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Posted on 03/08/2022

Rising Interest Rates and Returns for Singapore Savings Bonds (SSB) — Should You Start Investing In It?

With the increased attention toward personal assets, people are looking to strengthen their portfolios by investing in low-risk bonds. Learn more about Singapore Savings Bond (SSB), a bond with a ... ( read original story ...)

Posted on 03/08/2022

Singapore bank OCBC’s Q2 profit jumps 28%, beats estimates

SINGAPORE (Reuters) -Singapore's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a better-than-expected 28% jump in quarterly profit on Wednesday as it benefited from rising ... ( read original story ...)

Posted on 03/08/2022

Ng Eng Hen responds to clarifications sought on Singapore Armed Forces and Other Matters Bill

Defence Minister Ng Eng Hen responded to clarifications sought on the Singapore Armed Forces and Other Matters Bill. The Bill was passed. There was then a second reading of the Constitution of the ... ( read original story ...)

Posted on 03/08/2022

Singapore Stepping Up Efforts to Tackle Heat, Straits Times Says

Singapore is working on a range of measures to counter the impact to rising temperatures driven by global warming, its Minister for Sustainability and the Environment said, according to a Straits ... ( read original story ...)

Posted on 03/08/2022

Pritam Singh on Constitution of the Republic of Singapore (Amendment No. 2) Bill

Leader of the Opposition Pritam Singh said the Workers’ Party would vote against the Constitution of the Republic of Singapore (Amendment No. 2) Bill as a matter of principle. That is because the Bill ... ( read original story ...)

Posted on 03/08/2022

Singapore’s central bank ‘actively reviewing’ its approach to regulating stablecoins

The Monetary Authority of Singapore is currently assessing its approach to the regulation of stablecoins following May's collapse of algorithmic stablecoin TerraUST (UST-USD). As ... ( read original story ...)

Posted on 03/08/2022

Gerald Giam on Singapore Armed Forces and Other Matters Bill

The Singapore Armed Forces’ new Digital and Intelligence Service cannot operate in a silo; all the armed services must continually digitalise to keep their edge on the battlefield. MP Gerald Giam made ... ( read original story ...)

Posted on 03/08/2022

Tiesto and Zedd to headline ZoukOut Singapore in December

Award-winning DJs Tiesto and Zedd will be spinning at ZoukOut Singapore on 2 and 3 Dec, respectively, on Sentosa’s Siloso Beach. Both are currently resident DJs of Zouk Las Vegas. The festival will be ... ( read original story ...)

Posted on 03/08/2022

Singapore manufacturing growth slows in July as electronics cools

After 25 straight months of growth, it signals that the second half of the year is starting on a dour outlook. Read more at straitstimes.com. ( read original story ...)

Posted on 03/08/2022

Singapore’s manufacturing PMI declines to 50.1 in July

The Singapore purchasing managers' index (PMI), an early indicator of manufacturing activity, edged down 0.2 points from the previous month to post a slower rate of expansion at 50.1 this July, the ... ( read original story ...)

Posted on 02/08/2022

Singtel adds $100M to startup investment arm

Singapore telco pumps another $100 million into its VC arm Innov8 to expand its investment portfolio across Southeast Asia, China, Australia, Israel, and the US. ( read original story ...)

Posted on 02/08/2022

Singapore’s Central Bank to Consult Public for Stablecoin Regulations

The MAS is reviewing a regulatory regime targeting risks involving stablecoins, the minister in charge of the bank said. ( read original story ...)

Posted on 02/08/2022

No change to ‘generous’ CPF interest rates amid inflation, with floor rates still higher than bank rates: Tan See Leng

SINGAPORE — The interest rates for the Central Provident Fund (CPF) will remain unchanged for now because interest rates at banks continue to be below the effective CPF floor rates. ( read original story ...)

Posted on 02/08/2022

Singapore’s watchdog urges financial firms to ‘discourage’ retail crypto trading

Despite the cryptocurrency sector's exponential growth, Singapore's central bank is warning against crypto trading. ( read original story ...)

Posted on 02/08/2022

Singapore insists it has given fleeing Sri Lanka leader Rajapaksa no ‘privileges, immunity or hospitality’

Singapore has insisted that it has not provided any priviliges or immunity to Gotabaya Rajapaksa, the former president of Sri Lanka who fled the cash-strapped nation amid anti-government protests last ... ( read original story ...)

Posted on 02/08/2022

Singapore: Tighter Covid-19 curbs at hospitals and care homes extended till Aug 31

Safe management measures for visitors to hospital wards and residential care homes will be extended for another four weeks, till Aug 31. ( read original story ...)

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