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Posted on 06/02/2024

Innovation Island: Singapore Is Poised To Be The World’s Next Wealth Capital

Singapore's rise is underpinned by its strategic geographical location and business-friendly regulatory environment, along with its emerging role as a new focal point for Asian finance and world-class ...

Posted on 06/02/2024

Singapore removes personal data collected for COVID-19 contact tracing

The TraceTogether and SafeEntry systems are now no longer operating and all COVID-related personal data collected from the two platforms has been deleted, confirmed the Smart Nation Group, which is a ...

Posted on 06/02/2024

Singapore banks’ profits set to peak as rates boost fades

DBS will kick off the earnings season on Feb 7, followed by UOB on Feb 22 and OCBC on Feb 28. Read more at straitstimes.com.

Posted on 06/02/2024

Singapore’s banks profits set to peak as rates boost fades

Singaporean banks are set to post higher profits for the fourth quarter because of higher interest rates, though growth momentum is poised to slow as big central banks pivot toward rate cuts and ...

Posted on 06/02/2024

Singapore’s property tax revenue expected to increase by S$600m due to higher home valuations

SINGAPORE: Singapore's residential property tax revenue for 2024 is expected to be around S$600 million (US$446 million) higher than what was collected in 2023, said Second Minister for Finance Chee ...

Posted on 06/02/2024

Singapore AI fintech investment surges in H2 despite global funding winter: KPMG

FUNDING for artificial intelligence (AI) technologies in Singapore’s fintech sector surged 77 per cent in the second half of 2023, despite a global decline in fintech investments amid economic ...

Posted on 06/02/2024

Singapore’s relations with China not affected after ‘solemn demarches’ over congratulations to Taiwan’s Lai: MFA

China had rebuked countries – including Singapore, the United States, Japan and several European nations – that congratulated Taiwan's William Lai after his election victory.

Posted on 06/02/2024

Singapore’s tripartite guidelines on non-compete clauses to be released in second half of 2024

SINGAPORE intends to release tripartite guidelines on non-compete clauses in the second half of 2024, said Manpower Minister Tan See Leng in Parliament on Tuesday (Feb 6). Read more at The Business ...

Posted on 06/02/2024

Singapore Bourse May Test Support At 3,100 Points

The Singapore stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it ...

Posted on 06/02/2024

China declines comment on Singapore’s foreign interference case, says it’s another country’s internal affairs

In response to a query from The Straits Times, a Chinese Foreign Ministry spokesperson said on Feb 5 that Mr Chan, as president of the Hong Kong Singapore Business Association, has contributed to the ...

Posted on 06/02/2024

Singapore finally deletes its COVID-era contact tracing data

Except for the data used for a controversial murder investigation. That stays. Forever Singapore's government announced on Monday it had deleted almost all the personal data collected from its COVID ...

Posted on 06/02/2024

Singapore to review F1 deal, audit 2022 race after S. Iswaran corruption probe

Iswaran resigned last month after being charged with corruption, including allegedly obtaining tickets to musicals and soccer matches in the UK. He denies the charges.

Posted on 06/02/2024

SRS contributions are great for tax savings but may not be for everyone

Find out more about subscription packages here. TAX season is almost upon us, with tax filing season typically beginning on Mar 1. While Singapore’s personal income tax rate is generally considered to ...

Posted on 06/02/2024

LTE Meaning: Understanding the Cell Phone Technology

Next to the battery icon on your phone, you see "LTE," meaning ... meaning what, exactly? Learn how LTE helps you stream while also enabling smart cities.

Posted on 06/02/2024

Singapore’s Oobit gets $25 million funding from investors, including crypto firm Tether

Singapore's mobile payment app firm Oobit said on Monday it had raised $25 million in a funding round amid expansion plans as it pushes to advance the adoption of cryptocurrencies as a means of ...

Posted on 06/02/2024

UOB share price steady; late former chairman built ‘deep management bench, clear succession’

Apart from the stable share price, trading in UOB’s shares was also higher than usual. Read more at straitstimes.com.

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