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Posted on 19/08/2024

Property groups should sell low-yielding investment properties, go slow in raising debt

ACCESS to debt appears fine for Singapore-listed property groups. Frasers Property announced in July that it had secured a sustainability-linked loan amounting to around S$904 million, comprising an ... ( read original story ...)

Posted on 19/08/2024

Money laundering syndicate based in JB busted by Singapore and Malaysia police

One of the 12 Malaysian nationals arrested was extradited to Singapore and charged on Aug 19. Read more at straitstimes.com.

Posted on 19/08/2024

Joint Malaysia-Singapore op nets money laundering cell

The suspect is believed to be responsible for bringing foreigners to Singapore to open bank accounts to facilitate money-laundering activities relating to scams' ...

Posted on 19/08/2024

UOB Study: Singapore consumers upbeat about economy and personal finances, but youths are unprepared financially

Singapore consumers are optimistic about their local economy and personal finances, but nagging inflation and gaps in financial preparedness among youth surfaced as pertinent issues in UOB's latest ...

Posted on 19/08/2024

NDR 2024: Business associations support more parental leave but highlight operational challenges for firms

During his National Day Rally speech, Prime Minister Lawrence Wong announced that the government will mandate four-week paternity leave and implement a new shared parental leave scheme from Apr 1 next ...

Posted on 19/08/2024

NDR 2024: Up to US$4,574 in financial support over maximum of six months for those who lose jobs in Singapore

SINGAPORE: Workers who lose their jobs will get up to S$6,000 (US$4,574) in temporary financial support to tide them over through an upcoming scheme.

Posted on 19/08/2024

Singapore Exchange (SGX:S68) Is Due To Pay A Dividend Of SGD0.09

Singapore Exchange Limited ( SGX:S68 ) has announced that it will pay a dividend of SGD0.09 per share on the 25th ...

Posted on 19/08/2024

Analysts mixed on UOB after bank’s corporate day which unveiled sustained ROE target of 14% in 2026

The analysts add that UOB also aims to increase its private bank asset under management (AUM) to $145 billion by FY2026, and increase its relationship manager headcount to 400 from 278 in FY2023. UOB ...

Posted on 19/08/2024

Singapore stocks open on a positive note on Monday—STI rose by 1.1%

SINGAPORE: Singapore stocks opened positively on Monday, Aug 19, following Prime Minister Lawrence Wong’s first... The post Singapore stocks open on a positive note on Monday—STI rose by 1.1% appeared ...

Posted on 19/08/2024

Asia Crypto Roundup: Worldcoin’s Malaysia Expansion, Singapore’s DBS Treasury Tokens Pilot, and More

DBS Bank introduces Treasury Tokens for instant, multi-currency management in Singapore, enhancing corporate liquidity. Worldcoin expands to Malaysia, integrating its digital identity solutions into ...

Posted on 19/08/2024

Popular Japanese chain Gyukatsu Kyoto Katsugyu opening first outlet in Singapore this September

The chain specialises in deep-fried, breaded beef, and customers can choose from a variety of cuts like tenderloin, sirloin and tongue.

Posted on 19/08/2024

Singapore to streamline regulations to enhance global competitiveness: PM Lawrence Wong

Singapore Prime Minister Lawrence Wong announced on Sunday that the country will focus on minimising regulatory burdens to help businesses innovate and manage costs, as the nation faces increasing ...

Posted on 19/08/2024

In major policy shift, Singapore announces unemployment support scheme

The scheme will give laid off workers up to SG$6000 (USD$4,561) per month for six months, subject to conditions.

Posted on 19/08/2024

Singapore’s PM Wong Hands Out Fresh Perks Ahead of Election

Lawrence Wong used his first major policy speech since becoming Singapore’s prime minister to dish out new social benefits for citizens, while pledging to simplify compliance and regulatory processes ...

Posted on 19/08/2024

Singapore offers four weeks of mandatory, govt-paid paternity leave; extra 10 weeks of leave to be shared between mums and dads

Four weeks of government-paid paternity leave will be made mandatory from April 2025 Eligible working fathers with Singaporean children born on or after the date will ...

Posted on 19/08/2024

Asia markets take a breather after last week’s rally; inflation data and central bank decisions on deck

Traders will watch out for central bank releases, including the Bank of Korea's rate decision and minutes of the Reserve Bank of Australia's August meeting. ( read original story ...)

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