Standard Chartered Group CEO Bill Winters is set to meet with the chiefs of leading fintech firms as well as financial authorities during his one-month stay in Korea, according to SC Bank. The first ... ( read original story ...)
Singapore: Grab’s fourth privacy breach Is concerning
Singapore’s privacy regulator imposed a S$10,000 (US$7,311) penalty on ride-hailing company GrabCar Pte for a personal-data breach incident last year and raised the alarm on repeated violations by the ... ( read original story ...)
ByteDance to invest billions, recruit hundreds in Singapore in three years – source
ByteDance, the owner of popular short-video app TikTok, is planning to invest billions of dollars and recruit hundreds of employees in Singapore over the next three years, a person familiar with the ... ( read original story ...)
Singapore, Japan to launch ‘green lane’ for essential business and office travel
While Singapore has similar arrangements with other countries, it's a first for Japan; track mainly for short-term business travellers ... ( read original story ...)
Standard Chartered fined Rs 100 crore for FEMA violations
Standard Chartered Bank (SCB) has two others have been fined for alleged violations of Foreign Exchange Management Act. The Adjudicating Authority under FEMA has imposed penalties worth Rs 100 crore ... ( read original story ...)
Gaming firm Razer exploring bank license applications in Europe and the U.S.
After applying to become a regulated bank in Singapore, gaming hardware firm Razer is now considering similar moves in Europe and the U.S. ( read original story ...)
Singapore’s housing market storms back
Singapore’s residential market recovered in the second quarter, as government property tax rebates and pent-up demand helped propel strong June sales figures. ( read original story ...)
Missing links to a stronger export sector
Fiscal incentives alone cannot produce a strong export sector. Our export sector contributes 28 percent of our GDP versus the global average of 45 percent among 142 exporting countries. ( read original story ...)
Singapore Says Grab’s Fourth Privacy Breach Is Concerning
Singapore’s privacy regulator imposed a S$10,000 ($7,311) penalty on ride-hailing company GrabCar Pte for a personal-data breach incident last year and raised the alarm on repeated violations by the ... ( read original story ...)
Virtual races attract many first-time participants drawn to convenience, flexibility
The coronavirus changed the world but not Wong Lay Hoon's determination to compete again in ultramarathons.. Read more at straitstimes.com. ( read original story ...)
Singlife and Aviva Singapore to merge in S$3.2bil deal that will make it one of the largest in South-East Asia
Homegrown insurer Singapore Life (Singlife) intends to merge with Aviva Singapore in a deal valued at S$3.2 billion, which will make it one of the largest in the South-east Asian insurance sector and ... ( read original story ...)
Singapore to roll out COVID-19 tracing devices
Singapore will roll out its TT Token (Trace Together Token) to the public for free from September 14 and pilot its Safe Entry programme using TT Token devices or app in several venues. ( read original story ...)
Singapore Airlines Plans Flights to Nowhere, Reports Say
Singapore Airlines Ltd. is planning so-called flights to nowhere -- trips that start and end at the same airport -- in an attempt to boost its grounded passenger business, the Straits Times reported ... ( read original story ...)
Are Singaporean workers really losing jobs to Indian expats due to Ceca free-trade deal?
As the city state stares into its Covid-fuelled deepest ever recession, job anxiety and opposition to a free-trade deal is fuelling resentment against Indian workers. ( read original story ...)
Rs 152 crore fine slapped on banks by ED for violating FEMA provisions
Standard Chartered Bank was held guilty of contraventions of the provisions ... has been penalised Rs 35 crore for having opened without the permission of RBI, a bank account in Singapore and for ... ( read original story ...)
Singapore Technologies Engineering: Decent First Half 2020 Performance Aided By Government Support
Singapore Technologies Engineering's net profit attributable to shareholders only declined by -4% YoY in 1H 2020, thanks to government support which is expected to exceed S$300 million for full-year ... ( read original story ...)