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Posted on 05/07/2022

SGX Nifty up 45 points; here’s what changed for market while you were sleeping

Asian stocks shares opened with gains Tuesday morning thanks to speculation that US President Joe Biden is preparing to wind back some of the tariffs imposed on Chinese goods by Donald Trump. MSCI's ... ( read original story ...)

Posted on 05/07/2022

Singapore may limit retail participation in crypto

The Monetary Authority of Singapore (MAS) is mulling additional consumer protection safeguards on crypto, Tharman Shanmugaratnam, the minister in charge of the central bank, told Parliament. See ... ( read original story ...)

Posted on 05/07/2022

Insight – Singapore’s Beverly Hills shows signs of froth

LES Maisons is a low-rise development of just 14 units coming up on Nassim Road, a leafy street nestled between the bustling shopping district of Orchard Road on one end and the expansive quiet of the ... ( read original story ...)

Posted on 05/07/2022

2022 Singapore Banks Mid-Year Review: Where Are They Headed from Here?

We take a look at how banks have performed this year and the factors influencing their business for the remainder of 2022. The post 2022 Singapore Banks Mid-Year Review: Where Are They Headed from ... ( read original story ...)

Posted on 05/07/2022

Singapore President, Parliament Speaker, and minister test positive for Covid

Singapore President Halimah Yacob, Speaker of Parliament Tan Chuan-Jin, and Minister Edwin Tong have tested positive for Covid-19. Madam Halimah, 67, said in a Facebook post on Monday, “Just tested ... ( read original story ...)

Posted on 05/07/2022

Singapore govt mulls stronger laws against renovation fraud, after 100 cases reported between 2019 and 2021

The Ministry of Home Affairs (MHA) is mulling legal amendments to make it easier to establish that renovation fraud has occurred, after the ... ( read original story ...)

Posted on 05/07/2022

CHART OF THE DAY: IPOs in Singapore and neighbouring markets

IPOs raised $614.7m (US$0.44b) from January to May 2022 Singapore’s initial public offering (IPO) posted $617.4m ($US440m) funds raised from January 2022 to May 2022 from 10 offers, PwC said in its ... ( read original story ...)

Posted on 05/07/2022

Singapore DPM: Delaying GST hike would be ‘highly irresponsible’, risking persistent shortfall in govt funding

Any delay in increasing the Goods and Services Tax (GST) would be “highly irresponsible” since it would put Singapore at risk of a ... ( read original story ...)

Posted on 05/07/2022

Singapore’s manufacturing PMI declines to 50.3 in June

The Singapore purchasing managers' index (PMI), an early indicator of manufacturing activity, edged down 0.1 points from the previous month to post a slightly slower rate of expansion at 50.3 this ... ( read original story ...)

Posted on 05/07/2022

Singapore’s Tiny Second Airport Eyes Future as a Flying Taxi Hub

Just 20 minutes north-west of Singapore’s Changi Airport -- regularly voted the world’s best -- is Seletar Airport, the city-state’s second, and far well less known, airfield. It’s predominantly where ... ( read original story ...)

Posted on 05/07/2022

Why Singapore’s meritocrity is in for a shake-up

Deputy Prime Minister urges business to promote staff not just on credentials, but on skills and actual work performance ... ( read original story ...)

Posted on 05/07/2022

Singapore govt urged to halt hanging of Punjab-origin Malaysian drug trafficker

he Anti-Death Penalty Asia Network delivered a statement to Singapore’s embassy urging that Kalwant’s execution be suspended to allow him an opportunity to file for clemency Kalwant Singh, who was ... ( read original story ...)

Posted on 05/07/2022

Singapore’s Central Bank Weighs Further Safeguards on Retail Crypto Trading

The Monetary Authority of Singapore (MAS) is considering introducing further safeguards on access to crypto among the general public, a senior government minister said. Tharman Shanmugaratnam, ... ( read original story ...)

Posted on 05/07/2022

HSBC Plans to Re-Launch Private Banking Business in India

HSBC Holdings plc HSBC, which has continuously been making efforts to expand its presence in the growing Asia markets, plans to re-launch its private banking business in India in a year. The news was ... ( read original story ...)

Posted on 05/07/2022

No indication from Malaysia as to when chicken export ban will end

Minister Grace Fu also says being adaptable and flexible when it comes to food choices is important. Read more at straitstimes.com. ( read original story ...)

Posted on 05/07/2022

Singapore’s Electronics PMI Rose in June

Singapore's electronics purchasing managers index rose in June as a quicker expansion in new orders and new exports ... ( read original story ...)

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