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Posted on 28/10/2023

Singapore votes in favour of UN resolution to protect civilians, uphold humanitarian obligations in Gaza Strip

SINGAPORE: Singapore voted in favour of a resolution to protect civilians and uphold legal and humanitarian obligations amid conflict in the Gaza Strip during an em ...

Posted on 28/10/2023

The Big Read: With no foolproof way to prevent banking and e-payment services outages, what can businesses and consumers do?

A long-awaited date with her national serviceman boyfriend for Nazrana Shaheen ended up being cut short, no thanks to a banking services disruption by ...

Posted on 28/10/2023

OCBC customers to receive e-mails and push notifications instead of SMSes 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 28/10/2023

Top Stock Market Highlights of the Week: Singapore’s Core Inflation, Tourist Arrivals and 6-Month Treasury Bill

Welcome to this week’s edition of top stock market highlights. There is more good news for consumers who have had to endure the rising prices of goods and services. Singapore’s core inflation for ...

Posted on 28/10/2023

Car dealer used almost S$264,000 in customers’ down payments to invest in China, gets jail

Wong Sang Keng invested S$200,000 in a wine business in China but lost it all when foreign authorities seized the alcohol.

Posted on 28/10/2023

Announcing Elapath Energy’s $200 Million Mandate for Solar Innovations in Singapore, Facilitated by Ratsamy Consulting

In a landmark move for the renewable energy landscape, Elapath Energy, a globally renowned solar panel installation and manufacturing leader, has secured a significant contract worth $200,000,000.

Posted on 28/10/2023

Singaporean company to import renewal energy from Vietnam

Singapore’s Energy Market Authority (EMA) on October 27 granted conditional approval to Sembcorp Utilities Pte Ltd (SCU) – a wholly-owned subsidiary of Sembcorp Industries (Sembcorp) to import wind ...

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 ...

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