Duke-NUS Medical School is developing a potential Covid-19 vaccine in partnership with U.S. pharmaceutical firm Arcturus Therapeutics. Ooi Eng Eong, a professor at the medical school, says there are ... ( read original story ...)
Singapore shuts down second bank linked to 1MDB
Monetary Authority of Singapore (MAS) orders Falcon Bank to cease operations in the city-state because of 'serious failures in anti-money-laundering (AML) controls and improper conduct' by senior mana ... ( read original story ...)
Mr. Anil Jaggia, Former CIO, HDFC Bank, joins Cloud4C – a CtrlS Company, as a Strategic Advisor
Before this, Mr. Jaggia worked for over 18 years with Citibank at Chicago, New York, Singapore, Mumbai and Kolkata. Mr. Anil Jaggia said, "I am happy to join Cloud4C as a Strategic Advisor. ( read original story ...)
Diginex launches Singapore cryptocurrency exchange
Singapore digital banking era will put focus on SMBs, consumer trust Introduction of digital banks will 'shake up' Singapore's banking industry, which is expected to have up to five new digital market ... ( read original story ...)
Singapore Names 2020 Book Award Finalists, Adds Digital Categories
Those who know Singapore understand that the culture has an unusually engaged book business for a population of 5.6 million people, close to the size of Denmark and the city of Atlanta. At times, some ... ( read original story ...)
Shares of Singapore’s top banks fall after regulator limits dividend payouts for 2020
Shares of Singapore's top three banks tumbled on Thursday after the country's financial regulator asked lenders to cap dividends this year. The Monetary Authority of Singapore on Wednesday urged local ... ( read original story ...)
Singapore’s Commercial Property Sector Still Subdued from Coronavirus Mid-Summer
Singapore property consultant Edmund Tie is reporting this week that despite a global COVID-19 outbreak, ample liquidity and a low-interest environment during the Coronavirus outbreak has continued to ... ( read original story ...)
Singapore: Unemployment could tick higher in H2 2020 – UOB
“Singapore’s unemployment rate expectedly rose to 2.9% in the second quarter of 2020, according to the provisional data by the Ministry of Manpower. This marks the highest unemployment rate over a ... ( read original story ...)
Singapore bank shares sold off after MAS call to cap dividend payouts
SINGAPORE - Investors sold off shares of DBS Group Holdings, Oversea-Chinese Banking Corp (OCBC), and United Overseas Bank (UOB) on Thursday (July 31) after Singapore's central bank asked the lenders ... ( read original story ...)
Standard Chartered takes optimistic view on bad loan charges in second half, beats analysts estimates
No one will miss a pay cheque in 2020,’ says CEO Bill Winters, as employees losing their jobs as part of the revamp will be paid through the end of the year. ( read original story ...)
Singapore fuel oil inventories steady, exports to Saudi hit fresh record
Singapore's residual fuel oil inventories were steady in the week to July 29 despite a jump in net import volumes, official data showed on Thursday. Onshore fuel oil stocks rose 87,000 barrels, or ... ( read original story ...)
Singapore-based Volopay wants to be the “Brex of Southeast Asia”
Small- to medium-sized companies that do a lot of international business have to deal with two big headaches: high foreign exchange fees and corporate expense tracking. Volopay, a Singapore-based ... ( read original story ...)
Stalled Malaysia-Singapore metro link gets fresh push as ties thaw post-Mahathir
Resumption of the US$880 million project comes as the countries’ bilateral ties have stabilised under Malaysia’s new prime minister, Muhyiddin Yassin. ( read original story ...)
Citibank SMRT Card – MoneySmart Review 2020
You might think that SMRT is the source of all your problems, but that doesn’t mean you should refuse to sign up for the Citibank SMRT Card out of spite. Its name might make it sound like a glorified ... ( read original story ...)
UPDATE 1-Australia fast-tracks ambitious $16 bln solar power export project
Australia decided this week to fast track approvals for a A$22 billion ($16 billion) project to supply solar power to Singapore via the world's longest subsea high voltage cable, a move to boost ... ( read original story ...)
Singapore’s business sentiments for next 6 months remain subdued: survey
Singapore's Economic Development Board (EDB) and Department of Statistics (DOS) on Thursday released survey reports about business expectations showing pessimistic views for the remaining year. The ... ( read original story ...)