Senior Economist at UOB Group Alvin Liew reviews the latest PMI results in Singapore. Key Takeaways “Singapore’s manufacturing Purchasing Managers’ Index (PMI) edged slightl ... ( read original story ...)
Southeast Asia’s largest bank says wealth management, capital markets business face challenges
"Business momentum is a bit mixed. Our corporate lending activities are actually doing quite well. And so the balance sheets continue to grow," DBS Group CEO Piyush Gupta said. ( read original story ...)
Singapore private home prices rise 3.5% in Q2, but rising interest rates could stall momentum
Private home prices rose 3.5 per cent in the second quarter, underpinned by a sharp turnaround in city fringe home prices and the continued strength of ... ( read original story ...)
The HSBC Futureverse. 6 million reasons why no one can predict the future.
If the last two years have taught us anything it is that the future is unpredictable. With this in mind, HSBC has announced the launch of its new experience via Wunderman Thompson Singapore that ... ( read original story ...)
DBS sees rising risks after rate increases boost quarterly profit
SINGAPORE: Singapore's DBS Group warned inflation and geopolitical uncertainty may impact second-half performance too, after the wealth business of the bank suffered in the latest quarter, though ... ( read original story ...)
M’sian MP says M’sia already lost S’pore as customer no matter when chicken export allowed again
Export market lost. Malaysia’s Minister of Agriculture and Food Industries Ronald Kiandee said on Aug. 4 that the export ban on chickens is set to end on Aug. 31. His response was to Kluang MP Wong ... ( read original story ...)
Singapore banks continue to outperform their global peers, says Singapore Exchange
Geoff Howie, markets strategist at the Singapore Exchange, says Singapore's three leading banks — DBS, UOB, and OCBC — have outperformed their global peers considerably since the end of 2019. ( read original story ...)
Singapore Prison refutes claims of officers ‘placing impossible obstacles’ for court application by death row inmates
SINGAPORE - The Singapore Prison Service (SPS) on Thursday (Aug 4) rebutted claims by the sister of a death row inmate scheduled to be hanged on Friday that its officers had intentionally blocked the ... ( read original story ...)
Singapore carriers avoiding areas affected by China’s live firing exercises: CAAS
SINGAPORE: Singapore carriers are avoiding areas affected by China’s live firing exercises near Taiwan, following the ... ( read original story ...)
Singapore prisons rejects claims that it intentionally blocked death row inmate from submitting legal application
The Singapore Prison Service also disputed events laid out in a complaint by the sister of Abdul Rahim Shapiee, who is due to hang on Friday. ( read original story ...)
Singapore’s oldest prisoner is a 90-year-old man serving a 20-year jail sentence
The facility has amenities such as beds, handrails and seated toilets, and it is home to Singapore's oldest prisoner - a 90-year-old man. Join ST's Telegram channel and get the latest breaking news ... ( read original story ...)
Foreign firms told to be ‘careful’ about advocating LGBT issues in Singapore amid Pelosi’s call to back sexual minority rights
The Ministry of Home Affairs said ‘these are matters for Singaporeans to discuss and come to a consensus on how to move forward’. ( read original story ...)
How a celebrity CEO’s rule of fear helped bring down hot Singapore start-up Zilingo
Its 30-year-old co-founder and CEO Ankiti Bose was fired in May amid a probe into alleged financial irregularities. Read more at straitstimes.com. ( read original story ...)
Singapore-based Bitcoin miner scales back Kazakhstan project
Concerns over power supply and cost uncertainties have prompted Singapore-based Bitcoin miner SAI.TECH (SAI) to terminate the remainder of its expansion plans in Kazakhstan, the Nasdaq-listed company ... ( read original story ...)
Singapore’s Star Stock Needs Renewables Push to Keep Going
This year’s surge in energy prices has taken Sembcorp Industries Ltd.’s shares close to their peak, but any further outperformance hinges on its push for a clean-energy portfolio. ( read original story ...)
Here Are All The Licensed Crypto Services Providers in Singapore
Data from MAS’ Financial Institutions Directory show that, as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institution, and 175 Major Payment Institution licenses had been issued. Of ... ( read original story ...)