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Posted on 21/10/2024

Association of Banks in Singapore launches best practice paper to enhance AML and CFT audits in banks

The paper provides internal auditors within Singapore’s banks and external auditors who work with banks with a common framework to formulate and execute audits pertaining to AML/CFT.

Posted on 21/10/2024

Billionaire Kwek Leng Beng’s CDL Sells 84% Of Singapore Housing Project Amid Resilient Demand

Billionaire Kwek Leng Beng's City Developments sold 84% of a residential project in northern Singapore, adding to signs of resilient demand in the city-state.

Posted on 21/10/2024

DBS CEO Piyush Gupta says only half of banks making enough tech progress

Outgoing CEO said he is unlikely to be actively involved with DBS, nor does he plan to join other banks. Read more at straitstimes.com.

Posted on 21/10/2024

Shell pipeline leak off Singapore causes oil spill, crypto CEO denied PR: Singapore live news

Shell Bukom oil pipeline leak, Nansen CEO denied PR, and more of the biggest news in Yahoo Singapore's live news updates.

Posted on 21/10/2024

Shell pipeline leak causes oil spill, side hustles in Singapore can earn you up to $21,153 more per year: Singapore live news

Shell Bukom oil pipeline leak, Nansen CEO denied Singapore PR, and more of the biggest news in Yahoo Singapore's live news updates.

Posted on 21/10/2024

Singapore’s commodity hub status in spotlight as it oils global market fragmented by geopolitical tensions

AS GEOPOLITICAL tensions divide the world, connector countries such as Singapore are playing an increasingly crucial role in supporting global trade systems for the commodities sector, market watchers ...

Posted on 21/10/2024

Singapore shares open almost flat on Monday; STI down slightly 0.04%

SINGAPORE shares began Monday (Oct 21) trading nearly flat despite weekend gains in markets abroad. Read more at The Business Times.

Posted on 21/10/2024

Commentary: Is the financing framework for Singapore healthcare nuanced, or just way too complicated?

Can the average Singaporean ever hope to understand the many ins and outs of healthcare financing? Or are we resigned to blind trust in the system? Former journalist Bertha Henson weighs in.

Posted on 21/10/2024

S’pore’s demand for clean imported energy helps usher in a regional power grid: EMA CEO

Such a grid can incentivise investments into domestic renewable projects, he added. Read more at straitstimes.com.

Posted on 21/10/2024

Insect decline may affect migratory birds, including those that stop in Singapore

Migratory birds are particularly vulnerable to such contractions in food supply, said an expert. Read more at straitstimes.com.

Posted on 21/10/2024

Siam Commercial Bank Introduces Stablecoin Solution for Cross-Border Payments

Siam Commercial Bank (SCB), one of the largest banks in Thailand, has launched a stablecoin-based cross-border payment solution, which includes remittance services. This new initiative successfully ...

Posted on 21/10/2024

53% Singapore companies plan to devote over $700,000 to sustainable investments

The report also highlighted several barriers that continue to hinder sustainable investment, such as economic uncertainty and tight budgets.

Posted on 21/10/2024

Oil leaks into Singapore waters from Shell’s land-based pipeline joining Bukom islands

An oil leak in the pre-dawn hours of Oct 20 from a Shell pipeline has affected waters off Singapore, said the Maritime and Port Authority of Singapore (MPA). The oil started leaking at around 5.30am from a land-based pipeline belonging to the British petrochemical company between Bukom Island and Bukom Kecil,

Posted on 21/10/2024

The £922 million airport that would transform major city into ‘new Singapore’

Cambodia is set for a major renewal as a new airport promises to boost the economy to become a major player in the region.

Posted on 21/10/2024

Singapore school leaders expected to maintain high standards of conduct: Ministry of Education after allegations of vice-principal’s affair

SINGAPORE: School leaders are expected to maintain high standards of personal conduct to uphold the integrity and reputation of the public service, said the Ministry of Education (MOE), following allegations that the vice-principal of a primary school had an extramarital affair with the parent of a pupil.

Posted on 20/10/2024

10 best savings accounts in Singapore with highest interest rates (October 2024)

Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...

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