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Month: January 2024

Posted on 15/01/2024

‘You cannot wait ah?’ Driver of Singapore-registered car challenges man to fight at JB petrol station

No one enjoys waiting in line - even more so if the guy in front of you appears to be taking his own sweet time. A man challenged a driver to a fight after the latter accused him of taking too long to ...

Posted on 15/01/2024

Equatorial, TFG and Sinopec are Singapore’s top three marine bunker suppliers in 2023

Equatorial Marine Fuel Management Services maintained its top spot among marine bunker suppliers in Singapore, the world's largest bunker hub, while Sinopec Fuel Oil Singapore propelled into No.3 in ...

Posted on 15/01/2024

Singapore now has S$3.2b in funds ‘locked’ to prevent scams: ABS

Singapore now has S$3.2b in funds using local banks’ “money lock” feature, involving 38,000 accounts, according to the Association of Banks in Singapore (ABS). First launched in November by three ...

Posted on 15/01/2024

Schroders launches new multi-asset income fund, arranges exclusive distribution with HSBC

The Schroder ISF Dynamic Income fund was designed in response to the new era of high inflation and interest rates.

Posted on 15/01/2024

Banks don’t send SMS clickable links, SG police and DBS warn after RM1.55mil lost to scams in two weeks

Banks do not send their customers clickable links on SMS, said the Singapore Police Force (SPF) and DBS Bank in a reminder to the public on Jan 14.

Posted on 15/01/2024

Over 200 DBS Customers Lose S$446K This Year to Sophisticated Phishing Scams

No less than 219 customers of DBS bank have reportedly been duped by sophisticated phishing scams in the first two weeks of 2024.

Posted on 15/01/2024

Bitcoin’s ETF hangover saddles crypto token with worst streak in a month

Fanfare has ebbed over new US exchange-traded funds (ETF) for the largest digital asset. Read more at straitstimes.com.

Posted on 15/01/2024

Singapore-headquartered Purpose Venture Capital co-invests US$17.3 mil into biotech startup

Singapore-headquartered Purpose Venture Capital has co-invested US$17.3 million ($23.05 million) into Japanese material creation startup Bioworks, alongside Lavender Hill Capital and 18 Salisbury ...

Posted on 15/01/2024

GXS Bank Receives Continued Backing from Grab with US$109 Million Injection

Grab funneled an additional US$109 Million into GXS Bank through its wholly-owned subsidiary As-DB Holdings Pte Ltd.

Posted on 15/01/2024

Singapore shares rise at Monday’s open; STI up 0.3%

SINGAPORE stocks were pulled into positive territory on Monday (Jan 15), supported by gains from bank stocks and other index counters. Read more at The Business Times.

Posted on 15/01/2024

From livestreaming to ‘shoppertainment,’ Gen Zs lead the way in Singapore’s online shopping space

Gen Zs are an increasingly important consumer segment as their spending power has steadily increased over the past decade.

Posted on 15/01/2024

Hillhouse, Mitsui vying for Singapore’s Eu Yan Sang in $932.5 million deal: Sources

Final binding bids are due by February before Lunar New Year, the sources said. Read more at straitstimes.com.

Posted on 15/01/2024

China central bank set to cut key rate, boost liquidity Monday to aid economy

China's central bank is expected to ramp up liquidity injections and cut a key interest rate when it rolls over maturing medium-term policy loans on Monday, as authorities try to get the shaky economy ...

Posted on 15/01/2024

Number of property agents in Singapore continues to rise amid slower private home sales

Against a backdrop of slower growth, top agencies saw notably shifts in their senior management team. Read more at straitstimes.com. ( read original story ...)

Posted on 15/01/2024

Singapore Art Week Opens This Week Shining A Spotlight On Southeast Asia

As Singapore Art Week returns for its 12th edition from January 19 to 28, 2024 with more than 150 art exhibitions, talks and programs by over 400 artists, curators and partners from Singapore, ...

Posted on 15/01/2024

Singapore semiconductor startup Silicon Box raises US$200 million to hit US$1 billion valuation

SEMICONDUCTOR company Silicon Box has raised US$200 million in a Series B round, bringing its valuation to over US$1 billion less than three years after its founding, the startup said on Monday (Jan 8 ...

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