Maybank Securities economists Chua Hak Bin and Brian Lee said that the strong 4Q recovery heralds a brighter outlook for 2024. Singapore’s GDP for the 4Q2023 and full year came in above their ...
SG To Hike Consumption Tax Rate to 9% from New Yr’s Day; Some Retailers To Bear Tax Hike
Singapore will hike its consumption tax rate by 1 ppt to 9% from New Year's Day, the second rate hike since a 1 ppt increase this year, according to Reuters. The tax rate remained unchanged for the ...
Singapore woman admits ‘vicious’ hotpot attack that permanently scarred man
Lim Si Hui was caught on closed-circuit television flipping a pot of boiling soup onto the victim after claiming he had damaged her mobile phone.
Singapore shares fall at Wednesday’s open; STI down 0.8%
SINGAPORE stocks opened weaker on Wednesday (Jan 3) following overnight losses in the US and Europe after technology stocks took a beating. Read more at The Business Times.
United States acts as top cop — setting the crypto standards for the world
In a year that saw crypto giant Binance hit with a $4 billion settlement and high-profile SEC lawsuits, regulators overseas have been busy pursuing new laws.
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
Shares of Coinbase, bitcoin miners endured sharp drawdowns Tuesday despite BTC's strong showing ahead of spot ETF decision.Crypto stocks appeared ...
Singapore’s Shanmugam receives apology from ex-Reform Party member who spread TikTok rumours about ‘extramarital affair’
Thaddeus Thomas, former Reform Party member, posted an apology on TikTok and Facebook, admitting the ‘scurrilous allegations’ he had shared about K Shanmugam were false.
Singapore’s clandestine cats can soon legally call the city-state home
Cats were allowed in HDB flats until parliament amended the housing law in 1989. (Envato Elements pic) SINGAPORE: Sunny prides herself on being a law-abiding Singaporean citizen, but for the last ...
Tourist “absolutely amazed” by Singapore asks why Singaporeans don’t like their country
In reality, I hear Singaporean complain alot, choose to immigrate to western countries ... Why is that?" the tourist wrote ...
Singapore’s investment outlook in 2024 unlikely to be hurt by Significant Investments Review Bill
GLOBAL economic uncertainty aside, one question for Singapore’s foreign investment outlook in 2024 is a proposed law to scrutinise significant investments in critical entities. Read more at The ...
Singapore banks had a Goldilocks year in 2023, but 2024 not likely to be as benign amid tepid loan growth
SINGAPORE banks are unlikely to replicate the tremendous year they had in 2023, which saw them report record earnings thanks to Goldilocks conditions. Higher interest rates boosted their interest ...
Despite some misbehaving customers, Singapore’s heartland shops warm to CDC vouchers as scheme enters 5th year
Merchants and hawkers tell CNA the cash has generally helped their business, with some patrons spending more on things like hair perms and even mobile phones.
HSBC expects commodity prices to remain high in 2024, drop in 2025
HSBC forecast on Tuesday (Jan 2) that squeezed supply, improved Chinese demand and the global energy transition will keep commodity prices elevated in 2024, before falling the following year. Read ...
Woman says her investments “not doing great” so she keeps S$200K “safe” in the bank
SINGAPORE: In a recent social media post, user u/WestgateLaksa sparked a discussion about financial strategies... The post Woman says her investments “not doing great” so she keeps S$200K “safe” in th ... ( read original story ...)
Singapore House Price Growth Slows For Second Year, Sales Hit 7-Year Low: URA
House prices in Singapore grew at a slower pace for the second year in a row in 2023, though sales volumes were the lowest in seven ... ( read original story ...)
HSBC Wraps Up Sale of France-Based Retail Banking Business
HSBC Holdings HSBC has completed the divestiture of its France-based retail banking business. The company sold the business to Crédit Commercial de France (“CCF”), a subsidiary of My Money Group, ...