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Posted on 21/06/2024

All civil servants in Singapore to receive 0.45-month mid-year bonus: PSD

All civil servants in Singapore will receive a mid-year Annual Variable Component (AVC) of 0.45 month, the Public Service Division (PSD) announced on Thursday (20 June 2024).

Posted on 21/06/2024

‘Having Singapore base will boost regional trade’

OPENING a Malaysia External Trade Development Corporation (Matrade) office in Singapore is part of Putrajaya’s effort to enhance trade and investment between both countries and Asean as a ...

Posted on 21/06/2024

Singapore Port Logjam Lingers as Container Ships Keep Piling In

The logjam that’s been plaguing Singapore’s container port is bringing forward this year’s peak season for the shipping sector, spelling trouble for businesses in the city-state.

Posted on 21/06/2024

HSBC’s Restructuring Efforts & High Rates Aid Amid Cost Woes

Additionally, in 2022, HSBC acquired 100% of the issued share capital of AXA Insurance in Singapore and L&T Investment Management Limited. Moreover, HSBC increased its ownership stake in its China ...

Posted on 21/06/2024

Singapore is the most competitive economy out of 67 across the world’s eight major regions

This is a major finding of the 2024 IMD World Competitiveness Ranking (WCR), which measures economies with population size and ...

Posted on 21/06/2024

Singapore is the world’s most competitive economy in 2024: IMD

The city-state also held the top spot in 2020. Singapore was named the world's most competitive market this year after climbing three places from the fourth spot in 2023, according to the latest IMD ...

Posted on 21/06/2024

Singapore and South Korea most willing to invest in sustainable and inclusive brands

Conversely, countries such as Belgium, Germany, The Netherlands, Sweden, and the United Kingdom show the least enthusiasm for paying premiums for such brands. The study, led by by Professor Frank ...

Posted on 21/06/2024

Singapore labour market expands in Q1; non-resident employment down

Non-resident employment in Singapore declined for the first time since the third quarter of 2021. This audio is generated by an AI tool. SINGAPORE: The labour market in Singapore continued to expand in the first quarter of 2024, with total employment growth driven primarily by residents.

Posted on 21/06/2024

Singapore civil servants to get 0.45-month mid-year bonus

SINGAPORE – All civil servants will receive a 0.45-month mid-year bonus, with junior officers getting a further payment of up to $250. This is higher than the 0.3-month mid-year bonus given to civil servants in 2023.

Posted on 21/06/2024

3 Best Credit Card Pairings for Maximising Cashback, Miles, and Rewards

Which credit cards work best with other credit cards? Here are our top picks for pairings that maximise cashback, miles, and rewards from UOB, Citi & more.

Posted on 21/06/2024

Crypto Tokens and Services Pose “High” Money Laundering Risks: Singapore MAS

There has been an increase in money laundering cases involving crypto tokens and a range of ways in which they can be exploited.

Posted on 21/06/2024

Singapore Raises Concern Over Digital Payment Token Service Providers in New Report

Singapore's Money Laundering National Risk Assessment has raised concerns regarding vulnerabilities posed by crypto service providers.

Posted on 21/06/2024

Singapore warns banks pose highest money laundering risk after US$2.24 billion scandal

A government report said banks could be more easily exploited due to the sheer volume of transactions they handle.

Posted on 21/06/2024

Singapore has much to offer on how to supply water in a safe manner: World Bank

CNA’s Elakeyaa Selvaraji speaks to Anna Bjerde, Managing Director of Operations of the World Bank, at Singapore International Water Week. They discuss the newly-launched Singapore Water Center, which aims to leverage the country’s expertise in urban water management to support the sector.

Posted on 20/06/2024

Society Pass Inc. Bolstering Subsidiaries Ahead of IPOs to Drive Growth and Customer Engagement

Southeast Asia’s premier data-driven loyalty, fintech, and e-commerce ecosystem, is gearing up for the upcoming IPOs of its key subsidiaries, NusaTrip.com and Thoughtful Media Group. NusaTrip.com, a ...

Posted on 20/06/2024

Singapore startup Carro first to tap US$1 billion HSBC Asean Growth Fund

SINGAPORE startup Carro announced on Thursday (Jun 20) that it signed a S$75 million multi-currency loan with HSBC, making the home-grown company the first to tap HSBC’s Asean Growth Fund of US$1 ...

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