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Month: February 2024

Posted on 20/02/2024

Singapore lures Taylor Swift with grant for sold-out March concerts

Singapore has awarded Taylor Swift a grant to perform in the city-state, government authorities said on Tuesday, acknowledging efforts to persuade the pop superstar to perform on the island - her only ...

Posted on 20/02/2024

OCBC to give 4,600 junior staff in Singapore S$1,000 each to cope with rising cost of living

OCBC will give a one-off payout of S$1,000 each to about 4,600 junior employees in Singapore to help them “better cope with rising cost-of-living concerns”, the bank announced on Tuesday (Feb 20).

Posted on 20/02/2024

OCBC to give 4,600 junior employees in Singapore one-off payment to cope with cost of living concerns

SINGAPORE: OCBC bank is giving 4,600 junior employees in Singapore S$1,000 (US$743) each to help them better cope with rising cost-of-living concerns. The payout is part of a one-off support for close ...

Posted on 20/02/2024

4,600 junior OCBC staff getting $1,000 as help to cope with rising living costs

A total of 4,600 junior OCBC Group employees in Singapore are getting a $1,000 payout aimed at cushioning the rise in living costs. Read more at straitstimes.com.

Posted on 20/02/2024

Singapore stocks rise after China cuts mortgage reference rate, STI up 0.6%

Hong Kong’s Hang Seng Index appeared to be buoyed by the news, rising 0.6 per cent. However, South Korea’s Kospi fell 0.8 per cent, while Japan’s Nikkei 225 was down by 0.3 per cent. On the STI, ...

Posted on 20/02/2024

KPMG: Singapore to remain attractive to businesses with QRTC scheme

Lion City’s adoption of a QRTC scheme could serve as a strategic move to cushion the impact of the new global standard ...

Posted on 20/02/2024

Singapore Airline’s Q3 net profit climbs on robust ticket sales

Net income grew 5% to US$490 million as the carrier extended its lead over regional rival Cathay Pacific Airways.

Posted on 20/02/2024

Singapore: Stepfather jailed after sexually abused girl gets help through law firm’s website

A teenage girl who was sexually abused by her stepfather for two years sought help from a local law firm out of desperation, after other attempts to stop the assaults proved futile.

Posted on 20/02/2024

Singapore looks to accelerate AI development with investment in compute and talent

Singapore is setting aside at least SG$1 billion ($741.97 ... The investments aim to support the government's efforts to tap technology across key sectors and are part of its fiscal 2024 budget, ...

Posted on 20/02/2024

Singapore air show kicks off with orders for China’s COMAC, Boeing

Singapore on Tuesday kicked off Asia's biggest aviation gathering with orders for China's COMAC and Boeing planes as the industry grapples with a rebound in post-pandemic travel demand in the face of ...

Posted on 20/02/2024

Singapore Airlines Posts 5% Rise in Q3 Profit

(Reuters) - Singapore Airlines Ltd (SIA) reported a 4.9% jump in its quarterly net profit on Tuesday, boosted by a strong air travel demand in key markets. The city-state's national carrier reported a ...

Posted on 20/02/2024

Singapore Airlines’ Quarterly Net Climbs on Robust Ticket Sales

Singapore Airlines Ltd.’s profit climbed in the third quarter as booming travel demand boosted ticket sales that helped the carrier’s bottom line. Net income rose 5% from a year earlier to S$659 ...

Posted on 20/02/2024

Yinson mulls US$1 bil funding round for unit before IPO, sources say

The Kuala Lumpur-listed company is working with a financial adviser on the fundraising for Yinson Production Offshore Pte.

Posted on 20/02/2024

Singapore, Hong Kong Spac failures highlight thwarted ambitions

Singapore may have beaten Hong Kong to listing the first Spacs in January 2022, but Mak called that victory “hollow”. Three Spacs — Vertex Technology Acquisition, Novo Tellus Alpha Acquisition and ...

Posted on 20/02/2024

Money laundering accused faces six new charges for alleged forgery and conspiracy to cheat StanChart

CAMBODIAN passport holder Chen Qingyuan, one of the 10 foreign nationals involved in the S$3 billion money laundering case in Singapore, was on Tuesday (Feb 20) slapped with six new charges. Read more ...

Posted on 20/02/2024

Accused in S$3 billion money laundering case handed six new charges related to forgery

SINGAPORE: Cambodian national Chen Qingyuan, one of the 10 accused embroiled in a massive anti-money laundering probe, has been handed more charges.

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