Now that the year has turned, some retailers have switched from getting consumers to buy big-ticket items before the Goods and Service Tax (GST) go up to absorbing the tax increase for customers or ...
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 ...
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) ...
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 ...
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 ...
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 ...
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 ...)
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.
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 ...
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 ...
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.
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, ...
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 ...
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 ...
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 ...
‘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- ...