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Posted on 25/11/2022

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.

Posted on 25/11/2022

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.

Posted on 25/11/2022

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 ...

Posted on 25/11/2022

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 ...

Posted on 25/11/2022

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).

Posted on 25/11/2022

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 ...

Posted on 25/11/2022

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) ...

Posted on 25/11/2022

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.

Posted on 25/11/2022

Singapore financial vulnerability climbs, but still resilient to shocks -MAS

Singaporean households, corporates and banks have seen an increase in financial vulnerability this year, the city-state's central bank said on Friday, warning people to be prudent about taking on more ...

Posted on 25/11/2022

Monetary Authority of Singapore: Near-Term Global Financial Stability Risks Have Intensified

The near-term risks to global financial stability have intensified, as economies cope with tighter financial conditions, elevated input costs and slowing growth, the Monetary Authority of Singapore ...

Posted on 25/11/2022

Singapore Warns of Potential Global Funding Markets Dysfunction

Singapore’s central bank warned of “potential dysfunction” in global funding markets and liquidity strains on financial firms that could spill over to banks and companies, amid intensifying risks to ...

Posted on 25/11/2022

Headline inflation to average 4% in 2023: UOB

This projection excludes 2023 goods and services tax impact. Even as the inflation eased in October, UOB said authorities did not change their outlook for 2022 amidst uncertainties in the global ...

Posted on 25/11/2022

Singapore crypto lender aims $1.5-billion value, thanks to Wall Street formula: Report

One of Asia’s biggest crypto lenders is targeting $100 million in funding at a higher valuation, even as the fall of FTX reverberates across the digital asset market.

Posted on 25/11/2022

Singapore Airlines flight from London diverted to Frankfurt after issue with cabin pressure

Relief flight SQ9326 will depart Singapore on Friday morning and is expected to arrive back in Singapore at 11.05am on Saturday, said SIA.

Posted on 25/11/2022

Jail for two Singapore narcotics bureau officers who conspired to tamper with urine sample of suspect

A Central Narcotics Bureau (CNB) officer and his former colleague were sentenced to 24 months’ and 22 months’ jail respectively on Thursday (Nov 24) ...

Posted on 25/11/2022

Singapore stocks fall at Friday’s open; STI down 0.2%

SINGAPORE stocks fell in early trade on Friday (Nov 25), following quieter trading sessions as US markets were closed for the Thanksgiving holiday.  Read more at The Business Times.

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