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Month: August 2023

Posted on 09/08/2023

Singapore Police Arrest Man Who Stole 500 Pokemon Cards

"The man was found in possession of an opened box of Pokemon cards that did not belong to him," the Singapore Police Force said in a Facebook post on Monday. The remaining Pokemon cards were stolen on ...

Posted on 09/08/2023

Half of fintech investments in SEA are from Singapore – Robocash

Indonesia comes second with $20.8b. Singapore led in terms of fintech investments amongst Southeast Asian countries with $31.3b, according to a Robocash Group analysis. Indonesia comes second with $20 ...

Posted on 09/08/2023

‘Not fair for OCBC to do this suddenly’: Customers annoyed by bank’s new security feature

A new security feature was intended to protect customers but has infuriated them instead. OCBC customers are upset that they cannot use the bank's app unless they delete other apps on their phones ...

Posted on 09/08/2023

Key Singapore bank UOB moves to cut off Myanmar

In a confidential note sent to Myanmar banks last week, United Overseas Bank said it would restrict all incoming and outgoing payments to and from Myanmar accounts, allowing funds to be moved only ...

Posted on 09/08/2023

DBS to increase investments, hiring in China’s Greater Bay Area

Business from Chinese clients at DBS' Hong Kong and Singapore operations have seen double digit growth in the last few years. Read more at straitstimes.com.

Posted on 09/08/2023

Adani Enterprises weighs exiting $8 billion venture with Singapore’s Wilmar: Sources

Adani and Wilmar’s stakes together account for nearly 88 per cent of Mumbai-listed Adani Wilmar. Read more at straitstimes.com.

Posted on 09/08/2023

Aqua Keep: Sumitomo Seika Singapore’s secret to superabsorbent success

The company’s phenomenal water-absorbing capability has revolutionary impact on hygiene, subsea cables, and more ...

Posted on 09/08/2023

Mirxes advances RNA technology to diminish the economic burden of cancer

Pushing the boundaries of science and technology is critical to the future of healthcare. In the fight against cancer, the crucible lies in early detection of the disease, which has led to the death ...

Posted on 09/08/2023

Singapore fintech sector gets timely cash injection

The financial sector of Singapore will receive a boost to its technology and innovation efforts with support from a renewed scheme that will inject up to S$150mil (US$111mil) in grants for projects.

Posted on 09/08/2023

Singapore Minister Recovering After Surgery on Blocked Artery

Singapore’s Second Minister for Law Edwin Tong is recovering from surgery after doctors discovered a severely blocked artery in a routine medical check up.

Posted on 09/08/2023

18% of recent COVID-19 community cases in Singapore infected by EG.5 Omicron subvariant

There is no significant increase in severity or deaths from the EG.5 Omicron subvariant compared with other circulating strains, says the Ministry of Health.

Posted on 09/08/2023

Singapore wealth management platform Endowus raises $35M

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.

Posted on 09/08/2023

DBS CEO Piyush Gupta nets $3.4m after selling 100,000 shares in the bank

DBS Group Holdings chief executive Piyush Gupta has sold 100,000 shares in the bank, netting him around $3.4 million, according to documents filed with the Singapore Exchange on Tuesday (Aug 8). Mr ...

Posted on 09/08/2023

Singapore knocks on the doors of a paradigm shift

THE Singapore story has been nothing short of remarkable. As we celebrate our 58th birthday today, Singapore is largely free from hunger, poverty and crime. The only gripe might be the insufferably ...

Posted on 09/08/2023

Singapore’s Premier Lee Vows to Keep Trust in a ‘Troubled World’

Singapore’s Prime Minister Lee Hsien Loong said he’s confident the city-state will stand strong as he seeks to move past a series of political scandals and persistent inflation.

Posted on 09/08/2023

Singapore PM Lee reassures public amid political scandals, inflation

Singapore Prime Minister Lee Hsien Loong on Tuesday sought to reassure the public after a spate of political scandals rocked his ruling party in recent months and amid continuing worries over inflation in the city-state.

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