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Month: February 2024

Posted on 05/02/2024

Singapore’s bank OCBC doubles SMEs sustainable financing to $5.2 bln in 2023

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) has more than doubled the sustainable financing it extended to small and medium enterprises (SMEs) to over S$7 billion ($5.20 ...

Posted on 05/02/2024

High-Yield! 4 Singapore REITs with at least 5.4% distribution yields

SINGAPORE: Singapore’s Real Estate Investment Trusts (REITs) have proven robust despite inflation threats, providing a steady source of dividends for income investors. Here are four Singapore REITs ...

Posted on 05/02/2024

Singapore-based CLINT to invest in three industrial facilities at OneHub Chennai

CHENNAI: Singapore-based CapitaLand India Trust (CLINT) will acquire three industrial facilities of Casa Grande Group with a total net leasable area of 0.79 million sq ft at OneHub Chennai for Rs 268 ...

Posted on 05/02/2024

Singapore shares fall amid signal of slower-than-expected US rate cuts, STI down 1.4%

Key regional indexes were mostly down. Hong Kong’s Hang Seng Index inched down 0.2 per cent, while South Korea’s Kospi Composite Index shed 0.9 per cent. The FTSE Bursa Malaysia Kuala Lumpur Composite ...

Posted on 05/02/2024

Singapore passes law to hold ‘dangerous offenders’ beyond prison terms

Singapore on Monday passed a law to hold "dangerous offenders" indefinitely, even after they complete their jail sentences. ( read original story ...)

Posted on 05/02/2024

Singapore shares sink on Monday after Powell signals slower-than-expected rate cuts; STI down 1.4%

SINGAPORE shares ended Monday (Feb 5) in the red, after United States Federal Reserve chair Jerome Powell said the Federal Open Market Committee is unlikely to make a rate cut in March. Read more at ... ( read original story ...)

Posted on 05/02/2024

Singapore jails helper who stole more than US$30,000 from employer with dementia

Albertina Kallu remitted the entire amount to her bank account in Indonesia and spent it all, including on building a house, the court heard. ( read original story ...)

Posted on 05/02/2024

Singapore to review Formula One deal, audit 2022 race following S. Iswaran probe

Iswaran resigned last month after being charged with corruption, including allegedly obtaining tickets to musicals and soccer matches in the UK. He denies the charges.

Posted on 05/02/2024

Singapore To Review F1 Deal With Hotel Tycoon’s Firm Amid Graft Probe

The Singapore government will review the terms of the Formula ... Ong and Iswaran were arrested in July but no formal charges have been brought against the business tycoon, who was granted bail.

Posted on 05/02/2024

Partnerships between landlords, flexible office providers will kill off traditional lease business model, says Singaporean co-working space operator TWP

The days of independent co-working companies taking tonnes and tonnes of leases are basically over,' says founder of The Work Project TWP has secured the backing of Dexus, an Australian real estate ...

Posted on 05/02/2024

Alipay+ adds six more international e-wallets for use in Singapore

Ant International, which is the international arm of Chinese fintech giant Ant Group, added six new international e-wallets to Alipay+. Tourists in Singapore can now use their domestic e-wallets to ...

Posted on 05/02/2024

UNIONPAY SINGAPORE WELCOMES INTERNATIONAL VISITORS

with close to 5.5 million tokens linked to top Singapore's e-wallets or mobile banking apps that are enabled with UnionPay QR Code. This shift towards mobile payments is not exclusive to Singapore but ...

Posted on 05/02/2024

Singapore Bio-Tech Company Bio Ark Global Partners Bandung’s State-Owned Enterprise, Signs MOU To Be Awarded 4000ha Of Land In Pemalang

Bio Ark Global Pte Ltd has announced that a Memorandum of Understanding (MOU) has been formalised in Bandung Indonesia to mark its expansion in Southeast Asia.

Posted on 05/02/2024

Why are cats the most abandoned pets in Singapore? Lack of accountability and sterilisation, say welfare groups

The SPCA and animal welfare groups shared why cats were the most abandoned pets in Singapore last year. What can be done about it?

Posted on 05/02/2024

Why a soft landing for Singapore property might be no landing at all

Why Singapore’s residential property market is not about to hit the skids In the commercial sector, rents for grade A offices in Singapore’s central business district (CBD) declined last quarter, on a ... ( read original story ...)

Posted on 05/02/2024

Citibank Enhances Debit Card Benefits for Top-Tier Clients and is First Bank in Singapore

Citibank Singapore is offering its high-net-worth clients enhanced debit card privileges with the new Citigold Private Client (CPC) World Elite Debit ...

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