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Posted on 30/10/2024

Court allows Malaysian property tycoon Ong Beng Seng to leave Singapore with extra RM2.7m bail

Property tycoon and hotelier Ong Beng Seng was granted court permission today to leave Singapore for over a week, with a total cash bail of S$1.6 million (RM5.3 million) following additional bail ...

Posted on 30/10/2024

Hedge Funds Turning to Singapore Dollar to Make US Election Bets

The Singapore dollar is emerging as a popular US election trade for option investors.

Posted on 30/10/2024

MAS sets up finance and technology network to be chaired by Ravi Menon

THE Monetary Authority of Singapore (MAS) has established the Global Finance & Technology Network (GFTN) with its board to be chaired the central bank’s former managing director, Ravi Menon. Read more ...

Posted on 30/10/2024

Departing HSBC Europe Executive to Join Serendipity Board

Colin Bell, who is stepping down from running HSBC Holdings Plc’s European operations at the end of the year, will join the board of Singapore-based investment firm Serendipity Capital.

Posted on 30/10/2024

Singapore Institute of Advanced Medicine Holdings reports FY2024 loss of $37.4 mil

The Singapore Institute of Advanced Medicine Holdings (SAM) has reported a loss after tax and total comprehensive loss for the year of $37.4 million for the FY2024 ended June 30, more than twice its ...

Posted on 30/10/2024

Gemini grabs ‘In-Principle Approval’ for Singapore license, despite recent struggle

Cryptocurrency exchange Gemini has received In-Principle Approval (IPA) for a Major Payment Institution license application in Singapore.

Posted on 30/10/2024

Singapore pumps another $332M into attracting deep tech investors

The funds will look to attract global VC firms to invest in Singapore-based deep tech startups with the potential to scale internationally.

Posted on 30/10/2024

Singapore investors can now trade depository receipts of 5 Hong Kong blue chips on SGX

The Singapore Exchange (SGX) on Oct 30 announced that it is extending its Singapore Depository Receipt (SDR) coverage to include five Hong Kong-listed companies. These are Chinese tech giants ...

Posted on 30/10/2024

Gemini gets initial nod to offer crypto services in Singapore

Gemini receives in-principle approval from MAS, marking a major step towards offering regulated crypto services in Singapore.

Posted on 30/10/2024

Fall in hiring, wage expectations among companies for Q4: Singapore advance estimates

However, the manpower ministry expects employment to continue to expand in the next quarter and the labour market to remain tight.

Posted on 30/10/2024

Study finds Russian link to website blocked by Singapore government

The study showed that the domain name of Alamak.io has links to 5plus1.ru, which is linked to Russian communications agency 5+1 Media.

Posted on 30/10/2024

Analysts bullish on CLAR, OCBC increases TP to $3.32

Post 3QFY2024, CLAR has announced the divestment of its 21 Jalan Buroh property in Singapore at a divestment price of $112.8 million, a significant premium of 93.2% and 67.1% to both the asset’s ...

Posted on 30/10/2024

Singapore looks to Australian outback to power shift to sustainable energy

Singapore is a step closer to importing solar energy from Australia via a huge undersea cable, after giving green light to ambitious project that could provide solution to other countries that are try ...

Posted on 30/10/2024

How to Choose the Right Employer of Record for Your Business in Singapore

Singapore is calling your business, but is your business ready to answer?  This would be the perfect platform to grow as Singapore has a booming economy and is strategically located. However, here is ...

Posted on 30/10/2024

Singapore digital economy shrank 2.3% in 2023; efforts to help SMEs adopt generative AI underway: IMDA

SINGAPORE’S digital economy shrank 2.3 per cent in nominal terms to account for S$113.2 billion of the nation’s gross domestic product in 2023, down from S$115.9 billion in 2022. (*See clarification ...

Posted on 30/10/2024

World’s best airport reveals new passport-free technology – where you clear security in 10 seconds

THE world’s best airport has just got better – with new technology letting you whizz through security. Singapore’s Changi Airport if often named the best airport in the world, ...

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