Alvin Liew, Senior Economist at UOB Group, comments on the release of Retail Sales figures in Singapore. Key Takeaways “Singapore’s retail sales declined by -1.4% m/m, followi ... ( read original story ...)
Singapore Crypto Platform Hodlnaut Suspends Withdrawals
The platform, whose LinkedIn page claims $500 million in assets under management, is the latest in a lengthening line of crypto asset managers to have been caught out by the sharp drop in Bitcoin and ... ( read original story ...)
Property buyers, developers buoyed by en-bloc sales face risks from possible recession, rising interest rates: Analysts
With the en bloc market stirring in Singapore, the stakes have risen for both developers and property owners looking to jump onto the collective sale bandwagon, given the current climate of rising ... ( read original story ...)
Singapore’s PM warns of risk of US-China miscalculation
US-China relations are worsening, with intractable issues, deep suspicions, and limited engagement,” Lee said. “This is unlikely to improve anytime soon. Furthermore, miscalculations or mishaps can ... ( read original story ...)
‘A storm is gathering around us,’ says Singapore’s PM Lee amid US-China tensions
Lee also pointed out that Russia’s invasion of Ukraine, which began on 24 February, has had profound implications for Singapore. Here's what he said. ( read original story ...)
Singapore’s safe haven status amplified as geopolitical risks rise
IN a post-pandemic world that is seeing increasing geopolitical tensions and uncertainties, Singapore has solidified its status as a safe harbour for wealthy investors navigating turbulent seas. Read ... ( read original story ...)
Singapore-based crypto lender Hodlnaut suspends withdrawals
Hodlnaut, a Singapore-based crypto currency lender and borrower has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency industry. ( read original story ...)
Singapore PM Warns of Worsening Geopolitical Climate in National Address
Singapore Prime Minister Lee Hsien Loong on Monday warned of the scope for miscalculations over tensions in the Taiwan Strait, which he said were unlikely to ease soon amid deep suspicion and limited ... ( read original story ...)
Singapore PM Warns Inflation, Interest Rates Could Remain High
With inflation and interest rates set to stay high, Singapore is prepared to increase support measures to help deal with the increased cost of living, Prime Minister Lee Hsien Loong said. ( read original story ...)
Singapore to gazette Padang as a national monument on National Day
The Padang - a site of countless historic events in Singapore's history - will officially be gazetted as the nation's 75th national monument on Tuesday (Aug 9), the 57th anniversary of the Republic's ... ( read original story ...)
‘Storm is gathering’ – Singapore PM warns of risk of U.S.-China miscalculation
SINGAPORE — Singapore Prime Minister Lee Hsien Loong on Monday warned of the scope for miscalculations over tensions in the Taiwan Strait, which he said were unlikely to ease soon amid deep ... ( read original story ...)
LIVE: PM Lee delivers Singapore’s National Day Message 2022 (TRANSCRIPT)
It will also be uploaded on the Prime Minister's Office Singapore's website and its YouTube channel following the broadcast. Deputy Prime Minister and Minister for Finance Lawrence Wong's message in ... ( read original story ...)
Singapore banks beef up green credentials
Singapore’s three homegrown banks reported resilient earnings over recent weeks, buoyed in part by rising interest rates. A common thread which passed without much fanfare in all their reports is the ... ( read original story ...)
HSBC Names Patrick Boumalham New Global Head Of Wealth Sales
HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in September, according to an internal memo seen by Reuters and confirmed by a ... ( read original story ...)
Mobile users are spending 20% more time in apps
Consumers are still hungry for mobile content despite lockdowns coming to end. According to new research from data.ai, users in the UK now spend more than 4 hours a day using apps. That’s an average ... ( read original story ...)
Shops at Singapore’s Nex shopping mall affected by water leakage reopen for business
Several shops in the two basements of Nex shopping mall in Serangoon reopened for business on Monday (Aug 8) after suspending operations on Sunday due to water leakage. ( read original story ...)