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Month: August 2023

Posted on 04/08/2023

UOB marks 30 years in Vietnam; set to bring in $2b more in FDI by 2025

UOB, the first Singapore bank to set up shop in Vietnam 30 years ago, is now pressing home its advantage to meet the banking needs of emerging middle-class consumers and the companies serving them ...

Posted on 04/08/2023

A new luxury hotel is opening near Singapore — but you’ll need a boat to reach it

ONE°15 Marina Nirup Island joins other private islands that have opened in Indonesia's Riau Island. A Westin hotel is scheduled to open in late 2024.

Posted on 04/08/2023

Singapore’s OCBC Q2 earnings rise, but sees global growth slowing

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit in line with estimates, while flagging it expected slowing global economic growth heading into 2024.

Posted on 04/08/2023

Lonely seniors in Singapore: Who cares for them when they’re all alone?

SINGAPORE — As Singapore's population ages, the number of seniors living alone is a growing concern, presenting significant challenges to their well-being and mental health. The Department of Statistics has projected a worrisome trend, estimating that ...

Posted on 04/08/2023

Singtel to achieve nationwide 4G LTE-900 deployment by March

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 04/08/2023

Singapore Retail Sales Data Due On Friday

Singapore will on Friday release June figures for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales

Posted on 04/08/2023

Singapore carries out third drug trafficking execution in just over a week

Singapore executed a 39-year-old local man Thursday for heroin trakfficking, the third person to be hanged for drugs offenses in the city-state in a little more than a week.

Posted on 04/08/2023

Face biometrics planned for Jamaica airport, may replace passport checks in Singapore

Jamaica to introduce a biometric system for passenger checks at Sangster International Airport. Singapore considers eliminating passport checks.

Posted on 04/08/2023

OCBC Earnings: Here’s What You Need to Know About This SGX-listed Bank

SGX-listed Oversea-Chinese Banking Corporation Limited or OCBC Bank (SG:O39) will report its half-yearly earnings for 2023 tomorrow. Analysts ...

Posted on 04/08/2023

Singapore’s competition watchdog looking into Grab’s proposed takeover of Trans-Cab: Alvin Tan

SINGAPORE’S competition watchdog is looking into Grab’s proposed takeover of Trans-Cab, Minister of State for Trade and Industry Alvin Tan told Parliament on Thursday (Aug 3). Read more at The ...

Posted on 03/08/2023

HSBC employs head of global private banking for South Asia

Tommy Leung has been appointed by HSBC as head of global private banking, South Asia, with effect from October 19, 2023.

Posted on 03/08/2023

Million Dollar Round Table expanding global offerings with new Singapore-based office

To enhance member resources and benefits across the Asia-Pacific region particularly the Philippines, The Million Dollar Round Table (MDRT), the Premier Association of Financial Professionals®, has ...

Posted on 03/08/2023

The gist: New tax for large private water suppliers, tapping technology for safer roads

SINGAPORE - From taxing large private water suppliers to tapping technology for better road safety outcomes, MPs discussed a wide range of issues in Parliament on Thursday. Read more at ...

Posted on 03/08/2023

Singapore executes third prisoner in just 8 days. What explains this fresh wave of death sentences?

Singapore has executed a prisoner for trafficking 54 grams of heroin in what is the third death sentence meted out in just eight days – marking a worrying increase of its capital punishment policies. The latest execution was carried out despite calls ...

Posted on 03/08/2023

Singapore’s 2023 property investment volumes to fall short of last year’s totals

Investments totalled $32.1b in 2022. As interest rates approach their peak, investment volumes in Singapore could start to pick up in H2 2023 though this year’s overall tally will likely end lower as ... ( read original story ...)

Posted on 03/08/2023

Rajah & Tann Launches Tech Platform for Property Developers’ AML Compliance

According to the firm, a customer due diligence report would now require a scan that takes just seconds to complete the necessary background checks on a prospective purchaser. ( read original story ...)

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