IN her ministerial statement earlier this week, Second Minister for Home Affairs Josephine Teo noted that the government has taken “serious enforcement” against money laundering in Singapore. Read ...
Singapore: Retail Sales improved in August – UOB
UOB Group’s Suan Teck Kin, CFA, and Associate Economist Jester Koh assess the recently published Retail Sales readings in Singapore.
UOB First Singapore Bank to Trial Microsoft 365 Copilot Generative AI Tool
UOB becomes the first in Singapore to explore Microsoft's 365 Copilot, aiming to integrate Generative AI into daily banking operations.
Issue 69: Dealing with Singapore’s coming carbon tax windfall; nudging private capital towards climate adaptation
A national climate trust fund could enable the optimal use of carbon tax revenue, while experts urge stronger participation from businesses and investors in addressing climate loss and damage. Read ...
Digital economy contributed 17.3% to Singapore’s GDP, over 200,000 tech jobs in 2022
Local tech workers command a median monthly wage of S$7,376, more than the overall resident median wage of S$4,500.
Acuutech Celebrates Being Ranked #3 in the 2023 Singapore Best Workplaces in Technology List by Great Place To Work Singapore
Acuutech has been awarded as one of Singapore’s Best WorkplacesTM in Technology. In its third instalment, a total of 33 companies over four different categories, micro, small, medium and large, have ...
At least $1.2 million lost from travel package scams in Singapore in September
At least 43 victims fell prey to $1.2 million worth of travel package malware scams that surfaced as social media ads in September.
Two men charged over suspected involvement in banking-related malware scams
SINGAPORE – Two men were charged in court on Friday for their suspected involvement in banking-related malware scams. Jerry Chua Zhen Shen, 32, and Png Kok Wah, 56, were each handed one charge of ...
We’re sticking to our China call as valuations are ‘super compelling,’ DBS says
Hou Wey Fook of Singapore's largest lender says he ranks India the highest when compared with Japan and Vietnam.
Singapore police appear to confirm arrest of Three Arrows co-founder Su Zhu
Last week, the company's liquidators, Teneo, said that Zhu had been "apprehended" on Sept. 29 at Changi Airport in Singapore ...
Cost of car ownership soars in Singapore
The cost of a certificate to own a large family car in Singapore has jumped to a fresh record high of S$146,002 ($106,619; £87,684). The city-state introduced the 10-year certificate of entitlement ...
Singapore Savings Bond: Latest interest rate and guide to investing
The Monetary Authority of Singapore (MAS) released information on the Singapore Savings Bond (SSB) latest tranche which has a new year-to-date high total average return per year of 3.32 per cent. The bond,
Singapore renewable developer seeks partners for massive battery
Infrastructure developer Morrison & Co. has begun talks with possible strategic partners for a mega-sized battery project in Indonesia aimed at weaning Singapore off natural gas.
Financial Firms Are Flocking to Singapore But Hong Kong Keeps Its Edge
Hong Kong is still the first stop for businesses looking to crack the world’s second-largest economy; Singapore’s economic backyard in Southeast Asia is far smaller.
How the ICA foils attempts to smuggle contraband into Singapore
As hundreds of vehicles were making their way into Singapore during the holiday season ... In addition to the RSP, the vehicle-based Mobile Cargo Inspection System can be driven around and deployed to ...
In Singapore, Just The Right To Own A Car Starts At $76,000 – Excluding The Car
Singapore has long been one of the most expensive countries on earth to buy a car and residents will now have to cough up more than ever to register and drive their vehicles on local roads. To drive a car in Singapore, individuals must participate in a ...