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Posted on 03/07/2023

Payments start-up Nium opens headquarters in S’pore, eyes IPO in 2 years

The company also said it plans to grow its Singapore headcount from 90 employees now to 300. Read more at straitstimes.com.

Posted on 03/07/2023

Singapore’s DBS faces succession dilemma: who can replace ‘all-star’ banker Piyush Gupta?

Piyush Gupta has built DBS into Singapore’s largest listed company, and Southeast Asia’s largest bank by assets. That very success is creating an elephant in the room.

Posted on 03/07/2023

Indonesian LNG makes up less than 1% of Singapore’s natural gas imports: MTI

LIQUEFIED natural gas (LNG) from Indonesia made up less than 1 per cent of Singapore’s annual natural gas imports on average between 2020 and 2022, Minister for Trade and Industry Gan Kim Yong said in ...

Posted on 03/07/2023

Singapore PM Lee retains ‘full confidence’ in ministers, says rental probe highlights firm anti-corruption stance

PM Lee says he is fully satisfied with the findings showing ministers Vivian Balakrishnan and K. Shanmugam had done nothing wrong in leasing 2 state-owned bungalows Lee reiterates the government will not compromise on honesty and integrity as Shanmugam slams 'untruths' and 'innuendos' over his tenancy Singapore's Prime Minister Lee Hsien Loong on Monday ...

Posted on 03/07/2023

Singapore Forces Crypto Exchanges to Move Cryptocurrencies to A Trust

Crypto adoption is growing in Singapore, which has emerged as a major hub for the technology. More than 40% of Singapore-based investors have bought crypto. Last month, Singapore approved a payments ...

Posted on 03/07/2023

Payments start-up Nium unveils new headquarters in S’pore, eyes IPO in 2 years

The company also said it plans to grow its Singapore headcount from 90 employees now to 300. Read more at straitstimes.com.

Posted on 03/07/2023

Singapore Ministers Defend Colonial House Rents After Outcry

The two Singapore cabinet ministers at the center of a rental probe over sprawling state-owned houses took to parliament on Monday to defend their conduct.

Posted on 03/07/2023

Standard Chartered Bank’s head of corporate affairs, brand and marketing for SG steps down

Sharon Lee, Standard Chartered Bank's head of corporate affairs, brand and marketing for Singapore, has stepped down from her position after just over two years in the role and a total of 12 years ...

Posted on 03/07/2023

StanChart Singapore launches mass-affluent miles card

Rewards points accumulated with the card do not expire. Standard Chartered Bank Singapore has unveiled the Journey Credit Card, the bank’s first mass-affluent miles card. Aimed to address both the ...

Posted on 03/07/2023

SGX: Do Analysts See High Gains or Big Pain in UOB Shares?

The movement in shares of SGX-listed United Overseas Bank (SG:U11) has been muted since its first-quarter update in late April. Despite a ...

Posted on 03/07/2023

Singapore Regulator Bans Crypto Exchanges from Lending, Staking for Retail Investors

Singapore is enforcing new crypto consumer protection measures as the city-state continues applying regulation to its burgeoning crypto industry, according to a report by Bloomberg. Chief among the ...

Posted on 03/07/2023

JTC, Singapore fuel cell maker Spectronik to start hydrogen truck trials in Q4

TRIALS of Singapore’s first hydrogen fuel cell-powered light commercial vehicle (LCV) will start in the fourth quarter of 2023, statutory board JTC and Singapore-based fuel cell manufacturer ...

Posted on 03/07/2023

Singapore’s MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End

The MAS has also restricted crypto service providers from facilitating lending and staking of tokens by their retail customers.

Posted on 03/07/2023

Singapore exploring master leases of up to 60 years for black-and-white bungalow estates

THE Singapore Land Authority (SLA) is studying the feasibility of a longer leasehold period – such as 30 or 60 years – for an entire black-and-white bungalow estate, so that a private developer can ... ( read original story ...)

Posted on 03/07/2023

Shanmugam says he rented Ridout Road property to prepare for sale of family home, not profiting from rental

Law and Home Affairs Minister K Shanmugam also said he had taken steps “to deal with any perceived or potential conflict of interest” over his rental of the black-and-white colonial bungalow. ( read original story ...)

Posted on 03/07/2023

Singapore private homes see first quarterly drop in 3 years

Cooling measures, higher interest rates take toll on private residential prices which dropped by 0.4 per cent. Read more at straitstimes.com. ( read original story ...)

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