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Posted on 25/04/2024

Funds raised by Singapore’s tech startups up 59% in 2023

Singapore’s early-stage emerging technology startups raised US$402mil in funding in 2023, up 59% from the US$253mil raised in 2022, says national investment arm SGInnovate.

Posted on 25/04/2024

Malaysia to Pilot QR Code at Checkpoints With Singapore, Report Says

One of the world’s busiest land checkpoints is set to become less congested as Malaysians traveling to Singapore on factory buses will be able to clear immigration through QR code.

Posted on 25/04/2024

Company director jailed for multiple offences; firms’ bank accounts used to receive S$18 million in scam proceeds

The 34-year-old man incorporated companies used for money laundering for a promised S$20,000 reward from someone from a Telegram group named SG Black Market Hire.

Posted on 25/04/2024

Fintech Galaxy launches open banking credit scoring in partnership with Singapore’s FinbotsAI

Open banking solutions provider aims to redefine credit scoring by leveraging FinbotsAI’s AI-driven credit scoring platform, CreditX, within FINX Connect ...

Posted on 25/04/2024

Singapore SMEs ‘unconcerned’ about AI’s negative impact amid widespread adoption: report

And while 30% of SMEs say AI is a threat to business activity, according to the report, employers are "mostly unconcerned" about the negative effect of AI: such as AI-instigated cyber-attack (15%), ...

Posted on 25/04/2024

Singapore survey finds half the workforce would quit without work-from-home privileges

Flexible work has become a hot-button issue in the city state since the government announced last week that all employers must allow formal requests for flexible work arrangements from December.

Posted on 25/04/2024

S$1,424 (RM5,000) salary offered to Malaysian roti canai makers to flip their dough in Singapore

SINGAPORE: Many people around Southeast Asia would jump at the chance to live and work... The post S$1,424 (RM5,000) salary offered to Malaysian roti canai makers to flip their dough in Singapore appe ...

Posted on 24/04/2024

Sole $20m bid in auction for Sentosa plot seized in money laundering probe not accepted by OCBC

SINGAPORE - A sole bid of $20 million for a land parcel in Sentosa Cove seized in a $3 billion money-laundering probe was not accepted by OCBC bank, and the property was withdrawn because it did not ...

Posted on 24/04/2024

Singapore firms rethink workplace policies ahead of new flexi-work guidelines

SINGAPORE: The recently announced guidelines on flexible work arrangements have prompted Singapore-based companies to rethink their workplace policies.

Posted on 24/04/2024

Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion

The daughter of a Chinese nickel billionaire purchased a multimillion-dollar mansion in Singapore, adding to the list of wealthy people seizing buying opportunities during the market lull.

Posted on 24/04/2024

Retirement savers in Singapore need to cast their nets wide for growth

BLACKROCK chairman Larry Fink’s letter to shareholders this year focused on the central role of capital markets in funding two big challenges – retirement and infrastructure. Read more at The Business ...

Posted on 24/04/2024

After the Bitcoin halving, what is the climate impact of crypto?

Mining digital currencies demands a ton of energy, and the reduced supply of Bitcoin will spur operations centered on that goal to work even harder.

Posted on 24/04/2024

One in three Singapore SMEs expect AI to replace or take over jobs: survey

JUST under a third of small and medium-sized enterprises (SMEs) in Singapore expect artificial intelligence (AI) to eventually replace or take over jobs in their companies, according to the findings ...

Posted on 24/04/2024

Billionaire Choo Opens The World’s Largest Mercure Hotel In Singapore

Billionaire Choo Chong Ngen's Worldwide Hotels has opened the Mercure ICON in Singapore's trendy Club Street as it expands its footprint to tap the travel boom.

Posted on 24/04/2024

Singapore and Estonia can share insights on the use of AI in schools: Estonian minister

SINGAPORE - As schools around the world grapple with generative artificial intelligence (AI), Singapore and Estonia can work together to exchange insights on such tools, said Ms Kristina Kallas, Minister of Education and Research of Estonia. “

Posted on 24/04/2024

ACE Market-bound Farm Price aims to raise RM24.5mil from IPO

KUALA LUMPUR: Farm Price Holdings Bhd aims to raise RM24.5 million from its initial public offering (IPO). The company is set for its listing on Bursa Malaysia Securities’ ACE Market on May 14.

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