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Posted on 06/02/2024

SRS contributions are great for tax savings but may not be for everyone

Find out more about subscription packages here. TAX season is almost upon us, with tax filing season typically beginning on Mar 1. While Singapore’s personal income tax rate is generally considered to ...

Posted on 06/02/2024

LTE Meaning: Understanding the Cell Phone Technology

Next to the battery icon on your phone, you see "LTE," meaning ... meaning what, exactly? Learn how LTE helps you stream while also enabling smart cities.

Posted on 06/02/2024

Singapore’s Oobit gets $25 million funding from investors, including crypto firm Tether

Singapore's mobile payment app firm Oobit said on Monday it had raised $25 million in a funding round amid expansion plans as it pushes to advance the adoption of cryptocurrencies as a means of ...

Posted on 06/02/2024

UOB share price steady; late former chairman built ‘deep management bench, clear succession’

Apart from the stable share price, trading in UOB’s shares was also higher than usual. Read more at straitstimes.com.

Posted on 06/02/2024

Red Sea attacks have led to ‘some delays’ in Singapore’s imports from Europe: Gan Kim Yong

SINGAPORE: Attacks on vessels and tankers in the Rea Sea have caused "some delays" in Singapore's imports from Europe, Trade and Industry Minister Gan Kim Yong said on Monday (Feb 5). These imports ...

Posted on 05/02/2024

Singapore’s Oobit gets $25 mln funding from investors, including crypto firm Tether

SINGAPORE, Feb 5 (Reuters ... Investors in the Series A funding round included the investment arm of crypto firm Tether, Hong Kong-based venture capital firm CMCC Global's Titan Fund, technology ...

Posted on 05/02/2024

Asean property stocks: Positioning for falling interest rates in 2024

AS THE interest rate cycle turns this year, we see opportunities arising among property stocks across Asean including Singapore. Read more at The Business Times. ( read original story ...)

Posted on 05/02/2024

Clear succession plan, strong management team keep UOB share prices steady: Analyst

SINGAPORE - Shares of UOB fell by around 1 per cent when they commenced trading on Feb 5, two days after the bank’s former chairman and chief executive Wee Cho Yaw died, but rebounded slightly during ...

Posted on 05/02/2024

‘He has given a lot to Singapore’: Business leaders, staff pay tribute to Wee Cho Yaw

Deputy Prime Minister Lawrence Wong, the founder of Neo Group and Jumbo Group's CEO were among the attendees at the wake.

Posted on 05/02/2024

Singapore’s bank OCBC doubles SMEs sustainable financing to $5.2 bln in 2023

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) has more than doubled the sustainable financing it extended to small and medium enterprises (SMEs) to over S$7 billion ($5.20 ...

Posted on 05/02/2024

High-Yield! 4 Singapore REITs with at least 5.4% distribution yields

SINGAPORE: Singapore’s Real Estate Investment Trusts (REITs) have proven robust despite inflation threats, providing a steady source of dividends for income investors. Here are four Singapore REITs ...

Posted on 05/02/2024

Singapore-based CLINT to invest in three industrial facilities at OneHub Chennai

CHENNAI: Singapore-based CapitaLand India Trust (CLINT) will acquire three industrial facilities of Casa Grande Group with a total net leasable area of 0.79 million sq ft at OneHub Chennai for Rs 268 ...

Posted on 05/02/2024

Singapore shares fall amid signal of slower-than-expected US rate cuts, STI down 1.4%

Key regional indexes were mostly down. Hong Kong’s Hang Seng Index inched down 0.2 per cent, while South Korea’s Kospi Composite Index shed 0.9 per cent. The FTSE Bursa Malaysia Kuala Lumpur Composite ...

Posted on 05/02/2024

Singapore passes law to hold ‘dangerous offenders’ beyond prison terms

Singapore on Monday passed a law to hold "dangerous offenders" indefinitely, even after they complete their jail sentences. ( read original story ...)

Posted on 05/02/2024

Singapore shares sink on Monday after Powell signals slower-than-expected rate cuts; STI down 1.4%

SINGAPORE shares ended Monday (Feb 5) in the red, after United States Federal Reserve chair Jerome Powell said the Federal Open Market Committee is unlikely to make a rate cut in March. Read more at ... ( read original story ...)

Posted on 05/02/2024

Singapore jails helper who stole more than US$30,000 from employer with dementia

Albertina Kallu remitted the entire amount to her bank account in Indonesia and spent it all, including on building a house, the court heard. ( read original story ...)

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