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Posted on 04/08/2022

Singapore-based Bitcoin miner scales back Kazakhstan project

Concerns over power supply and cost uncertainties have prompted Singapore-based Bitcoin miner SAI.TECH (SAI) to terminate the remainder of its expansion plans in Kazakhstan, the Nasdaq-listed company ... ( read original story ...)

Posted on 04/08/2022

Singapore’s Star Stock Needs Renewables Push to Keep Going

This year’s surge in energy prices has taken Sembcorp Industries Ltd.’s shares close to their peak, but any further outperformance hinges on its push for a clean-energy portfolio. ( read original story ...)

Posted on 04/08/2022

Here Are All The Licensed Crypto Services Providers in Singapore

Data from MAS’ Financial Institutions Directory show that, as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institution, and 175 Major Payment Institution licenses had been issued. Of ... ( read original story ...)

Posted on 04/08/2022

M1 Singapore Redefines Communication within Families with New Bespoke Family Sharing Mobile Data Plan

M1 makes great strides with its constant delivery of top-notch services that elevate the network experiences of its customers in Singapore. Given the rise in digital literacy and the ever-growing ... ( read original story ...)

Posted on 04/08/2022

Singapore’s oldest prisoner is 90 – can a person be too old to be sent to jail?

The facility has amenities such as beds, handrails and seated toilets, and it is home to Singapore's oldest prisoner - a 90-year-old man. Join ST's Telegram channel and get the latest breaking news ... ( read original story ...)

Posted on 04/08/2022

Singapore offers up to S$2.4 billion of 50-year sovereign green bonds in inaugural offering

SINGAPORE: Singapore will be offering between S$1.9 billion and S$2.4 billion of 50-year sovereign green bonds, according to a public notice put out by (MAS) on Thursday (Aug 4). Called the Green ... ( read original story ...)

Posted on 04/08/2022

Danga Bay condo legal wrangle: Developer wants property manager tender reopened, tribunal says not within its powers

Property developer Country Garden Danga Bay's claim against five Singapore members of a condominium management committee began on Thursday (Aug 4) at the Strata Management Tribunal in Johor Bahru, wit ... ( read original story ...)

Posted on 04/08/2022

Singapore joins green finance wave with 50-year bond

The city-state doesn’t have a traditional bond with a 50-year maturity. The yield on its 30-year conventional debt has risen steadily over the past year. It stood at 2.8% on Thursday, Bloomberg data ... ( read original story ...)

Posted on 04/08/2022

MAS launches first sovereign green bond, aims to raise up to $2.4b with 50-year debt

Retail investors applying for the public offer must do so with a minimum of $1,000 and in multiples of $1,000. Read more at straitstimes.com. ( read original story ...)

Posted on 04/08/2022

DBS second-quarter profit tops estimates as banks benefit from rising interest rates

Singapore's DBS Group reported a 7% rise in quarterly net profit that came in slightly above market estimates following sharply higher interest rates. ( read original story ...)

Posted on 04/08/2022

COMMENT: DBS can challenge a smaller HSBC — with the Fed’s help

The contest for Asia’s banking supremacy may come down to what the global interest-rate cycle does to the region’s rival financial centres. ( read original story ...)

Posted on 04/08/2022

Poultry farmers in Malaysia urge government to lift chicken export ban on Singapore or lose out to Indonesia

If Malaysia does not fully resolve its ban on chicken exports soon, farmers say it could lay the groundwork for bigger egg-onomic problems. Poultry farmers in Johor have urged the government to lift ... ( read original story ...)

Posted on 04/08/2022

MHA reminds foreign businesses to be ‘careful’ about advocating LGBT issues in Singapore

SINGAPORE: The Ministry of Home Affairs (MHA) on Thursday (Aug 4) reminded foreign businesses to be “careful” about advocating lesbian, gay, bisexual, and transgender (LGBT) issues in ... ( read original story ...)

Posted on 04/08/2022

Singapore Joins Green Finance Bonanza With 50-Year Bond

Singapore began marketing its first green bond, choosing a 50-year tenor as it joins countries from South Korea to Egypt looking to fund the battle against climate change. Most Read from BloombergThis ... ( read original story ...)

Posted on 04/08/2022

Singapore Suspends Glencore’s Ship Fuel License on Contamination

Singapore suspended Glencore Plc’s license to sell ship fuel after the company sold contaminated products despite testing indicating the fuel was tainted, according to the port authority. ( read original story ...)

Posted on 04/08/2022

Singapore execution toll set to climb after inmates’ complaint of no access to counsel dismissed

The judge says the cost orders slapped on those who represented death row prisoners are justified, and that lawyers might have 'perfectly valid' reasons for refusing to take up such cases. ( read original story ...)

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