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Posted on 09/11/2024

Tycoon Ong Beng Seng’s HPL Buys Concorde Hotel Singapore In Deal Valued At $620 Million

Hotel Properties is buying the Concorde Hotel in Singapore’s main shopping strip for $620 million as the developer controlled by tycoon Ong Beng Seng and wife Christina steps up investments in the ... ( read original story ...)

Posted on 09/11/2024

Singapore, France monetary authorities test quantum-proof security

The Singapore Monetary Authority (MAS) and Banque de France (BDF) have completed an experiment with post-quantum computing (PQC) to address the “looming threat” quantum computing poses to payment ...

Posted on 09/11/2024

I’ve flown on Singapore’s world’s longest flight in business class. It was nice, but the new seats will be a game changer.

Singapore Airlines is known for luxury. Its investment in a new business class has one game-changing feature that flyers love.

Posted on 09/11/2024

DBS Bank buys entire 75th floor in The Center, extending foray into Hong Kong property market

DBS Group Holdings, Singapore’s biggest lender, is taking advantage of a property slump to expand its business in Hong Kong by picking more office space in what used to be the world’s most expensive ...

Posted on 09/11/2024

Tycoon Ong Beng Seng’s HPL Buys Concorde Hotel Singapore For $620 Million

Hotel Properties is buying the Concorde Hotel in Singapore’s main shopping strip for $620 million as the developer controlled by tycoon Ong Beng Seng and wife Christina steps up investments in the ...

Posted on 08/11/2024

Singapore police, banks prevent losses of more than S$53mil to scams in September and October

SINGAPORE: A collaboration between the police and five banks thwarted over 1,338 scams in progress between Sept 1 and Oct 31, preventing potential victims from losing more than S$53 million in all.

Posted on 08/11/2024

Singapore’s OCBC says 2024 targets on track after Q3 profit beats expectations

SINGAPORE: Singapore's Oversea-Chinese Banking Corp (OCBC) said it was firmly placed to achieve its 2024 targets after posting on Friday (Nov 8) a 9 per cent rise in third-quarter net profit that beat ...

Posted on 08/11/2024

DBS Foundation marks 10 years with a mission to reshape conversation around ageing

A new $1 billion commitment over the next decade will give it more leeway to tackle macro social issues. Read more at straitstimes.com.

Posted on 08/11/2024

Trump’s return could herald a ‘crypto golden age’ says CEO of stablecoin firm Paxos

The Trump campaign "had a real crypto theme," Charles Cascarilla said at the Singapore Fintech Festival on Friday.

Posted on 08/11/2024

Tatas will choose Singapore as key partner for semiconductor play: Singapore Minister Shanmugam

Chandrasekaran earlier in the day, Singapore’s Minister for Home Affairs and Law K. Shanmugam said semiconductors was a “big discussion” point during the meeting. “If they (Tatas) want to, they can do ...

Posted on 08/11/2024

Tata Group, Singapore govt discuss collaborative opportunities in semiconductors

“It’s not that they need to do it with Singapore, but they will, I think choose Singapore as a key partner.” Tata Electronics investing up to $11 billion in India’s first semiconductor fabrication ...

Posted on 08/11/2024

3 men arrested for using stolen card details to buy electronics and gold bars

Three members of a transnational scam syndicate, aged between 29 and 36, have been arrested for their suspected involvement in using stolen debit and credit card details to commit payment fraud across ...

Posted on 08/11/2024

Attika Group closes debut trading day at S$0.235, 6.8% above IPO price

SHARES of Attika Group closed at its peak of S$0.235 on the counter’s first day of trading, 6.8 per cent above its S$0.22 initial public offering (IPO) price. Read more at The Business Times.

Posted on 08/11/2024

Singapore Airlines posts HY profit slump; sees $832 million gain from Air India-Vistara merger

Singapore Airlines reported a slump in half-year earnings on Friday, reflecting stiff competition and higher costs, but added that it will post a gain of S$1.1 billion ($832.45 million) once the Air ...

Posted on 08/11/2024

Billionaire Wee Family’s UOB Jumps To Record As Singapore Bank Mulls Share Buyback

Shares of Singapore-based United Overseas Bank surged to a record high after its billionaire CEO Wee Ee Cheong as the lender considers returning excess capital to shareholders on the back of robust ...

Posted on 08/11/2024

Singapore eyes LNG hub with EMA-PetroChina collaboration

Singapore’s Energy Market Authority (EMA) has signed an agreement with Chinese energy major PetroChina to enhance Singapore’s liquefied natural gas supply and management capabilities, supporting its ...

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