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Month: August 2024

Posted on 22/08/2024

Pilot paves way for Singapore to use blockchain to give out government grants to firms

Grants were made out via blockchain to 27 firms under an Enterprise Singapore scheme. Read more at straitstimes.com.

Posted on 22/08/2024

DBS Tests Blockchain-Based Government Grant Disbursements

DBS has launched a pilot project for programmable grant disbursements in collaboration with EnterpriseSG and the SFA.

Posted on 22/08/2024

Crypto scammers hack McDonald’s Instagram to promote Solana memecoin

Crypto scammers target fast food giant McDonald’s Instagram account to promote a sham memecoin launched on Solana-based pump.fun. On August 21, the official Instagram account for McDonald’s was ...

Posted on 22/08/2024

ChainSwap to Attend TOKEN2049 in Singapore as Sponsor of “Web3 in The Fast Lane” Side Event with Luna PR

ChainSwap, a leading decentralized cross-chain swap platform, is excited to announce its participation in TOKEN2049, Asia’s premier crypto event, taking place on September 18-19, 2024, in Singapore.

Posted on 22/08/2024

AIA Singapore’s new business value rises 27% in first-half

AIA Singapore's operating profit after tax amounts to US$343 million for the first half. Read more at straitstimes.com.

Posted on 22/08/2024

Singapore businesses struggle to recruit AI talent amid growing demand

SINGAPORE: A significant talent shortage is emerging in Singapore’s AI sector as over one-third of... The post Singapore businesses struggle to recruit AI talent amid growing demand appeared first on ...

Posted on 22/08/2024

Daily Cuts – Global mpox emergency: How badly will Singapore be affected?

Countries in Asia are monitoring the Mpox outbreak very closely as cases start to pop up in the region. Thailand reported a suspected first case of the new more dangerous strain of the disease on Aug ...

Posted on 22/08/2024

Telegram scams up 137.5% in Singapore as overall scam cases rise in first half of 2024

The majority of people who were scammed between January and June this year – 74.2 per cent – were youths, young adults and adults under the age of 50, the police said.

Posted on 22/08/2024

Wang Qiming and Liu Kai: Bankers who Orchestrated Singapore’s Biggest Money-Laundering Scandal

Singapore’s reputation as a global financial hub has been shaken by a monumental money-laundering scandal involving two prominent bankers, Wang Qiming and Liu Kai. This case, which has become the ...

Posted on 22/08/2024

PNB Housing Finance falls 3% after Rs 715.60 crore block deal; Asia Opportunities V likely seller

Shares of PNB Housing Finance fell over 3 percent on August 22 after a block deal worth as much as Rs 715.60 crore took place in the counter, with Asia Opportunities V (Mauritius) being the likely ...

Posted on 22/08/2024

Singapore consumers ranked CIMB as the Best Consumer Bank for Customer Service

CIMB Singapore has been voted top consumer bank for customer service in The Straits Times "Singapore's Best Customer Service Survey 2024/25". This is the second consecutive year that CIMB has been ...

Posted on 22/08/2024

StarHub appoints DBS Singapore’s Han Kwee Juan as independent non-executive director

StarHub has appointed Han Kwee Juan, the Group Executive and Country Head of DBS Singapore, as an independent non-executive director.

Posted on 22/08/2024

Hong Kong crypto exchanges face challenges to get full licences

A major scandal involving JPEX, an unlicensed crypto platform, has spurred officials to prioritise investor protection. The alleged scam stung 2,636 victims with a total of HK$1.6 billion ($270 ...

Posted on 22/08/2024

Singapore’s platform worker protections kick in from Jan 2025; more cash support for CPF contributions

SINGAPORE’S previously-announced labour protections for ride-hailing and on-demand delivery workers – otherwise known as platform workers – will kick in from Jan 1, 2025. Read more at The Business ...

Posted on 22/08/2024

‘Stakes are too high to ignore’: Singapore beefs up operational technology masterplan as cyberthreats rise

The masterplan was launched in 2019, at a time when operational technology cybersecurity in Singapore’s essential service sectors was still nascent.

Posted on 22/08/2024

‘I’ll keep doing it if I can’: Meet the 21-year-old behind some of Singapore’s ‘flower vehicles’

With the seventh month festivities currently in full swing, it's not uncommon to see brightly-lit and heavily-decorated trucks on the road. Adorned with LED lights and decorations inspired by temples, ...

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