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Month: October 2024

Posted on 26/10/2024

Lee Hsien Yang creating ‘false picture’ of demolition urgency for 38 Oxley Road, Singapore says

The estranged brother of former Singapore PM had urged PM Lawrence Wong to expedite action in fulfilling Lee Kuan Yew’s wish for the house to be demolished. ( read original story ...)

Posted on 26/10/2024

Singapore Government says Lee Hsien Yang is creating “false urgency” for demolition of 38 Oxley Road

The Government says Lee Hsien Yang is creating a false urgency by pushing for the immediate demolition of the property at 38 Oxley Road. In his online posts, Mr Lee claims that his father - ... ( read original story ...)

Posted on 26/10/2024

Indo-Pacific nations regulating crypto faster than the US

SEC Commissioner Mark T. Uyeda voiced concern that the United States is lagging behind Indo-Pacific countries regarding crypto regulation.

Posted on 26/10/2024

Singapore will support Commonwealth countries in using tech for development: PM Wong

Prime Minister Lawrence Wong has promised that Singapore will back fellow Commonwealth countries in using technology to drive their development. Mr Wong was speaking at his first Commonwealth Heads of ...

Posted on 25/10/2024

Las Vegas Sands To Invest $8 Billion To Expand Singapore Casino

Las Vegas Sands—controlled by the family of the late casino billionaire Sheldon Adelson—plans to invest $8 billion to expand its integrated casino resort in Singapore amid a tourism boom in the ...

Posted on 25/10/2024

Four arrested, S$440,000 seized after Singapore operation against money mule activities

SINGAPORE: Four people were arrested and over S$440,000 in suspected scam proceeds seized in an islandwide operation against suspected money mule activities earlier this month.

Posted on 25/10/2024

At a glance: Duties of telcos and banks under Singapore’s scam liability framework

SINGAPORE - A new framework will be launched on Dec 16 to establish who pays the bills for phishing scam losses. First in line to be examined are banks, such as DBS Bank, UOB, OCBC and Citibank, and ...

Posted on 25/10/2024

Financial institutions, telcos to be accountable to scam victims; new framework kicks in on Dec 16

Under the Shared Responsibility Framework, banks have to block or hold for 24 hours suspicious transactions of over $25k. Read more at straitstimes.com.

Posted on 25/10/2024

Trump victory implies tarriffs, debt, inflation and rising interest rates says OCBC

Trump victory to fuel higher debt, tariffs, inflation, interest rates, and ultimately recession, pressurising S-REITs, regional markets ...

Posted on 25/10/2024

8 years ago, Singapore declared war on diabetes. Is it winning?

Diabetes is a global health crisis, particularly type 2 diabetes, which is heavily influenced by lifestyle habits, and numbers are increasing every year. Ever since launching the war on diabetes, ...

Posted on 25/10/2024

Singapore’s Growing Financial And Telecom Industries

Singapore's economy is characterised by a robust services sector, which accounts for 65% of its GDP, marking a significant increase from 55% over the past decades. Click to read.

Posted on 25/10/2024

SCB Wins Top Marketing Awards from Marketing Excellence Awards 2024, Reinforcing Its Digital Bank with a Human Touch Strategy

Siam Commercial Bank (SCB), led by Ms. Piyamas Siriwat, Senior Vice President, Solution Sales and Specialist Division and other executives, announced the bank's success in winning two prestigious ...

Posted on 25/10/2024

DBS and Citi maintain ‘buy’ on Mapletree Pan Asia Commercial Trust

Citi analyst Brandon Lee notes that MPACT continues to benefit from positive Singapore rent reversions in 1HFY2025, driven by Vivocity with a positive rental reversion of 17.3%. This is supported by ...

Posted on 25/10/2024

Crypto Exchange BingX Rolls Out Advanced Security Feature Following $52M Hack

After a recent security breach, crypto exchange BingX has released "ShieldX," an advanced update geared toward improving the platform’s security from a similar attack.

Posted on 25/10/2024

Singapore factory output eases to 9.8% in September, but Q3 GDP set for upward revision

SINGAPORE’S third-quarter economic growth is likely to be revised by at least half a percentage point, following better-than-expected factory output in September, economists said. Read more at The ...

Posted on 25/10/2024

Singapore biomed production breaks out of slump, EDB says at least 1,000 new jobs in pipeline

The sector contracted by 22.4% between January and August, compared with the same period in 2023. Read more at straitstimes.com.

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