The search is on for Southeast Asia’s top-performing currency for the year and the odds are tilting in favor of the Singapore dollar.Most Read from BloombergBoeing Is Set to Launch Its First New Jet ... ( read original story ...)
Nearly S$1 billion lost by scam victims in Singapore since 2016
The recent phishing saga involving customers of OCBC Bank has highlighted the epidemic of scams in Singapore, where victims have lost more than $965 million in just over 5½ years, checks by The ... ( read original story ...)
Adani Wilmar IPO: Subscription details, GMP signals and other things
The proceeds from Adani Wilmar IPO will be used to fund capital expenditure, reduce debt and for acquisitions. The ₹3,600 crore IPO is in a price range of ₹218-230 per share. It will close on January ... ( read original story ...)
Singapore to further appreciate currency to counter inflation as Sri Lanka struggles to keep peg
Singapore Monetary Authority which operates on currency board principles said it will further appreciate the currency from January 2022, after inflation hit 4.0 percent in December 2022 as Sri Lanka ... ( read original story ...)
It’s 2022 & you’re still giving out cash for ang baos? Time to get with the times.
It’s almost a ritual for Chinese Singaporeans to head to the bank every year to queue for new notes to give physical ang baos. My mother, for one, typically makes it a point to queue for new notes a ... ( read original story ...)
How Singapore’s Lifestyle Inflation Keeps You Poor Even As Your Income Rises
In a perfectly logical world, getting a $1,000 raise would mean having $1,000 more to save. Unfortunately, it’s clear this world exists only in the land of unicorns and flying dragons. In the real ... ( read original story ...)
Man was ‘hired’ by recruiter, only to be cheated of $24k in three days in job scam
The job promised a daily salary of $80 to $120, but 32-year-old man who took it on ended up $24,000 poorer. . Read more at straitstimes.com. ( read original story ...)
Adani Wilmar IPO subscribed 1.13 times on the second day of offering
The initial public offering of edible oil major Adani Wilmar Limited received 1.13 times subscription on the second day of offering on Friday. The IPO received bids for 138,577,270 shares against 122, ... ( read original story ...)
Morrison & Foerster Singapore’s Energy And Infrastructure Group Recognized In Top Legal Directories In 2022.
MoFo’s Energy and Infrastructure group in Singapore has since earned five new practice area rankings in Chambers Asia-Pacific 2022, IFLR1000 (31st Edition) and The Legal 500 Asia-Pacific 2022. The ... ( read original story ...)
He was ‘hired’ by a recruiter and cheated of $24k in three days in job scam
The job promised a daily salary of $80 to $120, but 32-year-old man who took it on ended up $24,000 poorer. . Read more at straitstimes.com. ( read original story ...)
Standard Chartered hires Marisa Drew as Chief Sustainability Officer
A logo of Standard Chartered is displayed at its main branch in Hong Kong, China, Aug. 1, 2017. REUTERS/Bobby Yip/File Photo ... ( read original story ...)
Will the tech giants’ stock market rout dampen the IPO mood in Asia?
In India and SE Asia, stocks of most startups including Paytm, Bukalapak and Grab are trading below their debut price. ( read original story ...)
Singapore – Intellectual Property Amendment Bill Streamlines IP Registration For Businesses.
I beg to move, “That the Bill be now read a Second time. 2 Sir, it is a truism today that economic growth is increasingly driven by innovation, and the intangible assets (“IA”) and intellectual ... ( read original story ...)
OCBC phishing scam: Police say they rushed to take down fake bank websites, trace lost cash
Aileen Yap remembers how in early December last year, reports on the OCBC SMS phishing scam started trickling in. In that period, there were about one or two cases a day, said DAC Yap, assistant ... ( read original story ...)
Singapore’s DBS Bank to buy Citigroup’s consumer banking business in Taiwan at US$707 million premium
'Notwithstanding Covid-19, we believe Asia's long-term growth trends remain intact,' says Piyush Gupta, CEO of DBS Group The Singaporean bank will pay cash for the assets of Citi Consumer Taiwan in a ... ( read original story ...)
Singapore foreign workforce shows rebound from pandemic hit
Singapore’s non-resident workforce expanded for the first time in two years last quarter, driven by an increase in the construction sector. ( read original story ...)