UOB Kay Hian analyst Jonathan Koh's upgrade comes on the back of CICT’s positive performance for the 3QFY2022 ended Sept 30. ( read original story ...)
Expect ‘accelerated net interest margin expansion’ as DBS, OCBC report 3QFY2022 results: UOBKH
Ahead of the three Singapore banks’ 3QFY2022 ended September results, UOB Kay Hian Research analyst Jonathan Koh is maintaining “overweight” on Singapore’s three banks, citing net interest margin (NIM ... ( read original story ...)
Inflation in Singapore will stay high next year even as pace of economic growth slows: MAS
No imminent threat of a recession here but the outlook depends on trajectory of other advanced economies, MAS warns. Read more at straitstimes.com. ( read original story ...)
Credit Suisse to cut 9,000 jobs, some in Singapore, after posting $5.7b Q3 loss
The bank intends to raise capital worth 4 billion Swiss francs through the issuance of new shares to qualified investors. Read more at straitstimes.com. ( read original story ...)
Singapore to Invest US$50M to Develop AI Talent and Attract Researchers
The Singapore government will invest an additional US$50 million to develop local artificial intelligence (AI) talent and double the number of AI apprenticeships in the next five years. The ... ( read original story ...)
Muddied economic outlook for Singapore as main trading partners experience slowing growth, high inflation: MAS
SINGAPORE — Major economies around the world will be buffeted by the double whammy of slowing growth and "multi-decade" high inflation in the coming months, muddying the economic outlook for Singapore ... ( read original story ...)
Below-trend growth for Singapore economy in 2023 amid deteriorating global outlook: MAS
Inflation-growth dynamics of the global economy have turned less favourable in the past few months, says the macroeconomic review. ( read original story ...)
Singapore Economy Likely to Grow at Below-Trend Pace in 2023, MAS Says
Singapore's economic growth in 2023 is likely to be at a below-trend pace amid weaker external demand, the Monetary Authority ... ( read original story ...)
At 305m high, super penthouse on 8 Shenton Way will be the tallest residence in Singapore
It is set to dethrone Wallich Residence in the 283.7m Guoco Tower as the highest here. Read more at straitstimes.com. ( read original story ...)
Singapore Mulls Tighter Restrictions on Crypto Trading
The Monetary Authority of Singapore says that trading cryptocurrencies is “highly risky and not suitable for the general public.” ... ( read original story ...)
Singapore says crypto ban not feasible, proposes risk mitigation measures
Monetary Authority of Singapore the Singaporean central bank has published papers proposing regulatory measures to reduce the risk of consumer harm from tradin ... ( read original story ...)
Jail for Malaysian man in Singapore who posed as female gynaecologist to receive nude pictures
While posing as a female doctor on various online platforms such as Facebook, Ooi Chuen Wei tricked dozens of women into sending him photographs and videos ... ( read original story ...)
Ant Group Grows Partnership with STB to Drive Tourism Demand from Asia to Singapore
Ant Group today expanded their partnership with Singapore Tourism Board (STB) to make cross-border travel to Singapore more seamless and convenient. The partnership builds on a collaboration forged in ... ( read original story ...)
Pair charged in over 140 scam cases linked to mobile devices
Two people accused of being involved in at least 140 scam cases linked to mobile devices, allegedly causing losses totalling more than S$360,000, were handed cheating charges in a district court on ... ( read original story ...)
UOB defies investment banking slump with debt deals
Fixed income deals in the region are up about 40 per cent from a year ago, UOB said. Read more at straitstimes.com. ( read original story ...)
Singapore’s mortgage costs are rising — but some buyers are shrugging off higher rates
Rising rates are unlikely to have a major impact on Singapore's property market because of wealthy buyers, strong rental demand and more. ( read original story ...)