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Month: January 2024

Posted on 11/01/2024

Malaysia, Singapore sign MoU on Johor-Singapore special economic zone

Prime Minister Anwar Ibrahim and his Singapore counterpart Lee Hsien Loong witnessed the signing of the MoU by economy minister Rafizi Ramli and Singapore's trade and industry minister Gan Kim Yong.

Posted on 11/01/2024

Singapore recommends safety standards for apps that carry out high-risk monetary transactions

SINGAPORE: Safety recommendations for apps that carry out high-risk monetary transactions to guard against scams were announced on Wednesday (Jan 10) by the Ministry of Communications and Information ...

Posted on 11/01/2024

Malaysia, Singapore agree to jointly develop special economic zone

Malaysia and Singapore on Thursday agreed to jointly develop a special economic zone (SEZ) in the southern Malaysian state of Johor, the two countries said in a joint statement. The two neighbours ...

Posted on 11/01/2024

Over 670 Singapore Remittances to China Frozen, MAS to Aid Those Affected

The Singapore Police Force received over 670 reports concerning funds remitted to China that were subsequently frozen.

Posted on 11/01/2024

Singapore MPs raise concerns over temporary relaxation of occupancy cap for larger HDBs, private properties

Members of Parliament (MP) from both sides of the house raised questions in Parliament about the government's move to temporarily relax the occupancy cap for larger Housing and Development Board (HDB) ... ( read original story ...)

Posted on 11/01/2024

Potential loss in tobacco tax revenue not a factor in e-cigarette ban: Lawrence Wong

Singapore's decision to ban vaping in 2018 was based on public health considerations, said the Deputy Prime Minister.

Posted on 11/01/2024

Singapore MPs call for banks, telcos to take more responsibility in preventing scams, bear greater share of victims’ losses

SINGAPORE, Jan 11 — Urging financial institutions and telecommunication companies (telcos) to step up and assume greater responsibility in fighting scams and helping victims recover from their losses, ...

Posted on 11/01/2024

Coca-Cola Singapore partners XSQUARE to launch new Autonomous Forklifts and Warehouse Orchestration System

Coca-Cola has launched five new autonomous forklifts (AGVs) at its regional beverage concentrate plant in Singapore, in partnership with XSQUARE Technologies (XSQUARE), Asia Pacific's leading ...

Posted on 11/01/2024

NTAA spac is dissolving, confirming The Edge Singapore’s report

Novo Tellus Alpha Acquisition (NTAA) is not concluding a business combination ahead of the January 26 deadline, confirming The Edge Singapore’s previous report. NTAA denied looking to dissolve the ...

Posted on 11/01/2024

Singapore HDB resale prices to grow by 3-5% this year

Analysts expect around 26,000 to 28,000 transactions to be completed. In December 2023, Singapore’s HDB resale volume experienced a decline for the second consecutive month due to the slowdown in the ... ( read original story ...)

Posted on 11/01/2024

Singapore keeping its eye on data centers and data models as AI adoption grows

Amid the growing adoption of artificial intelligence, Singapore is taking these steps to ensure its data centers are energy efficient and government data used to train models are adequately secured.

Posted on 11/01/2024

Catherine Deneuve to Star in ‘Spirit World,’ Japan-Set Fantasy Film by Singapore’s Eric Khoo (EXCLUSIVE)

French cinema icon Catherine Deneuve has begun filming in Japan of "Spirit World," a fantasy-drama film directed by Singapore's Eric Khoo. Deneuve portrays a singer who dies suddenly while on tour in ...

Posted on 11/01/2024

OCBC prices $450M perpetual capital securities; first callable set for 2029

The notes come with a coupon rate of 4.05% per annum (p.a.) and are subject to redemption conditions. The first callable date is set for 2029, with the option for redemption on Oct 16, 2029, or any ...

Posted on 11/01/2024

Four initiatives launched to combat scams and make the internet safer in Singapore: Here’s what you need to know

Scams have become a rising concern for Singaporeans, with cases rising steadily every year and victims being targeted almost everywhere online, ...

Posted on 11/01/2024

MCI proposes security standards for mobile apps, to build deepfake detectors

SINGAPORE is introducing new standards for mobile app safety and launching a research centre for online safety, Minister for Communications and Information Josephine Teo said in Parliament on ...

Posted on 10/01/2024

‘Money lock’ activated for about 38,000 Singapore bank accounts, protecting over S$3.2 billion in savings

THE “money lock” feature offered by local banks – which lets customers set aside funds so they cannot be transferred – has been activated on about 38,000 accounts in Singapore, with over $3.2 billion ...

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