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Category: BUSINESS

Posted on 31/05/2024

Singapore invests $300M in National Quantum Strategy

It aims to boost the nation’s quantum industry. Deputy Prime Minister Heng Swee Keat announced an investment of nearly $300m into Singapore's National Quantum Strategy (NQS) to boost the country's ...

Posted on 31/05/2024

Taoist priest allegedly made false entries in tax returns, leading to over $167k undercharged

SINGAPORE - A Taoist priest allegedly made false entries in his personal income tax returns multiple times between 2014 and 2020, leading to more than $167,000 being undercharged. Lim Yen Ei, 48, ...

Posted on 31/05/2024

Sands CEO says Singapore is “a hugely important market” that is “going through a growth spurt”

Sands is planning a new development in Singapore which will have fewer rooms than MBS, but will also have a casino, arena and eateries.

Posted on 31/05/2024

Singapore to offer enterprises incentives to buy greener hardware

Tropical nation ends DC build hiatus and calls for energy optimization everywhere – even software Singapore will offer incentives aimed at encouraging enterprises to upgrade their hardware fleets, as ...

Posted on 31/05/2024

An Intrinsic Calculation For Q & M Dental Group (Singapore) Limited (SGX:QC7) Suggests It’s 44% Undervalued

Key Insights The projected fair value for Q & M Dental Group (Singapore) is S$0.43 based on 2 Stage Free Cash Flow ...

Posted on 31/05/2024

Singapore’s DBS Bank Leads in Ethereum (ETH) Accumulation Ahead of Inevitable Bullish Breakout

DBS Bank, which has gradually adopted the cryptocurrency industry, holds a colossal stake in the second-largest digital asset Ethereum (ETH).

Posted on 31/05/2024

China limits military hardware for West days before Singapore security meet

China announced to restrict the export of certain materials and goods for military products from July 1 this year, just ahead of Admiral Dong Jun’s, country’s newly appointed defense minister, debut ...

Posted on 30/05/2024

Over half of Singapore CEOs have pushed sustainability down their to-do list: EY survey

DECARBONISATION has taken a back seat among corporate leaders in Singapore, a quarterly survey by EY has found. Read more at The Business Times.

Posted on 30/05/2024

Yunhe Wang Arrested in $5.9 Billion Fraud; Network Dismantled in Singapore

In a shocking turn of events, US officials have disrupted a global cybercrime network led by Wang that defrauded the US government of billions of dollars in cooperation with foreign accomplices. An ...

Posted on 30/05/2024

Singapore’s Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen

DBS, the largest bank in Singapore, is an ether {{ETH ... a go-to technology for investment banks to tokenize capital markets. The bank is not new to crypto and offers a range of services, including ...

Posted on 30/05/2024

Singapore man who went to JB 3 days ago can’t be reached, family makes police report

A Singaporean man who went to Johor Bahru three days ago has become uncontactable, and his friends and family members are mystified over what could have happened to him. Mardave Parades Manuel, 29, ...

Posted on 30/05/2024

Singapore’s DBS Bank holding $650M Ethereum? Nansen flags whale holdings

According to Nansen, they have identified the whale as DBS, one of the largest banks in Singapore. Nansen estimates that the crypto wallet has already made a profit of $200 million from holding Ether ...

Posted on 30/05/2024

Singapore shares open lower on Thursday—STI dropped by 0.2%

SINGAPORE: Singapore shares opened lower on Thursday, tracking losses in US and European markets from... The post Singapore shares open lower on Thursday—STI dropped by 0.2% appeared first on The Inde ...

Posted on 30/05/2024

Singapore surgeon and other female changemakers win big at 2024 Cartier Women’s Initiative

In its 17th edition, Cartier's impact entrepreneurship programme invests in female-founded start-ups driving change. Read more at straitstimes.com.

Posted on 30/05/2024

Singapore’s Grab to work with OpenAI to boost app accessibility

SINGAPORE -- Singapore-based ride hailer Grab Holdings says it will work with OpenAI to incorporate generative AI technology into its app, the first such partnership in Southeast Asia for the ChatGPT ...

Posted on 30/05/2024

Singapore to free up more power for data centre expansions

SINGAPORE: Singapore aims to increase the amount of power it allocates for data centres by as much as 35%, according to Janil Puthucheary, senior minister of state at the ministry of communications ...

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