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Month: December 2024

Posted on 13/12/2024

Singapore business park vacancy falls to 21.2% in Q3

The fall was mainly driven by the one-north area. In a recent report, Savills said due to the improved occupancy in the one-north area, the islandwide vacancy level for business parks in Singapore ...

Posted on 12/12/2024

Two-thirds of Singaporean firms cut AI investments over trust concerns

They cited data governance (26%), budget constraints (28%), and untrusted data (26%) as major barriers. Over two-thirds of Singaporean businesses are scaling back their investments in AI due to trust ...

Posted on 12/12/2024

Singapore companies keen to invest in Bangladesh

DHAKA, Dec 12, 2024 (BSS)- Minister for Sustainability and Environment and Trade of Singapore Grace Fu Hai Yien has said many Singaporean companies have high interest for investment in Bangladesh.

Posted on 12/12/2024

CEA considering minimum transaction condition for property agents to renew licence

The concern is that property agents who do not have regular transactions could give clients inaccurate advice. Read more at straitstimes.com. ( read original story ...)

Posted on 12/12/2024

OCBC joins JS-SEZ excitement; SMEs say moving business to Johor is a ‘must do before elimination’

The Singaporean bank is the latest out of many in the two countries to organise events related to the JS-SEZ for their customers, in hopes of capturing incoming capital flows.

Posted on 12/12/2024

OCBC Bank requires proof of residence from international clients in wake of money-laundering crackdown

SINGAPORE: Some international clients of OCBC, Singapore’s second-largest bank, were asked by the bank to provide proof of their Singapore residence or risk having their accounts closed. The request ...

Posted on 12/12/2024

OCBC tasks 25 bankers in S’pore, Johor to expand business in new special economic zone

SINGAPORE – Some banks in Singapore and Malaysia are positioning themselves to capture new business opportunities that may emerge once a new special economic zone in Johor is launched in January. OCBC ...

Posted on 12/12/2024

OCBC tightens scrutiny on international clients

Oversea-Chinese Banking Corp, Singapore’s second-largest lender, told some international clients to show proof of residence in the city state to avoid having their accounts shut, a signal of ...

Posted on 12/12/2024

Singapore’s crypto regulation more mature in 2024 but adoption lags behind

SINGAPORE - Cryptocurrency hubs like Singapore, Hong Kong, the United Arab Emirates (UAE) and Switzerland may have more mature regulation, but domestic adoption is lower, a report has found. An ...

Posted on 12/12/2024

Doctor Anywhere lays off 8.1% of workforce across Singapore, South-east Asia

HEALTHTECH startup Doctor Anywhere is laying off 8.1 per cent of its workforce across Singapore and South-east Asia, according to an internal e-mail seen by The Business Times. Read more at The ...

Posted on 12/12/2024

Two Singapore nightclubs are ranked among the best in the world, with one named Asia’s top club

With Ibiza-esque beachside chill-outs and beat-driven underground raves, it’s no surprise that Singapore ranks in Asia’s top three cities for nightlife this year. We’re truly spoiled for choice when ...

Posted on 12/12/2024

Temasek leads US$210 million fund-raising round for India start-up Rebel Foods ahead of planned IPO

REBEL Foods, a startup that specialises in online-only restaurants, unveiled a US$210 million funding round, ahead of an initial public offering the company is seeking to pull off by 2026. Read more ...

Posted on 12/12/2024

Back as Singapore’s No. 1, Izwan Mahbud plays his part in important opening win at ASEAN Championship

Izwan Mahbud knows what it is like to be Singapore's No. 1, in an ASEAN Championship-winning side no less. He just hasn't been that for a while. But after the abrupt international retirement of Hassan ...

Posted on 12/12/2024

Indonesia to build oil storage facility near Singapore

The energy minister says the government is looking at building an oil storage facility on an island near Singapore, from which the country imports 60 percent of its fuel, to shore up strategic ...

Posted on 12/12/2024

Singapore stocks rise amid Fed rate-cut hopes; STI up 0.4%

Positive inflation data in the United States boosted Wall Street overnight and gave local investors the incentive to head back into the market, although the regional response was mixed. The very real ...

Posted on 12/12/2024

OCBC sets up teams to help regional SMEs make foray into Johor-Singapore SEZ

JOHOR BAHRU] OCBC has launched dedicated teams in Singapore and Malaysia to support small and medium-sized enterprises (SMEs) looking to set up operations within the upcoming Johor-Singapore Special ...

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