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Month: June 2023

Posted on 03/06/2023

Recent strides in AI have potential to further disrupt finance industry, but limitations remain

Is relying on the technology for advice an intelligent move, or simply artificially inflated faith? Read more at straitstimes.com.

Posted on 03/06/2023

Horrendous jam at land checkpoints as almost 250,000 leave Singapore for Malaysia

SINGAPORE - Close to 250,000 travellers left Singapore for Malaysia through the Woodlands and Tuas checkpoints on Thursday, the highest number of daily departures since land borders between the two countries reopened in April 2022.

Posted on 03/06/2023

Singapore to block Asia Sentinel website for not complying with POFMA correction direction

The access blocking orders will be cancelled should Asia Sentinel subsequently comply with the "full requirements" of the correction direction, the Ministry of Communications and Information (MCI) said.

Posted on 03/06/2023

The Monetary Authority of Singapore Demands More Disclosure From Crypto Firms

The Monetary Authority of Singapore (MAS) published a notice earlier this week, asking companies offering crypto-related services to conduct more rigorous customer due diligence. Among other things, ...

Posted on 03/06/2023

US Defense Secretary spoke ‘briefly’ with his Chinese counterpart in Singapore

US Secretary of Defense Lloyd Austin "spoke briefly" with his Chinese counterpart in Singapore on Friday, a Pentagon spokesperson said Friday.

Posted on 03/06/2023

S-REITs may remain ‘sideways’ in near-term amid prospect of another rate hike: DBS

Singapore REITs (S-REITs) are likely to remain “sideways” in the near term till there is clarity on the overall trajectory of the rate hikes by the US Federal Reserve in the second half of 2023, say ...

Posted on 03/06/2023

Shaka Harry, Backed by Famous Cricketer MS Dhoni, Launches Huge Range of Vegan Indian Food in Singapore

Indian plant-based company Shaka Harry is expanding internationally with a first market venture into the Singaporean market.

Posted on 02/06/2023

Stock market today: Asia follows Wall Street up on hopes Fed will ease off rate hikes

Wall Street's benchmark S&P 500 index rallied 1% on Thursday after data showed manufacturing and retail activity weakening. That added to hopes the Fed might decide upward pressure on prices is easing ...

Posted on 02/06/2023

StanChart to hire more bankers as it doubles down on Asia

Asia generated two-thirds of the group’s income in Q1 2023, with Hong Kong and Singapore the two largest contributors. Read more at straitstimes.com.

Posted on 02/06/2023

Nearly 250,000 leave Singapore via land checkpoints on Thursday, highest number since borders reopened

Travellers should factor in additional waiting time to cross the border, ICA said. Read more at straitstimes.com.

Posted on 02/06/2023

The Big Read: Can the growing number of ultra-rich in Singapore live in harmony with the average Joe?

It was a typical weekday morning at Empress Road Market & Food Centre — a neighbourhood wet market off Farrer Road — where a 68-year-old retiree was spotted buying a bouquet of flowers.

Posted on 02/06/2023

Singapore puts AI on the cloud to boost public sector deployment

Dedicated cloud resources running on Google's platform have been carved out to to enable Singapore government agencies to deploy AI applications more efficiently and securely.

Posted on 02/06/2023

Singapore among largest investors in India despite challenges: Indian businessman Khattar

Read more about Singapore among largest investors in India despite challenges: Indian businessman Khattar on Devdiscourse

Posted on 02/06/2023

Explainer: How are Singapore’s CPF interest rates calculated, and should you move funds to the Special Account amid higher rates?

The Special Account is for old age and investment in retirement-related financial products. The Medisave Account is for hospitalisation and approved medical insurance. The Retirem ...

Posted on 02/06/2023

Singapore is now costliest place to own, rent homes in Asia pacific: Report

India’s housing price is relatively inexpensive compared to the median household income over that in other developing countries Singapore is now costliest place to own, rent homes in Asia pacific: ... ( read original story ...)

Posted on 02/06/2023

Genting Singapore (SGX:G13) Could Be At Risk Of Shrinking As A Company

What underlying fundamental trends can indicate that a company might be in decline? Typically, we'll see the trend ...

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