Michelin-starred Sommer will be no more. Former star Beni recently shuttered without a word. Popular fine-dining favourite Voyage is also set to close at the end of December. Longstanding Bam!
Singapore steps up precautionary measures against mpox at air, sea checkpoints
SINGAPORE: The Ministry of Health (MOH) on Thursday (Aug 22) issued an update on precautionary measures against mpox. Here is the Health Ministry's statement in full: The Ministry of Health (MOH), M ...
Scam victims in Singapore lost $385.6m in first half of 2024 as cases hit high of 26,587
Singapore is lowering the maximum limit on daily CPF withdrawals from $200,000 to $50,000, starting next month. It's also considering giving police the power to restrict a scam victim's banking ...
Revenue-Based Finance Provider Efficient Capital Labs Secures Series A Funding Co-Led by QED and 645 Ventures
Efficient Capital Labs (ECL), one of the leading revenue-based financing providers that provide non-dilutive capital to B2B SaaS companies in the South Asia-U.S. corridor, has announced fundraising of ...
Major Stake Sales and Purchases in PNB Housing Finance
Asia Opportunities V (Mauritius) sold a 3% stake in PNB Housing Finance for Rs 676 crore, while the Government of Singapore acquired 16 lakh shares for Rs 143.74 crore. This transaction reduced Asia ...
DBS and UOB not worried about competition from digital banks
Traditional banks in Singapore have managed to maintain market share in casa growth despite the presence of pure digital banks.
DBS: CDLHT and FEHT likely top beneficiaries of expected Sept rate cuts
DBS experts said that REITs with over 20% of their loans unhedged will see the most immediate gains, as reported by Singapore Business Review. DBS said CDL Hospitality Trusts (CDLHT) and Far East ...
PayPal partners with crypto bank Anchorage Digital to offer stablecoin rewards—despite murky legal rules
As the crypto industry fights for clarity on stablecoin oversight, Anchorage insists that its novel program operates outside the jurisdiction of the SEC.
Singapore slams 70,000 euros fines for chewing gum
Beware, this candy could cost you an arm and a leg if you chew it in this country. Every day, millions of us around the world chew gum. As a treat that shouldn't be swallowed, many of us opt to spit ...
Savills Singapore achieves S$1.047B in year-to-date sales, up 169%
SINGAPORE: Savills Singapore’s Investment Sales & Capital Markets has recorded S$1.047 billion in sales so... The post Savills Singapore achieves S$1.047B in year-to-date sales, up 169% appeared first ...
Singapore slams 70,000 euro fines for chewing gum
In order to prevent chewing gum from polluting sidewalks, tourist sites and nature in general, Singapore (Asia) has introduced a law against chewing gum. Reports from Demotivateur reveals that since ...
Foxconn Singapore Acquires 1.2 Billion Shares in Indian Subsidiary to Fuel Expansion
Foxconn Singapore Acquires 1.2 Billion Shares in Indian Subsidiary to Fuel Expansion - Foxconn Singapore , a subsidiary of the Taiwanese electronics giant Foxconn , has announced the acquisition ...
MHA mulls allowing police to restrict victims’ banking transactions to tackle scams
The restriction will be time-limited, meaning the account will be frozen temporarily. Read more at straitstimes.com.
DBS Bank Pilots Blockchain-Based Government Grant Disbursement System
The blockchain-based grant disbursement system offers several advantages over traditional methods. It allows for faster access to government funds for businesses, as the automated process reduces processing times. The enhanced governance control provided by the system also ensures that grants are disbursed accurately and to the intended recipients. ( read original story ...)
Your New Life in Singapore: A Property and Lifestyle Guide for Expats
Moving to Singapore can be both exciting and a bit scary for American expatriates. This guide offers tips to make the move smoother. Singapore is known for its ... ( read original story ...)
S’pore banks signal pivot to fee income, fixed-rate loans, cash flow hedges as rate cuts loom
Rising and declining interest rates are both double-edged swords for the local banks. As interest rates rise, banks usually re-price their loans faster than deposits. However, as the rising interest ...