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Tag: finance

Posted on 02/03/2024

US ambassador to Singapore under scrutiny for poor ties to ministries, questionable spending, poor management

PRESIDENT Joe Biden’s ambassador to Singapore threatened staff, wasted money and poorly promoted US interests, according to an internal watchdog report released on Friday (Mar 1). Read more at The ...

Posted on 02/03/2024

Woman took mentally impaired man to bank and took $800k

This serves as a cautionary tale that financial abuse of vulnerable people is often very hard to detect. Read more at straitstimes.com.

Posted on 02/03/2024

Singapore to invest up to S$500m in high performance computing hardware to support AI innovation

Singapore will invest up to S$500 million into high performance computing hardware to support artificial intelligence innovation. The government has announced a slew of measures to help local ...

Posted on 02/03/2024

Committee of Supply 2024 debate, Day 3: Gan Kim Yong on driving Singapore’s long-term economic growth

Even as Singapore tackles near-term economic challenges, it must invest in its longer-term future and economic growth. It aims to achieve this by leveraging its trade networks, spearheading the ...

Posted on 01/03/2024

Singapore to boost tourism with 300 mln investment

SINGAPORE, March 1 (Xinhua) -- The Singaporean government will provide more than 300 million Singapore dollars (223 million U.S. dollars) to intensify competition in the tourism sector, Alvin Tan, ...

Posted on 01/03/2024

Singapore to increase investment for deep technology development

The Singaporean government will provide more resources to promote development in semiconductors nucleic acid medical instruments and robots Second ...

Posted on 01/03/2024

Singapore to pump $300 million into tourism as part of broader economic plan

The $300 million will help develop new experiences and enhance existing attractions. Read more at straitstimes.com.

Posted on 01/03/2024

Can Singapore’s $1 Billion AI Commitment Secure Its Position as a Global Leader?

In a strategic move to secure its workforce’s future and maintain its global competitiveness, Singapore has unveiled ambitious plans to bolster its capabilities in artificial intelligence (AI).  ...

Posted on 01/03/2024

More support for mid-career workers, ITE graduates as part of Govt’s $300k lifetime investment in each S’porean student

SINGAPORE — Many Singaporeans worry that the system only ... as he outlined the Government’s efforts to invest more in individuals through a lifetime journey of education and upskilling. In total, ...

Posted on 01/03/2024

Illiterate or experienced? 70-year-old man sues Citibank for depositing over $1m in joint account with ex-wife

A tyre workshop owner who handed more than $1 million in cheques to his Citibank relationship manager has sued the bank for not following his instructions on what to do with the money.In court papers ...

Posted on 29/02/2024

Tyre workshop owner sues Citibank, alleging breach of instructions over more than $1m

He alleged that the cheques were wrongly deposited into a joint account with his ex-wife. Read more at straitstimes.com.

Posted on 29/02/2024

Man jailed 15 months over phishing scams involving OCBC customers

SINGAPORE: A man linked to phishing scams that caused hundreds of OCBC Bank customers to lose around S$12.8 million in total was sentenced to a year and three months’ jail on Feb 29. Jovan Soh Jun Yan ...

Posted on 29/02/2024

Singapore card rewards with fractional shares

Online brokerage firm Tiger Brokers (Singapore), in partnership with WISE Platform, has unveiled its Tiger BOSS debit card that is the first debit card in Singapore that enables users to earn ...

Posted on 29/02/2024

CapitaLand Investment posts resilient FY 2023 Cash PATMI of S$781 million

Core dividend of 12 Singapore cents2 per share proposed Targets to double funds under management to S$200 billion in five years Singapore - February 28, 2024 — CapitaLand Investment (CLI) posted a ...

Posted on 29/02/2024

Over 61,000 Money Lock accounts in Singapore with total savings of over S$5.4 billion set up since Nov 2023

thus limiting the amount a customer may lose should their digital banking access be compromised. The feature is currently offered by DBS, UOB and OCBC and will be rolled out by other major retail ...

Posted on 29/02/2024

With over 30 years in China, DBS Bank eyes China’s long-term opportunities

With more than 30 years of operations in China, the Singapore-based DBS Bank is eyeing long-term opportunities in the country, especially in the Greater Bay Area (GBA), CEO of DBS China Ginger Cheng ...

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