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Posted on 12/01/2023

Singapore fuel oil stocks dip despite fourth weekly rise in net imports

Residual fuel oil stocks at key trading hub Singapore dropped 2% from the previous week to hit a four-week low despite net imports rising for a fourth consecutive week, official data showed on ...

Posted on 12/01/2023

Aussie billionaire urges overhaul of collapsed mega project to send solar power to Singapore

The A$30 billion project collapsed after Iron ore magnate Andrew Forrest split with another billionaire over funding plans. Read more at straitstimes.com.

Posted on 12/01/2023

Molecular Group announce the establishment of its new investment company XMG Capital in Singapore

Chainwire Molecular Group, a leading investment firm based in Hong Kong, is pleased to announce the establishment of its new investment company, XMG Capital. Located in Singapore, a hub for the ...

Posted on 12/01/2023

Jail for man linked to scam where retiree’s life savings of $1m were transferred to other bank accounts

Dickson Jong recruited a man whose bank account was used to receive about $250,000 of the victim’s money. Read more at straitstimes.com.

Posted on 12/01/2023

Eastspring names deputy regional CEO for Asia

Eastspring Investments, Prudential’s asset management business, has appointed Faizal Gaffoor as deputy regional chief executive officer and head of products and partnerships in Asia.

Posted on 12/01/2023

Jail for man linked to case where elderly woman was scammed of S$1 million in CPF savings

SINGAPORE: A man linked to the case of a 75-year-old retiree who lost S$1 million from her Central Provident Fund in life savings was sentenced on Thursday (Jan 12). Dickson Jong Chee Siang, 29, was ...

Posted on 12/01/2023

“Uncle cut queue at OCBC bank, staff did nothing to deescalate situation” — Netizens react when customer confronts uncle

A video of an uncle cutting a queue at a bank and staff allegedly doing nothing about it has gotten many Singaporeans talking online. Many have called out his inconsiderate behaviour. On Tuesday (Jan ...

Posted on 12/01/2023

CNY Ang Bao Rates in Singapore (2023) – Everything You Need to Know

Is this Chinese New Year going to be your first time giving out ang baos (red packets) as a newlywed couple? You might have some questions. What are the market rates for giving ang baos? Must I give ...

Posted on 12/01/2023

No setback for Singapore’s plans to import clean energy as sun sets on Sun Cable: EMA

THE surprise collapse of Sun Cable, a company that has been in talks with Singapore for the past two years to supply solar power via potentially the world’s longest submarine cable from Down Under, ...

Posted on 12/01/2023

Singapore was never entirely convinced by Sun Cable

Sun Cable had an ambitious plan to send solar power from Darwin to Singapore via under-sea cables. But one piece of the puzzle was missing - interest from the Singaporean government.

Posted on 12/01/2023

Singapore’s framework for companies to ‘do good’ shifts from corporate giving to corporate purpose

SINGAPORE’S National Volunteer & Philanthropy Centre (NVPC) has updated its framework on how businesses can “do good” – with the spotlight now on corporate purpose instead of corporate giving. Read ...

Posted on 12/01/2023

Saudi Arabia, Singapore Funds Plow $966 Million Into Korea’s Kakao Entertainment

Riding high in global TV, music and film, the Korean entertainment industry is poised for another hefty injection of capital. Kakao Entertainment, which stretches across K-pop, webtoons and online ...

Posted on 12/01/2023

Singapore: Execution Spree Raises Rights Concerns

Singapore’s government resumed executions and pressured activists and lawyers handling death row cases in 2022.

Posted on 12/01/2023

Saudi and Singapore Wealth Funds Join $930 Million Pre-IPO Bet on Anime Giant

Kakao Entertainment Corp. has won $930 million from the sovereign wealth funds of Saudi Arabia and Singapore, securing one of the country’s largest financing rounds at a time global investors shy away ...

Posted on 12/01/2023

Time to upgrade your mobile device: Up to 60% off on Lazada Singapore

Some of the featured brands include Apple, Samsung, Xiaomi and Google. Even the latest iPhone 14 series and the Samsung Galaxy Z Fold4 and Flip4 are on sale.

Posted on 12/01/2023

Singapore health tech startup Holmusk raises $45m

Nasdaq-listed health technology firm Veradigm on Wednesday announced a strategic investment in Singapore- and New York-headquartered data analytics startup Holmusk. Veradigm (formerly Allscripts ...

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