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Month: December 2023

Posted on 28/12/2023

Singtel claims first RedCap trial in Singapore

Singaporean operator Singtel announced that it has successfully completed what it claims to be the country’s first trial of 5G New Radio Reduced Capability (RedCap) technology. In a release, the Asian ...

Posted on 28/12/2023

Singtel trials RedCap technology for IoT devices

RedCap technology reduces power consumption by 60% and device production costs by 50% to 70%. Singtel, with Ericsson and MediatEK, has completed Singapore's first trial of “RedCap" on a live 5G ...

Posted on 28/12/2023

Singapore’s species extinction rate found to be 37% over the past 200 years

A multi-institutional team of biologists and life and environmental scientists has found that Singapore's rate of plant and animal extinction over the past 200 years is approximately 37%. This finding ...

Posted on 27/12/2023

Bybit and Wintermute optimistic about options trading as crypto market rebounds

In the wake of the recent crypto market resurgence, Bybit and Wintermute, key players in the industry, have expressed optimism about the future of options trading.

Posted on 27/12/2023

Singapore stocks extend rally on Fed-fuelled rate optimism; STI up 1%

THE year-end cheer was evident in the region on Wednesday (Dec 27) as optimism fuelled stock markets. Read more at The Business Times.

Posted on 27/12/2023

A Complete Guide to Citibank Foreign Currency Account

Need to hold funds in a foreign currency outside of the region you are residing in? Citibank's Foreign Currency Account may be your solution - with a single account, you can conveniently carry out ...

Posted on 27/12/2023

UOB Vietnam increases charter capital to expand services

VOV.VN - Singapore-based United Overseas Bank (UOB) has decided to inject an additional VND3 billion into its affiliate bank in Vietnam (UOB Vietnam), raising its affiliate’s charter capital to VND8 ...

Posted on 27/12/2023

Malaysian killed in accident at Second Link; he’d just saved enough for a house after working in Singapore for 29 years

After working in Singapore for 29 years, Zhang Changlong (transliteration) had saved enough to buy a home in Malaysia to call his own. But the 46-year-old Malaysian died before he could receive the ...

Posted on 27/12/2023

Singapore reviewing HIV disclosure law after studies show little risk of transmission for those with low viral load

Singapore's Ministry of Health is reviewing a law which requires those with HIV to inform their sexual partners of the risk of transmission or face jail time.

Posted on 27/12/2023

Singapore’s Economic Outlook for 2024

Singapore’s growth forecast for 2024 is looking up and inflation rate is likely to ease. Here’s a quick look at Singapore’s economic outlook for next year.

Posted on 27/12/2023

Singapore and Norway in top ten richest countries

Singapore and Norway make it into the top ten of Global Finances' list of richest countries in the world. But the first place might shock you.

Posted on 27/12/2023

Hong Kong takes the lead as Asia’s crypto hub in 2023— here’s why

Hong Kong has solidified its position as a burgeoning hub for cryptocurrency and Web3 innovation in a noteworthy move. It is important to know that June marked the initiation of the city’s official ...

Posted on 27/12/2023

Singapore-Based FII-Backed Stock In Focus On Divestment of 100% Stake In Subsidiary

Small-cap financial services company LKP Finance Limited has a market worth of around Rs 285 Cr. The stock is in the limelight as the company stated that it is selling all of its shares in its ...

Posted on 27/12/2023

Giant to absorb 1% GST hike in Singapore for 700 essential products for six months in 2024

Supermarket chain Giant will absorb the one per cent rate increase in the Goods and Services Tax (GST) for 700 products from 1 January to 30 June 2024. It announced on Tuesday (26 December) that this ...

Posted on 27/12/2023

Singapore’s Whampoa Digital, Wemade to Establish $100M Web3 Fund to Support Crypto-Asset Initiatives in Middle East

Whampoa Digital and Wemade, a Korean gaming company, have entered into a strategic partnership to collaborate on a $100 million Web3 Fund.

Posted on 27/12/2023

Real estate exemplars succeed at the 18th PropertyGuru Asia Property Awards Grand Final

PropertyGuru Group (NYSE: PGRU) recently announced the winners of the 18th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Dongpeng Ceramic and Subzero Wolf, ... ( read original story ...)

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