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Month: January 2023

Posted on 04/01/2023

Floating mortgage interest rates may roll back to 2 – 2.5% soon

As spot Sora trends downwards, floating mortgage interest rates may roll back to 2.00-2.50 per cent soon for home loans. The post Floating mortgage interest rates may roll back to 2 – 2.5% soon ... ( read original story ...)

Posted on 04/01/2023

Govt to import 100,000 MT of rice from India and Singapore

The government will import 100,000 metric tons (MT) of rice from the international market. The Cabinet Committee on Government Purchase, in a meeting with Finance Minister AHM Mustafa Kamal in the ...

Posted on 04/01/2023

Will Singapore be the winner when Chinese tourists can more easily travel again after January 8?

Unlike Japan, Canada and more, Singapore hasn’t imposed any Covid restrictions on Chinese travellers following China’s plans to open up – something tourists may remember for a long time.

Posted on 04/01/2023

Singapore-based crypto firm hit by Dec 26 hack, more than S$10 million lost

More than US$8 million (S$10 million) was stolen from a Singapore-based crypto wallet provider on Dec 26, after a hacker manipulated files enabling users to download the wallets on their phones.

Posted on 04/01/2023

Singapore woman jailed for stabbing teen daughter over her alleged sex life

A Singapore woman was sentenced to 14 months’ jail after she pleaded guilty to one count of voluntarily causing hurt by an instrument likely to cause death.

Posted on 04/01/2023

Singapore stocks post muted performance; STI down 0.1%

Local shares muddled through another day of flattish trading on Wednesday amid a mixed showing across the region following Wall Street’s lacklustre performance overnight. Read more at straitstimes.com ...

Posted on 04/01/2023

Phishing scams involving OCBC customers: SG teen reoffended while on probation

A teenager was on probation when he took part in money laundering-related activities linked to phishing scams involving OCBC Bank’s customers.

Posted on 04/01/2023

Second teen pleads guilty to part involvement in OCBC phishing scam totaling $12.8 million in losses

A 19-year-old man on Wednesday (Jan 4) admitted to his involvement in a spate of high-profile phishing scams affecting OCBC bank.

Posted on 04/01/2023

Singapore-based crypto firm hit by Boxing Day hack, more than S$10mil lost

More than US$8mil (S$10mil or RM32.86mil) was stolen from a Singapore-based crypto wallet provider last Monday after a hacker manipulated files enabling users to download the wallets on their phones.

Posted on 04/01/2023

Singapore’s emerging alternative proteins scene cooks up a storm with new food items

Companies are racing to serve up innovative food offerings, as the country looks to become more food resilient.

Posted on 04/01/2023

Cheerio: Cheers Singapore to fire stubborn employee who taunted police

The Cheers employee who picked unnecessary fights with the police last week is going to be fired for his bad behavior.

Posted on 04/01/2023

OCBC phishing scams: Teen admits being part of syndicate funnelling about S$600,000 in scam proceeds

Brayden Cheng Ming Yan was part of a local syndicate that operated across Telegram groups and helped overseas criminals with money laundering.

Posted on 04/01/2023

3 men arrested, over 4,000 cartons of duty-unpaid cigarettes seized by Singapore Customs

SINGAPORE – Three men were arrested and more than 4,000 cartons of duty-unpaid cigarettes were seized by Singapore Customs in an operation on Dec 30. The total duty evaded was more than $387,000, ...

Posted on 04/01/2023

Singapore-based AlterPacks turns food waste into food containers

AlterPacks is tackling both issues with technology that turns food waste into takeout boxes and other containers. The Singapore-based startup has raised $1 million in pre-seed funding led by Plug and ...

Posted on 04/01/2023

Appetite for food delivery dipped after Singapore’s reopening, but still above pre-pandemic levels

THE demand for food delivery has fallen since Singapore lifted Covid-19 curbs last year, but it remains higher than pre-pandemic levels, say food delivery platforms and food and beverage (F&B) players ...

Posted on 04/01/2023

3PL market in Singapore 2023-2027; A descriptive analysis of five forces model, market dynamics, and segmentation- Technavio

According to Technavio, the 3PL market size in Singapore is estimated to grow by USD 1,359.79 million from 2023 to 2027. The market is estimated to grow at a CAGR of 6.1% during the forecast period.

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