Asia will lead the mobile wallets space globally as a rise in the usage of the payment option in Southeast Asia is set to offset stagnant growth in China, according to a research report by ... ( read original story ...)
Rising property prices a key driver in wealth inequality, ills of ‘hereditary meritocracy’ exist, says head of Singapore central bank
A key driver in worsening wealth inequality in many parts of the world is the rising price of property and it is a worrying trend, the head of Singapore’s central bank said. Ravi Menon, managing ... ( read original story ...)
Singapore and EU can collaborate on research, green finance to tackle climate crisis
S'pore and EU discussed these potential partnerships at a meeting on Thursday.. Read more at straitstimes.com. ( read original story ...)
Singapore and EU reaffirm climate action commitment ahead of COP26
SINGAPORE: The European Union (EU) and Singapore on Thursday (Jul 8) reaffirmed their joint commitment and "strong" partnership in global climate ... ( read original story ...)
Fitch Affirms Diners Club Singapore’s Credit Card ABS; Outlook Stable
Fitch Ratings has affirmed DFS Asset Purchase Company Pte. Ltd.'s working-capital facility, standby liquidity faci ... ( read original story ...)
Singapore’s GDP to grow 4℅ to 6℅ this year despite uncertain global outlook: Finance Minister Lawrence Wong
Singapore Finance Minister Lawrence Wong said that with uncertainty looming large over global economy outlook, continue to expect gross domestic product growth of at least 4 per cent to 6 per cent ... ( read original story ...)
Singapore’s Incumbent Banks: How Are They Stepping Up Their Digital Game?
Let’s take a closer look at how Singapore’s three incumbent banks are sharpening their competitive edge through digitalisation. ( read original story ...)
Singapore fuel oil inventories sink to over 3-month low
Singapore residual fuel oil inventories fell 5% in the week ended July 7, dropping to a 3-1/2 month low despite steady net import volumes, official data showed on Thursday. ( read original story ...)
Singapore Billionaire Kwek Leng Beng’s City Developments To Limit Exposure In China Unit Amid Bankruptcy Claim
City Developments—controlled by billionaire Kwek Leng Beng—said Thursday it will not support the continuing financial obligations of its cash-strapped Chinese subsidiary Sincere Property Group, which ... ( read original story ...)
Singapore sees spikes in ransomware, botnet attacks
Number of reported ransomware attacks climbed 154% last year, while malicious C&C servers and botnet drones increased 94% in the city-state, where cybercrime cases account for almost half of total ... ( read original story ...)
Singapore residents who took Sinovac vaccine can have 2 doses of Pfizer or Moderna
Those who have received the Sinovac vaccine locally as well as returning Singapore residents who have received a vaccine overseas different from the two under the national vaccination drive would be ... ( read original story ...)
GUUD Launches New RYTE Financing Platform To Make Trade Finance Accessible for All Businesses
New Platform enables businesses big or small to access trade finance options to improve cashflow Opens up opportunities for businesses to apply ... ( read original story ...)
Singapore jails Canadian bank robber David James Roach – but spares him a caning
branch in 2016, was extradited to Singapore last year from Britain after the city state offered assurances he would not be flogged. The 31-year-old pleaded guilty to one charge of bank robbery and ... ( read original story ...)
Singapore-based Spac files for $135 million US IPO
Singapore-based special purpose acquisition company (Spac), Fat Projects Acquisition Corp, has filed to go public via Nasdaq in a US$100 million (S$135 million) initial public offering (IPO), the ... ( read original story ...)
Hong Kong-Singapore travel bubble: will Sinovac’s efficacy against Delta coronavirus variant be the next stumbling block?
While city state points to lack of data about vaccine’s worth against new variants, Hong Kong authorities have defended the Chinese-produced jabs. ( read original story ...)
3 of 16 new COVID cases in Singapore local, 2 unlinked
The Ministry of Health (MOH) on Thursday (8 July) confirmed 16 new COVID-19 cases in Singapore, taking the country's total case count to 62,668. ( read original story ...)