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Month: September 2023

Posted on 07/09/2023

Latest Singapore COE prices and bidding results (6 September)

SINGAPORE — Certificate of Entitlement (COE) premiums for Categories B and E reached record highs for the third consecutive time in the latest bidding exercise that closed on Wednesday (6 September).

Posted on 07/09/2023

Forbes list of Singapore’s richest: Meta co-founder Eduardo Saverin is No. 1 in 2023

Meta co-founder Eduardo Saverin is the new richest person in Singapore, according to a Forbes list. Who else made it to the list?

Posted on 07/09/2023

Australian Billionaire Wants Submarine Cable to Export Solar Power to Singapore and Beyond

SunCable could help Asia’s fossil-fuel dominated economies—particularly those with limited space for solar and wind farms—switch to cleaner electricity sources.

Posted on 07/09/2023

New security feature on OCBC banking app prevents loss of S$2 million

THE anti-malware security feature on the OCBC Digital app has prevented scammers from making away more than S$2 million since its launch on Aug 5. Read more at The Business Times.

Posted on 07/09/2023

OCBC’s Anti-Malware Feature Foiled All Scam Attempts Since August Launch

OCBC said its anti-malware security feature has prevented scammers from stealing more than S$2 million from more than 30 customers.

Posted on 07/09/2023

At least $2m in savings prevented from being stolen in malware attacks after OCBC app security update

No losses from malware scams reported by customers since updated version of OCBC banking app. Read more at straitstimes.com.

Posted on 07/09/2023

Singapore could be affected by increasing rice prices

In a report, Lavanya Venkateswaran, Senior ASEAN Economist at OCBC, said the price increases in rice will also have implications on Indonesia, Malaysia, Philippines and Thailand, with the Philippines ...

Posted on 07/09/2023

Tech Billionaire Keeps Focus on Singapore for Giant Solar Cable

Billionaire Mike Cannon-Brookes is making new progress on plans to export clean energy from Australia to Singapore through a 4,200-kilometer (2,610-mile) submarine cable after taking control of the ...

Posted on 07/09/2023

Australian Billionaire Cannon-Brookes Says $13 Billion Singapore Solar Project Is Viable

SYDNEY (Reuters) - Australian billionaire Mike Cannon-Brookes on Thursday stood by the economics of a plan to ship energy from a giant solar farm in the country's north to Singapore via undersea cable ...

Posted on 07/09/2023

Australian billionaire Cannon-Brookes says $13 bln Singapore solar project is viable

Australian billionaire Mike Cannon-Brookes on Thursday stood by the economics of a plan to ship energy from a giant solar farm in the country's north to Singapore via undersea cable as he took ...

Posted on 07/09/2023

WSJ removes ‘erroneous republication’ of outdated article, which claimed S’pore banned import of Japanese food products

The Wall Street Journal (WSJ) has removed an article and podcast titled "More Countries Ban Import of Japanese Food" from its website, claiming that it was wrongly republished.

Posted on 07/09/2023

Aussie billionaire revives bid to sell solar power to Singapore

Sun Cable will apply later this month to Singapore’s Energy Market Authority for an energy import conditional licence. Read more at straitstimes.com.

Posted on 07/09/2023

Singapore Aquatics launches awareness campaign to keep sport safe from abuse

Singapore Aquatics has launched a "Hands Up For Safe Aquatics" campaign to raise the awareness and keep aquatic sports safe from neglect, abuse and harassment.

Posted on 07/09/2023

Continued Consolidation Predicted For Singapore Stock Market

The Singapore stock market has moved lower in consecutive trading days, slumping more than 15 points or 0.5 percent along the way.

Posted on 07/09/2023

IPO-Bound Ola Electric Bags $140 Mn At $5.4 Bn Valuation From Temasek, Others

Ola Electric has signed an agreement to raise $140 in a funding round led by Temasek with participation from other existing investors.

Posted on 07/09/2023

$1.8b money laundering case: Company set up so wife of accused could get work pass

The company owned by the wife of one of the accused in the $1.8 billion money laundering case was set up so that she could get an employment pass (EP) here. This was revealed by Mr Seah Li Hao, a ...

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