Despite the setback, TikTok is expected to expand its market share. In a report earlier this month, Singapore-based consultancy Momentum Works projects TikTok Shop will triple its market share in ...
Five nabbed in anti-scam operation by police, DBS bank, $680k seized
Another 47 people are under investigation for their suspected involvement in scams. Read more at straitstimes.com.
Japanese yen may strengthen against the Singapore dollar next year: Analysts
The Japanese yen sank lower against the Singapore dollar this week, after reaching its weakest since 1985 earlier this month.
Singapore’s Sea Swings Back to Loss After New Rivals Take a Toll
Sea Ltd. swung back to a loss in the third quarter, hit by flagging consumption and intensifying competition from Alibaba and TikTok on its home turf.
Yes8 Online Casino Singapore- Your Trusted Choice
As an established betting platform in Asia, Yes8 offers various online casino Singapore games, sports betting options, and esports betting through TF Gaming. You can be confident in a secure and fair ...
Harnessing the power of Singapore fintech to drive sustainability
New regulations for data and mandatory reporting are acting as a catalyst for making the country a regional ESG hub, a key topic at this week's Singapore Fintech Week.
StanChart launches blockchain unit, eyes Singapore bond fund
SINGAPORE -- International bank Standard Chartered's venture arm on Tuesday launched a new blockchain unit that aims to help tokenize traditional financial instruments, moving rapidly to stake out a ...
DBS Group Holdings Ltd’s Dividend Analysis
Extended to a five-year horizon, this rate increased to 9.80% per year. And over the past decade, DBS Group Holdings Ltd's annual dividends per share growth rate stands at an impressive 10.90%.
Maybank and DBS raise respective target prices for StarHub on higher earnings and lower IT spending
Analysts from Maybank Securities and DBS Group Research have raised their respective target prices for StarHub following better-than-expected 3QFY2023 earnings.
Singapore-based fund takes majority stake in media firm once backed by Bankman-Fried loan
This deal is worth more than US$50 million, according to people familiar with the matter. Read more at straitstimes.com.
Singapore beats the US as the largest source of real estate investments in APAC
Property investors from Singapore injected nearly US$8.5b into the region. Singapore has emerged as the primary source of Asia-Pacific (APAC) real estate investments year-to-date, surpassing the ...
Billionaire Lim Kok Thay’s Genting To Spend Additional $1.7 Billion To Revamp Singapore Casino Resort
Genting Singapore is spending an additional S$2.3 billion to revamp its Resorts World Sentosa (RWS) casino resort as hotel room rates in the Lion City surged to record levels this year.
New initiative called Universal Trusted Credentials to help MSME better access finance launched: UNDP, MAS and partners
The UTC proposes a framework that assesses an MSMEs financing worthiness based on traditional and alternative data sets.
World Bank’s IFC names country manager for Singapore, Malaysia and Brunei
THE International Finance Corporation (IFC), the World Bank’s investment arm, has appointed Katia Daude Gonçalves as country manager for Singapore, Malaysia, and Brunei, it said on Tuesday (Nov 14).
Maid withdrew S$88,600 from bank account of employer’s 95-year-old father, gets jail
SINGAPORE — Over about six months, a maid withdrew a total of S$88,600 from her employer's 95-year-old father's bank account, taking care not to trigger the bank's automatic alert for large ... ( read original story ...)
SC Venture’s Libeara will soon let accredited investors in on tokenised Singapore-dollar government bond funds
Libeara was born after MAS’s global retail CBDC challenge. It also built projects for the HK government, Ghana, and Philippines.