The thriving nonlife business offset life insurance’s poor showing in 2023. The drop in gross premiums of Singapore’s insurance industry widened to 9% in 2023 due to slowing demand in the life ...
UOB teams up with Disney Cruise Line to deliver magical travel experiences for ASEAN consumers
UOB today announced an exciting strategic collaboration with Disney Cruise Line as the first regional Bank offering UOB cardholders across Singapore, ...
Jail for parallel importer who forged Vicom test results to register new vehicles
Lim Tze Yong, 50, pleaded guilty to five charges of forgery for the purpose of cheating. Read more at straitstimes.com.
ST Telemedia sells majority stake in Malaysian telecom firm U Mobile
Singapore Technologies Telemedia said on Wednesday Malaysia's Mawar Setia will acquire a majority stake in the company's U Mobile unit, a mobile and broadband service provider in Malaysia.
Singapore’s Telemedia to sell majority stake in U Mobile of Malaysia
(Reuters) -- Singapore Technologies Telemedia on Wednesday said Malaysia's Mawar Setia will acquire a majority stake in the company's U Mobile unit, a mobile and broadband service provider in Malaysia ...
How a brazen US$1.1 billion nickel scam allegedly ensnared some of Singapore’s brightest
Ng Yu Zhi stands trial for allegedly orchestrating Singapore’s largest Ponzi scheme that defrauded nearly 1,000 investors.
Retail sales in Singapore up by 2.2% in October, boosted by motor vehicle sales
Retailers continue to enjoy increased turnover in the lead-up to Christmas, with vehicle buyers helping drive revenue higher in October. Read more at straitstimes.com.
Police probe man who brought over $1.3 million cash into Singapore
The authorities are investigating a 49-year-old man who was caught carrying more than $1.3 million in various currencies into Singapore, and under-declaring the amount, on Nov 27. The man, a foreign ...
Singapore among preferred destinations for billionaires, with 47 in the country
SINGAPORE - Billionaires are relocating more frequently, with many moving to Switzerland, Singapore, the United Arab Emirates (UAE) and the United States, according to private bankers to the wealthy.
Daily Cuts – Making Singapore’s point-to-point transport services more efficient
Singapore Today's Daniel Martin and Justine Moss speak with transport analyst Walter Theseira, Associate Professor with the Singapore University of Social Sciences' School of Business, about making ...
S&P places Singapore Post on credit watch negative following strategy reset, sale of Australia business
GLOBAL ratings agency S&P said on Thursday (Dec 5) it has placed Singapore Post (SingPost) on CreditWatch negative, following a change in its future strategy and the sale of its Australian business.
NXP, TSMC Affilate Plan to Expand $8 Billion Singapore Plant
NXP Semiconductors NV and a Taiwan Semiconductor Manufacturing Co. affiliate are discussing an expansion of their $7.8 billion Singapore venture, recognizing a need to diversify chip production in ...
Hongkong Land Is Said to Weigh Sale of Singapore Developer MCL
Asian real estate group Hongkong Land Holdings Ltd. is considering selling its closely held property developer arm MCL Land Ltd., according to people with knowledge of the matter.
2 new e-payment methods launching in mid-2025 as Singapore phases out cheques
Users of retail and corporate cheques will have two new electronic payment methods as part of Singapore's move to phase out cheques. From mid-2025, they can use electronic deferred payment system EDP ...
Deadline for banks to cease processing corporate cheques extended to end-2026
Two new electronic deferred payment (EDP) systems to support corporate and individual cheque users will also be launched in mid-2025.
Best Fixed Deposit Rates in Singapore (Dec 2024)—Rates Up To 3.20%, Minimum Deposits From $500
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...