With the government releasing the highest residential land supply since 2013, CGS-CIMB Research analyst Lock Mun Yee remains “neutral” on the property development and investment sector. ( read original story ...)
Briefs: MAS penalises Citi, DBS and OCBC for breaches of anti-money laundering requirements; Grab cuts 1,000 jobs
Quoteworthy: "That’s what the great embarrassment for dictators — when they didn’t know what happened." - US's Joe Biden.
UOB Kay Hian re-initiates ‘buy’ on Manulife US REIT with TP of 47 US cents
The "buy" call came as analyst Jonathan Koh sees the negatives as largely priced in within the REIT’s unit price ...
Cryptocurrency roundup for June 23: CACEIS enters crypto realm, Ripple approved in Singapore, Binance accuses SEC and more
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
QCP Capital, SBI Alpha Execute First Uncleared Crypto Options Trade Using Bitcoin as Collateral
The trade was executed on the regulated Clear Markets platform and involved bitcoin as collateral. The risk management techniques involved were consistent with ISDA's requirements for uncleared derivatives.
Singapore durian lovers rejoice as prices plunge
A record-breaking heat wave earlier this year has also affected the quality of the fruit, helping to push prices lower. That’s all good news for durian enthusiasts in Singapore, which imports more ...
KPMG Singapore names Lee Sze Yeng as first female managing partner; commits $50m for innovation, ESG
Ong Pang Thye will step down on Oct 1 and be succeeded by deputy managing partner and head of audit Lee Sze Yeng. Read more at straitstimes.com.
Phishing attempts on Singapore targets rose 175% to 8,500, with banking sector most spoofed in 2022
The heightened cyber threat environment last year was fuelled by geopolitical conflict and opportunism as COVID-19 restrictions eased, says the Cyber Security Agency of Singapore.
OCBC is first local bank to offer fully digital account opening services for foreigners
The service will enable them to open Singapore-dollar and multi-currency accounts on the OCBC Digital app remotely and within minutes. Read more at straitstimes.com.
Jail for Singapore woman who swindled Pokemon card buyers of nearly S$217,000, also cheated to get iPhones from Singtel
After being told by a woman that he would receive a discount on each case of Pokemon cards from his bulk purchase on Carousell, one buyer paid her close ...
Filipino couple holds lavish ‘Crazy Rich Asians’-inspired wedding in Singapore
A Filipino couple went viral after the bride’s sister shared a video of their lavish wedding, which was inspired by the hit 2018 movie “Crazy Rich Asians” held in Singapore. It shows snippets from the wedding of her sister JM Tiongco,
From Coldplay to Taylor Swift, How Singapore Has Become a Favorite Venue for Top Artists—And Why That’s Upsetting Fans
The small city-state has become the go-to destination for big acts—including Coldplay and Taylor Swift—frustrating fans across Southeast Asia.
Singapore Court Set to Decide Fate of Crypto Lender Hodlnaut in August Hearing
A court in Singapore is poised to make a crucial decision about the future of crypto lender Hodlnaut during an upcoming hearing scheduled for August 7.
Crypto Firm Ripple Secures License To Operate In Singapore
Ripple’s expansion into Singapore comes as the U.S. Securities and Exchange Commission has charged the crypto firm with conducting an illegal securities offering that raised more than $1.3 billion U.S. through sales of the XRP digital token. Ripple ...
Ripple Secures Approval to Offer Digital Asset Services in Singapore
Ripple said that less than 20 crypto-related companies have secured in-principle approvals and licenses in Singapore so far. The Monetary Authority of Singapore (MAS), the state’s central bank and financial watchdog, granted these permits. The approval ...
Singapore’s Monetary Authority unveils innovative guidelines for crypto assets
The Monetary Authority of Singapore (MAS) has taken a significant stride towards creating a uniform regulatory framework for using crypto assets. MAS has proposed a comprehensive set of guidelines to govern the evolving digital currency landscape in a ...