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Posted on 01/08/2024

Singapore’s real estate to outperform in cross-border investments

Cross-border investments accounted for 48% of Singapore’s real estate investment volume in H1 2024, surpassing the 10-year average of 43%.

Posted on 01/08/2024

Singapore bank UOB’s second-quarter net profit rises 1% on-year

Singapore's United Overseas Bank (UOB) reported on Thursday a 1% rise in net profit in the second quarter from a year earlier on the back of higher net fee income and a rebound in loan-related fees ...

Posted on 01/08/2024

Singapore’s Keppel posts 7% rise in half-year profit

Singapore's Keppel Ltd posted on Thursday a 7% rise in its first-half underlying profit, supported by upbeat performance at its infrastructure and connectivity segments. The company's net profit from ...

Posted on 01/08/2024

Singapore bank UOB’s second-quarter net profit rises 1%, misses forecast

Singapore's United Overseas Bank (UOB) reported on Thursday a 1% rise in net profit in the second quarter from a year earlier on the back of higher net fee income and a rebound in loan-related fees ...

Posted on 01/08/2024

Commentary: Recovering mistaken PayNow transfers could be simpler and swifter in Singapore

Though Singapore’s law allows individuals to recover bank transfers made by mistake, it is more challenging in practice if the recipient does not cooperate, says SUSS law lecturer Ben Chester Cheong.

Posted on 01/08/2024

Crypto-Friendly Sygnum Bank Posts Record Profit and $4.5 Billion in Client Assets

Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Sygnum Bank has announced its ...

Posted on 01/08/2024

Brainstorm AI Singapore 2024: AI in education—fighting cheating and preparing smarter students

Khairul ANWAR, Pandai, Tim BALDWIN, Mohamed bin Zayed University of Artificial Intelligence, Sonita JEYAPATHY, National University of Singapore, Jeremy Kahn, FORTUNE ...

Posted on 01/08/2024

Singapore Institute of Advanced Medicine Holdings to report ‘significant’ net loss after tax for FY2024

Singapore Institute of Advanced Medicine Holdings (SAM Holdings) is expected to report a “significant” net loss after tax for the FY2024 ended June 30, marking another year of net losses. The group ...

Posted on 01/08/2024

Total employment growth in Singapore doubled in Q2: Advance estimates

SINGAPORE: Total employment growth in the second quarter of the year was more than double that of the previous quarter, according to advance labour market estimates released by the Manpower Ministry ...

Posted on 31/07/2024

HSBC plans another $3 billion stock buyback as CEO Noel Quinn prepares to leave

The London-headquartered bank beat expectations on a bumper result from its wealth-management arm as it launched another $3 billion share-buyback plan ...

Posted on 31/07/2024

‘As yet, there are no credits’: Singapore launches new alliance to source Article 6 offsets for high-emitters

Through the Singapore Carbon Market Association, the country aims to increase the supply of carbon credits that firms can use to offset taxable emissions, says government official.

Posted on 31/07/2024

Singapore to Start Passport-Less Immigration Clearance

Singapore will start passport-less immigration clearance at Changi Airport from August, the latest step by the Asian city-state to provide hassle-free travel in one of the world’s busiest hubs.

Posted on 31/07/2024

Sailing-Formula One meets chess for Singapore’s Maeder in kite medal quest

Driving a racing car while playing chess is how Singapore's Max Maeder sums up "flying" on a foiling kiteboard at speeds of up to 80 kilometres per hour in Olympic sailing's newest event.

Posted on 31/07/2024

Singapore and US sign civil nuclear technology deal

Singapore Foreign Affairs Minister Vivian Balakrishnan and US Secretary of State Antony Blinken signed the 123 Agreement on Wednesday. The 30-year pact, which is likely to be enforced by end-2024 ...

Posted on 31/07/2024

Brainstorm AI Singapore 2024: AI will have a $1 trillion impact in Southeast Asia, says Microsoft Asia president

Arvind JAIN, Glean, Ahmed MAZHARI, Microsoft Asia, Suthen Thomas PARADATHETH, Grab, Stephanie SY, Thinking Machines, Ayesha KHANNA, Addo AI ...

Posted on 31/07/2024

Singapore Airlines warns of pressure on passenger yields due to stiff competition

(Reuters) -Singapore Airlines on Wednesday warned that a key revenue metric would remain under pressure this year as rising competition crimps average fares and higher fuel costs dent profits. Airlines globally have been increasing the number of flights and routes to cater to robust air travel demand,

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