Allianz has withdrawn its offer to acquire at least 51% of Singapore's Income Insurance for about $1.63 billion, the German company said in a statement on Monday. Reuters reported on Dec. 13 that the ...
iFAST Singapore launches China desk to meet Chinese investor needs
FAST Singapore has launched a China Desk to meet the offshore wealth allocation needs of Chinese clients both within and outside China.
What does a bank’s ‘kill switch’ kill? It became a point of contention after a victim lost money
SINGAPORE: In October, a customer called a bank to freeze all his cards and savings, only to discover later that not all fund transfers were disabled.
IFC Sees Singapore Commitments Remaining Near Record $2 Billion
International Finance Corp. sees this year’s annual funding commitments to Singapore remaining near a record level, according to a regional executive.
Singapore Home Sales Surge to Decade High, Stoking Curb Concerns
Singapore home sales jumped to their highest level in more than a decade, confirming a property market revival that’s raising expectations of further government curbs. ( read original story ...)
Singapore stocks slightly rose as trading began on Monday—STI edged up 0.1%
Genting Singapore led in trading volume, rising 0.7%, or S$0.005, to S$0.775, with nearly 3.4 million shares exchanged. Singtel also saw significant trading activity, but its share price fell 0.6%, or ...
Singapore looks to its neighbours to import low-carbon energy, but obstacles remain
Singapore has begun low-carbon electricity imports from Malaysia – but regional cooperation and cost-sharing are still an issue.
Singapore business confidence remains mixed for Q1 2025
despite a moderate rise in the Singapore Commercial Credit Bureau’s (SCCB) Business Optimism Index (BOI). Based on data released on Monday (Dec 16), the BOI climbed for a sixth consecutive quarter to ...
Singapore stocks edge up at Monday’s open; STI up 0.1%
SINGAPORE shares opened slightly higher on Monday (Dec 16), in line with the narrow ranges that Asian equities traded ahead of a swath of Chinese data. Read more at The Business Times.
String of issues at Singapore running events draw ire of both recreational and elite competitors
Issues at events over the past year have led to organisers apologising to participants both publicly and privately.
Flight of the common rose: How are Singapore’s butterflies impacted by climate change?
Because they are such sensitive creatures, butterflies are like the proverbial canary in the coal mine for the environment. But urbanisation, and now climate change, have triggered their species and ...
Long queues, inaccurate distances: Runners vexed by quality of Singapore races
(File photo: iStock) SINGAPORE: Having trained for at least three months, Ms Sara Haghani was running well up to the 30km mark of the Standard Chartered Singapore Marathon (SCSM) on Dec 1. But things ...
What does the ‘kill switch’ kill? It became a point of contention after a victim lost money
which links his POSB savings account to his Wise e-wallet. A Monetary Authority of Singapore (MAS) spokesperson told The Straits Times: “MAS expects retail banks to provide a way for customers to ...
Singapore, Vietnam firms in talks for new undersea cables
HANOI: Singaporean asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fibre-optic cables that would boost the region’s data centre industry, people ...
Singapore’s cheque volumes have fallen 80% but some users aren’t writing them off yet
SINGAPORE – Writing cheques has become a thing of the past for most people in Singapore as the country increasingly adopts digital payment methods such as PayNow and mobile wallets. The number of ...
Surge in people arrested for harbouring, hiring immigration offenders in Singapore: ICA
ICA arrested 304 people, most of them Singaporeans, for their roles in helping illegal immigrants remain here. Read more at straitstimes.com.