Singapore is the world’s largest transshipment hub: the container port connects more than 600 ports from 123 countries and has an annual capacity of 50mn 20ft equivalent units, a measure of volume.
With The Stock Down 14% Year, Will Strong Singapore Business Drive LVS Stock Higher Post Q2?
Las Vegas Sands is expected to publish its Q2 2024 results around mid-July. We expect revenues to come in around $2.85 billion, about 11% higher than last year and..
Singapore stocks rally in tandem with most regional markets; STI closes 0.6% higher
SINGAPORE - The Straits Times Index (STI), cued by record-high closings on Wall Street overnight, rose 21.62 points or 0.6 per cent to 3,426.09 on July 9. The S&P 500 and Nasdaq closed 0.1 per cent ...
Investors shift to Singapore after Indian central bank’s curbs on local rupee futures
The jump in open interest on rupee/dollar currency futures on the Singapore Exchange indicates that investors are shifting their arbitrage and hedging activity to the city-state after the Indian ... ( read original story ...)
Rich Chinese return to Hong Kong as Singapore steps up regulatory oversight
Hong Kong has benefited from the reopening of its borders in 2023. The city has efficient connections to Shenzhen and the surrounding Greater Bay Area via its high speed rail line. That is attractive ...
Singapore banks to phase out use of OTP for customers using digital tokens
Major retail banks in Singapore will phase out the use of OTPs for account login for customers who are digital token users within the next three months. These include the three local banks: DBS Bank, ...
Why Lowest Mortgage Rates Are Not the Only Thing Homeowners in Singapore Should Focus On
Ben Goh, Team Lead – Mortgages, PropertyGuru Finance advises it is most important to focus on selecting a loan package that suits your needs. “All banks and lenders are under the purview of the ... ( read original story ...)
Are Singapore Rent Prices for HDB and Condos Finally Coming Down? (2024)
2023 saw a softening of the buoyant rental market. Our latest Singapore Property Market Report Q1 2024 shows that asking rents have stabilised and have been dipping slowly since Q1 2023. So begets the ... ( read original story ...)
Frasers Property secures $904 million sustainability-linked loan
SINGAPORE - Frasers Property’s wholly owned subsidiary, Frasers Property Treasury, has secured a dual-tranche, sustainability-linked loan aggregating $904 million. The group said on July 9 that ... ( read original story ...)
SGX has no immediate plans to allow crypto listings, CEO says
Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said "not at the moment", when asked whether SGX would be open to crypto listings. "I think for any new product launches, it's ...
Watson Listing Plan Still On, Singapore’s Temasek Says
Singapore state-investment company Temasek Holdings said the plan to list A.S. Watson Group remains in place, a potential deal that could be worth billions of dollars.
Singapore’s Temasek doesn’t rule out high-carbon investments on road to net zero
Singapore state fund Temasek will consider investing in fossil fuel and other carbon-intensive projects if they make environmental as well as commercial sense, it said on Tuesday, even as it aims to ...
Singapore state investor Temasek to focus on early adopters of AI in the U.S.; cautious on China
The state investor forecasts that the U.S. will still be the largest destination for its capital, although it is also looking to increase its focus to India and Japan.
Banks in Singapore phasing out OTP login for digital token users to combat scams
Major banks in Singapore will begin phasing out the use of one-time passwords (OTP) for bank account logins by customers who are digital token users. These banks include DBS, OCBC and UOB. The move, ...
Singapore Container Ship Logjam Spills Over to Malaysian Port
Container ship congestion in Singapore, one of Asia’s busiest ports, is spreading to neighboring Malaysia, snarling supply chains and causing delays in the movement of consumer goods.
Singapore banks to phase out use of OTP for login for customers using digital tokens
Major retail banks in Singapore will phase out the use OTPs for account login for customers who are digital token users within the next three months. These include the three local banks: DBS Bank, ...