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Posted on 09/01/2024

Lazada apologises to FDAWU over retrenchments in Singapore

"FDAWU have accepted Lazada's apology for not consulting them prior to the retrenchment exercise. Both parties have agreed to work closely together and to put workers' interests at the forefront of ...

Posted on 09/01/2024

China’s central bank hints at reserve ratio cut for lenders

Economists polled by Bloomberg in December forecast a 25-basis point cut to the reserve requirement ratio in 1Q2024.

Posted on 08/01/2024

Singapore: FinTech startup Rently announces launch, vows to reduce financial barriers for tenants

By handling a tenant's rental deposits on their behalf, Rently will not only reduce financial barriers for tenants, but also streamline the rental process, making it more accessible and convenient to ...

Posted on 08/01/2024

Most key global crypto markets tightening consumer protection rules, says report

In 2023, 80 per cent of the 21 jurisdictions moved to tighten crypto rules, and nearly half have tightened consumer protection measures, a report by blockchain analysis firm TRM Labs said. Read more ...

Posted on 08/01/2024

ST Explains: Next steps to take after getting retrenched in Singapore

SINGAPORE - The topic of lay-offs is in the spotlight again in the first week of January, as e-commerce giant Lazada reportedly retrenched workers of all stripes from Jan 3 to Jan 5. Such exercises ...

Posted on 08/01/2024

Ohmyhome and Webuy Announce Strategic Collaboration to Cross-Sell Products and Services Across Singapore

Ohmyhome to offer Webuy’s grocery, travel and other services through its expansive network of homeownersWebuy to offer Ohmyhome’s property ...

Posted on 08/01/2024

Explained | How Singapore scientists cracked the code for ‘cooler’ & more energy-efficient gadgets

Physicists at the National University of Singapore have achieved a groundbreaking advancement in 2D spintronics using graphene, potentially leading to cooler, more energy-efficient electronic devices ...

Posted on 08/01/2024

New $20m project by British and Singapore researchers to improve healthcare cyber security

It is under a newly launched innovation centre in Singapore by Imperial College London. Read more at straitstimes.com.

Posted on 08/01/2024

Singapore faces cost, investment hurdles in hydrogen push

However, the hydrogen sector is still nascent, posing significant challenges in achieving the Lion City’s target due to cost and investment woes.  Under the country’s National Hydrogen Strategy, ...

Posted on 08/01/2024

Upbit Singapore gains MPI license from MAS for crypto expansion

In a landmark move for Singapore’s digital asset sector, Upbit Singapore has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). This development, a ...

Posted on 08/01/2024

Singapore stocks end flat ahead of key markets’ inflation data

SINGAPORE - Singapore stocks finished flat on Jan 8, ahead of the week’s key inflation data out of China, Japan and the US. The Straits Times Index ended marginally higher by 2.72 points or 0.09 per ...

Posted on 08/01/2024

Unleash Culinary Creativity with Precision and Convenience: Samsung Expands Line-up of Built-in Kitchen Appliances in Singapore

Providing homeowners with more options to elevate their cooking experience with a wider range of Samsung Built-in Ovens, Induction Hobs and Hoods SINGAPORE – Media OutReach Newswire – 8 January 2024 – ...

Posted on 08/01/2024

Shell flags Q4 writedown of up to $4.5 bln, mainly on Singapore assets

Shell on Monday flagged impairment charges of about $2.5 billion to $4.5 billion for the fourth quarter, mainly related to the Singapore refining and chemicals hub the oil major is looking to sell.

Posted on 08/01/2024

Shell to take up to $4.5B impairment impact in Q4 mainly due to Singapore assets

Shell, the oil major, expects to incur a non-cash impairment charge of $2.5-$4.5 billion in Q4 due to external factors and its portfolio choices, ...

Posted on 08/01/2024

Singapore’s HDB will launch 19,600 BTO flats in 2024 and reduce number of sales exercises

HDB announced the launch of 19,600 BTO flats and will be making some changes to BTO launches in 2024. Here are the changes you can expect. ( read original story ...)

Posted on 08/01/2024

KPMG, SBF call for Budget 2024 to enhance Singapore’s tax competitiveness, promote ESG

BUDGET 2024 is a chance for Singapore to reinforce its status as a hub for business, wealth management, and sustainability-linked investments, said the Singapore Business Federation (SBF) and ...

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