Singapore's central bank tightened its monetary policy settings on Tuesday in its first out-of-cycle move in seven years, as global supply constraints and brisk economic demand elevate inflation ... ( read original story ...)
Indonesia, Singapore sign extradition, airspace and defence agreements
Indonesia and Singapore signed on Tuesday a bilateral extradition agreement, a move that Jakarta expects to help authorities in their effort to bring to justice people accused of stashing offshore ... ( read original story ...)
Recent SMS phishing scams in S’pore shed light on digital bank security – what more can be done?
She clicked an SMS that she thought was from her bank. It brought her to a link that looked like the bank’s internet banking login page. After the bank user keyed in her authentication code, hackers ... ( read original story ...)
DBS appoints new chief sustainability officer
DBS announced yesterday (January 24) the appointment of Helge Muenkel (pictured) as new chief sustainability officer, with immediate effect . Joining the bank following a decade a ... ( read original story ...)
Relaxing IPO-focused Regulations Is the Need Of the Hour
India’s startup ecosystem is maturing, and there is a greater appetite for investors to take bets on loss-making companies, with the assumption that they will be profitable in the future ... ( read original story ...)
SCB 10X doubles down on investment in Darwinbox, Asia’s leading HR tech platform, vaulting it to unicorn status.
Darwinbox, Asia’s fastest growing HR tech platform, marks another milestone with a $72MN funding round, leapfrogging to unicorn valuation. Led by Technology Crossover Ventures (TCV) along with ... ( read original story ...)
Adani Wilmar IPO: What GMP signals ahead of subscription opening
Adani Wilmar IPO's price band has been fixed at ₹218-230 for its issue through which it aims to raise up to ₹3,600 crore ... ( read original story ...)
Singapore tightens monetary policy further as price pressures build
The city-state’s trade-dependent economy is highly susceptible to swings in global inflation. The central bank’s sudden move comes as price pressures create unease for policymakers elsewhere in Asia. ( read original story ...)
Singapore Tightens Policy in Surprise Move on Inflation Risks
The Monetary Authority of Singapore announced in a surprise move Tuesday that it was further tightening monetary policy, citing upside risks to its inflation forecasts. Most Read from BloombergStocks ... ( read original story ...)
TrueUSD’s 2021 in Review: Partner with Public Chain Ecosystems and Builder of Compliant, Transparent Finance
TrueUSD announces its 2021 review. The stablecoin market experienced explosive growth in 2021. The total supply of U.S. dollar-pegged stablecoins soared to 388%, from $29 billion at the beginning of ... ( read original story ...)
Singapore’s sovereign wealth fund to buy testing firm Element Materials Technology for £5bn
Element's wide-ranging work includes testing Rolls-Royce plane engines and checking how corrosive oil and gas pipelines are. ( read original story ...)
Tools used in phishing scams easily available online
SINGAPORE - The tactics used by fraudsters in the recent spate of SMS phishing scams have been called sophisticated, but many of the tools used are easily available. Checks by The Straits Times found ... ( read original story ...)
11 Best Cashback Credit Cards in Singapore (2022)
Collecting air miles for your jet setting lifestyle sounds sexier than trying to scrounge for cash rebates, but now that Covid-19 has killed travel, most of us would rather get our card benefits in ... ( read original story ...)
HSBC Says Singapore to Raise GST Incrementally Over 2023-2024
Singapore will likely split a planned two-percentage point increase in Goods and Services Tax between 2023 and 2024, given lingering Covid-19 risks and a need to support economic recovery, economists ... ( read original story ...)
Man admits forging payslips with higher salary to get credit card to buy bitcoin, went bankrupt
SINGAPORE: Wanting to get a credit card with a higher limit so he could buy bitcoin, a man forged his payslips and made it seem as though he received a higher salary, tricking a bank into issuing him ... ( read original story ...)
Another family loses life savings, this time to DBS’ S’pore Bicentennial Commemorative S$20 note phishing scam
A concerned individual appealed for assistance online after her mum fell victim to a “DBS Bicentennial Commemorative Note” phishing scam, resulting in her life savings “gone within seconds.” Complaint ... ( read original story ...)