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Posted on 09/07/2024

Should I Refinance Now Or Hope Mortgage Rates in Singapore Drop in 2025?

Mortgage rates in Singapore have stabilised in 2024, after sharp spikes observed in the post-pandemic era. With the US Fed poised to cut rates four times in 2025, mortgage rates are expected to dip in ... ( read original story ...)

Posted on 09/07/2024

Singapore Exchange Has No Current Plans for Crypto Listings, CEO Says

The CEO of Singapore's primary bourse has said that current conditions are not ripe for the exchange to list any crypto products.

Posted on 09/07/2024

Singapore Exchange Ditches Bitcoin & Crypto ETF Listings, What’s Happening?

Singapore Exchange (SGX) currently has no plans to permit cryptocurrency listings, according to CEO Loh Boon Chye’s latest statement. This view ...

Posted on 09/07/2024

MALAYSIA FEST 2024 TO SHOWCASE LOCAL PRODUCTS IN SINGAPORE FROM JULY 25

The Malaysia Fest 2024 expo from July 25 to July 28 at the Singapore EXPO convention and exhibition centre will showcase a variety of Malaysian food, fashion, beauty and travel products. Federal ...

Posted on 09/07/2024

Singapore port congestion threatens to gum up global trade

Singapore is the world’s largest transshipment hub: the container port connects more than 600 ports from 123 countries and has an annual capacity of 50mn 20ft equivalent units, a measure of volume.

Posted on 09/07/2024

With The Stock Down 14% Year, Will Strong Singapore Business Drive LVS Stock Higher Post Q2?

Las Vegas Sands is expected to publish its Q2 2024 results around mid-July. We expect revenues to come in around $2.85 billion, about 11% higher than last year and..

Posted on 09/07/2024

Singapore stocks rally in tandem with most regional markets; STI closes 0.6% higher

SINGAPORE - The Straits Times Index (STI), cued by record-high closings on Wall Street overnight, rose 21.62 points or 0.6 per cent to 3,426.09 on July 9. The S&P 500 and Nasdaq closed 0.1 per cent ...

Posted on 09/07/2024

Investors shift to Singapore after Indian central bank’s curbs on local rupee futures

The jump in open interest on rupee/dollar currency futures on the Singapore Exchange indicates that investors are shifting their arbitrage and hedging activity to the city-state after the Indian ... ( read original story ...)

Posted on 09/07/2024

Rich Chinese return to Hong Kong as Singapore steps up regulatory oversight

Hong Kong has benefited from the reopening of its borders in 2023. The city has efficient connections to Shenzhen and the surrounding Greater Bay Area via its high speed rail line. That is attractive ...

Posted on 09/07/2024

Singapore banks to phase out use of OTP for customers using digital tokens

Major retail banks in Singapore will phase out the use of OTPs for account login for customers who are digital token users within the next three months. These include the three local banks: DBS Bank, ...

Posted on 09/07/2024

Why Lowest Mortgage Rates Are Not the Only Thing Homeowners in Singapore Should Focus On

Ben Goh, Team Lead – Mortgages, PropertyGuru Finance advises it is most important to focus on selecting a loan package that suits your needs. “All banks and lenders are under the purview of the ... ( read original story ...)

Posted on 09/07/2024

Are Singapore Rent Prices for HDB and Condos Finally Coming Down? (2024)

2023 saw a softening of the buoyant rental market. Our latest Singapore Property Market Report Q1 2024 shows that asking rents have stabilised and have been dipping slowly since Q1 2023. So begets the ... ( read original story ...)

Posted on 09/07/2024

Frasers Property secures $904 million sustainability-linked loan

SINGAPORE - Frasers Property’s wholly owned subsidiary, Frasers Property Treasury, has secured a dual-tranche, sustainability-linked loan aggregating $904 million. The group said on July 9 that ... ( read original story ...)

Posted on 09/07/2024

SGX has no immediate plans to allow crypto listings, CEO says

Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said "not at the moment", when asked whether SGX would be open to crypto listings. "I think for any new product launches, it's ...

Posted on 09/07/2024

Watson Listing Plan Still On, Singapore’s Temasek Says

Singapore state-investment company Temasek Holdings said the plan to list A.S. Watson Group remains in place, a potential deal that could be worth billions of dollars.

Posted on 09/07/2024

Singapore’s Temasek doesn’t rule out high-carbon investments on road to net zero

Singapore state fund Temasek will consider investing in fossil fuel and other carbon-intensive projects if they make environmental as well as commercial sense, it said on Tuesday, even as it aims to ...

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