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Posted on 16/10/2024

Electric scooter startup Gogoro expands to Singapore as it tries to rely less on its home base of Taiwan

The global expansion comes at a tricky time for the startup, which just lost its CEO amid a Taiwanese probe into subsidy compliance.

Posted on 16/10/2024

Singapore Entertainment Firm Neon Is Said to Pick Banks for IPO

Immersive entertainment group Neon has picked financial advisers for its potential initial public offering in Singapore, according to people with knowledge of the matter.

Posted on 16/10/2024

Jail for Singaporean man whose bank accounts received scam proceeds after sharing details with online women

SINGAPORE: Shortly after his wife died, a man shared details of his bank accounts with people he met online who claimed to be women, only to find out that some of the accounts were later used to ...

Posted on 16/10/2024

Singapore’s Temasek seeks CCI approval to invest in this cloud kitchen platform

Temasek, through Jongsong Investments, is eyeing a major investment in Rebel Foods, aiming to raise $100-$200 million and likely obtaining a 20-25% stake.

Posted on 16/10/2024

Singapore stocks track regional losses on Oct 16; STI down 0.1%

Gainers outnumber losers 288 to 233, as 1.5 billion securities worth $1.2 billion change hands. Read more at straitstimes.com.

Posted on 16/10/2024

Google to pilot new Android anti-scam features in Singapore

SINGAPORE: Two new Android anti-scam features designed to combat mobile scams will be piloted in Singapore, Google announced on Wednesday (Oct 16). Users will be able to block messages from unknown ...

Posted on 16/10/2024

Singapore leaves major Games medal incentives to private sector while government focuses on ‘broader’ sporting base: Edwin Tong

SINGAPORE: The government leaves the cash incentives for major Games medals to the private sector, as it wants to focus on funding and supporting a “broader base” such as athlete development, said Minister for Culture, Community and Youth Edwin Tong ...

Posted on 16/10/2024

Jail for man whose bank accounts received scam proceeds after sharing details with online women

Christopher Moh, 66, continued to share his bank account details despite receiving two warnings from the authorities. Read more at straitstimes.com.

Posted on 16/10/2024

Hoax bomb threats to Indian airlines force emergency landing in Canada and fighter jets to scramble in Singapore

Twin bomb threats hit Indian airliners on opposite sides of the globe on Tuesday, forcing an emergency landing in the Arctic and fighter jets to scramble in Asia – the latest in a series of similar ...

Posted on 16/10/2024

Cycle & Carriage, Gogoro launch battery-swop electric scooters and stations in Singapore

CYCLE & Carriage Singapore (C&C) and Gogoro have officially launched battery-swop electric scooters and charging stations in Singapore on Wednesday (Oct 16). Three electric scooter models were unveiled at the new Gogoro showroom located within the C&C ...

Posted on 16/10/2024

Singapore emerges as world’s 2nd most expensive data centre market

Singapore emerged as the second most expensive market to build a data centre in the world in 2024, costing firms $18.09 (US$13.80) per watt (W).

Posted on 16/10/2024

Lower Open Called For Singapore Stock Market

The Singapore stock market turned lower again on Tuesday, one day after ending the two-day slide in which it had slumped almost 25 ...

Posted on 16/10/2024

Food Innovators makes Catalist debut at S$0.20, 9.1% below IPO price

JAPANESE food and beverage operator Food Innovators Holdings (FIH) commenced trading under the code “KYB” on the Catalist board on Wednesday (Oct 16). Read more at The Business Times.

Posted on 16/10/2024

Singapore hits brakes on $1.7 billion Allianz deal for onetime insurance cooperative after it sparks public outcry

On Monday, Singapore’s government decided to block the deal until Allianz addressed some of its concerns, including whether Income Insurance will be able to continue its social mission.

Posted on 16/10/2024

OCBC SME Index at 50.8% in 3Q2024, extending gains for the second quarter in a row

The OCBC SME Index uses SME transactional data of over 100,000 OCBC SME customers in Singapore with annual sales turnover of up to $30 million.

Posted on 16/10/2024

Limited-edition bank card designs and merchandise are coming: OCBC and Disney announce 5-year collaboration

Apart from the upcoming Disney Adventure cruise, fans have something new to look forward to. OCBC and Disney have announced a five-year strategic collaboration across three of the bank's five core ...

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