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Posted on 20/01/2023

Property agent who created fake listing of semi-detached house as marketing tactic fined $5,000

Terrence Lin had created the fake listing to gauge the response of potential buyers and lied to CEA when questioned. Read more at straitstimes.com. ( read original story ...)

Posted on 20/01/2023

Hong Kong’s Dah Sing Bank strikes bancassurance deal with Canada’s Sun Life

Hong Kong's Dah Sing Bank and a subsidiary of Canada's Sun Life Financial Inc have struck a 15-year bancassurance partnership deal in Hong Kong."Sun Life will pay an amount of HK$1.5 billion ($191.5 ...

Posted on 20/01/2023

Canada’s Sun Life clinches $192 million bancassurance deal with Dah Sing Bank

Sun Life Financial Inc has struck a 15-year bancassurance partnership in Hong Kong with Dah Sing Bank, a move that is likely to boost the Canadian insurer's presence in the special administrative ...

Posted on 20/01/2023

Singapore’s Zilingo to Liquidate After Crisis at Fashion Startup

Zilingo Pte is set to enter liquidation, capping a months-long crisis that shocked Asia’s technology and startup industries.Most Read from BloombergMore Young Americans Are Dying, But Not From ...

Posted on 20/01/2023

IMDA investigating Gorilla Mobile for ceasing service without approval

THE authorities are investigating virtual telco Gorilla Mobile Singapore for not seeking approval to stop its mobile service, as is required under the licence conditions. Read more at The Business ...

Posted on 20/01/2023

SPH Media saga: Audit committee, legal advisers brought in to further investigate inflated circulation data

"Of particular concern" was how 49,000 average daily copies were recorded as circulation numbers but not distributed, says SPH Media in a statement.

Posted on 20/01/2023

SPH Media asks its audit and risk committee to investigate overstated circulation numbers

SPH Media Holdings Board has tasked its Audit and Risk Committee to investigate the misrepresented circulation figures revealed via its internal review more fully, and consider what further steps, if ...

Posted on 20/01/2023

SPH Media Trust roping in legal advisers to investigate inflated circulation numbers ‘more fully’

SINGAPORE — SPH Media Trust (SMT), a non-for-profit firm that owns the Straits Times and Lianhe Zaobao, said it has tasked its audit and risk committee to investigate its inflated circulation issues ...

Posted on 20/01/2023

Singapore dollar hits two-year high against US currency but upside seen limited

Building upon its resilience last year to a surging US dollar, the Singapore dollar has rallied in 2023 to hit its highest level in about two years.

Posted on 20/01/2023

SPH Media to investigate circulation issue more fully

SPH Media Trust (SMT) will reassess its methodology for reporting of circulation data after an internal review found that circulation data had been overstated, the company said in a statement on ...

Posted on 20/01/2023

Factbox: FACTBOX The many companies in Digital Currency Group’s crypto empire

U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after one of its companies, Genesis, froze customer withdrawals in November.

Posted on 20/01/2023

Crypto lending unit of Genesis files for US bankruptcy

The lending unit of crypto firm Genesis filed on Thursday for US bankruptcy protection from creditors, toppled by a market rout along with the likes of exchange FTX and lender BlockFi.

Posted on 20/01/2023

Tech billionaire’s loan to keep solar export dream to Singapore alive

The billionaires, both investors in the company, are at odds over whether to use clean electricity from a planned giant solar project in Australia for local use, or to export it to Singapore. Sun ...

Posted on 20/01/2023

IMDA investigating virtual telco Gorilla Mobile for not seeking approval before ceasing service

SINGAPORE: The Infocomm Media Development Authority (IMDA) is investigating virtual telco Gorilla Mobile for failing to seek the authority's approval before ceasing its mobile service, as required ...

Posted on 20/01/2023

Tech Billionaire’s Loan to Keep Singapore Solar Dream Alive

Billionaire Mike Cannon-Brookes’ Grok Ventures will provide a A$65 million ($45 million) loan to keep collapsed renewable energy startup Sun Cable operational while administrators seek a buyer.

Posted on 20/01/2023

Volume of Chinese travelers to Singapore won’t fully recover in 2023: Singapore Tourism Board

Keith Tan of the Singapore Tourism Board says it expects a full recovery across all markets by sometime in 2024.

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