UOB Group’s Senior Economist Alvin Liew comments on the latest release of inflation figures in Singapore. “We expected inflation to slow in Oct but the pace of moderation took us by surprise. Headline ...
DBS prefers Sea over Grab in its Asean internet coverage
In the near term, DBS expects Sea’s share price to rise towards US$75 before marching towards its 12-month target of US$100.
Over 78% of Singapore employees will consider changing jobs if pay rise is lower than inflation rate: Survey
SINGAPORE - More than 78 per cent of employees in Singapore will consider changing jobs in 2023 if their pay increment is lower than the inflation rate, according to a survey by recruitment firm ...
MPs to discuss Temasek’s investment in FTX, repealing S377A and amending the Constitution to protect definition of marriage
SINGAPORE: Temasek’s investment in collapsed cryptocurrency exchange FTX will be discussed at the next Parliament sitting, which starts on Monday (Nov 28). Earlier this month, the state investment fir ...
Crypto Stars May Be Unhappy With Singapore But City State’s Businesses Laud The Regulations
His remarks come after Singapore sought to cut down on retail-investor access to crypto trading in a move to reduce consumer risks from the highly volatile market. The Monetary Authority of Singapore ...
Singapore’s inflation may have eased slightly, but central bank warns pain likely to linger
While still at 14-year highs, Singapore's core consumer price index rose 5.1% for October compared with a year ago.
Companies deleveraging while households gear up to buy property: MAS financial stability review
THE unwinding of pandemic-induced precautionary buffers has made Singapore’s companies, households and banks more financially vulnerable this year, said the Monetary Authority of Singapore (MAS) in ... ( read original story ...)
New digital banks unlikely to impact financial stability as incumbents hold their ground
The Monetary Authority of Singapore’s Financial Stability Review issued on Nov 25, looked at the financial stability implications following the launch of four digital banks in Singapore, GXS Bank, ...
Singapore police say they are investigating crypto lender Hodlnaut on fraud allegations
Singapore’s white-collar crime unit is investigating Hodlnaut on allegations of fraud, according to a statement on the website of the Singapore police dated Nov. 23.
Asia crude shipments for November hit all-time high led by imports from China
SINGAPORE - November crude imports into Asia are expected to be at an all time high supported primarily by demand from the region’s biggest consumers China and South Korea. Read more at straitstimes.
Singapore Maintains Hard-Line Take on Goodwill in Million-Dollar Wonton Noodle Feud
In Singapore, popular eatery “ENG’S Wonton Noodles” is known for its springy noodles, luscious wonton dumplings and fiery chilli sauce. Its popularity attracted more than S$1.6 mil ...
Singapore Industrial Production Drops In October
(RTTNews) - Singapore's industrial production declined in October, albeit at a slightly slower than expected pace, data from the Economic Development Board revealed on Friday. Industrial production ...
Tycoon Gordon Tang To Take Chip Eng Seng Private In Deal Valuing Singapore Developer At $412 Million
Tycoon Gordon Tang and his wife Celine are proposing to take Chip Eng Seng private in a deal that values the Singapore-listed property and construction company at $565 million ($412 million).
Up to 50% off electronics on Amazon Singapore’s Black Friday sale
While some may think of it as just a day to give thanks and feast, others may be excited about what comes after: Black Friday (25 November) and Cyber Monday (28 November) sales. If you’re shopping for ...
Singapore’s factory output shrinks 0.8% in October on steep fall in biomedical manufacturing
SINGAPORE’S factory output contracted 0.8 per cent year on year in October, a reversal from the previous month’s gains of 1.6 per cent, according to data from an Economic Development Board (EDB) ...
Singapore’s manufacturing output decreases by 0.8% in October, marking first y-o-y contraction since Sept 2021
The y-o-y contraction was due to declines in the electronics, chemicals and the biomedical manufacturing clusters.