The Monetary Authority of Singapore (MAS) is considering the introduction of additional consumer protection safeguards on cryptocurrencies, the country’s Minister in charge of MAS Tharman ... ( read original story ...)
Additional duties on property transfers into trusts are not meant to be wealth taxes: Chee Hong Tat
SINGAPORE - Additional duties on property transfers and stake transfers in property holding entities to nameless living trusts are not meant to be wealth taxes but are instead part of market cooling ... ( read original story ...)
Singapore Office Rents Set to Surpass Pre-Pandemic Peak: Is It Time to Buy Commercial REITs?
Commercial property rental rates are heading up. Is it a great time to snap up REITs that own Singapore commercial properties? The post Singapore Office Rents Set to Surpass Pre-Pandemic Peak: Is It ... ( read original story ...)
8 digital banking service interruptions at 4 banks since July 2021: Tharman
SINGAPORE: There have been eight digital banking service interruptions at four major banks in Singapore since July 2021, said Senior Minister Tharman Shanmugaratnam on Tuesday (Jul 5). The incidents ... ( read original story ...)
Eight disruptions to digital banking services of 4 major banks since July 2021: Tharman
The incidents, reported by DBS, OCBC, UOB and Citibank, affected between 500 and 37,000 customers. Read more at straitstimes.com. ( read original story ...)
Singapore records 12,784 new COVID cases, hospital visit measures tightened
Singapore on Tuesday (5 July) reported 12,784 new COVID-19 cases, the highest in a day in over three months. The number surpassed last Tuesday's 11,504 cases, which had been the highest daily ... ( read original story ...)
BeerCo, Ant Group: Asia’s biggest IPOs to watch for the second half
IPOs in Asia fared better than in regions such as Europe and the US, with large deals in China and South Korea helping listings here account for almost 60% of global volumes, data compiled by ... ( read original story ...)
Best Fixed Deposit Rates in Singapore (July 2022) — DBS, UOB, OCBC & More
Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don't need to do anything to earn this interest, just park ... ( read original story ...)
Rivulis Announces a US$250 Million Financing Package led by HSBC with Leading Global Financial Institutions
Rivulis Pte. Ltd. ("Rivulis") announced today that it has signed definitive agreements with 5 banks for the financing of its current and future debt for an amount of up to US$250,000,000. The ... ( read original story ...)
Lift ban on chicken exports to Singapore before it is too late, Malaysian breeders tell government
Malaysia’s poultry industry players have urged the government to lift the chicken export ban, or they will lose out on the Singapore market. They also stresse ... ( read original story ...)
Crypto friendly Singapore mulls tougher restrictions amid meltdown
The Singapore government is planning to introduce additional tough measures to safeguard consumers from crypto meltdown, including restrictions on retail trading ... ( read original story ...)
Singapore airlines boosts global flights after surge in demand
Singapore Airlines Ltd plans to increase services to destinations all across the world, as the group expects to operate at 81% capacity of pre-pandemic levels by the end of the year. ( read original story ...)
Strengthen Singapore dollar, raise CPF interest rates temporarily to address rising cost of living: WP’s Jamus Lim
SINGAPORE: With rising prices shaping up to be “a cost-of-living crisis”, the Government can do more in terms of macroeconomic policy such as by allowing a stronger Singapore dollar or having a ... ( read original story ...)
Singapore’s Finance Regulator Mulls ‘Limits on Retail Participation’ in Crypto
Amid a string of recent bearish events in the crypto space, Singapore's financial watchdog is considering new safeguards to protect consumers. ( read original story ...)
Singapore Airlines expects to inch closer to pre-pandemic capacity by 2022-end
Singapore Airlines Ltd (SIA) said it expects passenger capacity to reach about 81% of pre-pandemic levels by December as flyers rush to the skies after the easing of COVID-19 curbs. ( read original story ...)
Current COVID-19 Wave In Singapore Not As Severe As Omicron Wave: Health Minister Ong Ye Kung
The ongoing COVID-19 wave in Singapore will not be as severe as the one driven by the Omicron variant that hit the country earlier this year, health minister Ong Ye Kung said on Tuesday. ( read original story ...)