Gainers outnumbered losers 289 to 216, after 1.2 billion securities worth a collective $970.8 million changed hands. Read more at straitstimes.com.
Singapore’s MAS wants to increase deposit insurance coverage to S$100,000/pax
"MAS’ proposals are not in response to the stresses faced by some banks abroad earlier in the year. The key to ensuring a safe and resilient banking system is through pre-emptive safeguards, meaning ...
Jewel Changi Airport and UOB partner to incentivise tourist spend
Jewel Changi Airport (Jewel) and UOB (United Overseas Bank) have partnered to drive value, incentivise and grow spend among inbound tourists, especially from ASEAN, and local residents at Jewel.
Brokers’ Take: DBS downgrades HRnetGroup to ‘hold’ as labour market softens
DBS Group Research on Wednesday (Jun 28) downgraded HRnetGroup to “hold” from “buy” as it expects softness in the Singapore and China’s economies to hit the labour markets. Read more at The Business ...
DBS downgrades HRnetGroup, sharing similar concerns as CGS-CIMB’s earlier call
Andy Sim of DBS Group Research has downgraded his call on HRnetGroup from "buy" to "hold", citing concerns that a slowing economy will dampen the recruitment firm's business in its key markets of ...
Singapore stocks end Wednesday higher; STI inches up 0.1%
LOCAL shares ended Wednesday (Jun 28) on a slightly more upbeat note alongside most other market indices in South-east Asia, as investors scoured capital markets for opportunities. Read more at The ...
Lexus to join Singapore taxi fleet
First time for Toyota-owned nameplate here; and second luxury brand following Mercedes-Benz in mid-1990s Read more at straitstimes.com.
Singapore jails Indonesian who filmed himself having sex with 76 women without their consent
Johan Wijaya, a 32-year-old permanent resident of the city state, used a video camera hidden inside a power-bank charger to film his victims. Police found 336 voyeuristic videos on his laptop.
Singapore Clears Ministers Over Rental of Colonial Bungalows
A Singapore government review into colonial bungalows rented by two ministers found no evidence of corruption or criminal wrongdoing after the opposition questioned whether the officials were paying ...
Creador acquires 40% stake in the IPO-hopeful M’sian company behind ProDiet & ProBalance
The news comes months after Reuters reported on Pet World’s plans of an IPO in Singapore to raise S$100 million as early as the end of this year. Other than Pet World, Creador-backed Eco-Shop also ...
Singapore seeks views on financing standards for early phase-out of coal in Asia
SINGAPORE - The Republic is seeking public views on standards for financing a speedy but less disruptive phase-out of coal-fired power plants in Asia. The public consultation launched on Wednesday by ...
Standard Chartered Bank appoints Singapore-based global sustainability strategy chief
Former Credit Suisse sustainable finance executive Dana Barsky joins Standard Chartered Bank as its global head of sustainability strategy and net zero with a mandate to embed the bank's new emissions ...
Why the UN Should Regulate Singapore’s Dangerous Sand Imports
For nations like Malaysia and Indonesia, the profit that can be made selling off a precious natural resource is often too great to resist.
Malaysia seizes 18 tonnes of rice worth nearly $29k smuggled from Singapore at Johor checkpoint
The driver did not have the correct documents to import the rice, authorities said. Read more at straitstimes.com.
Singapore AI-Powered AR Wearable Startup Scores $3 Million From Oculus And Siri Cofounders
Brilliant Labs, a Singapore-based startup that develops augmented-reality wearables powered by ChatGPT, raised more than $3 million in seed round from investors including cofounders of some of Silicon ...
NTU Singapore and Panasonic develop multi-material printer to 3D print flexible smart devices quickly
Panasonic Factory Solutions Asia Pacific Pte. Ltd. (Panasonic), and Singapore Centre for 3D Printing (SC3DP) have developed a new multi-material printer using multi-wavelength high-power lasers, for ...