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Posted on 22/11/2024

Singapore property rental scams have cost victims over $2.7 million in 2024

From January to October 2024, there were over 430 reported cases of fraud where scammers impersonated agents registered with the Council for Estate Agencies (CEA). ( read original story ...)

Posted on 22/11/2024

Singapore raises 2024 growth forecast, but expects economy to slow in 2025 amid global uncertainties

"Against this backdrop, the growth outlook of the manufacturing sector and trade-related services sectors in Singapore remains positive," Dr Beh said. The electronics cluster is projected to continue ...

Posted on 22/11/2024

Singapore hikes 2024 outlook after topping third-quarter forecasts

Singapore said Friday its economy grew more than expected in the third quarter and raised its forecast for the year thanks to stronger demand from key trading partners. The trade ministry said it saw ...

Posted on 22/11/2024

Near-term volatility drives SGX to 17-year peak on higher turnover

SHARES of Singapore Exchange (SGX) charged to their highest since December 2007, driven by near-term volatility as turnover and trading volumes advance. Read more at The Business Times.

Posted on 22/11/2024

Singapore Bourse Poised To Halt Its Slide

The Singapore stock market has finished lower in two straight sessions, slipping almost 20 points or 0.6 percent in that span. The ...

Posted on 22/11/2024

5 Finfluencers You Should Follow: Top Finance Influencers in Singapore

These days, you can learn anything online. In today’s digital age, we can plan entire trip itineraries without ever leaving TikTok and learn how to change a car tyre simply by following a YouTube ...

Posted on 22/11/2024

Morgan Stanley opens new Southeast Asia headquarters in Singapore

Morgan Stanley said it opened its new Southeast Asia headquarters in Singapore's swanky downtown business district this week.An expanding list of global investors and financial institutions have ...

Posted on 22/11/2024

CapitaLand Warns of China Losses as Singapore Property Investor Cuts Exposure

CapitaLand Investment Ltd., one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis. ( read original story ...)

Posted on 22/11/2024

Singapore’s residential market expects boost in sales, prices in Q4

Strong demand for newly launched residential projects in Singapore may boost primary sales and overall property prices in the fourth quarter. ( read original story ...)

Posted on 22/11/2024

Singapore stocks rose on Friday’s open—STI gained 0.3%

Banking stocks were mixed on Friday’s open. UOB rose 0.4%, or S$0.15, to S$36.30, while OCBC gained 0.3%, or S$0.05, to S$16.48. DBS dipped inched down 0.02%, or S$0.01, to S$42.55.

Posted on 22/11/2024

Singapore’s outstanding business leaders and innovators lauded at SBR Management Excellence Awards 2024

The awards programme honoured Singapore’s top business leaders, innovators, and teams for their exceptional contributions to business growth, employee well-bein ...

Posted on 22/11/2024

Court lifts veil on fraudulent diamond investment scheme; $2.38m in damages awarded

The ring was bought off the shelf for about $25,000 and presented to investors as being worth $13.8 million. Read more at straitstimes.com.

Posted on 22/11/2024

Diamonds aren’t forever: Singapore court exposes ‘Jane Seymour’ gem as RM45m synthetic hoax

A three-year legal battle involving a Singaporean and a fraudulent multimillion-dollar diamond investment has come to light after the country’s Court ...

Posted on 22/11/2024

Singapore’s GDP growth forecast revised upward for 2024, outlook mixed for 2025

Singapore’s GDP is projected to grow at “around 3.5 per cent” in 2024, an upward revision by the Ministry of Trade and Industry (MTI). Growth slowed in 2025 to a projected “1.0 to 3.0 per cent”.

Posted on 22/11/2024

Singapore cuts 2024 key exports forecast again on weaker-than-expected recovery

Volatile segments such as pharmaceuticals could continue to weigh on rest of 2024 performance. Read more at straitstimes.com.

Posted on 22/11/2024

Singapore downgrades 2024 export forecasts again on weaker-than-expected recovery

SINGAPORE has narrowed its 2024 full-year forecasts for both non-oil domestic exports (NODX) and total merchandise trade, on a worse-than-expected recovery in the second half of this year. This was ...

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