore startups: DPM Heng

Deputy Prime Minister Heng Swee Keat on Thursday (Jan 5) paid tribute to Singaporean inventor Sim Wong Hoo, saying that the late founder of multinational tech firm Creative Technology dedicated his li ...

Posted on 05/01/2023

Asia-Pacific IPOs most resilient in 2022; tech and energy groups lead large issuances: EY

SINGAPORE - The initial public offering (IPO) market in the Asia-Pacific has been the most resilient compared with other regions, with stronger and higher growth potentials, said an EY report on ...

Posted on 05/01/2023

Singapore stocks in the black for the first time in 2023; STI up 1.6%

SINGAPORE stocks had its first day of gains in 2023 amid a rally across regional markets. Read more at The Business Times.

Posted on 05/01/2023

Foreigners cash out from SE Asia stocks after strong year

That may change this year as China eases its Covid restrictions and the potential bottoming out of tech earnings gives Taiwan and South Korea a boost. “Interest in China and North Asia is picking up, ...

Posted on 05/01/2023

Long queues at ATMs as most people prefer fresh CNY notes over fit-for-gifting type

A long queue, comprising mostly seniors who want to get their hands on new notes ahead of Chinese New Year, formed at two pop-up ATMs at Ci Yuan Community Club in Hougang on Thursday (Jan 5).The ...

Posted on 05/01/2023

These 2 Gaming Giants Have Double-Digit Upside Potential, Says DBS

We can follow that logic, taking a cue from Singapore’s banking giant DBS, which has been tagging the giant gaming stocks as Buys, with upside potential on the order of 20% or better. Here are their ...

Posted on 05/01/2023

Yangzijiang’s share price weakness at the start of 2023 presents ‘buying opportunity’: DBS

DBS Group Research analyst Ho Pei Hwa has reiterated her “buy” call for Yangzijiang Shipbuilding (YZJ) with a target price (TP) of $1.70. According to Ho, the recent price weakness following the ...

Posted on 05/01/2023

‘Singapore has lost a legend’: Tributes pour in for Creative Technology founder Sim Wong Hoo

SINGAPORE: Tributes have poured in for Creative Technology founder Sim Wong Hoo after news of his death on Thursday (Jan 5). Mr Sim died on Wednesday at the age of 67. CEO and co- ...

Posted on 05/01/2023

Singapore food waste start-up UglyFood shuts after 7 years

SINGAPORE – Local food-waste start-up, UglyFood, has announced its closure, saying it has failed to raise enough funds after seven years of operations. Announcing on Wednesday (4 January) that it is ...

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