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Month: May 2023

Posted on 08/05/2023

Singapore’s priced-out young singles rail at the PAP over property policies: ‘they’re so unaware’

Some 2 in 3 Singaporeans in their 20s report having to contend with the city state’s red-hot rental market due to insufficient savings. Most are ineligible for public flats until they hit 35 – unless ... ( read original story ...)

Posted on 08/05/2023

Revolut Enables Singapore Customers to Link With 6 Banks for In-App Top-Ups

Revolut enables Singapore customers to link, and top-up directly from up to six different bank accounts within the app.

Posted on 08/05/2023

Trip.biz Unveils Soaring Corporate Travel Demand for Bleisure Trips While Overall Business Expenditure Increases

Companies in China are optimistic about the resumption of corporate travel as border policies relax, and flight capacity gradually resumes. According to Trip.Biz survey data, 84.5% of companies expect ...

Posted on 08/05/2023

Sea CEO Declares 5% Raises After Singapore Firm Turns a Profit

Sea Ltd. said it is giving most employees a 5% pay increase after turning profitable, a milestone for the Singapore e-commerce and gaming company that slashed costs drastically during the technology ...

Posted on 08/05/2023

Singapore-based Wavemaker Impact nearing final close of debut fund

Singapore-based Wavemaker Impact, a fund of Wavemaker Partners designed to help build climate technology ventures, is nearing the final close of its first vehicle, the firm's founding partner, Marie ...

Posted on 08/05/2023

Small business, big impact: The benefits of treating IT as an investment

The high cost of tech is hindering SMEs in Singapore from adoption but it can help build a resilient and successful business.

Posted on 08/05/2023

Lazada is about to become a very lucrative failure, as leaks suggest possible IPO in 2024

Latest leaks, reported just a few days ago, suggest that Alibaba is already actively making plans for a possible IPO of the unit next year. “The firm is in the early stages of consideration and ...

Posted on 08/05/2023

Singapore’s Soaring Rents Are Becoming a Political Problem

Expats aren’t the only ones feeling the pinch of rents in Singapore rising at the fastest pace in the world. Most Read from BloombergTexas Mass Shooting’s Bloody Images Add to Fervor in Gun ...

Posted on 08/05/2023

Singapore’s TOC Asia editor Terry Xu gets Pofma correction orders over allegations against police in 2021 incident

Alternative news website The Online Citizen Asia and its editor Terry Xu were issued correction directions under the Protection from Online Falsehoods ...

Posted on 08/05/2023

Singapore Premier League: Tampines lose ground in title chase with shock loss

Tampines Rovers began the second round of the Singapore Premier League on the wrong foot, slumping a shock 2-3 defeat by Balestier Khalsa.

Posted on 08/05/2023

SFA: Not true that Singapore allows pig carcasses from Indonesian island with African swine fever

The Singapore Food Agency (SFA) has on Sunday refuted an Indonesian media report that Singapore is “ready” to import pig carcasses from Bulan Island, Batam, where African swine fever (ASF) had been ...

Posted on 08/05/2023

Singapore highest globally for total stamp duty on foreigners

The market recently put a 100% increase in the ABSD rate for foreigners. A real estate expert’s study showed that Singapore ranked highest worldwide for total stamp duty rates for a foreign national ...

Posted on 08/05/2023

WEEKLY ROUND-UP: Sports happenings in Singapore (1-7 May)

Close to 7,300 cyclists took part in the OCBC Cycle 2023 event at the Singapore Sports Hub on Saturday and Sunday (6 and 7 May), marking the first full-scale OCBC Cycle event since 2019, when the ...

Posted on 08/05/2023

6 things you need to know before you go on a night walk in Singapore’s parks

The Straits Times joined Singapore’s spidermen, Mr Joseph Koh and Mr Chris Ang on a night walk in the northern part of the island in search of nocturnal arachnids. Journalists Ang Qing and Gena Soh ...

Posted on 08/05/2023

Monetary Authority of Singapore Imposes Additional Capital Requirement on DBS Bank for Disruption of Banking Services

The Monetary Authority of Singapore (MAS) has reportedly imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement.

Posted on 08/05/2023

SFA refutes Indonesian report about Singapore’s ‘readiness’ to import pig carcasses from Bulan Island

SFA said it hasn't received or approved any application from Indonesian abattoirs for export of pig carcasses, pork to Singapore. Read more at straitstimes.com.

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