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Month: May 2024

Posted on 30/05/2024

Singapore to invest nearly S$300 million in quantum tech research and talent

SINGAPORE will invest close to S$300 million over the next five years to boost quantum technology research and talent – including efforts to build processors for quantum computers locally. Read more ...

Posted on 30/05/2024

Fast-fashion behemoth Shein is preparing for an IPO. Here’s an inside look at the challenges it could face.

Fast-fashion phenomenon Shein is expected to go public this year in a hotly-anticipated listing.

Posted on 30/05/2024

BNPL to account for 2% of total spending in Singapore by 2027, unchanged from 2023: Worldpay

BUY now, pay later” (BNPL) will remain as one of the payment methods in Singapore, together with digital wallets and credit and debit cards, according to Worldpay’s 2024 Global Payments Report. Read ...

Posted on 30/05/2024

Investigators’ early findings reveal what happened in Singapore Airlines turbulence disaster

That is according to preliminary findings from the Transport Safety Investigation Bureau of Singapore. Flight SQ321 from London to Singapore had 211 passengers, including 56 Australians, and 18 crew on board last week when the nightmare unfolded over the ...

Posted on 30/05/2024

Sands plots entertainment-focused expansion in Singapore

LAS Vegas Sands plans another development in Singapore to complement its casino resort there, including more space for live entertainment. Read more at The Business Times.

Posted on 30/05/2024

Singapore Prepares Ahead to Leverage Artificial Intelligence for a Better Future

at Asia Tech x Singapore (ATxSG) 2024 today. The Blueprint will enable SMEs to harness technology, optimise the way they work, and strengthen digital resilience and cybersecurity across the ecosystem.

Posted on 30/05/2024

Woman in SG, 75, opened bank account on boyfriend’s behalf, received RM900,000 from suspicious sources

An elderly woman who met her “online boyfriend” on WhatsApp opened a bank account on his behalf which was later used to receive nearly S$260,000 (RM904,636) from suspicious sources.

Posted on 30/05/2024

Rising Singapore-Johor activity rekindle property prospects in Malaysia’s southern tip

KUALA LUMPUR] Johor Bahru is back on the radar of property investors, in anticipation of a surge in prices and rental demand, as new catalysts emerge from the ratcheting up of business activity ... ( read original story ...)

Posted on 30/05/2024

Citi Private Bank sees opportunities in Singapore, region in 2024

Citi Private Bank has completed most of its job cuts and is optimistic about 2024 as it gains new clients in Singapore and the region, and grows its core assets under management by double-digits.

Posted on 30/05/2024

BNPL to account for 2% of total spending in S’pore by 2027, unchanged from 2023: Worldpay

Singapore consumers spent $3.4 billion online and in store using BNPL services. Read more at straitstimes.com.

Posted on 30/05/2024

Flexible work arrangements can temper Singapore’s workaholism

FWAs are coming at an inflection point in labour relations, when burnout and exhaustion have plagued S'pore. Read more at straitstimes.com.

Posted on 30/05/2024

Necessity driving innovation: Fostering Singapore’s fintech ecosystem

SINGAPORE has emerged as a leading hub for innovation, particularly in the fintech sector. According to the Global Innovation Index 2023 by Insead, World Intellectual Property Organisation, and ...

Posted on 30/05/2024

Lloyd Austin expected to meet with Chinese counterpart in Singapore

U.S. Secretary of Defense Lloyd Austin is expected to meet with his Chinese counterpart in person for the first time at a conference in Singapore this week. Austin, who will be in Singapore for the annual Shangri-La Dialogue security meeting this week,

Posted on 30/05/2024

Singapore Airlines jet endured huge swings in gravitational force during turbulence, report says

The Singapore Airlines jetliner that hit severe turbulence last week went through huge swings in gravitational force in less than five seconds, likely causing the injuries to people who weren't buckled into their seats,

Posted on 30/05/2024

Probe finds Singapore Airlines plane fell 178 feet in 5 seconds leaving passengers ‘airborne’

The preliminary investigation into severe turbulence aboard a Singapore Airlines flight in which a Briton died and 71 passengers and crew were injured has found the aircraft plunged 178 feet in four seconds.

Posted on 30/05/2024

Singapore Flight from London that Made Emergency Landing Passenger Died During Severe Turbulence Experienced Rapid Changes in Gravitational Force

According to the report, the pilots engaged controls in an attempt to stabilize the aircraft while gravitational forces were fluctuating.

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