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Tag: stock market

Posted on 16/04/2024

Daily Cuts – Singapore launches a new Emissions Factors Registry for businesses

Listed companies here will soon need to submit climate-related disclosures relating to their carbon emissions, but many companies say it’s complicated to compile the data accurately. Andrea Heng and Joel Chua of Asia First discuss this new initiative with Musa Fazal,

Posted on 16/04/2024

China c.bank keeps policy rate unchanged, drains cash from banking system

SHANGHAI/SINGAPORE, April 15 (Reuters) - China's central bank on Monday left a key policy interest rate unchanged as widely expected when rolling over maturing medium-term loans, and drained some cash from the banking system through the bond instrument.

Posted on 16/04/2024

Singapore’s outgoing PM to stay on as senior minister, his successor says

Wong, who is also finance minister, credited Lee for Singapore's strong economic growth and said he was glad that he agreed to stay on as senior minister. former Prime Ministers Lee Kuan Yew and Goh ...

Posted on 16/04/2024

S’pore tech start-up myFirst eyes US IPO after partnership with SGX-listed Fu Yu

First is known for its kid-friendly platform that enables children to socialise through its range of wearable products. Read more at straitstimes.com.

Posted on 16/04/2024

Report: Singapore’s SMEs face contraction for 5 straight quarters

Singapore’s small and medium-sized enterprises (SMEs) were in a contract mood for the fifth consecutive quarter, reported Xinhua quoting a report

Posted on 16/04/2024

Singapore’s outgoing prime minister will stay on as senior minister, his successor says

Singapore’s incoming leader says Prime Minister Lee Hsien Loong will stay on as senior minister in the government after he steps down next month.

Posted on 16/04/2024

Incoming Singapore PM says incumbent Lee to serve as senior minister in next cabinet – media

Singapore's prime minister-designate, Lawrence Wong, on Tuesday said the city-state's incumbent leader Lee Hsien Loong would serve as a senior minister in his cabinet after he takes power on May 15.

Posted on 16/04/2024

Eco-friendly data centers help drive $6.3 billion of green investment in Southeast Asia, but report shows more needed

Southeast Asia saw an uptick in green investments in 2023, with a boost from green data center projects, though funding remains insufficient, says a report.

Posted on 16/04/2024

5 men charged over bogus investment schemes that duped 47

The police said on April 15 that Muhammad Muniruddin Mohamed Khairuddin, 38, Osman Japar, 52, and Muhammad Nabil Fatin Osman, 29, allegedly formed part of a team that duped 47 people into investing in ...

Posted on 16/04/2024

Singapore says Lawrence Wong will take over as prime minister on May 15

Singapore has announced that Deputy Prime Minister Lawrence Wong will take over as the country’s next leader on May 15. Wong, 51, will succeed Lee Hsien Loong who has held the top job for 20 years.

Posted on 16/04/2024

Singapore PM Lee To Step Down After Two Decades, Wong To Take Over

Singapore Prime Minister Lee Hsien Loong will step down on May 15 after two decades in power, paving the way for his deputy Lawrence Wong to take the reins.

Posted on 16/04/2024

What Observers Are Saying as Singapore’s Lee Paves Way for Next PM Wong

Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition ...

Posted on 16/04/2024

Singapore shares open lower on Tuesday; STI down 0.3%

SINGAPORE stocks fell at the opening bell on Tuesday (Apr 16) morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East. Read more at The Business Times.

Posted on 16/04/2024

Monetary Authority of Singapore and Mastercard to Enhance Cooperation in Cybersecurity

MAS and Mastercard have reportedly signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity.

Posted on 16/04/2024

Bank Negara pledges support even as ringgit drops towards 26-year low

The ringgit slipped to 4.78 per US dollar, putting it within a whisker of its Feb 21 low of 4.8053. Read more at straitstimes.com.

Posted on 16/04/2024

Singapore’s PM Lee Hsien Loong to hand power in May to deputy Lawrence Wong

Singapore’s widely-respected Prime Minister Lee Hsien Loong will stand down as leader next month to make way for his deputy Lawrence Wong, ending his family’s decades-long hold on power in the ...

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