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Month: October 2023

Posted on 12/10/2023

Amazon inks e-commerce pact to take Singapore SMBs global

Amazon wants to arm 800 small- and mid-size enterprises in Singapore with the skillsets to push their business online, amid sharp climbs in technology adoption among these organizations.

Posted on 12/10/2023

I toured the Singapore golf club that charges $720,000 for membership. It looks like it’s stuck in the 90s.

Insider's reporter learned that being wealthy doesn't necessarily mean being opulent, but it definitely means having expensive hobbies.

Posted on 12/10/2023

Singapore real estate investment sales to hit S$18 to S$20b this year

S$22b. In the coming months, Knight Frank said Singapore’s capital markets space will be characterised by investors on the search for assets being primarily focused on adding value to the properties ...

Posted on 12/10/2023

Cautious Resilience: Singapore’s Central Bank Holds Steady Amid Economic Challenges

A Steady Hand Amid Economic Turbulence In the face of declining core inflation and a fragile economic growth trajectory, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is ...

Posted on 12/10/2023

Commentary: Singapore banks’ latest anti-scam measures may be inconvenient, but would you rather lose your life savings?

In others, an enforced wait time slowed down their tasks. In some other cases, they had to uninstall certain apps for their mobile banking apps to work. The Association of Banks in Singapore (ABS) ...

Posted on 12/10/2023

Singapore is winning out over Hong Kong, ANZ bank CEO says

ANZ Group Holdings chief executive officer Shayne Elliott said his customers moved more of their business to Singapore from Hong Kong in the past few years as the smaller Asia-Pacific trading hub ...

Posted on 12/10/2023

Borsig IPO to alleviate KNM’s financial woes

The initial public offering (IPO) exercise of machinery and equipment unit Borsig GmbH on the Singapore Exchange (SGX) should uplift KNM Group Bhd by aiding its repayments to creditors, says Borsig ...

Posted on 12/10/2023

Coinbase’s MPI License: A Game-Changer For Crypto In Singapore, But A Challenge For Competitors

Coinbase, the largest cryptocurrency exchange in the US, has recently obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS), the country’s central bank and ...

Posted on 12/10/2023

Palestinian terrorists behind Israel attack raised nearly $100M in crypto

Palestinian Islamic Jahid (PIJ) and its Lebanese ally, Hezbollah, have collectively received over $134 million in ...

Posted on 12/10/2023

Singapore Secures Historic Cross-Border Electricity Contract with Indonesia

A Milestone for Singapore’s Green Energy Goals Singapore has recently celebrated a significant victory in its pursuit of greener energy. The city-state received conditional approvals for five projects ...

Posted on 12/10/2023

Debunking three french food myths in Singapore

Whenever one thinks of French food, it conjures images of fancy, elaborate and overly rich dishes served in upscale, fine-dining restaurants in Singapore. But how true is this? Yahoo Southeast Asia ...

Posted on 12/10/2023

Grab Singapore suspends driver who allegedly made racist comments to passenger, asked him to ‘get out’ of car

A male Grab driver who allegedly made racist comments towards his passenger and then asked him to get out of the vehicle has since been suspended, the ...

Posted on 12/10/2023

Singapore Charities Hit by Money Laundering Scandal: Over S$380,000 Donated

Unexpected Windfall under Suspicion Two prominent Singapore charities, The President’s Challenge and Community Chest, have found themselves embroiled in a billion-dollar money laundering case. The ...

Posted on 11/10/2023

Singapore stocks close lower on Wednesday, STI down 0.2%

Regional bourses enjoyed a modest rally on Wednesday on the back of optimism over interest rates in the United States, but local shares went a smidgeon south amid an air of caution. Read more at ...

Posted on 11/10/2023

ABN Amro will no longer offer corporate banking as it surrenders licence here; clearing services unaffected

ABN Amro Bank has surrendered its licence in Singapore and will no longer provide corporate and institutional banking services. Read more at straitstimes.com.

Posted on 11/10/2023

3 foreigners fined for illegally working as food delivery riders in Singapore

Three foreigners were fined for illegally working as food delivery riders. Find out the details of the fines and the Ministry of Manpower's ongoing efforts to curb these activities.

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