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Month: August 2024

Posted on 23/08/2024

Qatar to shut down 3G networks by end-2025

The Government of Qatar has also decided to immediately ban the import of mobile phones that support only 2G and 3G technologies ...

Posted on 23/08/2024

Malaysia-Singapore relationship ‘complex but important’

SINGAPORE: Agencies from both sides of the Causeway are working hard to resolve longstanding issues, says the republic’s Senior Minister of State for Foreign Affairs and National Development, Sim Ann. She said frequent contact, coupled with the blessings ...

Posted on 23/08/2024

Singapore solved its housing crisis. It could hold lessons for Australia

Singapore's home ownership rate has risen from 40% in the 1970s to 90% today. A leading economist thinks Australia could learn from its policies.

Posted on 23/08/2024

Singapore says it has detected 13 cases of mpox Clade 2 infection in 2024

Singapore has detected 13 cases of mpox Clade 2 infections this year, the health ministry said in a bulletin on Thursday.

Posted on 23/08/2024

Singapore Tightens Mpox Surveillance Amid Rising Global Concerns

Singapore has identified 13 mpox Clade 2 cases this year. The health ministry assures that these infections are of the 'less severe' variant. Thailand has confirmed a case of the more concerning Clade ...

Posted on 23/08/2024

Singapore’s fine-dining scene in dire straits; more closures expected before year end

Michelin-starred Sommer will be no more. Former star Beni recently shuttered without a word. Popular fine-dining favourite Voyage is also set to close at the end of December. Longstanding Bam!

Posted on 23/08/2024

Singapore steps up precautionary measures against mpox at air, sea checkpoints

SINGAPORE: The Ministry of Health (MOH) on Thursday (Aug 22) issued an update on precautionary measures against mpox.  Here is the Health Ministry's statement in full:  The Ministry of Health (MOH), M ...

Posted on 22/08/2024

Scam victims in Singapore lost $385.6m in first half of 2024 as cases hit high of 26,587

Singapore is lowering the maximum limit on daily CPF withdrawals from $200,000 to $50,000, starting next month. It's also considering giving police the power to restrict a scam victim's banking ...

Posted on 22/08/2024

Revenue-Based Finance Provider Efficient Capital Labs Secures Series A Funding Co-Led by QED and 645 Ventures

Efficient Capital Labs (ECL), one of the leading revenue-based financing providers that provide non-dilutive capital to B2B SaaS companies in the South Asia-U.S. corridor, has announced fundraising of ...

Posted on 22/08/2024

Major Stake Sales and Purchases in PNB Housing Finance

Asia Opportunities V (Mauritius) sold a 3% stake in PNB Housing Finance for Rs 676 crore, while the Government of Singapore acquired 16 lakh shares for Rs 143.74 crore. This transaction reduced Asia ...

Posted on 22/08/2024

DBS and UOB not worried about competition from digital banks

Traditional banks in Singapore have managed to maintain market share in casa growth despite the presence of pure digital banks.

Posted on 22/08/2024

DBS: CDLHT and FEHT likely top beneficiaries of expected Sept rate cuts

DBS experts said that REITs with over 20% of their loans unhedged will see the most immediate gains, as reported by Singapore Business Review. DBS said CDL Hospitality Trusts (CDLHT) and Far East ...

Posted on 22/08/2024

PayPal partners with crypto bank Anchorage Digital to offer stablecoin rewards—despite murky legal rules

As the crypto industry fights for clarity on stablecoin oversight, Anchorage insists that its novel program operates outside the jurisdiction of the SEC.

Posted on 22/08/2024

Singapore slams 70,000 euros fines for chewing gum

Beware, this candy could cost you an arm and a leg if you chew it in this country. Every day, millions of us around the world chew gum. As a treat that shouldn't be swallowed, many of us opt to spit ...

Posted on 22/08/2024

Savills Singapore achieves S$1.047B in year-to-date sales, up 169%

SINGAPORE: Savills Singapore’s Investment Sales & Capital Markets has recorded S$1.047 billion in sales so... The post Savills Singapore achieves S$1.047B in year-to-date sales, up 169% appeared first ...

Posted on 22/08/2024

Singapore slams 70,000 euro fines for chewing gum

In order to prevent chewing gum from polluting sidewalks, tourist sites and nature in general, Singapore (Asia) has introduced a law against chewing gum. Reports from Demotivateur reveals that since ...

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