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Month: February 2024

Posted on 25/02/2024

Singapore probes remittance firm on suspected fraudulent trading

Singapore-based remittance firm Samlit Moneychanger Pte. is being investigated for offences including suspected fraudulent trading, marking the most significant development yet in a fund-freeze ...

Posted on 24/02/2024

Best savings accounts in Singapore with highest interest rates (February 2024)

So far, 2024 has been pretty hard on our bank accounts. Between the GST hike and an impending recession, it looks like our wallets are taking quite a hit this year, even with the government payouts to ...

Posted on 24/02/2024

Singapore Stocks: Singtel’s Q3 Marred by One-Time Charges

In contrast, Singtel Singapore continued to face pressure in its home market from macro challenges and weak spending ... while revenues fell 3.2% compared to the same period last year. Is Singtel a ...

Posted on 24/02/2024

Singapore Remittance Firm Samlit Denies Fraud Amid MAS Probe

Samlit Moneychanger Pte. denied carrying out any fraudulent trade, after the Singapore-based remittance services provider became the subject of a probe by the city-state’s central bank.

Posted on 24/02/2024

Carousell halts sale of Taylor Swift’s Singapore concert tickets to fend off scams

Although the sale of concert tickets is not prohibited on the platform, Carousell’s chief of staff Su Lin Tan said Swift’s concert is “unique in that we expect many overseas ...

Posted on 24/02/2024

Geography, convenience, and political stability: Why music stars like Taylor Swift come to Singapore

SINGAPORE - Concerts are big business, and experts say Singapore is solidifying its position in the global entertainment space, especially off the back of two sold-out six-concert runs helmed by ...

Posted on 24/02/2024

Singapore landlord criticised for trying to rent out sparse HDB utility room: ‘A morgue would be better’

A landlord in Singapore has received strong backlash from netizens after he put up his sparse HDB utility room for rent. What did the netizen say?

Posted on 24/02/2024

More e-hongbaos given out in Singapore this Chinese New Year

Most banks ST contacted said the number of e-hongbaos sent increased in 2024, compared with 2023. Read more at straitstimes.com.

Posted on 24/02/2024

Singapore PSP Opposition Chief Steps Down After Fake News Charge

Leong Mun Wai, a top opposition lawmaker, stepped down as chief of the Progress Singapore Party, shortly after the government invoked the fake news law against him.

Posted on 24/02/2024

Top Stock Market Highlights of the Week: Singapore’s Fibre Network, Elite Commercial REIT and Nvidia

We look at the latest results from a REIT and a GPU manufacturer while examining the latest announcement of a fibre network upgrade by the Singapore government. The post Top Stock Market Highlights of ...

Posted on 24/02/2024

Singapore’s Mobile-health Network files for $10M US IPO

Mobile-health Network Solutions (MNDR), a Singapore-based telehealth solutions provider, has filed for a $10M U.S. initial public offering. The company said in an SEC filing that it was looking to ...

Posted on 24/02/2024

Standard Chartered boss Bill Winters sounds alarm over share price

Standard Chartered's boss has admitted that the lender's share price ... The bank, which has no UK branches and operates in markets such as China, Hong Kong and Singapore, is best known in Britain as ...

Posted on 24/02/2024

UOB FY23 net profit rises 26% to record S$6.1bn

UOB will provide its junior employees, Class II officers and below, an extra month of bonus on a one-off basis. This additional bonus will be paid to about 6,000 employees across the Group, of whom ...

Posted on 24/02/2024

Budget boost for firms to help Singapore stay competitive even after global tax kicks in

The refundable investment credit will support high-value manufacturing, innovation, R&D and more. Read more at straitstimes.com.

Posted on 24/02/2024

Singapore Budget cuts costs for businesses, keeps focus on long-term economic goals

Building the capabilities of businesses and staff remains an ongoing effort, said roundtable experts. Read more at straitstimes.com.

Posted on 24/02/2024

Singapore SMEs need MNC contracts to escape ‘the small size trap’

Leaving it to market forces will not lead to flourishing courtships between MNEs and local SMEs. Read more at straitstimes.com.

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