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Month: November 2024

Posted on 11/11/2024

QCP Trading Moves Toward Regulated Crypto Spot Trading with MAS Approval

QCP Trading, a provider of over-the-counter (OTC) spot trading services for digital assets, has been granted in-principle approval for a Major Payment Institution (MPI) license by the Monetary ...

Posted on 11/11/2024

Singapore Air Vows to Expand Capacity Despite Rising Competition

Singapore Airlines Ltd. says it doesn’t plan to rein in expanding its capacity despite previously warning of a tougher outlook as competition from rivals intensifies.

Posted on 11/11/2024

Singapore study to test if pairing wearable devices with health coaches can change lifestyle habits

SINGAPORE – A team from Alexandra Hospital (AH) is testing if using wearable fitness devices alone can change lifestyle habits, or if there is a need for a human health coach to nudge people regularly. The pilot programme, called Activation, is a ...

Posted on 11/11/2024

Removing mandatory sentences for first-time offenders among proposed changes to Singapore’s road traffic laws

The changes are necessary to strike a balance between deterrence and proportionality, says the Home Affairs Ministry.

Posted on 11/11/2024

Korean vendor seeks to wind up troubled Qoo10 in Singapore High Court over S$72.3 million debt

SINGAPORE - A Korean gift certificates vendor that is allegedly owed nearly 76 billion won (S$72.3 million) in debt is seeking to wind up beleaguered online marketplace Qoo10 in Singapore’s High Court.

Posted on 11/11/2024

Singapore shares open higher on Monday; STI up 0.6%

Singapore-based investment holding company HS Optimus was the most actively traded counter by volume. The company – which operates investment, door manufacturing and property businesses – was trading ...

Posted on 11/11/2024

Singapore Airlines to invest ₹3,194.5 crore more into Air India after Vistara merger for 25.1% stake

Singapore Airlines will invest an additional ₹3,194.5 crore into the newly merged entity comprising of Vistara and the Tata-owned Air India for a 25.1% stake ...

Posted on 11/11/2024

Singapore police could get powers to stop people from voluntarily transferring money to potential scammers

A proposed law will allow the police to restrict the banking transactions of people who refuse to believe they are being scammed, the Ministry of Home Affairs said on Monday (Nov 11).

Posted on 11/11/2024

Singapore’s membership in international bodies must be based on national interests: Vivian Balakrishnan

WHETHER Singapore chooses to join a specific multilateral bloc or grouping must be carefully considered and guided by its national interests and the fundamental objectives of its foreign policy, said Minister for Foreign Affairs Vivian Balakrishnan on Monday (Nov 11) in Parliament.

Posted on 11/11/2024

POSB uses gen AI to age-morph everyday Singaporeans

DBS has launched a new Generative AI created campaign under the POSB umbrella to highlight the importance of financial wellness, emphasising that everyone can achieve their financial goals through ...

Posted on 11/11/2024

Flying out of Singapore? Get ready to pay higher fees

Travellers flying out of Singapore’s Changi Airport will soon to encounter a new reality: higher fees. The cost of departing from the renowned aviation hub – often rated as the world’s best airport – ...

Posted on 11/11/2024

Bangladesh’s Professor Yunus urges Singapore to help recover laundered funds and cut migration costs

Professor Muhammad Yunus, Chief Advisor to Bangladesh's Interim Government, called on Singapore to assist in recovering billions of dollars laundered from Bangladesh and to work together on reducing ...

Posted on 11/11/2024

Singapore million-dollar flat transactions in 2024 set to double last year’s totals

There were 750 million-dollar flats in the first three quarters of 2024. According to an OrangeTee report, in the third quarter of this year, a record 331 HDB flats were sold for a million dollars, up ...

Posted on 11/11/2024

Singapore auction success rate to reach just under 6% in 2024

It’s at the lower end of the original projections at the start of the year. According to the Ministry of Law, there were 3,227 bankruptcy applications made in the first eight months of 2024, 23.3% ...

Posted on 11/11/2024

Singapore Airlines Poised To Invest ₹3194.5 Crore In Air India

Singapore Airlines is poised to invest Rs 3,194.5 crore in Air India following the anticipated merger of Vistara with the Tata Group-owned airline.

Posted on 11/11/2024

Winking Studios to IPO in London at 15 pence per share

On Nov 8, Winking Studios entered into a placing agreement with its nominated adviser, Strand Hanson, and broker, S.P. Angel Corporate Finance LLP. Under the agreement, S.P. Angel has procured ...

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