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Month: February 2025

Posted on 05/02/2025

Singapore passes new law on racial harmony, to check foreign interference

A new law consolidating existing statutes to preserve racial harmony and providing safeguards against foreign interference has been passed unanimously in the Singapore Parliament.

Posted on 05/02/2025

Singapore Tourism Hits New High: 16.5 Million Visitor Arrivals In 2024; SGD 22.4 Billion In Tourism Spend In Jan-Sept

The year 2024 has been a very positive one for the travel and tourism trade in Singapore, as per data released today by the Singapore Tourism Board (STB) — the country saw visitor arrivals reaching 16 ...

Posted on 05/02/2025

Singapore hangs ex-police officer convicted of Kovan double murder

Iskandar Rahmat was found guilty of the murder of two men - a car workshop owner and his son - and sentenced to death on Dec 4, 2015.

Posted on 05/02/2025

Singapore hangs ex-cop found guilty of 2013 Kovan double murder of father and son

SINGAPORE: A former police officer who was convicted of the 2013 murders of a father and his son in Kovan was hanged on Wednesday (Feb 5).

Posted on 05/02/2025

Citibank’s Ashu Khullar Appointed Global Co-Head of GAM

Citibank India CEO, Ashu Khulla r, has been announced as the group's global Co-head of the Global Asset Managers (GAM) business while K Balasubramanian will take the reins as Mumbai-based India head, ...

Posted on 05/02/2025

Singapore passes law against foreign interference in race-based organisations

Singapore has passed a law designed to protect against foreign interference in its race-based clans and business associations, as the government looks to limit outsiders from undermining racial ...

Posted on 05/02/2025

Singapore banks see 90% client losses due to onboarding delays

Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies. Nearly 90% of banking executives in Singapore report losing clients due to ...

Posted on 05/02/2025

OCBC share price could break towards $19 level, while UOB could reach $39.90: IG

Meanwhile, DBS’s share price has a lower trendline support of $43.80 and could head toward the $42.48 level for a retest, says market strategist Yeap Jun Rong.

Posted on 05/02/2025

Singapore executes ex-cop found guilty of Kovan double murder

Iskandar was convicted for the 2013 murder of Mr Tan Boon Sin and his son, Tan Chee Heong. Read more at straitstimes.com.

Posted on 05/02/2025

Unmanned and autonomous: How the navy’s new vessels protect Singapore’s waters

A fast moving boat cuts steadily across the busy Singapore Strait, one of the world's busiest shipping lanes. Unknown to the four men onboard, a sleek grey hull vessel along the strait had turned ...

Posted on 05/02/2025

Singapore Strait robberies spike in 2025, warns piracy watchdog

A total of 11 sea robberies were recorded onboard vessels ships while underway in the eastbound lane of the Singapore Straits from 1 January to 3 February, said the Regional Cooperation Agreement on ...

Posted on 05/02/2025

Navy deploys unmanned vessels to patrol Singapore’s waters

Four unmanned vessels will conduct maritime security missions alongside RSN's other ships. Read more at straitstimes.com.

Posted on 05/02/2025

Singapore’s tech funding drops 56% to $2.1b in 2024: report

Singapore’s tech startups raised $2.1b in 2024, marking a 56% decline from $4.8b in 2023 and a 74% drop from $8.1b in 2022, Tracxn reported.

Posted on 05/02/2025

Why US interest rate moves matter more to Hong Kong than Singapore

Hong Kong's property market is vulnerable to concerns about a hawkish Fed and mainland China's recovery. Not so for Singapore's domestically oriented market When the US Federal Reserve reduced ... ( read original story ...)

Posted on 05/02/2025

IN FOCUS: What will make you put your money in a digital bank?

“Digital banks, with their lower costs and minimal overheads, are well-positioned to offer financial benefits sustainably in the short to medium term at least,” said Mr Amit Chopra, head of banking ...

Posted on 05/02/2025

Singapore unlikely to be hit by direct US tariffs but may still be impacted: Vivian

SINGAPORE - Singapore is not expected to be hit by trade tariffs from the United States, but still stands to be indirectly impacted as it is a small and open economy, said Foreign Minister Vivian ...

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