Asia Innovations Group Ltd. announced it would make a backdoor listing in New York using a SPAC called Magnum Opus Acquisition Ltd. Click here to read more. ( read original story ...)
Homeowners in shock after DBS, OCBC & UOB hike home loan fixed interest rate
Some homeowners who opted for a bank loan to finance their mortgage have been left in shock after the three major local banks announced yesterday (Oct 4) that the fixed interest rate for housing loans ... ( read original story ...)
Billionaire Kwek Leng Beng’s CDL To Launch Suburban Condo Project Despite Singapore Property Curbs
City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—is proceeding to launch a suburban residential condominium project in the western part of Singapore, reflecting its confidence ... ( read original story ...)
‘Ajoomma’ Director He Shuming on how Korean and Singapore Film Crews Bonded Over Food and Golf
Along with “Return to Seoul” and Kore-eda Hirokazu’s “Broker,” Singaporean comedy film “Ajoomma” joins a growing list of recent foreign movies set in Korea or probing contemporary Korean ... ( read original story ...)
Singapore stocks index is developed markets’ sole winner
SINGAPORE: As stagflation concerns mar the outlook for the world’s biggest developed markets, shares in a small Asian city-state Singapore’s Straits Times Index has eked out gains of about 1% in 2022, ... ( read original story ...)
Multibagger IPO: Singapore-based FPI raises stake in this small-cap company
Within a fortnight, this is for the second time when Singapore-based FPI has bought stake in this small-cap BSE listed company. On 21st September 2022, Nav Capital VCC- Nav Capital Emerging Star Fund ... ( read original story ...)
Singapore banks’ mortgage rate hikes will push down discretionary spending, analyst says
Pramod Shenoi of CreditSights says "households are going to look very carefully at where they're putting their money." ... ( read original story ...)
A leasehold landed went for $32k in Singapore – here’s where to find the cheapest landed homes in 2022
When it comes to landed properties, the truth is that the overwhelming demand is for freehold homes. But in 2022, with interest rates, as well as private homes, soaring, that may simply be impractical ... ( read original story ...)
Buyers from China snap up biggest number of Singapore’s luxury condos
Chinese buyers have scooped up the biggest number of Singapore's private apartments in 2022 compared with other foreigners, underscoring the amount of wealth flowing into the Republic from the world's ... ( read original story ...)
Rich Chinese are biggest Singapore luxury condo buyers
Mainland Chinese buyers have scooped up the biggest number of Singapore’s private apartments this year compared with other foreigners. ( read original story ...)
Credit Suisse sees another departure as Hong Kong-based managing director leaves for HSBC
Credit Suisse has become a poaching ground for rivals recently, with the bank struggling to contain the fallout of a series of scandals Read more at straitstimes.com. ( read original story ...)
Dong to weaken in next 12 months: UOB forecast
Singapore’s United Overseas Bank expects the dong to slip to VND24,300 to the dollar by the third quarter of next year. ( read original story ...)
Singapore stock index only winner among developed markets this year
"Until the Fed slows or pivots, developed markets probably won't catch up" with Singapore, said Daniel Dubrovsky, strategist at DailyFX. The market is focused on the ... Shares of DBS Group Holdings, ... ( read original story ...)
Singapore expected to tighten monetary policy as price pressures persist
Singapore is likely to tighten monetary policy this month, the fifth time in a row, amid persistent inflation in the Asian financial hub due to global supply chain disruptions and a tight labour ... ( read original story ...)
Singapore Stocks Gauge Is Sole Winner Among Developed Markets This Year
Loretta Lynn, Coal Miner's Daughter And Country Queen, Dies Stocks Take Breather After Furious Rally From Low: Markets Wrap Mar-a-Lago Documents Included Pardons, Emails, Legal Bills Singapore’s ... ( read original story ...)
Singapore faces challenge of finding foreign nurses to take care of aging population
"They (nurses and healthcare staff) number 58,000 now and the Ministry of Health estimates that this will need to grow to 82,000 by 2030," Health Minister Ong Ye Kung told Parliament on Wednesday. ( read original story ...)