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Posted on 02/05/2023

Maiden ASEAN-India Maritime exercise starts in Singapore! Ten countries to participate

The week-long drills (May 2-8, 2023) aimed at “enhancing interoperability and exchange of best practices among participating navies" is expected to be inaugurated by Indian Chief of Naval Staff Admiral R Hari Kumar.

Posted on 02/05/2023

Singapore Deputy PM allays property price fears

SINGAPORE: Prime Minister-in-waiting Lawrence Wong used a May Day rally to address concerns over a red-hot property market fuelling economic inequality, saying citizens will always have affordable homes.

Posted on 02/05/2023

US lawmakers ask SEC to halt Shein IPO over Uyghur concerns: report

US lawmakers have reportedly asked the US Securities and Exchange Commission to halt Shien's proposed initial public offering until it is able to prove it doesn't use Uyghur forced labor to ...

Posted on 02/05/2023

Singapore bank DBS Q1 profit jumps 43% to new high, beats estimates

SINGAPORE, May 2 (Reuters ... Yantoultra graduated with an MBA in Finance from Universiti Putra Malaysia in 2010. A U.S. judge in California on Monday declared a mistrial in Masimo Corp's potential ...

Posted on 02/05/2023

Singapore’s DBS bank posts record Q1 profit, beating estimates

SINGAPORE (Reuters) -Singapore's biggest bank DBS Group reported record first-quarter profit on Tuesday, rising a stronger-than-expected 43% from a year earlier on a higher net interest margin, ...

Posted on 02/05/2023

Home can be our best safe haven when it comes to investing in bonds

A good mix of Singdollar and US dollar bonds could be beneficial to an investor’s portfolio. Read more at straitstimes.com.

Posted on 02/05/2023

Singapore bank DBS reports Q1 profit jumps 43% to new high

Singapore's biggest bank, DBS Group, reported a 43% jump in quarterly profit on Tuesday to a record high, citing higher net interest margin, sustained business momentum and resilient asset quality.

Posted on 02/05/2023

CLAS remains analysts’ top pick within Singapore hospitality sector after 1Q business update

Analysts from PhillipCapital and CGS-CIMB Research have kept their "add" and "buy" calls with unchanged TPs of $1.26 and $1.27.

Posted on 02/05/2023

Australia should be regional tech leader: Singapore

Australia should lead Southeast Asia in pushing for green, bio and digital technology uptake as the international environment becomes increasingly multipolar, according to Singaporean Foreign Minister ...

Posted on 02/05/2023

US Lawmakers Push the SEC to Order Audit of Shein IPO Over Uyghur Forced Labor Fears

The U.S. lawmakers want the SEC to mandate Shein to independently audit and verify "that the company does not use Uyghur forced labor as a condition of being registered to issue securities in the ...

Posted on 01/05/2023

DBS launches tool in mobile app to help those below 55 years old plan for retirement

CPF members can use the tool to benchmark retirement savings and address any shortfall. Read more at straitstimes.com.

Posted on 01/05/2023

Singapore faces slower growth in 2023, but seen to avoid contraction

Singapore—Singapore is expected to post slower economic growth this year but it “should avoid an outright contraction”, Prime Minister Lee ...

Posted on 01/05/2023

S’pore Can’t Outbid Major Economies, Must Invest & Innovate To Stay Competitive: Lawrence Wong

In his May Day speech, DPM Lawrence Wong shared the grim outlook on the global economy and how Singapore can stay competitive.

Posted on 01/05/2023

Singapore must find ‘right niches’, leverage hub status to thrive in fragmented global economy: Lawrence Wong

Singapore is feeling the impact of geopolitics shifting the flow of direct investments and cannot 'afford to outbid the big boys', says the country's No 2 leader Wong also reiterates the government is ...

Posted on 01/05/2023

Crypto Exchange Luno exits Singapore; Dogecoin, Shiba Inu, & Signuptoken.com record gains

Luno, a digital currency trading platform that belongs to Digital Currency Group, has made a public statement declaring that it will be terminating its services in Singapore. This decision is a ...

Posted on 01/05/2023

Over half of all new vans in Singapore registered in Q1 2023 were electric

Some 51.9 per cent of new vans registered in Singapore in the first three months of 2023 were electric vehicles (EVs).

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