The Business Times

2023-07-05 08:02:16 MAS allocates 2% of its portfolio to climate transition

MAS has decided to “start small”, but has plans to scale up as it gains confidence in the effectiveness of the climate indices it has used to tilt its equities portfolio.

https://bt.sg/5CoM Open / Comment

2023-07-05 06:45:46 MAS records largest ever loss of S$30.8 billion following policy tightening to bring down inflation

This is the second year MAS has recorded a net loss, following a net loss of S$7.4 billion recorded in FY21/22.

https://bt.sg/5CoG Open / Comment

2023-07-05 06:20:18 Singapore economy set to bottom, may spark STI re-rating

GDP growth could rebound in six to 12 months, says this analyst, who also expects the STI to arrive at a target index level of 4,070 by end-2025.

https://bt.sg/5CZ2 Open / Comment

2023-07-05 04:55:13 EVs move closer to price parity with normal cars as cheaper models enter Singapore

New entrants have increased the range of EVs priced below the S$160,000 mark, the current price of a typical mainstream sedan.

https://bt.sg/5CZW Open / Comment

2023-07-05 03:42:01 MOM clarifies CPF Board has no intention to consider scheme to insure members against scam losses

This comes after Minister of Manpower Tan See Leng suggested in Parliament that insurance to assist in the recovery of money lost to scams is being considered under a framework.

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2023-07-04 16:01:51 Musk, Zuckerberg lead US$852 billion wealth surge among world rich

Each member of the Bloomberg Billionaires Index made an average of US$14 million per day over the past six months.

https://bt.sg/59tw Open / Comment

2023-07-04 14:45:23 CPF rate pegs being watched to ensure they ‘remain relevant’ in rising rate environment: MOM

Other interest-bearing products, such as deposits with conditional interest rates, are not comparable with the OA, adds Minister for Manpower Tan See Leng.

https://bt.sg/59v8 Open / Comment

2023-07-04 13:30:48 Singapore’s a magnet for mega stars like Taylor Swift, Jacky Cheung: Here’s why

Partnerships, investments, government support and a good track record all play their part in bringing in high-quality events.

https://bt.sg/59KW

UOB’s bet on Taylor Swift pays off as concertgoers rush for card sign-ups: https://bt.sg/59te Open / Comment

2023-07-04 12:15:17 Singapore private home prices slip for first time in 3 years but it may be too early to call market peak

The second-quarter decline is the first drop since Q1 2020 and contrasts with the 3.3% rise in the previous quarter, signalling moderation in the market.

https://bt.sg/59yQ Open / Comment

2023-07-04 11:01:29 Zipmex sues investor, proposes new scheme after US$100 million deal fails

Singapore-based crypto company Zipmex has taken legal action against its Thai investor, V Ventures, for allegedly backing out of a US$100 million rescue deal.

https://bt.sg/59CQ Open / Comment