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Month: April 2024

Posted on 30/04/2024

OCBC should be seen as ‘financial conglomerate’ unlike local banking peers, says chairman

OCBC should be seen as a financial conglomerate of many parts, setting it apart from the other two local banks in Singapore, said its chairman Andrew Lee. Read more at The Business Times.

Posted on 30/04/2024

DBS must still hold additional capital buffer due to service disruptions despite ‘progress’: MAS

SINGAPORE - The Monetary Authority of Singapore (MAS) will not extend a six-month restriction on DBS Bank’s non-essential banking activities, which was imposed due to disruptions to the bank’s ...

Posted on 30/04/2024

Asia’s first crypto ETFs debut in Hong Kong, demand remains uncertain

Hong Kong has made history as it launched Asia’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs) in an event attended by major financial market players in the country. The ETFs, issued by ...

Posted on 30/04/2024

PGA Tour goes to Dallas for same course and new title. LIV Golf plays in Singapore

Shane Lowry, of Ireland, hits out of the sand on the 15th fairway during the final round of the PGA Zurich Classic golf tournament at TPC Louisiana in Avondale, La., Sunday, April 28, 2024. (AP ...

Posted on 30/04/2024

Singapore PM Lee to make final major political speech at May Day Rally before handover new leader

Prime Minister Lee Hsien Loong will deliver his last major political speech as head of government at the annual May Day Rally on the morning of May 1.

Posted on 30/04/2024

Daily Cuts – How cooling local employment growth could impact Singapore’s economy

Singapore Today's Daniel Martin and Hui Wong speak with Arun Pai, Principal, Monk's Hill Ventures, about how local employment growth cooling in the first quarter of 2024 could impact our economy.

Posted on 30/04/2024

Mobile-health Network Solutions Opens New Retail Pharmacy

SINGAPORE, April 30, 2024 (GLOBE NEWSWIRE) -- Mobile-health Network Solutions (Nasdaq: MNDR) (“MaNaDr” or “the Company”), a leading Asia-Pacific telehealth provider, today announced the grand opening ...

Posted on 30/04/2024

Singapore Authorities Lift DBS’s Six-Month Technology Timeout

By Kimberley Kao Singapore authorities won't extend a six-month restriction it slapped on DBS after the lender suffered a string of ...

Posted on 30/04/2024

Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August

Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies.

Posted on 30/04/2024

RI, Singapore move forward with solar power export plan

President Joko “Jokowi” Widodo announced at the Leaders’ Retreat at Bogor Palace on Monday that the government would move forward with a plan to enable solar power exports to Singapore.

Posted on 30/04/2024

Singapore Regulator Ends DBS’ Six-Month Digital Banking Penalty

Singapore’s financial regulator is ending a six-month ban that restricted DBS Group Holdings Ltd. from non-essential activities, after the country’s largest lender improved weaknesses related to a series of glitches in its digital banking services.

Posted on 30/04/2024

Singapore’s Ninja Van lays off about 10% of tech team in the region

SINGAPORE: Logistics provider Ninja Van has laid off about 10 per cent of the region’s tech team. Following a recent cost evaluation, the company has determined that “less than 10 per cent of the region’s tech team is no longer required”, a Ninja ...

Posted on 30/04/2024

More than 800 Hyundai, Kia EVs in Singapore to undergo recall for electronics fault

KOREAN carmakers Hyundai and Kia have issued a recall for three models of electric vehicles (EVs) in Singapore for potential faults in the vehicles’ charging system, which may cause them to lose power ...

Posted on 30/04/2024

Majority of Singapore companies view generative AI as crucial skill, but skills gap poses a challenge: NTUC survey

SINGAPORE: A recent survey conducted by the labour movement has revealed that approximately 80% of companies in Singapore believe that generative artificial intelligence (AI) will become a crucial ...

Posted on 30/04/2024

Why Chinese MCU suppliers are eyeing Singapore amid de-Chinafication

Amid the ongoing technology war between the US and China, the intensification of the "de-Chinafication" effect is apparent.

Posted on 30/04/2024

China Construction Bank Singapore Branch Signs Statement of Intent with MAS-launched ESG data platform Gprnt

China Construction Bank Corporation's Singapore Branch ("CCB Singapore") announced today that it has signed a Statement of Intent ("SOI") with Gprnt to explore ESG data model interoperability, ...

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