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Month: June 2025

Posted on 02/06/2025

BSI Bank loses appeal to strike out 1MDB’s US$394mil claim in S’pore

The High Court in Singapore has rejected all appeals by the now-defunct BSI Bank Limited to dismiss a US$394 million claim filed by 1MDB and its subsidiary Brazen Sky Limited. The suit, filed on May 2 ...

Posted on 02/06/2025

DBS and POSB users report not being able to log on to digital banking services

Some DBS and POSB customers could not log on to the banks’ digital banking services for over two hours on the afternoon of June 2. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/06/2025

DBS, POSB customers ‘experiencing slowness’ when logging into banking services on mobile app

SINGAPORE: DBS and POSB customers are "experiencing slowness" in accessing the digibank mobile app, the bank said on Monday (Jun 2). In a post on Facebook, DBS said: "Some customers are experiencing ...

Posted on 02/06/2025

Standard Chartered appoints ex-HSBC banker to head data, analytics and AI for wealth

Standard Chartered has appointed Yusuf Demiral as its global head of wealth and retail banking data, analytics and AI, it said in a statement on Monday.

Posted on 02/06/2025

Singapore MAS Crypto Crackdown: Firms Must Stop Serving Overseas Clients by June 30

The MAS has given crypto firms just four weeks to register for a license to offer cross-border services. Service providers pushed back, calling the timeline ...

Posted on 02/06/2025

Chinese tourist says fined $155 by Singapore hotel for bringing in durian

A Chinese tourist has claimed she was fined S$200 (US$155) by her hotel in Singapore after bringing durian back to her room.

Posted on 02/06/2025

Singapore’s M1 to roll out nationwide LTE service

SINGAPORE--Local operator M1 today unveiled the country's first nationwide LTE service which will include roaming capability in Hong Kong. Available from Sep. 15, the LTE network--commonly touted ...

Posted on 02/06/2025

Singapore Dollar Strengthens Slightly, Aided by U.S. Steel, Aluminum Tariffs

The Singapore dollar strengthened slightly against its U.S. counterpart in the Asian session, aided by President Trump’s announcement that he would double tariffs on steel and aluminum imports to 50% ...

Posted on 02/06/2025

Trump’s tariffs, ‘big beautiful Bill’ may do more for the Singapore market than the MAS review group

SINGAPORE] When news broke early last Thursday (May 29) morning that a US federal court had struck down most of President Donald Trump’s sweeping tariffs, I was almost done selling a portfolio of US ...

Posted on 02/06/2025

DBS keeps recommendation on DFI following Robinson Retail divestment

DBS Research Group is keeping its “buy” call and US$3.00 target price on DFI Retail Group Holdings, following news that the group’s move to divest its stake in Robinsons Retail Holdings (RRH) worth ...

Posted on 02/06/2025

Grab makes move to enter motor insurance market in Singapore

SINGAPORE] GrabInsure, the insurance arm of the Grab group, is gearing up to enter Singapore’s motor insurance market. Read more at The Business Times.

Posted on 02/06/2025

ST Engineering hits all-time high; stock picks roll in after MAS update on $5 billion equities boost

Two more firms could leave the SGX - one received a privatisation offer and another obtained approval to list on Nasdaq. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/06/2025

‘Let’s bank’: How MariBank plans to win over Singapore’s retail and SME segments

SINGAPORE] When Natalia Goh joined Sea’s digital bank MariBank, the first question she often got was: how do you pronounce it? Read more at The Business Times.

Posted on 02/06/2025

More seeking accountancy qualification in Singapore, even as global talent shortage continues

SINGAPORE] Even as accounting bodies worldwide continue to struggle with attracting fresh talent, Singapore has managed to buck the trend – and the industry here is now in growth mode. Read more at ...

Posted on 02/06/2025

China Accuses Pete Hegseth of Trying to ‘Sow Division’ in Asia After He Called China an ‘Imminent’ Threat at Singapore Defense Conference

U.S. Defense Secretary Pete Hegseth warned China is rehearsing for a potential invasion of Taiwan during a defense forum over the weekend, prompting a response from Chinese officials.

Posted on 02/06/2025

8 best podcasts for women in Singapore: Top picks on career, motherhood, health, dating and love

Listening to a good podcast should feel like having a chat with a friend. When you find a host who is relatable and talks about issues that are close to your heart, a podcast can be an amazing companion.

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