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Month: November 2024

Posted on 20/11/2024

Singapore Curtails Sentosa Casino License for ‘Unsatisfactory’ Tourist Performance

Singapore renewed Genting Singapore Ltd.’s casino license for a shortened two years after regulators said its tourism performance was “unsatisfactory”. Singapore’s Gambling Regulatory Authority, which ...

Posted on 20/11/2024

G20 Summit: Sustaining economic growth key to fighting poverty, says Singapore PM

Singapore Prime Minister Lawrence Wong has said that fostering economic growth through open trade and investment is key to tackling poverty worldwide. At the G20 Summit in Rio de Janeiro, he also spok ...

Posted on 20/11/2024

Singapore’s Capitaland Investment’s stake purchase in SCCP to boost footprint in Japan

Singapore's CapitaLand Investment said on Wednesday it would acquire a 40% stake in SC Capital Partners Group (SCCP) for S$280 million ($209.31 million), while also invest a minimum of S$524 million ...

Posted on 20/11/2024

CapitaLand Investment takes initial 40% stake in SC Capital Partners, boosting footprint in Japan

CLI will acquire the remaining 60 per cent stake in SCCP in phases over the next five years. Read more at straitstimes.com.

Posted on 20/11/2024

Equinix to build 6th Singapore data centre with $348 million investment

New facility will be fitted with sustainable features such as liquid-cooling capabilities. Read more at straitstimes.com.

Posted on 20/11/2024

Singapore’s largest money laundering crackdown: 15 foreign nationals surrender $1.85 billion in assets

SINGAPORE: 15 of the 17 foreign nationals who fled Singapore amid the investigation into one of the country’s largest-ever money laundering cases have agreed to return a staggering S$1.85 billion ...

Posted on 20/11/2024

DBS’ group head of data, AI, and customer experience on ‘human’ AI in banking

Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.

Posted on 20/11/2024

Asia Crypto Hotspots Reap Gains From Record Rally Sparked by US

A record-breaking crypto rally born in the US is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than $1 billion and a surge in digital-asset trading volumes ...

Posted on 20/11/2024

Asia crypto hotspots reap gains from record Trump trade rally

SINGAPORE - A record-breaking crypto rally born in the United States is leaving its mark on Asia, including a jump in the value of Bitcoin held by Bhutan to more than US$1 billion (S$1.3 billion) and ...

Posted on 20/11/2024

Woman fined S$5,000 for bringing Labubu dolls & other items into S’pore without declaring their value

A female traveller was fined S$5,000 for failing to declare the goods in her possession to Singapore Customs after returning from a business trip in London. These goods, which were intended as gifts, ...

Posted on 20/11/2024

Singapore shares rise at Wednesday’s open; STI up 0.2%

SINGAPORE stocks began trading higher on Wednesday (Nov 20) morning following a mixed performance in world indices. Read more at The Business Times.

Posted on 20/11/2024

Say aah! Why is Singapore neglecting dental health?

People maintain their cars diligently but skip visits to the dentist. Why are we neglecting oral health? Read more at straitstimes.com.

Posted on 20/11/2024

Singapore’s IPO market set to grow with strong REIT sector in 2025

Due to the city’s strong framework and reliable income-generating market. Singapore’s IPO market is expected to grow robustly in 2025, particularly in the real investment estate trust (REIT) sector, ...

Posted on 20/11/2024

3 Singapore blue-chip stocks to add to your buy watchlist for their growing profits

STI climbed 1% The bank’s fee income rose due to higher wealth demand and a pick-up in credit card spending. Looking ahead, UOB is optimistic for 2025, expecting high single-digit loan growth and ...

Posted on 20/11/2024

Singapore-Germany ties to be elevated to strategic partnership after 60 years of diplomacy

Singapore and Germany will elevate their relationship to a strategic partnership, as both countries mark 60 years of diplomatic ties next year. It is a move the Foreign Affairs Ministry says will help ...

Posted on 19/11/2024

Channelling CPF balances to invest in local equities can help lift Singapore market: Morgan Stanley

To secure buy-in from the industry ecosystem, Morgan Stanley suggests that the CPF balances to be channelled to local equities be allocated to “established local fund managers” to manage.

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