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Posted on 10/01/2024

Singapore Asks China For Information on Frozen Remittances

Read More: Singapore Regulator Halts Some Remittance Routes to China Singapore’s regulator last month ordered remittance companies in the city-state to halt the use of non-bank and non-card channels ...

Posted on 10/01/2024

OCBC prices $450 mil perpetual capital securities first callable in 2029

Oversea-Chinese Banking Corporation (OCBC) has priced $450 million worth of perpetual capital securities under its US$30 billion ($39.95 billion) global medium term note programme.

Posted on 10/01/2024

Singapore SMEs launch new products at consumer tech fair in Las Vegas

FROM smart gloves to a blood sugar monitor, technological innovations by 13 Singapore companies are on show at the Consumer Electronics Show (CES) 2024 in Las Vegas, which began on Tuesday (Jan 9).

Posted on 10/01/2024

Singapore’s Indian-origin army man pleads guilty for attempting to have sex with minor

There is a gag order on the identity of the girl, who is now 17. He had tried to have sex with her when she was 15.

Posted on 10/01/2024

Singapore government defers 2023 ministerial salary review, citing ‘other pressing issues’, will review framework and benchmark ‘in due course’

SINGAPORE— The review of salaries for political office holders, originally scheduled for 2023, was deferred by the government due to what the Minister-in-charge of the Public Service Chan Chun Sing ...

Posted on 10/01/2024

Singapore shares decline at Wednesday’s open; STI down 0.4%

SINGAPORE stocks opened weaker on Wednesday (Jan 10) following overnight losses on Wall Street, as weak US trade data weighed on investor sentiment. Read more at The Business Times.

Posted on 10/01/2024

OCBC prices S$450 million in 4.05% perpetual capital securities, first callable in 2029

OCBC has priced S$450 million in perpetual capital securities at 4.05 per cent under its US$30 billion global medium-term note programme. Read more at The Business Times.

Posted on 10/01/2024

Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore

BitGo was also recently named by Hashdex as the custodian in its application to become an issuer of a spot exchange-traded fund.

Posted on 10/01/2024

Crypto wallet firm BitGo gets Singapore regulator nod

Once it gets its full licence from MAS, the firm plans to expand its offerings to institutional clients. Read more at straitstimes.com.

Posted on 10/01/2024

BitGo obtains in-principle approval in Singapore for digital asset license

California-based crypto custody business BitGo said it views Singapore as an important hub for crypto innovation.

Posted on 10/01/2024

Share Prices of These 5 Singapore REITs Increased in 2023: Can Their Run Continue?

thereby mitigating a sharp rise in finance costs for 2024. Frasers Centrepoint Trust, or FCT, is a retail REIT with a portfolio of nine suburban retail malls and an office building in Singapore. FCT’s ...

Posted on 10/01/2024

Singapore may finally allow cats in public housing

Singaporeans living in public housing may soon be legally allowed to keep a maximum of two pet cats under a new policy. About the policy: On Dec. 2, Senior Minister of State for National Development ...

Posted on 10/01/2024

McKinsey sees Singapore’s manufacturing constrained, services resilient

Advanced estimates showed GDP grew 1.2% in 2023. Even after growing faster than expected last year, Singapore’s economy may continue to face challenges with a sluggish global demand threatening its ...

Posted on 10/01/2024

Singapore’s Keppel signs power supply deal with chipmaker GlobalFoundries

Global asset manager Keppel's infrastructure unit will supply electricity to the Singapore operations of the U.S.-based contract chipmaker GlobalFoundries under a multi-year power purchase agreement, ...

Posted on 10/01/2024

Singapore carrier top operator of SC-built 787-10 Dreamliners as Boeing hits delivery goal

The Singapore jet was one of 11 787s that Boeing brought to customers in December, helping the firm hit its goal of at least 70 Dreamliner deliveries in 2023.

Posted on 10/01/2024

Singapore to send team to multinational Red Sea operation; impact on critical supplies ‘limited’ for now

Singapore Armed Forces personnel will participate in the US-led Operation Prosperity Guardian, which aims to restore international confidence and a free flow of maritime shipping through the area.

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