Most key life insurers here have a capital adequacy ratio (CAR) of at least 150 per cent. Read more at straitstimes.com.
Rise of crypto custody as more financial institutions enter digital asset space
By 2030, tokenised assets could account for about 10 per cent of the world’s gross domestic product (GDP). Read more at The Business Times.
Helping SMEs in Singapore stay competitive with payment and business solutions
Singapore’s Network for Electronic Transfers (Nets), long known as a payments provider, has been reshaping itself to help small and medium-sized enterprises (SMEs) in Singapore tap a wider customer ...
Genting Singapore’s RWS casino chief Andrew MacDonald steps down
He had done so to “pursue personal interests”, said RWS owner Genting Singapore in a bourse filing. Read more at straitstimes.com.
More e-sports events to come to Singapore as Counter-Strike 2 tournament wraps up
European team G2 Esports beats Team Spirit as one of the biggest Counter-Strike 2 tournaments in the world came to an end at Singapore's Resorts World Sentosa. While the winner walked away with a ...
Singapore to inject additional S$440 million to boost investments in deep-tech startups
SINGAPORE will add S$440 million to a scheme aimed at boosting private-sector investments into deep-tech startups based in the city-state, Deputy Prime Minister Heng Swee Keat announced on Monday (Oct ...
Opening Day: Polyrizon, Gelteq debut in quiet IPO week
Polyrizon and Gelteq made their public debut on Tuesday in a quiet Halloween week for the IPO market. LATEST IPOS AND DIRECT LISTINGS: ...
Olam gets buyout offer for agri unit after IPO delay; shares jump 14%
SINGAPORE - Olam Group has received a non-binding indicative ... In May 2023, Olam said its proposed initial public offering (IPO) of Olam Agri – originally slated to be completed by the first half of ...
Singapore film about censorship barred; IMDA says it’s ‘likely to be prejudicial to national interests’
SINGAPORE (The Straits Times/ANN): A film that references a past local court case about a communist leader’s tombstone has been barred here after the authorities deemed it potentially illegal and ...
Major airport reveals new passport-free technology — you can clear security in 10 seconds
It’s been repeatedly named the best airport in the world, boasting the tallest indoor waterfall, luxurious airport lounges, rooftop bars and even a butterfly garden. And now, with its new ...
How one of the tiniest oil markets cost Singapore-based Trafigura over $1.5 billion
Trafigura alleges that staff manipulated payments while concealing a mountain of overdue debts. Read more at straitstimes.com.
Singapore app pays users ‘pocket money’ for data samples to train AI assistants
SINGAPORE – A Singapore start-up has turned to the public ... such as recording words spoken in Hokkien or saying “Bixby” – the name of Samsung’s AI assistant on its mobile devices – at different ...
Singapore passport remains world’s most powerful in latest ranking
Singapore continues to hold its title as the world's most powerful passport in the latest ranking, while Malaysia's passport has risen one place from July's version to 11th place globally.
Busy schedule for primary market as 4 big IPOs open next week amid Dalal Street slump
The IPO comprises solely an offer-for-sale of 70.2 crore equity ... and an offer-for-sale of Rs 1,400 crore by promoters Bupa Singapore Holdings Pte, and global private equity firm True North-owned ...
Six to be charged for allowing criminals to use their bank accounts
SIX individuals will be charged in court on Monday (Nov 4) for relinquishing their bank accounts, which were used by a criminal syndicate to facilitate the movement of large amounts of money. Read ...
Six to be charged with giving up bank accounts to criminal syndicate
SINGAPORE: Six people will be charged on Monday (Nov 4) with giving a criminal syndicate access to their bank accounts, which were then used to move almost S$8 million (US$6 million). The three men ...