Under the Shared Responsibility Framework, banks have to block or hold for 24 hours suspicious transactions of over $25k. Read more at straitstimes.com.
Trump victory implies tarriffs, debt, inflation and rising interest rates says OCBC
Trump victory to fuel higher debt, tariffs, inflation, interest rates, and ultimately recession, pressurising S-REITs, regional markets ...
SCB Wins Top Marketing Awards from Marketing Excellence Awards 2024, Reinforcing Its Digital Bank with a Human Touch Strategy
Siam Commercial Bank (SCB), led by Ms. Piyamas Siriwat, Senior Vice President, Solution Sales and Specialist Division and other executives, announced the bank's success in winning two prestigious ...
DBS and Citi maintain ‘buy’ on Mapletree Pan Asia Commercial Trust
Citi analyst Brandon Lee notes that MPACT continues to benefit from positive Singapore rent reversions in 1HFY2025, driven by Vivocity with a positive rental reversion of 17.3%. This is supported by ...
KWAP invests RM219mil in Singapore-based Cyan to boost offshore sector
The Retirement Fund Incorporated says the investment supports its RM20 billion transition asset target by 2030.
National Stock Exchange’s IPO hinges on approval from Sebi, says CEO
The National Stock Exchange of India Ltd., whose initial public offering has faced delays since it initial filing in 2016, needs approval from the Sebi to reapply ...
‘For the good of our people’: PM Wong says Singapore will support Commonwealth in using tech for development
Singapore believes in the transformative power of artificial intelligence (AI) and will support fellow Commonwealth states in using technology for development, said Prime Minister Lawrence Wong on Oct ...
UOB Kay Hian maintains ‘buy’ on KORE, downgrades TP to 38 US cents
UOB Kay Hian (UOBKH) analyst Jonathan Koh has maintained his “buy” call on Keppel Pacific Oak US REIT (KORE) as he sees a “gradual and steady recovery” as well as stable occupancy in the REIT’s ...
Las Vegas Sands to spend $8 billion to expand MBS resort in Singapore
Casino operator Las Vegas Sands plans to invest $8 billion in Singapore to expand its Marina Bay Sands resort, a major bet by the Nevada-based firm on the city-state's tourism market. The project, ...
About time banks, telcos shared liability in scam cases in Singapore
Singapore banks are to beef up fraud detection and share liability with new rules offering a small measure of protection against scam cases.
Singapore Shares May Tick Higher Again On Friday
(RTTNews) - The Singapore stock market has moved higher in two straight sessions, gathering almost 20 points or 0.6 percent along the way. The Straits Times Index now sits just above the 3,600-point ...
Las Vegas Sands flags $10.6b investment to develop fourth tower at Marina Bay Sands
Dubbed “Marina Bay Sands IR2”, the fourth tower will include 570 hotel rooms, premium gaming areas, a sky roof, a 15,000-seat entertainment arena, and additional premium Mice (meetings, incentives, ...
Discover Singapore’s best value-for-money condo developments
Think luxury living in Singapore means burning a hole in your pocket? Think again. From futuristic tech to lush urban sanctuaries, some underrated condo gems offer exceptional value without skimping ...
Cosco Shipping International (Singapore) chairman and president Gu: ‘Success comes to those who are prepared’
We must strengthen the coordination among our container fleets and specialised carriers with our sister companies of our parent group.
BlackRock sells major stake in GasLog as Singapore’s GIC fund steps in
Deal comes after months of speculation about the investor looking to divest its interest in the Livanos and Onassis-backed firm ...
Financial institutions, telcos in Singapore to be accountable to scam victims; new framework kicks in on Dec 16
The finalised SRF comes after two months of industry consultation at the end of 2023 and almost a year of deliberation by the Monetary Authority of Singapore (MAS) and Infocomm Media Development ...