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Posted on 28/10/2023

Singapore wants banks and telcos to bear losses if found negligent in phishing scams

Regulators have proposed a shared responsibility framework detailing who should be held responsible in the event of a phishing scam, with consumers also taking on some liability.

Posted on 28/10/2023

Singapore private home prices bounce back in third quarter with marginal increase

SINGAPORE: Private home prices inched up by 0.8 per cent in the third quarter of 2023, following a 0.2 per cent decline in the previous quarter, data released by the Urban Redevelopment Authority (URA ... ( read original story ...)

Posted on 28/10/2023

Additional Buyer’s Stamp Duty (ABSD): What Is ABSD In Singapore? What Are The Rates? (2023)

When you buy a home, you’re not just paying for that nice new flat or apartment. There are actually quite a few other things you’ll be spending thousands on, including interest payments for your home ... ( read original story ...)

Posted on 28/10/2023

Issue 72: Singapore’s LNG reality and energy imports; the JETP that won’t take off

Imported electricity plays a larger role in Singapore net zero ambitions, while Indonesia’s US$20 billion coal phase-out programme is still stuck on the ground. Read more at The Business Times.

Posted on 27/10/2023

Sheffield Green’s IPO shares fully subscribed; shares priced at 25 cents apiece

Based on the offering price, Sheffield Green’s post-offering market capitalisation is expected to be approximately $46.6 million.

Posted on 27/10/2023

ERA’s video asking ‘millionaire’ property agent about his $55k outfit and watch goes viral

What is a millionaire's outfit of the day like? For property agent Kevin Lim, it seems like branded labels from head to toe, and paired with a $40,000 watch. This was revealed by ERA Singapore on ... ( read original story ...)

Posted on 27/10/2023

Standard Chartered Names Next GC for Global Investment Banking

London-headquartered Standard Chartered currently has a presence in 57 markets. Although listed on the London and Hong Kong Stock Exchange, the bank has no branches in the U.K, and derives 90% of its ...

Posted on 27/10/2023

Standard Chartered’s third-quarter pre-tax profit falls by half to US$633 million on mounting bad loan provisions to China’s property sector

Standard Chartered reported worse-than-expected earnings for the third quarter because of high impairment charges related to exposure to China’s property sector.

Posted on 27/10/2023

OCBC customers to receive e-mails and push notifications instead of SMS for banking activities

In a push notification sent to OCBC customers on Thursday, the bank said they will no longer send SMS messages as the default method to inform customers about banking activities such as payments and ...

Posted on 27/10/2023

Singapore: Industrial Production improves in September – UOB

EUR/USD continues to trade in its tight daily range slightly below 1.0550 on Friday. The data from the US showed that the annual Core PCE inflation declined to 3.7% in September as expected, limiting ...

Posted on 27/10/2023

Jail, caning for cleaner in Singapore who stalked undergrad, rained blows on her face and raped her

After stalking a university student as she walked to a bus stop late at night, Chinnaiah Karthik pointed her in the wrong direction then punched ...

Posted on 27/10/2023

How Singapore got so good at SME banking

UOB, DBS and OCBC – have won Euromoney awards for best SME bank in Asia each year since 2016, two of them taking the global award as well. Why?

Posted on 27/10/2023

New ‘Singapore dream’ is more than just ‘material success’, No 2 leader Lawrence Wong says

Forward Singapore' feedback gathering exercise found Singaporeans were concerned about 'fulfilment, meaning, purpose', amid rising costs of living The report also featured what's seen as a tenet of ...

Posted on 27/10/2023

Singapore shares decline despite regional rally, STI falls 0.3%

At the bottom of the table was Singapore Airlines, which shed 2.4 per cent, or $0.15, to $6.06. The trio of local banks was in the red on Friday. UOB shed 0.9 per cent, or $0.25, to $27.03, while OCBC ...

Posted on 27/10/2023

The Singapore Dream no longer the ‘5Cs’ but leading purposeful lives, says DPM Wong

SINGAPORE: The "Singapore Dream" is no longer solely about material success – it now encompasses fulfilment, meaning and purpose in people’s lives, said Deputy Prime Minister Lawrence Wong on Friday ...

Posted on 27/10/2023

Opportune time to accumulate high-quality Singapore blue chips: OCBC

As such, she believes that the current weakness is an opportune time to accumulate high-quality Singapore blue chips for investors with a long-term investment timeframe. These investors can enjoy a ...

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