How the ultra-wealthy in Asia are investing and where affluent Chinese are moving, as explained by Maybank Singapore’s CEO
Growing Interest in New Asset Classes Asia’s wealthiest individuals are showing an increasing readiness to explore new investment avenues, as noted by the Singapore CEO of Malayan Bank Bhd. Alvin Lee mentioned that there’s a noticeable trend of gold shifting from Dubai to Singapore, alongside a surge of wealthy Chinese investors heading to Malaysia. Lee […]
Crypto remains ‘not an option’ for Singapore’s Temasek, four years after the FTX failure
Temasek Remains Cautious on Cryptocurrency Investments During the Singapore FinTech Festival on November 16, 2023, Nagi Hamie, president of Temasek Global Investments, stated that the company is not considering investments in cryptocurrencies at this time. This decision comes as Temasek seeks to recover from significant losses related to its investment in the now-defunct cryptocurrency exchange […]
Experts believe Singapore’s stock market is climbing, and the bullish trend is only beginning.
Stocks in Singapore Reach New Highs In Singapore, stocks are currently experiencing significant growth, particularly as the market has been considered a relatively “unstimulant” option for income-focused investors. This surge suggests that major banks and market analysts are only just beginning to recognize the rally. The benchmark Straits Times Index has climbed nearly 10% since […]
Singapore’s ruling party achieves a decisive victory in the election.
Singaporean Party Secures Landslide Victory in General Election The ruling party in Singapore, led by Prime Minister Lawrence Wong, celebrated a significant win in the recent general election, as results released early on Sunday confirmed their dominance. Wong’s People’s Action Party (PAP) achieved a commanding majority in the 97-seat First House Congress, managing to secure […]
Singapore’s annual Christmas Wonderland features breathtaking light displays, delicious treats and fun for the whole family
Christmas Wonderland at Singapore's Gardens by the Bay is an annual event filled with holiday spirit. This year, the 11th time, the event features an impressive dazzling light installation. Christmas Wonderland is full of awe-inspiring light displays for visitors, but one stands out as a standout. Singapore's annual Christmas Wonderland event features a twinkling light […]