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Month: February 2024

Posted on 14/02/2024

Former ecommerce giant Wish sold to Singapore’s Qoo10 for less than 1% of its peak value

Disclaimer: Opinions expressed below belong solely to the author. In a painful fall from grace, the once viral low-cost e-commerce marketplace Wish is to be acquired by Singapore's Qoo10 for just ...

Posted on 14/02/2024

Singapore is third-best country to relocate to and build family wealth, says report

Picking the right country is key to ensuring multi-generational wealth, the study found. Read more at straitstimes.com.

Posted on 14/02/2024

All foreign visitors can use automated lanes at Singapore checkpoints from second half of 2024: ICA

SINGAPORE — Starting from the second half of 2024, all foreign visitors to Singapore, regardless of nationality, will be able to use automated lanes to clear immigration at all of the city-state's ...

Posted on 14/02/2024

CapitaLand Investment establishes CapitaLand Ascott Residence Asia Fund II to invest in lodging properties amidst growing demand

CapitaLand Investment has established CapitaLand Ascott Residence Asia Fund II with a target equity size of US$600 million (S$800 million) to invest in lodging properties. It has secured first close ...

Posted on 14/02/2024

Standard Chartered weighs breaking up corporate, investment bank

Standard Chartered Plc is considering restructuring its institutional banking arm, the unit that houses the firm’s investment bankers and traders, as part of the latest effort by Chief Executive ...

Posted on 14/02/2024

Commentary: DBS CEO’S 30% variable pay cut raises issues of accountability

Singapore banks rely heavily on "pay for performance" practices to reward senior management. They must ensure that remuneration policies drive the right behaviour, says NUS corporate governance expert ...

Posted on 14/02/2024

International Energy Agency to open first regional office in Singapore

The International Energy Agency can assist the Association of Southeast Asian Nations (ASEAN) with its plans for a regional power grid, says one analyst.

Posted on 14/02/2024

Singapore-owned plane that crashed was flying in unusual pattern, says Malaysian villager

One fruit seller said he heard a very loud explosion before the crash happened. Read more at straitstimes.com.

Posted on 14/02/2024

Singapore police launch investigation into alleged offences surrounding Israel-Hamas conflict

Read more about Singapore police launch investigation into alleged offences surrounding Israel-Hamas conflict on Devdiscourse ...

Posted on 14/02/2024

Prioritise ‘charismatic’ species such as otters, pangolins in conserving wildlife, say Singapore researchers

With an estimated 37 per cent of Singapore’s biodiversity having been lost in the last 200 years, scientists have proposed prioritising “charismatic” species in conservation efforts.

Posted on 14/02/2024

TikTok CEO’s Senate grilling on China ties could ‘undermine’ US image: Singapore envoy

Questions like those put to Chew Shou Zi can hurt how America is ‘viewed in different parts of the world’, says city state’s ambassador in Washington.

Posted on 14/02/2024

ST-UOB round-table event on Feb 19 to discuss Budget measures to tide S’pore over volatile times

SINGAPORE – Budget 2024 will be put under the microscope at a roundtable discussion on Feb 19 organised by The Straits Times and UOB. Read more at straitstimes.com.

Posted on 14/02/2024

Commentary: What DBS CEO Piyush Gupta’s 30% variable pay cut says about accountability

Singapore banks rely heavily on "pay for performance" practices to reward senior management. They must ensure that remuneration policies drive the right behaviour, says NUS corporate governance expert ...

Posted on 14/02/2024

Euronet acquires Singapore business to tap into a $1.2B market for online transactions

The acquisition will add 200 senior managers, software developers and architects to Euronet's global team. It also will expand Euronet’s client pool to Infinitum customers, which include big banks and ...

Posted on 14/02/2024

Blockchain Festival and Traders Fair 2024: Shaping the Future of Finance and Blockchain in Singapore

FINEXPO proudly hosts two events namely the Blockchain Festival and Traders Fair Singapore at the iconic Marina Bay Sands.

Posted on 14/02/2024

Crypto Has an Unrealized Opportunity in Asia

Practical retail use of crypto in developing markets is converging with institution adoption, BitGo Director Abel Seow writes.

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