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Posted on 14/09/2023

Singapore stocks rise as US inflation data stays within expectations; STI up 1%

THE Straits Times Index (STI) rose 1 per cent, or 30.58 points, to 3,249.51 amid a regional rally on Thursday (Sep 14). Read more at The Business Times.

Posted on 14/09/2023

DBS chief says China pessimism not ‘overdone’, upbeat about India

DBS Group Chief Executive Piyush Gupta said current widespread pessimism about China's economy was not "overdone" but he was upbeat about India, where the bank plans to triple its business in the next ...

Posted on 14/09/2023

MOM officer gets 5 weeks’ jail for asking former DBS employee to find out his ministry colleagues’ salaries

Curious about his own standing relative to his colleagues at the Ministry of Manpower, a man reached out to a former co-worker at DBS to help him to find out their salary details by conducting an ...

Posted on 14/09/2023

Singapore middle distillates stocks near 6-mth high despite exports

Singapore's middle distillates inventories hit a near six-month high, official data showed on Thursday, as jet fuel/kerosene net exports were little changed despite rising gasoil net exports ...

Posted on 14/09/2023

Out in Singapore on Sep 22, Apple iPhone 15 will let users play console games

Pre-orders of the new Apple iPhone 15 can be made immediately, with Sept 22 the magic date when they go on sale in the shops in Singapore.

Posted on 14/09/2023

Singapore reaping rising investment from India, China, Southeast Asia – official

Singapore has seen increasing investments from India, China, and Southeast Asia in recent years even as the U.S. remains its largest investor, its investment chief said on Thursday.

Posted on 14/09/2023

Singapore Consumer Sentiment Study H2 2023

H2 2023 revealed that the overall Sentiment Index remained unchanged at 43 points in H2 2023, same as in H1 2023. Read on for more insights. ( read original story ...)

Posted on 14/09/2023

UOB Kay Hian keeps ‘buy’ on CDL Hospitality Trusts with lower TP of $1.48

Analyst Jonathan Koh says the REIT will benefit from increased contributions from Grand Copthorne Waterfront Hotel in 2HFY2023.

Posted on 14/09/2023

DBS chief says China pessimism not ‘overdone’ but upbeat about India prospects

DBS Group chief executive Piyush Gupta said current widespread pessimism about China’s economy was not “overdone” but he was upbeat about India, where the bank plans to triple its business in the next ...

Posted on 14/09/2023

DBS chief says wealth management business benefiting from inflows

DBS Group's wealth management business has benefited from inflows from across Asia, the Middle East and European regions recently, Chief Executive Piyush Gupta said on Thursday.

Posted on 14/09/2023

MOM officer gets jail for illegally obtaining co-workers’ salary details through ex-colleague from DBS

SINGAPORE: A Ministry of Manpower (MOM) officer who had asked an ex-colleague from DBS Bank to access the salary information of MOM colleagues was jailed for five weeks on Thursday (Sep 14).

Posted on 14/09/2023

Singapore businesses continue to face challenges from elevated wage cost pressures: DBS

This is on the back of a tight labour market spurred by the post-pandemic recovery and competition for talent.

Posted on 14/09/2023

Singapore takes a long-term view of China’s development: minister

China faces complex challenges in its economic trajectory, but its determination to overcome them should not be underestimated, Singapore’s Minister-in-charge of the Public Service Chan Chun Sing told ...

Posted on 14/09/2023

Singapore Crypto Policy Turned Conservative After FTX, Zhao Says

Singapore’s approach to crypto became more conservative after the collapse of FTX but the island remains crypto friendly overall, said Changpeng ‘CZ’ Zhao, chief executive of the Binance digital-asset ...

Posted on 14/09/2023

Singapore’s Bayfront prices $410 million infrastructure asset-backed securities

(Reuters) - Singapore-based Bayfront Infrastructure Management has ... it added. Asian Infrastructure Investment Bank (AIIB), one of the world’s largest multilateral development institutions, ...

Posted on 14/09/2023

Tiger Brokers affiliate, Tiger Fund Management, launches in Singapore with $300 mil AUM

Tiger Fund Management will offer asset management products and wealth management services to individuals and businesses.

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