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Month: September 2024

Posted on 12/09/2024

SGX dips after analysts downgrade stock on falling equity volumes, slowdown in derivatives

The volatility in SGX’s share price came after downgrades by investment banks JPMorgan and Goldman Sachs. Read more at straitstimes.com.

Posted on 12/09/2024

Best Fixed Deposit Rates in Singapore (Sep 2024)—Rates Up To 3.35%, Minimum Deposits From $500

For the same sum, DBS will give you 3.20% p.a. for a 12-month period. State Bank of India Singapore fixed deposit What we like: Decent rates and a relatively short commitment period of 6 months. What ...

Posted on 12/09/2024

Crypto Adoption Remains Steady Across US, UK with France and Singapore Also Experiencing Surge in Users – Report

Gemini is pleased to announce the release of the 2024 Global State of Crypto report, offering a comprehensive look at attitudes and behavior toward digital ...

Posted on 12/09/2024

Singapore’s Stablecoin Payments Reached $1B in Q2: Report

“From stablecoins and central bank digital currencies (CBDCs) to purpose-bound money (PBM), the global stance on digital currency adoption is becoming increasingly clear — and Singapore is no ...

Posted on 12/09/2024

Wholesaler fined $4,000 for illegally importing meat products into S’pore from China

SINGAPORE – Wholesaler Sinoh Trading was fined $4,000 on Sept 11 for illegally importing meat products into Singapore without a valid permit. The company’s sales manager, Zhang Lu, was also fined ...

Posted on 12/09/2024

Singapore carbon exchange restores sale of credits of Cambodian project after human rights review

AIR Carbon Exchange (ACX) will restore the sale of carbon credits from a Cambodian carbon project to its spot exchange, after carbon standards body Verra announced that it had reinstated the project ...

Posted on 12/09/2024

SCDF to sound signal islandwide on Sep. 15 at 6:20pm, including on phones with SGSecure app & not on silent mode

It was previously sounded at 6:20pm on Feb. 15, 2024, on the anniversary of the British's surrender of Singapore to Imperial Japanese forces in 1942. The SCDF conducts this exercise annually to ...

Posted on 12/09/2024

Corporate lab by NTU, Alibaba to develop tech solutions to help Singapore firms be greener

The project aims to drive collaboration between industry and public sector researchers. Read more at straitstimes.com.

Posted on 12/09/2024

Pope asks for dignified pay and better conditions of migrant workers in Singapore

Singapore's president and government officials have welcomed Pope Francis on the final leg of his trip through Asia and Oceania, as he praised the country's economic strength but urged that the weakest be cared for too. He is expected to spend two days in ...

Posted on 12/09/2024

Vietnamese-American man charged in Singapore over US$8.3 million money laundering case

The 61-year-old purportedly got two women to set up companies and accompanying bank accounts in Singapore, which later received alleged overseas investment scam proceeds.

Posted on 12/09/2024

GIC, Temasek said to be in talks to invest in Midea’s Hong Kong IPO

GIC is weighing subscribing for about US$500 million (S$652 million) in the Chinese appliance maker’s offering, the people said, asking not to be identified as the information is not public. They said ...

Posted on 12/09/2024

Pope praises Singapore as a ‘shining example’ for humanity

Pope Francis praised Singapore and its citizens for their hard work and ingenuity, but he urged them to be mindful of the poor and of the migrant workers who do much of the hard labor.

Posted on 12/09/2024

Pope meets Singapore’s prime minister during final leg of trip through Asia

Pope Francis met with Singaporean Prime Minister Lawrence Wong Thursday as part of the final leg of his trip through Asia.

Posted on 12/09/2024

Hanhwa Group enters $448 million bid for controlling stake in Singapore plant manufacturer

Hanwha Group is seeking to acquire the management rights to Singapore-based Dyna-Mac Holdings, an offshore plant manufacturer, via a public tender offer totaling 600 billion won ($448 million).

Posted on 12/09/2024

Crypto Payments in Singapore Near US$1 Billion, Fueled by Stablecoin Adoption

Singapore’s crypto market has seen a notable increase in crypto payments, with merchant services receiving nearly US$1 billion in crypto.

Posted on 12/09/2024

Pope marvels at Singapore’s skyscrapers and asks that the lowest migrant workers not be forgotten

Pope Francis on Thursday praised Singapore’s economic strength as a testament to human ingenuity but urged the city-state to look after the weakest, too, especially foreign workers, as he opened the ...

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