Read to find out more about them. Buyer's Stamp Duty (BSD) is a tax of up to 6% incurred upon buying property in Singapore. This article will help you understand the latest BSD rates, when you need to ... ( read original story ...)
Money laundering: Scammers set up companies and bank accounts in S’pore remotely during Covid-19
On Nov 2, American company Examinetics, Inc fell victim to a similar ruse and transferred almost US$350,000 to Zheng Yan’s USD account. Police in Singapore was able to seize US$ 250,403.01 in Zheng ...
Singapore factory output slumps 12.1% in August, worse than expected
The key electronics industry was the worst performer with production plunging 20 per cent year on year. Read more at straitstimes.com.
Singapore blows up 100kg WWII-era bomb after thousands evacuated
Singapore army specialists on Tuesday detonated a 100-kilogram (220-pound) World War II-era bomb found at a construction site, causing a thunderous boom in the city-state after authorities had evacuated thousands of residents.
Singapore’s factory output dragged by electronics weakness, down 12.1%
SINGAPORE’S factory output fell 12.1 per cent year on year in August, contracting at a faster rate than in July, as the sector was dragged down by a large decline in electronics output. Read more at ...
Brilliance Group plans Nasdaq IPO for its Singapore-based subsidiary
Cayman Islands-based Brilliance Group has filed an initial public offering (IPO) with the Securities and Exchange Commission on Monday, planning to list its primary operational subsidiary, KHIW, on ...
Singapore Aug Manufacturing Output Dives 12% Y/y, More Than Expected
Economists had expected a 3.1% year-on-year contraction in August, according to a Reuters poll. On a month-on-month and seasonally adjusted basis, industrial production fell 10.5% in August, missing ...
Standard Chartered boosts cash management offering with multibank connectivity service
It offers real-time visibility, access, and control of cash holdings to companies. Standard Chartered has teamed up with Singapore-headquartered fintech Starfish Digital to introduce a multibank ...
Singapore to impose higher capital requirements on too-big-to-fail insurers
FROM next year, four insurers in Singapore will face a 25 per cent capital add-on to increase their higher and lower supervisory intervention levels, as well as Common Equity Tier 1 and Tier 1 capital ...
UOB introduces new security features on banking app to protect customers
The 2 new security features on its UOB TMRW banking app are aimed at protecting customers against malware-enabled scams. Read more at straitstimes.com.
DBS latest bank to roll out anti-scam measures, after OCBC and Citi
DBS is the latest bank to do so after OCBC and Citi announced their anti-scam measures in the last couple of weeks, following cases of malware scams targeting users of Android devices.
DBS, UOB become latest banks to restrict access if unverified apps are found on customers’ phones
Both local banks said their new anti-malware security measures do not monitor phone activities, collect or store personal data.
3 reasons why demand for Singapore’s prime freehold strata offices should endure
Singapore’s growing pool of family offices and UHNWIs is one. According to JLL, the fast sell-out at record prices of all 15 strata-office floors in the newly launched freehold project, Solitaire on ...
Grab discontinues investment offerings AutoInvest and Earn+, says business not commercially viable in long run
As we will no longer be investing to scale GrabInvest, we have concluded that the business will not be commercially viable in the long run,” a Grab spokesperson tells CNA.
Singapore learners’s demand growing in AI skills and STEM education: study
AI and machine learning developments are in demand for learners. With about 900,000 Singaporean learners on Coursera, their strengths are mostly in business skills such as finance (94%), human ...
Technology in rehabilitation | Video
As the demand for rehabilitation services grows, technology will have a much greater role to play, says Singapore Deputy Prime Minister Heng Swee Keat. This is especially so in ageing societies and ...