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Month: August 2024

Posted on 12/08/2024

Singapore stocks fall amid rise in Asian stock markets; STI down 0.8%

SINGAPORE - Local stocks fell on Aug 12 amid a regional rally after intense market volatility last week ... On the other hand, Asian stock markets were in the black. South Korea’s Kospi hiked 1.2 per ...

Posted on 12/08/2024

Singapore stocks decline amid shift in interest rate expectations; STI down 0.8%

SINGAPORE stocks fell on Monday (Aug 12) amid a regional rally after intense market volatility last week ... On the other hand, Asian stock markets were in the black. South Korea’s Kospi hiked 1.2 per ...

Posted on 12/08/2024

Card payments in Singapore to grow by 14.3% in 2024, forecasts GlobalData

Ravi Sharma, Lead Banking and Payments Analyst at GlobalData, comments: “Singapore’s payment card market is innovative and rapidly growing. Efforts from the government, financial authorities, and ...

Posted on 12/08/2024

Pregnant teen admits to opening bank account used to launder over S$145,000 in scam proceeds

SINGAPORE: A 17-year-old girl, who was promised a monthly payment of S$200, opened a bank account in 2021, despite knowing that it would be used to transfer “dirty money”. The teenager’s account was ...

Posted on 12/08/2024

StanChart cutting about 20 jobs in Singapore, London in revamp of lender’s M&A team

Standard Chartered is cutting about 20 jobs across places like London and Singapore as the lender restructures its mergers and acquisitions team by absorbing bankers focused on industry coverage, ...

Posted on 12/08/2024

Q&M Dental Group’s profit after tax grew 84%, Board declared 0.40 cent interim dividend, a 150% increase over the same period last year

SINGAPORE, Aug 12, 2024 - (ACN Newswire) - Mainboard listed Q&M Dental Group Limited (“the Group” or “the Company” and together with its subsidiaries, the “Group”) today reported total revenue of S$88 ...

Posted on 12/08/2024

TotalEnergies supplies its first 100% cooking oil-based marine fuel in Singapore

TotalEnergies has supplied its first cargo of 100% biofuel for ships in Singapore as it seeks to expand its sales of lower-carbon marine fuels, the French energy major said on Monday.

Posted on 12/08/2024

Entrepreneur arranges for free haircuts for 59 migrant workers to mark Singapore’s 59th birthday

SINGAPORE: To show his appreciation to migrant workers and to celebrate them – as well as Singapore’s birthday – this Singaporean man arranged for these workers to get free haircuts. In a Tiktok video ...

Posted on 12/08/2024

NLB’s new exhibition in VivoCity brings Singapore’s high-flying cable cars’ history down to earth

The exhibition is part of an initiative to showcase the NLB's wealth of services and collections. Read more at straitstimes.com.

Posted on 12/08/2024

Minister Indranee Rajah on whether Singapore will consider increasing its current childcare leave provisions

Given Singapore's ongoing efforts to support parents and encourage higher birth rate, Prime Minister and Minister for Finance Lawrence Wong was recently asked in a Parliamentary query if the Finance ...

Posted on 12/08/2024

Pregnant teen admits to opening bank account used to launder over $145k in scam proceeds

SINGAPORE – A 17-year-old girl, who was promised a monthly payment of $200, opened a bank account in 2021, despite knowing that it would be used to transfer “dirty money”. The teenager’s account was ...

Posted on 12/08/2024

A Simple Analysis Of NTUC’s Income Insurance Sale To Allianz

NTUC is selling a majority stake in Income Insurance to Allianz for $2.2 billion - which will value the insurer at around $4.4 billion.

Posted on 12/08/2024

Insurer tries to split S$39,000 bill for ‘questionable’ work injury claim with co-insurer, court rejects bid

The construction worker was covered by two insurance companies, but only one - HSBC Life (Singapore), previously known as AXA Insurance - took part in contesting the claim. After reaching a ...

Posted on 12/08/2024

This Malaysian ditched her high-paying job in Singapore to sell Asian-inspired gelato in PJ

Dimpled is a Malaysian gelato parlour that is located in SS2, Petaling Jaya. The founder quit her Singapore job to start this business.

Posted on 12/08/2024

Friendshoring Via JS-SEZ May Elevate Malaysia, Singapore As Powerful Duo In Global Supply Chain Resilience

KUALA LUMPUR, Aug 12 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) has what it takes for Malaysia and the island-state to embrace and capitalise on friendshoring. The partnership ...

Posted on 12/08/2024

Pregnant teen admits opening bank account used to launder over $145k in scam proceeds

SINGAPORE – A 17-year-old girl, who was promised a monthly payment of $200, opened a bank account in 2021, despite knowing that it would be used to transfer “dirty money”. The teenager’s account was ...

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