SINGAPORE’S factory output fell 12.1 per cent year on year in August, contracting at a faster rate than in July, as the sector was dragged down by a large decline in electronics output. Read more at ...
Brilliance Group plans Nasdaq IPO for its Singapore-based subsidiary
Cayman Islands-based Brilliance Group has filed an initial public offering (IPO) with the Securities and Exchange Commission on Monday, planning to list its primary operational subsidiary, KHIW, on ...
Singapore Aug Manufacturing Output Dives 12% Y/y, More Than Expected
Economists had expected a 3.1% year-on-year contraction in August, according to a Reuters poll. On a month-on-month and seasonally adjusted basis, industrial production fell 10.5% in August, missing ...
Standard Chartered boosts cash management offering with multibank connectivity service
It offers real-time visibility, access, and control of cash holdings to companies. Standard Chartered has teamed up with Singapore-headquartered fintech Starfish Digital to introduce a multibank ...
Singapore to impose higher capital requirements on too-big-to-fail insurers
FROM next year, four insurers in Singapore will face a 25 per cent capital add-on to increase their higher and lower supervisory intervention levels, as well as Common Equity Tier 1 and Tier 1 capital ...
UOB introduces new security features on banking app to protect customers
The 2 new security features on its UOB TMRW banking app are aimed at protecting customers against malware-enabled scams. Read more at straitstimes.com.
DBS latest bank to roll out anti-scam measures, after OCBC and Citi
DBS is the latest bank to do so after OCBC and Citi announced their anti-scam measures in the last couple of weeks, following cases of malware scams targeting users of Android devices.
DBS, UOB become latest banks to restrict access if unverified apps are found on customers’ phones
Both local banks said their new anti-malware security measures do not monitor phone activities, collect or store personal data.
3 reasons why demand for Singapore’s prime freehold strata offices should endure
Singapore’s growing pool of family offices and UHNWIs is one. According to JLL, the fast sell-out at record prices of all 15 strata-office floors in the newly launched freehold project, Solitaire on ...
Grab discontinues investment offerings AutoInvest and Earn+, says business not commercially viable in long run
As we will no longer be investing to scale GrabInvest, we have concluded that the business will not be commercially viable in the long run,” a Grab spokesperson tells CNA.
Singapore learners’s demand growing in AI skills and STEM education: study
AI and machine learning developments are in demand for learners. With about 900,000 Singaporean learners on Coursera, their strengths are mostly in business skills such as finance (94%), human ...
Technology in rehabilitation | Video
As the demand for rehabilitation services grows, technology will have a much greater role to play, says Singapore Deputy Prime Minister Heng Swee Keat. This is especially so in ageing societies and ...
Singapore police inspector gets S$10,000 fine for molesting female colleague during 1-on-1 mandatory training session
During a one-on-one training exercise, a police inspector touched his female colleague inappropriately by hugging her from behind and pushing his ...
Grab Shuts Down Investment Business, Users Have Until 13 Oct to Withdraw Funds
Grab announced that it will be shuttering its investment business in Singapore by discontinuing its AutoInvest and Earn+ products.
4 Singapore REITs with Distribution Yields of 7% or More: Are They a Bargain?
Sasseur REIT also has one of the lowest aggregate leverage ratios among Singapore REITs at just 26.2% but its weighted ... thereby mitigating the continued increase in finance costs. United Hampshire ...
Singapore named Asia’s top fintech hub, fourth globally
The Lion City attracted the highest level of VC investments, offering regulatory stability. Singapore has established its position as Asia’s fintech hub, ranking fourth globally in the Savills’ ...