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Month: February 2025

Posted on 18/02/2025

Singapore tops SEA in cyberattack sources with 21.9m cases in 2024

Singapore has emerged as the leading source of cyberattacks in Southeast Asia, with 21.9 million attacks originating from compromised servers within the country ...

Posted on 18/02/2025

Singapore’s Digital Government Index rises to 62.1 in 2025

Singapore's Digital Government Index (DGI) 2025 recorded an overall score of 62.1 out of 100, reflecting a 1% increase from 2023.

Posted on 18/02/2025

Singapore’s 2035 climate targets feasible, but govt support and geopolitical stability key: Experts

On Feb 10, Singapore announced its 2035 climate targets.

Posted on 18/02/2025

Singapore Is Poised to Ramp Up Spending Going Into Election Year

Singapore is likely to boost spending in Lawrence Wong’s first budget as prime minister, offering more handouts to households and businesses ahead of election at a time of heightened global ...

Posted on 18/02/2025

Resilient banking earnings, better IPO process could bolster S’pore’s STI in 2025: Analysts

Much is riding on the banks, which are widely expected to post record full-year earnings. Read more at straitstimes.com.

Posted on 18/02/2025

Singapore Banks Prevent S$53.9M in Fraud with New Anti-Scam Law

The Singapore Anti-Scam Law, enacted on January 7, 2025, provides authorities with the power to take control of bank accounts as a last-resort measure in combating financial fraud. The legislation ...

Posted on 18/02/2025

Over $1.2m lost to credit card phishing and mobile wallet scams from Oct to Dec 2024

At least 656 cases were reported during this period, mostly involving Apple Pay. Read more at straitstimes.com.

Posted on 17/02/2025

Straits Millennium, EBANX get in-principle nod for MPI licence in Singapore

The Monetary Authority of Singapore (MAS) has issued in-principle approval to fintech firms EBANX and Straits Millennium for a major payment institution (MPI) Licence under the Payment Services Act ...

Posted on 17/02/2025

S’pore firms prioritise sustainability and employee welfare amidst rising costs: UOB

Besides rising costs, limited awareness and resources hinder firm progress. Businesses are prioritizing the implementation of sustainable initiatives that enhance energy efficiency and employee ...

Posted on 17/02/2025

Marina Bay Sands gets record S$12 billion loan; DBS, OCBC, UOB, Maybank coordinating facility

MARINA Bay Sands has obtained a S$12 billion multi-tranche loan to fund a planned expansion of its casino resort in Singapore, according to a source familiar with the matter, marking the largest such ...

Posted on 17/02/2025

Pritam Singh: Singapore opposition leader guilty of lying to parliament

Singapore's opposition leader Pritam Singh has been found guilty of lying under oath to a parliamentary committee. The charges against Singh relate to his handling of Raeesah Khan, a former lawmaker from his party, who lied to parliament in a separate case.

Posted on 17/02/2025

Card-issuing banks in Singapore to require additional verification for mobile wallet users

THE Association of Banks in Singapore (ABS) said on Monday (Feb 17) that major card-issuing banks have adjusted their fraud surveillance measures in response to scams involving mobile wallets. Read more at The Business Times.

Posted on 17/02/2025

Singapore Opposition Leader Gets Guilty Verdict but Can Run in Election

Pritam Singh, a member of Parliament and the head of the main opposition party, the Worker’s Party, was convicted on two counts of lying to a parliamentary committee under oath and was fined 7,000 ...

Posted on 17/02/2025

Singapore shares rise, with local banks closing higher; STI up 0.7%

Key indexes in the region gained ground. South Korea’s Kospi Composite Index increased 0.8 per cent, while the Nikkei 225 added 0.1 per cent. Hong Kong’s Hang Seng Index closed nearly flat. Conversely ...

Posted on 17/02/2025

Singapore court finds opposition party leader guilty of lying to parliament

A Singapore court on Monday found opposition Workers' Party leader Pritam Singh guilty of two counts of lying to a parliamentary committee, a verdict that could see him barred from contesting a ...

Posted on 17/02/2025

Singapore, Japan To Remain Property Hot Spots As Global Investors Diversify: JLL CEO

The real estate markets of Australia, Japan, Korea and Singapore will remain hot spots in the next few years as global investors seek to diversify their portfolios with demand for real estate in China ...

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