Siam Commercial Bank (SCB) has announced that it will acquire cryptocurrency exchange Bitkub through its subsidiary SCB Securities. The Thai bank will get 51% of Bithub’s shares in a deal worth 17.85 ... ( read original story ...)
Ships queues worsen port delays from Singapore to Piraeus
Like all major container hubs, Singapore relies on a delicate logistical ecosystem, where a storm or a Covid-19 outbreak in another port, transit way or transportation sector can ripple widely. ( read original story ...)
EDP Renewables acquires majority stake in Singapore’s Sunseap
Banpu PCL is selling its 47.5% shareholding in Sunseap for about S$490 million to EDPR, the world's fourth-largest renewable energy producer. ( read original story ...)
Singapore’s high tide of tech startups surf digitalization boom
There has been a wave of startups in Singapore that hope to emulate the successes of Sea, a global internet consumer company with a market capitalization of more than $200 billion, and Grab Holdings ... ( read original story ...)
Singapore Based AI Logistics Platform, uParcel, Raises $2m in Pre-Series A Funding
PRNewswire/ -- uParcel, a regional AI-technology driven same-day delivery platform headquartered in Singapore, announced today that it has secured S$2 ... ( read original story ...)
‘He’s got an IQ of 69’: Malaysian man to be hanged in Singapore for possessing 1.5 ounces of heroin
Lawyers are making last-resort efforts to save a mentally impaired Malaysian man from being hanged in Singapore for drug charges next week. What’s happening: Nagaenthran Dharmalingam, 33, is scheduled ... ( read original story ...)
Mum quits job in Singapore to be with family in Penang
Having been away in Singapore and unable to see her children in the last 12 months due to the pandemic, Deepa Krishnan has decided to quit her job as a bank officer and return to Penang. The ... ( read original story ...)
Singapore banks OCBC, UOB post profit jump on lower credit charges
Singapore's second- and third-largest lenders reported better-than-expected quarterly profit increases, building on a recovery from pandemic-hit markets and supported by lower provisions for credit ... ( read original story ...)
Top Singapore Banks Cautiously Upbeat as Profit Beats Estimates
Two of Singapore’s largest lenders struck a cautiously upbeat tone after profit in the third quarter beat forecasts driven by gains on fees from wealth and lending, and lower provisions for bad loans. ( read original story ...)
Key policy changes: Singapore’s Retirement and Re-employment Age & CPF Acts 2021
The first shifts of the Retirement Age to 63 and Re-Employment Age to 68 will take effect from 1 July 2022. Meanwhile, CPF members can look forward to simplified processes beginning Q1 of 2022. ( read original story ...)
Singapore Stock Market May Extend Winnings Streak
The Singapore stock market has moved higher in two straight sessions, gathering almost 35 points or 1.1 percent along the way. The Straits Times Index now sits just above the 3,230-point plateau and ... ( read original story ...)
LiquidX Named Finalist for Singapore Global FinTech Awards 2021
The Monetary Authority of Singapore (MAS) has named LiquidX Insurance Services (Singapore) Pte. Ltd. a finalist for the Singapore FinTech Festival (SFF) Global FinTech Awards 2021 in the Singapore ... ( read original story ...)
Pandemic Geography: What’s Going on in Singapore?
With 82% of its population fully vaccinated, mostly with mRNA vaccines, COVID case incidence on Nov. 1 is the same as Wyoming, where 44% of the population is fully vaccinated. Hospitals are feeling ... ( read original story ...)
Singapore lender OCBC Q3 profit rises 19%, beats estimates
Singapore's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a better-than-expected 19% rise in quarterly net profit on Wednesday, supported by lower provisions for credit losses ... ( read original story ...)
Tencent Cloud Partners With Singapore Business Federation to Provide Integrated Smart Conference Solution for Singapore Exhibitors at China Internatio
With Tencent Cloud's robust technology support, exhibitors from the Singapore Pavilion can connect to more visitors and potential customers through virtual exhibitions, virtual forums, live streaming ... ( read original story ...)
Singapore to Recognize Digital IDs for In-person Government Interactions
Singapore residents will soon be able to use digital identity cards when applying for and accessing government services in-person ... ( read original story ...)