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Month: July 2024

Posted on 03/07/2024

Singapore prepared to recognise State of Palestine, but also wants right to exist for Israel, says FM Vivian Balakrishnan

The minister emphasised that a two-state formation ensuring peace for both parties was “the only viable path for achieving a comprehensive, just, and durable solution to this conflict”.

Posted on 03/07/2024

Fans of K-actor Byeon Woo-seok flame event organiser online after Singapore fan meet fiasco

Headlined by the Lovely Runner star, the show started an hour late without explanation and the host was called "unprofessional". Read more at straitstimes.com.

Posted on 03/07/2024

Will the FWD-Income deal pave the way for less direct selling in Singapore’s motor insurance market?

SINGAPORE - The wheels are in motion for Singapore drivers to have one fewer option if they want to buy motor coverage directly from insurers. With digital insurer FWD out of the motor underwriting ...

Posted on 03/07/2024

Singapore Bank Shares Extend Record Highs on Dividend Yield View

Optimism over further dividend payouts coupled with elevated Federal Reserve interest rates hopes are helping push Singapore bank shares to fresh highs. “Clients are rotating to play the ...

Posted on 03/07/2024

Weapons finance scrutiny to be part of Singapore casino AML

Singapore’s parliament gave a first reading on Tuesday to a bill that will – among other things – amend the city-state’s Casino Control Act to tighten requirements for casino operators to conduct ...

Posted on 03/07/2024

6 family office funds tied to Singapore launder case got tax breaks

Six single family office funds linked to a S$3 billion money laundering case in Singapore have received tax incentives from the Monetary Authority of Singapore.

Posted on 03/07/2024

Nine in 10 Singapore firms fall short in measuring Scope 3 emissions: report

"Knowledge deficits linked to inaction." The vast majority or 94% of Singapore organisations fail to fully measure and analysing their Scope 3 emissions, according to a joint report by Schneider ...

Posted on 03/07/2024

Suspected troll sparks heated debate after suggesting it’s better to be Malaysian than Singaporean working in Singapore

One Facebook user advised the post author not to bite the hand that feeds him but to “Do your best for SG while achieving your goal!” ...

Posted on 03/07/2024

Jail, fine for Singapore’s serial conwoman who cheated 12 victims of over S$106k in various scams

SINGAPORE: A serial conwoman who cheated 12 victims of more than S$106,000 in total in various scams was sentenced to three years’ jail and a fine of S$2,000 on Wednesday (July 3).

Posted on 03/07/2024

Bloomberg Intelligence: credit card operations to remain Singapore banks’ strength in the second half

UOB could see the biggest y-o-y growth in credit cards' contribution to total fee income in 2024 locally, says Bloomberg's Kwok.

Posted on 03/07/2024

SG banks turn to upskilling as hiring sentiments turn ‘cautious’

Roles related to wealth advisory and anti-ML and fraud are most in demand. The number of bankers and staff employed by Singapore banks mostly remained at the same level as in 2022, although most ...

Posted on 03/07/2024

Singapore banks continue ascent on Wednesday; DBS, OCBC chart new territory

AFTER setting fresh records the day before, Singapore’s banks maintained their rising trajectory with DBS and OCBC soaring to unprecedented highs on Wednesday (Jul 3) morning. Read more at The ...

Posted on 03/07/2024

About half of Singapore companies are still looking to hire more staff: Report

SINGAPORE: Singapore’s labour market is expected to remain tight as demand for talent continues to... The post About half of Singapore companies are still looking to hire more staff: Report appeared f ...

Posted on 03/07/2024

Westcon-Comstor to distribute Nokia’s drone-in-a-box

Westcon-Comstor has been selected as a distributor for the Nokia Drone Networks drone-in-a-box solution. Under the agreement, Westcon-Comstor will become an approved distributor of Nokia Drone ...

Posted on 03/07/2024

Rape convict becomes first Japanese national to receive corporal punishment in Singapore

Kita pleaded guilty to the charges. The Japanese embassy in Singapore confirmed that Kita is the first Japanese national to receive caning as part of his punishment. In Singapore, caning is a legal ...

Posted on 03/07/2024

Singapore goalkeeper Hassan Sunny donates $10,000 from China fans to charity

Singapore goalkeeper Hassan Sunny has donated to charity S$10,000 from what he received from thankful Chinese football fans. The fans sent money to his hawker business in appreciation of his heroics ...

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