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Posted on 06/07/2023

17 firms penalised in last five years for breaking laws on money laundering and terrorism financing

Of the 17 firms taken to task by MAS, one had its licence revoked, 14 were fined and two were issued reprimands. Read more at straitstimes.com.

Posted on 06/07/2023

Amazon Prime Day Returns on 11 and 12 July with Thousands of Real Deals and Exclusive Launches in Singapore

Only on Amazon.sg, shoppers will have exclusive access to Hasbro’s new extensive lineup of products across its key brands such as NERF, Play-Doh, Monopoly, and Transformers.

Posted on 06/07/2023

GSTV 2023 payouts: Eligible Singaporeans to receive up to S$700 in August

Around 1.5mn Singaporeans will receive up to a total of S$700 in cash in August 2023 from the enhanced GSTV – Cash scheme. With this, eligible Singaporeans will get up to S$300 more from the GSTV – ...

Posted on 06/07/2023

Singapore’s fight against inflation still on, growth outlook uncertain

Singapore’s central bank warned on Wednesday of weak near-term growth for one of Asia’s top financial hubs and said its fight against rising prices was not yet over, even as it lowered its 2023 ...

Posted on 06/07/2023

Cyber Youth Singapore Concludes Successful CYSummit 2023, Empowering the Next Generation of Tech Leaders

This momentous occasion brought together industry leaders, government representatives, and talented youths to foster collaboration, innovation, and growth.

Posted on 05/07/2023

UOB pre-sale tickets for Taylor Swift sell out within 3 hours; over 1 million queue numbers issued

Fans who received an access code from Ticketmaster can still buy tickets during the general sale on Friday at noon. Read more at straitstimes.com.

Posted on 05/07/2023

DBS digital banking disruption in May due to ‘human error’, preliminary probe finds

File photo of people queuing inside the DBS bank branch in Singapore on Apr 2, 2012. (Photo: AFP/Roslan Rahman) SINGAPORE: The disruption to DBS' digital banking services on May 5, 2023 was caused by ...

Posted on 05/07/2023

Singapore Bank DBS launches innovative e-CNY payment solution for customers

DBS, the renowned Singaporean bank, announced today a groundbreaking development that allows its customers to accept payments in e-CNY, the digital currency issued by the Chinese central bank. In a ...

Posted on 05/07/2023

Singapore’s DBS launches e-CNY solution for China

Singapore-based DBS bank has introduced a “merchant collection solution” using e-CNY – China’s central bank digital currency – to allow corporate clients of DBS China to collect payments from their ...

Posted on 05/07/2023

Singapore DBS Bank Launches e-CNY Settlement Platform

Singapore's DBS Bank launches an e-CNY collection platform for business clients, boosting its digital currency adoption and supporting automated settlements.

Posted on 05/07/2023

Nearly 100 More Singapore-Based Entities Found to Have Supplied Myanmar Military

A total of 138 entities based in the city state have so far been linked to the import of military-related materials by the junta, Singapore’s foreign minister said.

Posted on 05/07/2023

Billionaire Wee Cho Yaw’s UOL To Sell Singapore Hotel For $389 Million To Tycoon Choo Chong Ngen

Pan Pacific Hotels Group is selling one of its hotels in Singapore to Midtown Properties, a company owned by tycoon Choo Chong Ngen, founder of the Hotel 81 budget hotel chain, for S$525 million ($389 million).

Posted on 05/07/2023

Singapore Bank DBS Starts e-CNY Collection Platform

The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.

Posted on 05/07/2023

Singapore bank DBS allows e-CNY settlements

According to a Wednesday announcement, clients of the Singaporean bank DBS can now receive payments in e-CNY, the digital currency issued by the Chinese central bank.

Posted on 05/07/2023

Singapore Central Bank Sees Record Net Loss On Inflation Fight

Singapore's central bank said Wednesday it suffered a record annual net loss of US$23 billion in the most recent financial year as it tightened monetary policy to battle soaring inflation, and it ...

Posted on 05/07/2023

Singapore stocks close lower as weak economic data weighs on sentiment; STI down 0.6%

The lack of leads from Wall Street overnight coupled with weak economic data from Singapore and China sent investors into a defensive mood on Wednesday. The wary sentiment left the Straits Times Index ...

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