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Posted on 16/04/2024

Singapore SMEs in contractionary mode for fifth straight quarter: OCBC

SMALL and medium-sized enterprises (SMEs) were in contractionary mode for the fifth consecutive quarter, the latest OCBC SME Index released on Tuesday (Apr 16) indicated. Read more at The Business ...

Posted on 16/04/2024

Singapore aims for over 1 mln tons of low-carbon methanol bunker supply by 2030

Singapore has the potential to supply over 1 million metric tons of low-carbon methanol annually by 2030 to meet rising demand for alternative bunker fuel, a Singapore minister said on Tuesday.

Posted on 16/04/2024

What Observers Are Saying as Singapore’s Lee Paves Way for Next PM Wong

Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition ...

Posted on 16/04/2024

Singapore shares open lower on Tuesday; STI down 0.3%

SINGAPORE stocks fell at the opening bell on Tuesday (Apr 16) morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East. Read more at The Business Times.

Posted on 16/04/2024

Singapore-headquartered AI Credit Scoring fintech FinbotsAI to transform credit risk management for Myanmar’s largest privately-owned bank, KBZ Bank

FinbotsAI, an Accel-backed Singapore headquartered B2B SaaS FinTech today announced signing KBZ Bank – Myanmar's largest privately-owned bank – as their first client in Myanmar. With this, FinbotsAI's fast growing client base spans 11 countries across APAC,

Posted on 16/04/2024

Seized Sentosa plot in $3 billion money laundering probe goes on sale as OCBC seeks loan recovery

SINGAPORE - A parcel of land on Sentosa, seized amid the $3 billion money laundering probe, will be sold by OCBC Bank as it attempts to recover over $20 million in loans taken by Cambodian national Su ...

Posted on 16/04/2024

Looking for Dividends and Growth? 3 Singapore Blue-Chip Stocks You Can Consider Buying

These three blue-chip companies promise a healthy mix of both dividends and growth. The post Looking for Dividends and Growth? 3 Singapore Blue-Chip Stocks You Can Consider Buying appeared first on ...

Posted on 16/04/2024

Monetary Authority of Singapore and Mastercard to Enhance Cooperation in Cybersecurity

MAS and Mastercard have reportedly signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity.

Posted on 16/04/2024

Bank Negara pledges support even as ringgit drops towards 26-year low

The ringgit slipped to 4.78 per US dollar, putting it within a whisker of its Feb 21 low of 4.8053. Read more at straitstimes.com.

Posted on 16/04/2024

Singapore’s PM Lee Hsien Loong to hand power in May to deputy Lawrence Wong

Singapore’s widely-respected Prime Minister Lee Hsien Loong will stand down as leader next month to make way for his deputy Lawrence Wong, ending his family’s decades-long hold on power in the ...

Posted on 16/04/2024

OCBC’s green car loans surged sixfold as new EV brands pique buyers

Loan demand for used EVs rose 30 times compared to launch, the bank said. OCBC saw the volume of its Eco-Care Car Loans surge sixfold in 2023 compared to its launch in 2021. The Singapore-based bank ...

Posted on 16/04/2024

End of an era in Singapore as prime minister set to step down

Lee Hsien Loong’s deputy, Lawrence Wong, will lead the city-state, which has an outsize role economically, diplomatically and militarily.

Posted on 16/04/2024

New deal intends to make trade with Singapore simpler

A cooperation arrangement with Singapore Customs and its Infocomm Media Development Authority (IMDA) was signed electronically by New Zealand Customs comptroller and chief executive Christine ...

Posted on 16/04/2024

Seas the Future: Singapore’s Visionary Leap into Oceanic Carbon Capture

The project builds on the success of two pilot plants in Los Angeles and Singapore, which began operations in March 2023 and have demonstrated the feasibility of the technology at a smaller scale.

Posted on 16/04/2024

FinTech LIVE Singapore: Just One More Day to Go!

Those attending FinTech LIVE Singapore will be able to take part in interactive high-energy panels and discover the latest initiatives, innovations and trends through in-depth keynotes and fireside ...

Posted on 16/04/2024

How Malaysia’s IOI Properties Quietly Became One Of Singapore’s Biggest Landlords

Company—owned by billionaire brothers Lee Yeow Chor and Lee Yeow Seng—has built its presence in the Lion City, where it now has properties valued at about $5 billion.

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