Singapore bank OCBC has agreed to reimburse S$8.5 million to 469 customers who fell for an SMS phishing scam in December. It is a generous move, but perhaps a surprising one; scammers impersonating ... ( read original story ...)
UOB injects $425 million into China subsidiary
SINGAPORE - UOB is beefing up its China subsidiary so it can provide more regional services and sustainability-related solutions. . Read more at straitstimes.com. ( read original story ...)
Japan, Singapore must protect global rules-based order: Forum
But panellists at symposium were divided on how best to approach the superpower rivalry between the US and China. . Read more at straitstimes.com. ( read original story ...)
Singapore Airport Hones COVID-19 Strategy
Comprehensive COVID-19-prevention measures have helped maintain travel to and from Singapore Changi Airport and management is now focusing on making the experience more passenger-friendly, according ... ( read original story ...)
Singapore investments topped US$8.8 billion in 2021, led by chips and biotech
Electronics saw the largest investment – led by the demand to meet a global chip shortage, while biomedical manufacturing overtook the chemicals sector as the second biggest draw for investors. ( read original story ...)
Adani Wilmar IPO opens tomorrow: Everything you need to know
The Rs 3,600 crore initial public offering (IPO) of edible oil manufacturer Adani Wilmar is available from January 27-31, 2022. It has a price band of Rs 218-230 per share. ( read original story ...)
Singapore: The MAS tightens its monetary policy on inflation concerns – UOB
Barnabas Gan, Economist at UOB Group, assesses the recent unscheduled monetary policy meeting by the MAS. “In an off-cycle monetary policy meeting (25 Jan), the Monetary Authority of Singapore (MAS) ... ( read original story ...)
Wildlife Reserves Singapore ex-manager admits taking S$51,750 in bribes for her silence on price-fixing
SINGAPORE: When a manager at Wildlife Reserves Singapore (WRS) discovered that contractors providing services to her company were engaging in corrupt price-fixing, she was offered a bribe ... ( read original story ...)
UOB projects Budget 2021 deficit at $5.8b
The value is 1.1% of Singapore's GDP. Ahead of the announcement of Budget 2022 on 18 February, UOB released their projections as well as reviews on the 2021 budget. Whilst the economy contracted 5.4% ... ( read original story ...)
Singapore Grants Approval for INDICAID COVID-19 Rapid Antigen Test as Consumer Self-test for SARS-CoV-2 Control
PHASE Scientific International LTD (PHASE Scientific), today announced that its INDICAID™ COVID-19 Rapid Antigen Test (INDICAID™) has received authorisation from the Health Sciences Authority of ... ( read original story ...)
DNV-led consortium to conduct ammonia bunkering safety study in Singapore
Th e Global Centre for Maritime Decarbonisation (GCMD) has awarded its ammonia bunkering safety study in Singapore to a DNV-led consortium aimed at accelerating the shipping industry's decarbonisation ... ( read original story ...)
Fancy a Bintan or Batam trip without quarantining on arrival? What you need to know about travelling there from Singapore – and coming back
Those travelling from Singapore are only allowed to visit Nongsa in Batam and Lagoi in Bintan. SINGAPORE: Hotels and businesses in Bintan and Batam have seen a spike in interest from visitors in ... ( read original story ...)
Singapore firms as leading city for Asian HQs
The city-state landed $12.3 billion in fixed asset investment last year as Chinese companies joined the American and European multinationals based there. ( read original story ...)
Singapore’s manufacturing output expands 15.6% in December; achieves 13.2% growth for 2021
SINGAPORE: Singapore's manufacturing output ended the year on a strong note, with all but one cluster showing growth. Industrial production rose 15.6 per cent on a year-on-year basis in December, up ... ( read original story ...)
Singapore attracted S$11.8 billion of investments in 2021, down from previous year but meeting targets
SINGAPORE: Singapore attracted S$11.8 billion in fixed asset investments in 2021, meeting targets set by the Economic Development Board (EDB). The figure was a sharp fall from the S$17.2 billion ... ( read original story ...)
Singapore draws $11.8b in fixed asset investments in 2021 despite Covid-19: EDB
Over 17,000 new jobs are expected in the next five years, with about 70% for PMETs. . Read more at straitstimes.com. ( read original story ...)