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Posted on 07/03/2025

Singapore firms optimistic on GenAI but face IT infrastructure gaps

Singapore organizations are highly optimistic about Generative AI (GenAI) but a lack of containerization adoption threatens to slow progress.

Posted on 06/03/2025

Singapore to invest S$1 billion in Changi air hub, beyond S$5 billion fund top-up in Budget 2025

The additional S$1 billion will be committed over the next five years to support the development of Changi air hub. Read more at The Business Times.

Posted on 06/03/2025

Singapore shares close higher with local bank counters up; STI rises 0.5%

Local investors made the most of what might be a short-lived respite and drove the benchmark Straits Times Index (STI) up 0.5 per cent or 18.66 points to 3,917.06. Gainers easily led losers 304 to 210 ...

Posted on 06/03/2025

Outgoing DBS CEO Piyush Gupta gets a 57% pay bump, reversing a massive cut in 2023

Gupta will take home $13.2 million following the bank's "stellar all-round performance as well as its improved technology resiliency” ...

Posted on 06/03/2025

SGX sees leadership changes in FX and technology amid push to revive stock market

SINGAPORE - Singapore Exchange (SGX) has revamped its foreign exchange (FX) and technology management teams following some high-level resignations. Mr Lee Beng Hong, its head of wholesale markets and ...

Posted on 06/03/2025

DBS CEO Piyush Gupta gets a 57% pay bump after his last full year leading Southeast Asia’s largest bank

Gupta will take home $13.2 million following the bank's "stellar all-round performance as well as its improved technology resiliency” ...

Posted on 06/03/2025

Crypto Custodian Hex Trust Secures Major Payment Institution License in Singapore

Hex Trust, a cryptocurrency custodian and trading platform, has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), the firm said on Thursday.

Posted on 06/03/2025

Man charged with importing 154 replica guns into Singapore without permit

SINGAPORE: A 44-year-old man was charged in the State Courts on Thursday (Mar 6) for importing 154 replica guns into Singapore without a permit.

Posted on 06/03/2025

Singapore aims to boost maritime efficiency with digital and cybersecurity upgrades

The city-state will leverage technology to improve operations. The Maritime and Port Authority of Singapore (MPA) is developing systems that will help streamline port and marine services, ensuring the ...

Posted on 06/03/2025

Singapore shares close higher on Thursday; STI up 0.5%

THE benchmark Straits Times Index (STI) closed up 0.5 per cent or 18.66 points at 3,917.06 on Thursday (Mar 6), following regional indices. Read more at The Business Times.

Posted on 06/03/2025

Singapore University of Social Sciences to get new campus at former Rochor Centre site by mid-2030s

The new centrally located campus will enhance accessibility for students and working adults, says the Ministry of Education.

Posted on 06/03/2025

Top 10 ETFs in Singapore—The Total Beginner’s Guide to Investing in ETFs (2025)

If you’re here because your New Year’s resolution is to finally start investing, you’ve come to the right place. Investing in Exchange Traded Funds, also known as ETFs is one of the best ways for ...

Posted on 06/03/2025

Woman opens bank accounts that received S$711M, admits she has no clue where the money came from

Zin Nwe Nyunt, a 58-year-old Singapore citizen, admitted in court that she was unaware of the origins of hundreds of millions of dollars ...

Posted on 06/03/2025

Daily Cuts – Wealth Wise – Could Singapore’s economy be in for more headwinds?

Singapore's core inflation has fallen to its lowest in more than three years but with inflation likely creeping up in the US and tit-for-tat tariffs, could that be a problem for Singapore going ...

Posted on 06/03/2025

DBS outgoing CEO pay up 57% in 2024; successor sees momentum

DBS Group paid outgoing CEO Piyush Gupta S$17.6 million ($13.22 million) for 2024, up 57% on year, as Singapore's biggest bank reported record annual revenue and profit.

Posted on 06/03/2025

DBS outgoing CEO gets US$13 million in ‘another banner year’

The pay makes Gupta one of Asia’s highest-paid bankers, behind Standard Chartered boss Bill Winters who earned US$13.8 million) last year.

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