In the two-month operation, more than 15,000 SMSes were sent to over 11,000 potential scam victims. Read more at straitstimes.com.
Simpler tax-filing for commission agents, delivery workers this year: Iras
The changes will make it easier for the self-employed to file their tax returns or claim tax deductions Read more at straitstimes.com.
T-bills in Singapore: What it is, how to buy and the latest cut-off yield (5 March 2024)
The latest six-month Treasury Bills (T-bills) that was issued on 20 February 2024 had a cut-off yield of 3.66 per cent per annum, and the cut-off price was 98.175. With a S$13.5 billion total amount ...
European Crypto Exchange Bitstamp Receives In-Principle Approval in Singapore
Bitstamp describes itself as the "first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore." ...
EFG Singapore names GSA, Greater China heads
Swiss-headquartered EFG Bank has appointed Ravi Ramakrishnan as EFG Singapore branch’s market group head covering the Global South Asia (GSA) market and Alex See as market group head at Greater China ...
Bitstamp receives in-principle approval from MAS, hopes to soon offer crypto services to individuals and institutions
This news comes on the back of the city-state proposing to tighten rules for retail crypto trading last November.
Crypto exchange Bitstamp gets MAS’ in-principle nod for major payment institution licence
Bitstamp can look to offer digital asset services in Singapore, selected countries in the region. Read more at straitstimes.com.
Ryde announces IPO in the US, but the journey may be far from easy
An IPO listing might be a successful milestone for many startups, but Ryde's case may hint that the move is their last resort.
Lured by ‘profits’ from crypto investment, 63-year-old gives scammers over RM882,000
Tempted by the promise of easy money from a cryptocurrency investment scheme, a 63-year-old man was convinced by a woman who added him on Facebook to part with more than S$250,000 (RM882,501).
Singapore Stock Market Poised To Extend Losing Streak
(RTTNews) - The Singapore stock market has moved lower in three straight sessions, slipping almost 35 points or 1.1 percent along the way. The Straits Times Index now sits just beneath the 3,110-point ...
Singaporean bank DBS CEO Gupta’s total pay dropped 27% to $8.3 mln in 2023
Piyush Gupta, CEO of Singapore's biggest bank DBS Group and one of the highest paid CEOs in the city-state, saw his total compensation dropped 27.3% for 2023, according to the lender's annual report ...
BDx acquires data center freehold in Singapore – report
BDx has reportedly acquired a data center building in Singapore. Citing sources familiar with the transaction, local press including Singapore Business Times and Mingtiandi report Hwa Hong Corp has ... ( read original story ...)
Singaporean bank DBS grows sustainable financing by 37% to $52.1 billion in 2023
Singapore's biggest bank DBS Group has grown its sustainable financing commitments, net of repayments, by 37.3% to 70 billion Singapore dollars ($52.10 billion) as of end-December, from S$51 billion ...
DBS Cuts CEO’s Pay Package in Record Year Marred by Glitches
DBS Group Holdings Ltd. cut Chief Executive Officer Piyush Gupta’s variable pay components in a year which saw disruptions in the bank’s digital services rub some shine off its record profit.
DBS thermal coal exposure down 33% from 2021, ‘on track’ to green five out of seven sectors: 2023 sustainability report
DBS’s sustainable financing commitments, net of repayments, stood at about $70 billion at end-2023, up from $51 billion in 2022.
DBS’s sustainable financing commitments reach $70 billion
The bank also facilitated close to $18 billion of environmental, social and governance bond issuances. Read more at straitstimes.com.