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Posted on 23/11/2022

Singapore Bank DBS Completes Fixed Income Trade on JPMorgan’s Blockchain Network Onyx

DBS (D05), Singapore's largest bank by market cap, said it has become the first Asian bank to use JPMorgan's (JPM) blockchain-based fixed income trading network Onyx, joining international heavyweights including Goldman Sachs (GS) and BNP Paribas (EPA).

Posted on 23/11/2022

Singapore’s official 2023 growth forecast gloomier than expected: analysts

SINGAPORE’S economic growth is officially forecast to slow to between 0.5 per cent and 2.5 per cent in 2023, a range that private-sector economists find surprisingly low. Read more at The Business Times.

Posted on 23/11/2022

Singapore among 4 countries to nominate the kebaya for UNESCO Intangible Cultural Heritage list

Singapore, Brunei, Thailand and Malaysia aim to submit the nomination of the kebaya to UNESCO in March 2023, with the result expected to be announced at the end of 2024.

Posted on 23/11/2022

Singapore October Core Inflation Rises 5.1%, Less Than Forecast

The core inflation rate - the central bank's favoured price measure - rose to 5.1% in October on a year-on-year basis, compared with 5.3% in September. A Reuters poll of economists had forecast a 5.3% ...

Posted on 23/11/2022

Singapore police say investigations into Binance.com ongoing

(Bloomberg) — Singapore police are investigating Binance.com over a possible breach of local payment services rules. “Police investigations are ongoing and we are unable to comment further,” according to a statement from the police in response to ...

Posted on 23/11/2022

Singaporean Distributor Springmount Services Brings Australian Eco-Friendly Brand Natroshield To Singapore

Natroshield, an Australian innovator in the fast-growing market of non-toxic and alcohol-free disinfectants, mould control, and sanitisers, has announced a distribution deal with local distributor Springmount Services.

Posted on 23/11/2022

Singapore narrows 2022 growth forecast to ‘around 3.5pc’, sees a lower 0.5-2.5pc expansion in 2023

Singapore's economy is expected to see slower growth of 0.5 to 2.5 per cent in 2023, compared to a forecasted 3.5 per cent growth in 2022 — ...

Posted on 23/11/2022

Singapore projects GDP growth to ease in 2023 amid global slowdown

Singapore on Wednesday forecast its economic growth would slow to between 0.5% and 2.5% in 2023 from about 3.5% this year amid global economic pressures that would hit demand for the city-state's ...

Posted on 23/11/2022

Singapore Q3 GDP grows 4.1% y/y, slower than first estimated

Singapore's economy expanded less than initially estimated in the third quarter, official data showed on Wednesday. Gross domestic product (GDP) grew 4.1% year-on-year in the third quarter, the ...

Posted on 23/11/2022

Singapore central bank explains why Binance was on its alert list, but FTX wasn’t

The Monetary Authority of Singapore released a statement on its handling of cryptocurrency exchanges Binance and FTX before the latter’s sudden collapse earlier in November.

Posted on 22/11/2022

Singapore Police Says Investigations Into Binance.com Ongoing

The Singapore police is investigating Binance.com over a possible breach of local payment services rules. “Police investigations are ongoing and we are unable to comment further,” according to a statement from the police in response to queries from Bloomberg News.

Posted on 22/11/2022

Singapore Air Adds Asia Flights, Trims Some US Services in Rejig

Singapore Airlines Ltd. will add flights to East and Southeast Asia from early next year and trim some US services as it tweaks routes and plane allocations to get a head start over rivals as nations ease travel restrictions.

Posted on 22/11/2022

Singapore cop charged with corruption allegedly received S$32,500 in bribes

A police officer in Singapore was charged with seven counts of corruption and three counts of obstruction of justice.

Posted on 22/11/2022

Singapore Airlines to increase flights across East and Southeast Asia destinations

Destinations in East Asia and Southeast Asia, include Bangkok in Thailand; Busan and Seoul in South Korea; Fukuoka, Nagoya and Osaka in Japan; Ho Chi Minh City in Vietnam; Kuala Lumpur in Malaysia; Siem Reap in Cambodia;

Posted on 22/11/2022

Singapore was second-biggest user of FTX pre-collapse, averaging 240,000 unique visitors a month

Singapore investors accounted for 5% of the web traffic to FTX.com, based on its number of monthly unique visitors. Read more at straitstimes.com.

Posted on 22/11/2022

Surge in demand for green, digital, care skills in Singapore in last 4 years: SkillsFuture report

SINGAPORE - Demand for workers with skills in the digital, green and caregiving spheres has surged over the last four years, the latest report by SkillsFuture Singapore has found. Read more at straitstimes.

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