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Posted on 08/05/2024

Indranee refutes ‘poorly sourced’ FT article claiming ‘unusual’ Singapore government briefings for international banks

SINGAPORE — Minister in the Prime Minister's Office Indranee Rajah on Tuesday (May 7) refuted a Financial Times (FT) report that had characterised government meetings with top international banks as "unusual". The April 20 article, titled "Singapore ...

Posted on 08/05/2024

Q & M Dental Group (Singapore) (SGX:QC7) shareholders have endured a 48% loss from investing in the stock three years ago

But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that long term Q & M Dental Group (Singapore) Limited (SGX:QC7) shareholders have had that experience, with the share price dropping 54% in ...

Posted on 08/05/2024

Echelon X, the premier tech conference in Southeast Asia, is scheduled for May 15-16 in Singapore.

The esteemed tech and startup platform, e27, has announced the launch of its latest and potentially most significant event to date, Echelon X. Celebrating its tenth anniversary, this flagship event is scheduled for May 15-16 at the Singapore EXPO and aims to significantly empower startups by fostering new business connections,

Posted on 08/05/2024

MAS Ensures DBS Addresses Root Causes of Recent Online Banking Disruptions

MAS has intensified its oversight of DBS Bank following repeated disruptions to its online banking and payment services.

Posted on 08/05/2024

UOB posts small drop in quarterly profit, confident of maintaining key margin level

SINGAPORE: Singapore's United Overseas Bank (UOB) posted a smaller-than-expected 2% drop in first-quarter profit on Wednesday and said it was confident of preventing further declines in its net ...

Posted on 08/05/2024

How Singapore’s average salary ranks worldwide

Living costs are considerably higher in Singapore than in the US ... Fabrice Coffrini/AFP/Getty Images Switzerland's average annual salary after tax: $78,712 (£62,352) Switzerland boasts the world's ...

Posted on 08/05/2024

Singapore studies proposals to revive its struggling stock market

SINGAPORE: Singapore studies proposals to revive its struggling stock market amidst concerns over its lagging... The post Singapore studies proposals to revive its struggling stock market appeared fir ...

Posted on 08/05/2024

Singapore’s MAS asks DBS to identify reasons for disruptions, The Strait Times reports

Last week, DBS Group said its online and mobile banking services had returned to normal after suffering issues for more than an hour on May 2. The disruptions came just two days after the Monetary ...

Posted on 08/05/2024

Nearly eight in 10 small businesses in Singapore have lost business due to emissions reporting rules: survey

Almost half (47%) of overall business leaders surveyed agree that it will become “significantly more expensive” to do business.

Posted on 08/05/2024

Nicole Scherzinger makes Singapore her runway in STB campaign

Singapore Tourism Board (STB) has partnered renowned artist and former member of The Pussycat Dolls to spotlight Singapore’s iconic attractions and experiences in a new video as part of the ‘Made in Singapore’ campaign launch in Europe.

Posted on 08/05/2024

Kuala Lumpur beats Singapore as the best destination for remote work

SINGAPORE: Kuala Lumpur beats Singapore as the best destination for remote work. While Singapore has secured the 78th spot in the latest best destinations for remote work ranking, its neighbour Kuala Lumpur (KL) has outshone it, claiming the 22nd position ...

Posted on 08/05/2024

UOB Q1 profit drops 2% to $1.49 billion on lower net interest income; beats forecast

UOB had a muted start to 2024 as its margins from interest rates dropped, even as loans picked up pace and fee income rose. Net profit for the first quarter fell 2 per cent to $1.49 billion, down from ...

Posted on 08/05/2024

Singapore’s MAS Asks DBS to Identify Cause of Outages, ST Says

Singapore’s regulator has asked DBS Group Holdings Ltd. to figure out the root cause of recent disruptions to its internet banking and payment services and deal with it effectively, the Straits Times ...

Posted on 08/05/2024

3 Singapore Companies That Conducted Acquisitions to Grow Their Business

FEO is also a member of the Far East Organisation, Singapore’s largest private property developer. The group announced the acquisition of a 49% stake in Homes for Students (HFS) for £17.6 million. HFS is the UK’s largest independent purpose-built ...

Posted on 08/05/2024

Indian Naval Ships Delhi, Shakti, and Kiltan arrive in Singapore for Operational Deployment to South China Sea

Indian Naval Ships Delhi, Shakti, and Kiltan led by RAdm Rajesh Dhankhar, Flag Officer Commanding Eastern Fleet arrived at Singapore on May 6.

Posted on 08/05/2024

UPDATE 1-Singapore bank UOB’s first-quarter net profit drops 2%, but beat forecasts

SINGAPORE, May 8 (Reuters) - Singapore's United Overseas Bank (UOB) reported on Wednesday a 2% decline in net profit in the first quarter from a year earlier on the back of a drop in net interest ...

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