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Month: July 2024

Posted on 18/07/2024

Singtel rebounds but DBS continues slide; STI down 0.5%

SINGAPORE – Increasing fears in the United States that an upcoming Trump administration might begin to erect punishing tariff barriers hit Wall Street and shares across the region on July 18. The ...

Posted on 18/07/2024

Singapore’s Umami Bioworks in US cell-based pet-treats venture

Singapore-based cultivated-seafood business Umami Bioworks has inked a deal with US firm Friends & Family Pet Food Co. (FnF) to create lab-grown fish treats for cats. Claiming a world first for such a ...

Posted on 18/07/2024

Singapore’s budget airline Scoot to fly to Singapore via Subang from Sept 1, bookings open now

Singapore’s Scoot, a subsidiary of Singapore Airlines (SIA) announced that it will start operations from Sultan Abdul Aziz Shah Airport in Subang from September 1. The Subang to Singapore and ...

Posted on 18/07/2024

Unveiling Singapore’s Smart Cities: Pioneering Urban Innovation and Future Sustainability

Rise above the skyline of Singapore, and you’ll witness a fascinating tapestry of urban development, woven from the threads of visionary leadership, cutting-edge technology, and a relentless pursuit ...

Posted on 18/07/2024

U.S.-China tensions are not a ‘new Cold War,’ veteran Singapore diplomat Bilahari Kausikan says

Bilahari Kausikan, Singapore's former permanent representative to the United Nations says that countries and companies have to be calm, clinical and agile to navigate the current geopolitical ...

Posted on 18/07/2024

Allianz vies for majority stake in Singapore’s Income Insurance

"Allianz vies for majority stake in Singapore’s Income Insurance " was originally created and published by Life Insurance International, a GlobalData owned brand.

Posted on 18/07/2024

ThaiBev proposes share swaps involving F&N, Frasers Property to become pure F&B player

ThaiBev, which is run by Mr Charoen’s son Thapana, said that by exiting the property business, the company can focus on becoming a “stable and sustainable” Asean F&B player. The move will also enable ... ( read original story ...)

Posted on 18/07/2024

Billionaire Charoen’s Thai Beverage to Exit Frasers Property

Thailand’s richest person Charoen Sirivadhanabhakdi is seeking to realign his sprawling business empire along clearer lines, as the beverage giant he founded exits a property firm he also controls. ( read original story ...)

Posted on 18/07/2024

Standard Chartered Private Bank announces key hires in Singapore

Nicholas Cheng has been appointed as managing director, head of private markets group, and is set to report to Foo Tian Ong, regional head of private banking in Southeast Asia, and Singapore location ...

Posted on 18/07/2024

Standard Chartered bolsters Singapore private banking with new hires

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 18/07/2024

Unveiling the Sentosa Cove Saga: OCBC’s Sale of Seized Land and Singapore’s Money Laundering Scandal

In a dramatic turn of events echoing through Singapore’s financial corridors, Oversea-Chinese Banking Corp (OCBC) recently made headlines with the sale of a prime land plot at Sentosa Cove, central to ...

Posted on 18/07/2024

More Singapore businesses aware of and benefited from free trade agreements in 2023: SBF

according to the Singapore Business Federation’s Free Trade Agreement Survey 2023. The survey was conducted between October and December 2023. More than 800 businesses across industries in Singapore ...

Posted on 18/07/2024

Singapore continues to see strong growth in wealth inflows; MAS working to reduce wait time

SINGAPORE continues to see strong growth momentum for wealth inflows, even as financial institutions stepped up onboarding processes in the wake of the S$3 billion money laundering case uncovered last ...

Posted on 18/07/2024

Singapore sees growth in assets management, debt market last year

SINGAPORE, July 18 (Xinhua) -- Singapore's asset management volume reached 5.41 trillion Singapore dollars (4 trillion U.S. dollars) by 2023, a 10 percent growth from the previous year, according to ...

Posted on 18/07/2024

NEA officer receives S$20,000 PayNow transfer sent by mistake, withdraws & uses it, gets fined

A man in Singapore intending to transfer S$20,000 to himself via PayNow mistakenly keyed in the wrong mobile number and sent the money to a stranger instead. But when he messaged the recipient, Cho ...

Posted on 18/07/2024

Singapore Central Bank Commits $74.6 Million New Funding to Boost AI, Quantum Tech in Sector

Singapore's central bank has committed new funding to boost the adoption of artificial intelligence and quantum technologies in the financial sector, focusing on security and innovation. The Monetary ...

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