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Posted on 15/08/2024

Bank of Singapore warns against fake app

It has reported the link and app to the police and regulators. Bank of Singapore (BOS) is warning against a fraudulent application. The fake app can be found in hxxps ...

Posted on 15/08/2024

MAS, banks and tech companies to jointly work on quantum security

MAS and participating banks will experiment with Quantum Key Distribution (QKD) solutions jointly provided by SPTel and SpeQtral.

Posted on 15/08/2024

S$3b money laundering case: 2 ex-bank employees and former driver of fugitive to be charged in court

TWO former bank employees will be charged in court on Aug 15 over money laundering and forgery offences, one year after 400 police officers raided multiple luxury homes in the biggest money laundering ...

Posted on 15/08/2024

Singapore banks’ loan growth, fee income steady in Q2

Singapore’s banks delivered strong earnings in Q2 2024 on the back of net interest income (NII) growth, continued recovery in fees, and benign provisions, reports UOB Kay Hian (UOBKH). Loan growth ...

Posted on 15/08/2024

Singapore ranks 7th most expensive place to rent prime offices in APAC at 21% premium

SINGAPORE: Singapore has been ranked seventh for the most expensive place to rent prime offices... The post Singapore ranks 7th most expensive place to rent prime offices in APAC at 21% premium appear ...

Posted on 15/08/2024

“You can’t compete with Johor prices” — Singapore retailers urged to attract locals with additional services as RTS link with JB nears

SINGAPORE: Retailers in Singapore are advised to attract customers with additional services as the upcoming Rapid Transit System (RTS) link, set to start in 2026, is expected to increase competition ...

Posted on 15/08/2024

Singapore to Charge Two Ex-Bankers in Money-Laundering Scandal

Singapore is set to charge two unnamed former Chinese bankers on Thursday in the country’s biggest money-laundering case.

Posted on 14/08/2024

$3b money laundering case: 2 ex-bank employees and former driver of fugitive to be charged in court

Three individuals will be charged exactly one year after the arrests of the 10 money launderers on Aug 15, 2023. Read more at straitstimes.com.

Posted on 14/08/2024

DBS Bank India Celebrates 30 Years with ‘India-Singapore Connect’

Singapore Connect' initiative. This program aims to strengthen the India-Singapore partnership by fostering dialogue and collaboration across sectors. Inaugurated in collaboration with CNBC-TV18, the ... ( read original story ...)

Posted on 14/08/2024

Standard Chartered team up on Next Gen plan with INSEAD and SC Ventures

"Standard Chartered team up on Next Gen plan with INSEAD and SC Ventures" was originally created and published by Private Banker International, a GlobalData owned brand.

Posted on 14/08/2024

The deepfake election nightmare hasn’t happened. Singapore still wants to ban them

Following South Korea’s lead, Singapore intends to ban deepfakes ahead of upcoming elections, despite concerns of curbing freedom of speech.

Posted on 14/08/2024

Singapore stocks close in the black; STI up 0.9%, led by Wilmar

Regional markets responded with mixed results. Hong Kong’s Hang Seng fell 0.4 per cent but South Korea’s Kospi rose 0.9 per cent, Japan’s Nikkei 225 ended 0.6 per cent ahead and Malaysian shares ...

Posted on 14/08/2024

Tax On Forex Trading In Singapore – Updated Guide [Year]

Singapore has rules requiring some traders to pay taxes depending on specific criteria. The rules are nuanced-many consider them a s ...

Posted on 14/08/2024

Singapore’s Nets rolls out SoftPOS product

Singapore's leading payment services group, has launched NETS SoftPOS, a terminal-less payment solution for swifter, seamless and more cost-efficient payment transactions.

Posted on 14/08/2024

Victims in SG lose S$36mil in under 2 months to conmen touting investments on social media, chat groups

Victims lost at least S$36mil in less than two months to conmen touting investment scams on chat groups and social media platforms, Singapore police said.

Posted on 14/08/2024

Declining interest rate environment will affect UOB’s growth engine, says CFO Lee

The upcoming declining interest rate environment will affect a huge part of United Overseas Bank U11 0.00% ’s (UOB) growth engine, so the bank will have to focus on fee income for the foreseeable ...

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