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Posted on 03/07/2023

Over $500k SLA spent on 26 Ridout Rd was for ‘structural items’ and making property ‘habitable’: Edwin Tong

The cost incurred by the Singapore Land Authority (SLA) for the improvement and maintenance works for 26 Ridout Road was to ensure the property was habitable, said Second Minister for Law Edwin Tong ... ( read original story ...)

Posted on 03/07/2023

Singapore banks foster growth, boost employee well-being

In terms of tally count, the top five banks in order would have started with OCBC, DBS Bank, UOB, Citi Singapore, and Standard Chartered. However, in the case of Citi Singapore and Standard Chartered, ...

Posted on 03/07/2023

Singapore to have new measures to ringfence customers’ crypto assets: MAS

Digital asset firms licensed in Singapore not only have to segregate customers’ assets from their own, but hold them in a trust, the regulator said, following a public consultation on proposed rules ...

Posted on 03/07/2023

Singapore’s OCBC expects to deliver $2.2 billion in extra revenue by 2025

OCBC said its expectation was an outcome of unifying its brand across its core markets of China and Southeast Asia to capture the growth opportunity there.

Posted on 03/07/2023

Singapore Supermarkets Start Charging for Plastic Bags

Beginning Monday, around 400 outlets — or two-thirds of all supermarkets in Singapore — are required to charge shoppers at least S$0.05 ($0.04) for each disposable bag. The fee applies to bags of any ...

Posted on 03/07/2023

IBM Study: Technology Modernization Jumps to the Top of their Agendas as Singapore and Global CEOs Look to Embrace Generative AI

Institute for Business Value found that over half of Singapore CEOs surveyed identify technology modernization as their highest business priority. Customer experience remains key to achieving their ...

Posted on 03/07/2023

Singapore’s bank OCBC to deliver $2.2 bln extra revenue by 2025

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it expects to deliver an additional revenue of S$3 billion ($2.22 billion) by 2025, after it posted a record ...

Posted on 03/07/2023

Singapore’s bank OCBC to deliver $2.2 billion extra revenue by 2025

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it expects to deliver an additional revenue of S$3 billion ($2.22 billion) by 2025, after it posted a record first-quarter profit in May.

Posted on 03/07/2023

Singapore sees highest number of suicide deaths since 2000, with 478 cases in 2022

Singapore reported 476 suicides in 2022, a 25.9 per cent rise from 2021 and the highest recorded suicide deaths since 2000, said the Samaritans of Singapore.

Posted on 03/07/2023

Long work hours and poor work-life balance threaten health of Singapore’s young professionals

Long work hours among young adults hinder healthy behaviors, impacting population health. Understanding these barriers is crucial for targeted health promotion efforts.

Posted on 03/07/2023

Singapore’s monetary authority appoints new chairman

The Monetary Authority of Singapore (MAS) announced on Monday that Deputy Prime Minister and Minister for Finance Lawrence Wong will be appointed chairman of the MAS Board of Directors effective Saturday.

Posted on 03/07/2023

Singapore names Deputy Prime Minister Lawrence Wong as chairman of the central bank

The Monetary Authority of Singapore named Deputy Prime Minister Lawrence Wong as Chairman of its Board of Directors effective July 8. ( read original story ...)

Posted on 03/07/2023

Singapore home prices ease slightly for first time since pandemic began – as public housing posts more gains

Private property values slid 0.4 per cent in the second quarter of this year – the first decline since the outbreak of the pandemic. Resale prices for public housing, meanwhile, recorded their 13th ... ( read original story ...)

Posted on 03/07/2023

Singapore names Lawrence Wong as chairman of the central bank

The Monetary Authority of Singapore named the country's deputy prime minister and finance minister Lawrence Wong as chairman of its board of directors until 2026. Singapore's Minister for Trade and ...

Posted on 03/07/2023

Citi ULTIMA Partners the MICHELIN Guide Singapore for a Second Year Running to Offer Premium Dining Experiences to its Cardmembers

Citi ULT/MA is the MICHELIN Guide Singapore's official bank partner; Cardmembers can look forward to a series of exclusive chef-curated dinners by local MICHELIN ...

Posted on 03/07/2023

Singapore’s star banker Piyush Gupta creates succession dilemma for DBS

Singapore’s gross domestic product per capita ... One early decision was to beef up transaction banking, a combination of cash management and trade finance that Gupta knew well from his time at Citi.

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