Under the Shared Responsibility Framework, banks have to block or hold for 24 hours suspicious transactions of over $25k. Read more at straitstimes.com.
Trump victory implies tarriffs, debt, inflation and rising interest rates says OCBC
Trump victory to fuel higher debt, tariffs, inflation, interest rates, and ultimately recession, pressurising S-REITs, regional markets ...
8 years ago, Singapore declared war on diabetes. Is it winning?
Diabetes is a global health crisis, particularly type 2 diabetes, which is heavily influenced by lifestyle habits, and numbers are increasing every year. Ever since launching the war on diabetes, ...
Singapore’s Growing Financial And Telecom Industries
Singapore's economy is characterised by a robust services sector, which accounts for 65% of its GDP, marking a significant increase from 55% over the past decades. Click to read.
SCB Wins Top Marketing Awards from Marketing Excellence Awards 2024, Reinforcing Its Digital Bank with a Human Touch Strategy
Siam Commercial Bank (SCB), led by Ms. Piyamas Siriwat, Senior Vice President, Solution Sales and Specialist Division and other executives, announced the bank's success in winning two prestigious ...
DBS and Citi maintain ‘buy’ on Mapletree Pan Asia Commercial Trust
Citi analyst Brandon Lee notes that MPACT continues to benefit from positive Singapore rent reversions in 1HFY2025, driven by Vivocity with a positive rental reversion of 17.3%. This is supported by ...
Crypto Exchange BingX Rolls Out Advanced Security Feature Following $52M Hack
After a recent security breach, crypto exchange BingX has released "ShieldX," an advanced update geared toward improving the platform’s security from a similar attack.
Singapore factory output eases to 9.8% in September, but Q3 GDP set for upward revision
SINGAPORE’S third-quarter economic growth is likely to be revised by at least half a percentage point, following better-than-expected factory output in September, economists said. Read more at The ...
Singapore biomed production breaks out of slump, EDB says at least 1,000 new jobs in pipeline
The sector contracted by 22.4% between January and August, compared with the same period in 2023. Read more at straitstimes.com.
KWAP invests RM219mil in Singapore-based Cyan to boost offshore sector
The Retirement Fund Incorporated says the investment supports its RM20 billion transition asset target by 2030.
National Stock Exchange’s IPO hinges on approval from Sebi, says CEO
The National Stock Exchange of India Ltd., whose initial public offering has faced delays since it initial filing in 2016, needs approval from the Sebi to reapply ...
‘For the good of our people’: PM Wong says Singapore will support Commonwealth in using tech for development
Singapore believes in the transformative power of artificial intelligence (AI) and will support fellow Commonwealth states in using technology for development, said Prime Minister Lawrence Wong on Oct ...
Why this 19 Y/O poured her life savings into opening Singapore’s 1st horror art jamming studio
SCURO, Singapore's only horror art jamming studio is growing its offerings beyond horror to include fantasy themes. We spoke to its founder. ( read original story ...)
Four arrested, S$440k seized after Singapore operation against money mule activities
SINGAPORE: Four people were arrested and over S$440,000 in suspected scam proceeds seized in an islandwide operation against suspected money mule activities earlier this month. ( read original story ...)
UOB Kay Hian maintains ‘buy’ on KORE, downgrades TP to 38 US cents
UOB Kay Hian (UOBKH) analyst Jonathan Koh has maintained his “buy” call on Keppel Pacific Oak US REIT (KORE) as he sees a “gradual and steady recovery” as well as stable occupancy in the REIT’s ...
Singapore firms prefer using RAG and SLMs over chatbots, LLMs, and digital assistants compared to global peers
According to Singapore Business Review, the report found that only five in 10 businesses in Singapore use chatbots, LLMs, and digital assistants compared to its global peers. This is lower than the ...