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Posted on 03/04/2024

Singtel rules out impending deal to sell Australian unit Optus

Singapore Telecommunications (Singtel) on Wednesday ruled out any impending deal to sell its Australian mobile network operation Optus following reports that talks for a potential stake divestment had ...

Posted on 03/04/2024

Bharti Hexacom IPO GMP Price Today: Issue Opens Today; Should You Buy or Not? Check Subscription Status, Other Details

The telecom operator's arm has allotted 3.37 crore equity shares to 97 funds at Rs 570 apiece. Small Cap World Fund ...

Posted on 03/04/2024

Best Fixed Deposit Rates in Singapore (Mar 2024)—Rates Up To 3.8%, Minimum Deposits From $500

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays ...

Posted on 03/04/2024

Singapore banking dynasty scion pays US$29 million for mansion amid lull in high-end property market

Grace Wee Jingsi, the youngest child of United Overseas Bank Ltd. CEO Wee Ee Cheong, is taking advantage of a lull in the city state’s high-end housing market to buy a ‘good class bungalow’, according ...

Posted on 03/04/2024

DBS Singapore Gallery 1 to close on April 8 for planned revamp

SINGAPORE - The DBS Singapore Gallery at the National Gallery Singapore (NGS) will receive a revamp in phases from April, with Gallery 1 set to close on April 8. Gallery 1 will remain closed till ...

Posted on 03/04/2024

Framework to help emitters cope with carbon tax delayed, details could take a year: Tan See Leng

SINGAPORE – A framework meant to help carbon tax-liable firms cope with the higher tax rate that kicked in from 2024 is still in the works. Read more at straitstimes.com.

Posted on 03/04/2024

‘Singapore Solution’ tax scam: Swiss executive spared jail time

Daniel Walchli, 56, pleaded guilty last year to a single count of conspiracy to defraud the US for his role in setting up a structure for American clients of Privatbank IHAG to evade scrutiny by tax ...

Posted on 03/04/2024

Singapore’s Feb exports down 0.1% y/y, below forecast

SINGAPORE: Singapore’s non-oil domestic exports fell unexpectedly by 0.1% in February from the same month a year earlier, slowing during the Lunar New Year period, official data showed on Monday. Last ...

Posted on 03/04/2024

Singapore shares dip at Wednesday’s open—STI dropped by 0.7%

SINGAPORE: Singapore shares dipped at Wednesday’s open, mirroring overnight declines on Wall Street. The decline... The post Singapore shares dip at Wednesday’s open—STI dropped by 0.7% appeared first ...

Posted on 03/04/2024

‘Preferential’ rates for local firms to defray sustainability-related costs under new DBS, Enterprise Singapore scheme

Singaporean businesses with annual sales turnover of up to $1 billion can look forward to “preferential” financing rates from DBS to defray costs from developing and adopting sustainable business ...

Posted on 03/04/2024

Singapore’s economic losses due to heat stress could nearly double to over $1.5 billion in 2035

Fall in productivity is expected to rise to 14% in 2035, leading to an economic loss of S$2.22 billion ($1.64 billion), after adjusting for inflation.

Posted on 03/04/2024

Pope Francis expected to visit Singapore in September

SINGAPORE: Singapore is in talks with the Vatican about a proposed visit by Pope Francis, which is expected to happen in September.

Posted on 03/04/2024

Singapore Urges Women to Pursue Tech Careers to Narrow Pay Gap

Singapore is encouraging more women to pursue jobs in science, technology and engineering to help bridge the gender pay gap.

Posted on 03/04/2024

Ex-property agent gets death for trafficking cannabis; judge rejects defence that drug was for research

Seet Poh Jing argued that the cannabis in his possession was for research, as he was considering business ventures, including a cafe selling cannabis, in Singapore. ( read original story ...)

Posted on 03/04/2024

Property analysts expect S$1m HDB resale transactions soon in last 4 towns yet to record such sales

Only four towns out of Singapore's 24 Housing and Development Board (HDB) towns and three estates have yet to record a resale transaction crossing S$1 million, but this could change soon, property ... ( read original story ...)

Posted on 03/04/2024

Singapore launches platform to tackle money laundering

The Monetary Authority of Singapore (MAS) has launched a centralised digital platform that lets financial institutions share customer information in order to tackle money laundering and terrorism ...

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