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Posted on 31/03/2023

Boost from China reopening may skirt Singapore’s technical recession: analyst

Maybank said the possibility of a recession went up 30% from 22% in March 2008. Despite slowing global growth, Singapore may still dodge a technical recession with support from China’s economic ...

Posted on 31/03/2023

Commentary: Are we ready for a cashless Singapore? Lessons from DBS’ digital banking outage

SINGAPORE: People were up in arms when DBS digital banking services, including PayLah! and digibank Mobile and Online, were disrupted for hours on Wednesday (Mar 29). This happened days after PayLah!

Posted on 31/03/2023

Commentary: DBS service outage shows the difficulty of being a truly cashless society

SINGAPORE: People were up in arms when DBS digital banking services, including PayLah! and digibank Mobile and Online, were disrupted for hours on Wednesday (Mar 29). This happened days after PayLah!

Posted on 31/03/2023

Singapore Technologies Engineering (SGGKF) Gets a Buy from CGS-CIMB

Singapore Technologies Engineering Ltd. is a holding company, which provides engineering and related services. It operates through the following segments: Aerospace, Electronics, Land Systems, Marine, ...

Posted on 31/03/2023

What hinders Singapore companies from entering the metaverse?

with 68% of Singapore executives saying it’s costly to develop metaverse experiences. In other markets, the main barrier is proper technology. “Singapore is well-poised to capture the opportunities ...

Posted on 31/03/2023

Singapore bank faces regulatory action over ‘unacceptable’ digital service outage

Singapore in recent years has implemented tighter guidelines for the financial sector, as part of efforts to boost the cyber resilience of the country's critical information infrastructures. These ...

Posted on 31/03/2023

Jail for former sales officer who worked with syndicate and cheated bank of over $127k

SINGAPORE - A direct sales officer at Citibank worked together with a syndicate to dupe the bank into giving over $127,000 in loans to eight applicants who submitted items including fake income ...

Posted on 31/03/2023

Crypto Exchange Zipmex’s Restructuring Plan Approved by Singapore Court

Thai crypto exchange Zipmex's scheme of arrangement, or restructuring plan, has been approved by the Singapore High Court, paving the way for customers to get their deposits back. The court approved ...

Posted on 31/03/2023

Matt Damon Says He Did That Dumb Crypto.com Ad Because His Water Nonprofit Was ‘Down’

Both ads were part of the exchange’s reported $100 million global marketing scheme. The year the Singapore-based Crypto.com aired the commercial it was sitting pretty at a time crypto was still ...

Posted on 30/03/2023

Singapore stocks end winning streak on Thursday; STI down 0.2%

SINGAPORE - Local shares stumbled on Thursday, ending the Straits Times Index’s (STI) solid run – three consecutive days of advances – this week. Read more at straitstimes.com.

Posted on 30/03/2023

ASEAN, East Asia finance officials seek easier access to $240 billion liquidity fund

FILE PHOTO: A woman passes ASEAN Summit flags at Suntec Convention Centre in Singapore, November 11, 2018. REUTERS/Edgar Su (Reuters) -Nine people were killed in a crash of two U.S. Army Black Hawk ...

Posted on 30/03/2023

UOB Kay Hian Reaffirms Their Buy Rating on Sembcorp Marine (SMBMF)

UOB Kay Hian analyst Adrian Loh maintained a Buy rating on ... The company was founded on April 25, 1963 and is headquartered in Singapore. Read More on SMBMF: SHARE THIS POST Sembcorp Marine NewsMORE ...

Posted on 30/03/2023

‘Shouldn’t happen so often’: DBS outage inconveniences some customers, upsets others

SINGAPORE: When his PayNow transaction for S$1,500 at a clothing shop didn't go through on Wednesday afternoon (Mar 29), Mr Shankar Rajan thought nothing of it. He tried again, and again; after ...

Posted on 30/03/2023

Man Utd fans would be ‘backbone’ of Singapore PR Zilliacus’ proposed takeover

LONDON: Thomas Zilliacus said in an interview published on Thursday (Mar 30) that Manchester United supporters would be at the centre of his proposed takeover of the Premier League club, with a say on ...

Posted on 30/03/2023

Shell puts a stop to Singapore biofuels, base oil projects

SINGAPORE, March 30 (Reuters) - Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore, a company spokesperson said on Thursday. "We can ...

Posted on 30/03/2023

Jail for ex-direct sales officer who worked with syndicate that cheated bank of over $127k

SINGAPORE - A direct sales officer at Citibank worked together with a syndicate to dupe the bank into giving over $127,000 in loans to eight applicants who submitted items including fake income ...

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