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Posted on 03/12/2024

Robust outlook for Singapore’s three biggest banks

DBS, OCBC and UOB – reached record highs in November, driven by strong Q3 2024 earnings, which bolstered investor confidence in the local banking sector. Read more at The Business Times.

Posted on 03/12/2024

DBS, ThaiBev, YZJ Shipbuilding and DFI help bring STI above 3,800 points, a 17-year high

This was largely due to intra-day surges by constituents DBS Group Holdings, Thai Beverage Y92 and Yangzijiang Shipbuilding, while other component stocks DFI Retail Group D01, Sembcorp Industries U96 ...

Posted on 03/12/2024

Singapore’s property tax changes to ease costs for most homeowners in 2025

In a release, the Ministry of Finance announced that 90% of owner-occupied private properties will benefit from reduced tax bills, supported by a one-off rebate of 20% for HDB flats and 15% for ...

Posted on 03/12/2024

Crypto payment platform Dtcpay to drop BTC and ETH, shift to stablecoins

Starting in January 2025, Dtcpay will only support fiat and stablecoins transactions including USDT, USDC, FDUSD and Worldwide USD (WUSD).

Posted on 03/12/2024

Crypto payment firm Dtcpay shifts to stablecoin-only payments model

Singapore-licensed cryptocurrency payment platform Dtcpay has announced plans to phase out support for cryptocurrencies like Bitcoin in favor of stablecoin-only transactions. Dtcpay took to X on Dec.

Posted on 03/12/2024

WEEX Partners with Michael Owen to Champion Their Revolutionary Crypto Trading Experiences

WEEX, a leader in the world of cryptocurrency exchanges, is excited to announce a groundbreaking partnership with soccer legend Michael Owen. This collaboration marks a thrilling fusion of ...

Posted on 03/12/2024

Building Dubai’s Crypto Hub, The Story Of DMCC’s Leadership

Explore Dubai's journey to becoming a global crypto hub, from early blockchain pilots to the rise of the DMCC Crypto Centre under Ahmed Bin Sulayem’s leadership.

Posted on 03/12/2024

Crypto.com partners with HackerOne for $2M bounty program

Crypto.com, trusted by more than 100 million customers worldwide and the industry pioneer in regulatory compliance, security and privacy, announced that it has upgraded their existing bug ...

Posted on 03/12/2024

Australia approves US$50 mil investment into Singapore’s Fast-P blended finance initiative

At COP29, the Singapore government pledged up to US$500 million as concessional capital, to match dollar-for-dollar concessional capital from other partners.

Posted on 03/12/2024

Best Credit Card Promotions in Singapore (Dec 2024): Citibank, DBS, HSBC, UOB, and More

This December, it's giveaways galore. Sign up for a credit card and you could walk away with an all-new Porsche Taycan, 1,000,000 Ascott Star Rewards Points, and up to 50,000 SmartPoints. Plus, enjoy ...

Posted on 03/12/2024

Standard Chartered targets USD200 billion in net new money and double-digit wealth growth over next five years

Standard Chartered (“the Bank”) hosted its Affluent Investor Seminar today, unveiling its strategy to accelerate business growth. Bolstered by a USD1.5 billion investment commitment announced in ...

Posted on 03/12/2024

Standard Chartered sets US$200 bil target in net new money and double-digit wealth growth over next five years

Standard Chartered has announced its strategy to increase business growth, with targets to acquire US$200 billion in net new money (NNM) over the next five years. The strategy was announced at the ...

Posted on 03/12/2024

Man gets $1.5m fine for evading duty and GST on 427 imported vehicles

A 44-year-old man involved in various vehicle businesses has been fined $1.5 million for fraudulent evasion of duty and goods and services tax (GST) on 427 motor vehicles imported into Singapore ...

Posted on 03/12/2024

$1.5m fine, 5 weeks’ jail for man who recruited ‘fall guy’ to evade duty, GST on hundreds of imported cars

A 44-year-old man was fined $1.5 million on Dec 2 for fraudulent evasion of duty and goods and services Tax (GST) on 427 motor vehicles imported into Singapore between January 2019 and October 2020.

Posted on 03/12/2024

Singapore Gets Bad News Amid Sinking Birth Rate

Despite its graying population, the city-state boasts a higher workforce participation rate than many major cities, including New York.

Posted on 03/12/2024

Australia, Singapore agree to seek expanded access to their defence facilities

Singapore and Australia agreed on Tuesday to seek opportunities for increased access to their respective defence facilities, including more frequent Australian visits to the city-state's air force and ...

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