The rate applies to full electric cars as well as hybrids with a petrol engine paired with an electric motor.. Read more at straitstimes.com. ( read original story ...)
Tourism Lull From Thailand to Singapore Damping Oil Demand
Southeast Asian oil and fuel demand has hit a plateau after an initial recovery from the Covid-19-induced slump and appears unlikely to get back to pre-virus levels until the end of the year or later. ( read original story ...)
Singapore businessman linked to alleged fraud of record S$1 billion charged
A businessman charged on Monday (March 22) has been linked to an alleged fraud involving at least S$1 billion, the largest in Singapore's history. ( read original story ...)
Hyundai Motor Company and Singtel collaborate to advance Singapore’s smart mobility ecosystem and Industry 4.0 journey
Hyundai Motor Company and Singtel today signed a Memorandum of Understanding (MOU) to collaborate on a range of ventures to support smart manufacturing and connectivity for electric vehicle battery ... ( read original story ...)
Businessman Charged for Cheating Investors of $1b to Finance Nickel Trading Scheme
The investments were supposed to finance nickel trading activities, but the authorities now believe this was a sham. It’s reportedly one of the largest financial fraud cases in Singapore. At the ... ( read original story ...)
Singapore to disburse S$940 million in wage credits by end-March
The government will co-fund 15% of qualifying wage increases given in 2017, 2018, 2019, and 2020 to more than 800,000 Singaporean employees. ( read original story ...)
Small businesses lagging behind larger peers in digitalisation
The UOB SME Outlook 2021 Study, published yesterday, was conducted from late November to early December among companies with revenue of less than $100 million. Its aim was to understand the rate of ... ( read original story ...)
Small businesses lagging behind in digital transformation: Survey
Small businesses are lagging behind their larger peers in digital transformation, a survey has found.. Read more at straitstimes.com. ( read original story ...)
Finxflo Announces Addition of Chief Compliance Officer Mark Hope to Growing Team
Finxflo has today announced that Mark Hope will join their rapidly expanding ranks as Chief Compliance Officer on 1 April 2021. He will be based in the company's Singapore headquarters, where he will ... ( read original story ...)
Singapore’s DBS Private Bank aims for 50% sustainable assets by 2023
Singapore’s DBS Private Bank has set a target of at least 50% of assets under management in sustainable investments by 2023, up from around 41% currently. The private banking arm of Singapore lender ... ( read original story ...)
Barclays, HSBC Among Banks That Must Defend Sibor Lawsuit
More than a dozen large banks including Barclays Plc and HSBC Holdings PLC must face a 2016 lawsuit alleging they manipulated benchmark interest rates. ( read original story ...)
High costs, cyber-security fears deter small firms from going digital, study shows
Small businesses make up 72 per cent of the companies polled that have not yet digitalised, according to a UOB survey.. Read more at straitstimes.com. ( read original story ...)
Singapore shares begin week in the red
Local shares began the week on a softer note as Covid vaccine availability, renewed pandemic-induced lockdowns in some countries and tense US-China trade talks continued to weigh on investor optimism. ( read original story ...)
Kalyan Jewellers IPO — Here is how to check share allotment status
Before the IPO opened up to the public, the Warburg Pincus-backed jewellery bigwig raised nearly ₹352 crore from 15 anchor investors including the Government of Singapore, Monetary Authority of ... ( read original story ...)
Laxmi Organics IPO allotment status: Here’s how to check
The initial public offering or IPO share allocation of the Laxmi Organics will be finalised on Monday, March 22. ( read original story ...)
SMEs that digitalised in 2020 earned more, have better 2021 outlook: UOB study
The UOB SME Outlook 2021 Study published on Monday found that ... This aligns with promising trends of doubled e-commerce spending in 2020 compared to 2019, and one in two Singapore consumers ... ( read original story ...)