The movement in shares of SGX-listed United Overseas Bank (SG:U11) has been muted since its first-quarter update in late April. Despite a ...
Singapore Regulator Bans Crypto Exchanges from Lending, Staking for Retail Investors
Singapore is enforcing new crypto consumer protection measures as the city-state continues applying regulation to its burgeoning crypto industry, according to a report by Bloomberg. Chief among the ...
JTC, Singapore fuel cell maker Spectronik to start hydrogen truck trials in Q4
TRIALS of Singapore’s first hydrogen fuel cell-powered light commercial vehicle (LCV) will start in the fourth quarter of 2023, statutory board JTC and Singapore-based fuel cell manufacturer ...
Singapore’s MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End
The MAS has also restricted crypto service providers from facilitating lending and staking of tokens by their retail customers.
Singapore exploring master leases of up to 60 years for black-and-white bungalow estates
THE Singapore Land Authority (SLA) is studying the feasibility of a longer leasehold period – such as 30 or 60 years – for an entire black-and-white bungalow estate, so that a private developer can ... ( read original story ...)
Shanmugam says he rented Ridout Road property to prepare for sale of family home, not profiting from rental
Law and Home Affairs Minister K Shanmugam also said he had taken steps “to deal with any perceived or potential conflict of interest” over his rental of the black-and-white colonial bungalow. ( read original story ...)
Singapore private homes see first quarterly drop in 3 years
Cooling measures, higher interest rates take toll on private residential prices which dropped by 0.4 per cent. Read more at straitstimes.com. ( read original story ...)
Over $500k SLA spent on 26 Ridout Rd was for ‘structural items’ and making property ‘habitable’: Edwin Tong
The cost incurred by the Singapore Land Authority (SLA) for the improvement and maintenance works for 26 Ridout Road was to ensure the property was habitable, said Second Minister for Law Edwin Tong ... ( read original story ...)
Singapore banks foster growth, boost employee well-being
In terms of tally count, the top five banks in order would have started with OCBC, DBS Bank, UOB, Citi Singapore, and Standard Chartered. However, in the case of Citi Singapore and Standard Chartered, ...
Singapore to have new measures to ringfence customers’ crypto assets: MAS
Digital asset firms licensed in Singapore not only have to segregate customers’ assets from their own, but hold them in a trust, the regulator said, following a public consultation on proposed rules ...
Singapore’s OCBC expects to deliver $2.2 billion in extra revenue by 2025
OCBC said its expectation was an outcome of unifying its brand across its core markets of China and Southeast Asia to capture the growth opportunity there.
Singapore Supermarkets Start Charging for Plastic Bags
Beginning Monday, around 400 outlets — or two-thirds of all supermarkets in Singapore — are required to charge shoppers at least S$0.05 ($0.04) for each disposable bag. The fee applies to bags of any ...
IBM Study: Technology Modernization Jumps to the Top of their Agendas as Singapore and Global CEOs Look to Embrace Generative AI
Institute for Business Value found that over half of Singapore CEOs surveyed identify technology modernization as their highest business priority. Customer experience remains key to achieving their ...
Singapore’s bank OCBC to deliver $2.2 bln extra revenue by 2025
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it expects to deliver an additional revenue of S$3 billion ($2.22 billion) by 2025, after it posted a record ...
Singapore’s bank OCBC to deliver $2.2 billion extra revenue by 2025
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it expects to deliver an additional revenue of S$3 billion ($2.22 billion) by 2025, after it posted a record first-quarter profit in May.
Singapore sees highest number of suicide deaths since 2000, with 478 cases in 2022
Singapore reported 476 suicides in 2022, a 25.9 per cent rise from 2021 and the highest recorded suicide deaths since 2000, said the Samaritans of Singapore.