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Month: August 2024

Posted on 13/08/2024

New app by Nets enables merchants in Singapore to use smart devices to accept contactless payments

It was rolled out in a pilot programme in the first half of 2024, with over 30 merchants participating to date. Read more at straitstimes.com.

Posted on 13/08/2024

Common Mistakes to Avoid When Buying Property in Singapore

Many first-time buyers often overlook critical factors when purchasing property in Singapore, which can lead to costly errors. Understanding the unique market dynamics and regulations ... Read more ... ( read original story ...)

Posted on 13/08/2024

Best Fixed Deposit Rates in Singapore (Aug 2024)—Rates Up To 3.5%, Minimum Deposits From $500

Which bank in Singapore has the best fixed deposit rate ... What we like: Commitment periods start from a relatively short 6 months. What we don't like: UOB's current rate is below average. As ...

Posted on 13/08/2024

Singapore-based DBS Bank Conducts Pilot for Blockchain-Powered Treasury Tokens

DBS Bank launched a new blockchain-based treasury and liquidity management solution in collaboration with Ant International.

Posted on 13/08/2024

Greening the built environment through technology and innovation

As a Schneider Electric EcoXpert, Automated Lab harnesses cutting-edge technologies to implement sustainable energy management solutions tailored to meet client needs.

Posted on 13/08/2024

RedDoorz Eyes IPO to Build Southeast Asia’s Largest Hospitality Firm

Southeast Asian online hotel management and booking platform RedDoorz has its sights set on IPO – but it has a lot of steps to clear first.

Posted on 13/08/2024

Singapore’s Sea Tops Profit Estimates on Online Shopping Growth

Sea Ltd. reported second-quarter earnings that topped analysts’ estimates, after it continued to attract online shoppers in Southeast Asia’s rapidly growing e-commerce market.

Posted on 13/08/2024

83% of Gen Z in Singapore Aware of Generative AI’s Potential in Banking, Says Visa

Visa revealed that 83% of Gen Z consumers in Singapore are aware of generative AI and its potential to enhance their banking experiences.

Posted on 13/08/2024

DBS faces challenges amid changing environment in the post-Piyush era

How will DBS continue to be a “people’s bank” in Singapore and yet expand regionally for business growth? Read more at straitstimes.com.

Posted on 13/08/2024

Singapore pet owners, businesses call for more regulation after ‘way too many incidents’

Service providers however believe that proper training and experience should come before government oversight.

Posted on 13/08/2024

Singapore narrows 2024 growth forecast to 2-3%, upper end of range

SINGAPORE — The Singapore economy is now expected to grow at the upper end of the official forecast range in 2024, with external demand seen as resilient for the rest of the year though global downside risks remain. The Ministry of Trade and Industry ...

Posted on 13/08/2024

Singapore juniors most affected by Standard Chartered job cuts —report

"SG is the worst affected place. Surprisingly, MD's are unaffected, even though they say this is about costs," one junior banker said ... ( read original story ...)

Posted on 13/08/2024

President Tharman has been appointed co-chair of the World Bank’s High-Level Advisory Council on Jobs

SINGAPORE: President Tharman Shanmugaratnam of Singapore has been appointed Co-Chair of the World Bank Group’s... The post President Tharman has been appointed co-chair of the World Bank’s High-Level ... ( read original story ...)

Posted on 13/08/2024

Ho Bee Land posts $9.5m net profit, reversing last year’s loss

Meanwhile, Ho Bee Land reported a profit attributable to its owners of the company of $8.8m, a turnaround from the loss of $155.7m in H1 2023. The attributable profit translates to earnings per share ... ( read original story ...)

Posted on 13/08/2024

Eligible Singaporeans to get between $200 and $400 in September to help with rising cost of living

Those whose assessable income is up to $100,000 and do not own more than one property are eligible. Read more at straitstimes.com.

Posted on 13/08/2024

More than 2.4 million Singaporeans to receive $200 to $400 cost-of-living special payment in September

SINGAPORE: More than 2.4 million Singaporeans are set to receive $200 to $400 as part of the Cost-of-Living (COL) Special Payment in September. At Budget 2024, Prime Minister and Minister for Finance ...

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