A blank-check company from Singapore plans to acquire a Taiwan-based social-entertainment platform in what would be the first such acquisition in the city-state.
Unemployment support in Singapore likely to come with conditions such as skills upgrading: Economists
To prevent abuse of the system, unemployment benefits could be restricted to those who lost their jobs under involuntary circumstances and not due to poor work performance, economists say.
Singapore stocks end first trading day of Q4 in red, STI down 0.3%
Across the broader market, decliners outnumbered advancers 200 to 184, with 950.5 million securities worth $782.9 million changing hands Read more at straitstimes.com.
MAS working with DBS to find cause of PayNow disruption
The regulator is also following up on the bank's handling of affected customers and transactions. Read more at straitstimes.com.
Singapore picks up speed in digital asset, blockchain race as firms look to expand
In just the last two weeks, a number of tie-ups between Web3 and non-Web3 firms were announced. Read more at straitstimes.com.
Coinbase secures major payment institution license in Singapore
In a significant move for the cryptocurrency industry, Coinbase, a leading crypto exchange operator, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS).
Man, 74, loses $70k life savings to scammer who told him he ‘had a lot of wisdom and experience’
For six hours, a 74-year-old man chatted online with a friendly roast duck seller he met on Facebook, only to find his life savings almost wiped out soon after. Read more at stomp.straitstimes.com ...
Woman in S’pore loses over RM380,000 after downloading third-party app to buy durian tour ticket
A part-time bakery worker lost over US$81,000 (RM381,307 or S$111,000) to scammers who siphoned money from her two DBS bank accounts after infecting her Android phone with malware.
DBS keeps ‘buy’ call on Singtel following long-awaited divestment of loss-making Trustwave
According to Singtel, the divestment is expected to be completed by the fourth quarter and will not have a material impact on its FY2024 ending March 2024. In its Oct 2 note, DBS points out that ahead ...
Battambang courts agro investment from Singapore
Battambang provincial governor Sok Lou highlighted the region’s agricultural potential, especially its quality rice, in his recent meeting with Singaporean ambassador Teo Lay Cheng. Lou encouraged ...
UOB warns against fake invitation to meet Taylor Swift
UOB has issued its latest scam alert to warn its consumers against a fake invitation to a meet-and-greet session with global pop star Taylor Swift.
Seatrium unit bags US$500m facility with a sustainability-linked conversion option
Standard Chartered Bank issued the facility. Estaleiro Jurong Aracruz (EJA), a wholly-owned subsidiary of Seatrium Limited (Seatrium), clinched a US$500m facility from Standard Chartered Bank ...
Seatrium secures US$500 mil facility with a sustainability-linked conversion option
The new facility includes a sustainability-linked conversion option that’s aligned with sustainability-linked loan principles.
Seatrium unit secures US$500 million sustainability-linked facility
SEATRIUM’S wholly-owned subsidiary Estaleiro Jurong Aracruz has refinanced an existing loan due December 2023 with a new US$500 million facility from Standard Chartered Bank (Singapore). The facility ...
Seatrium in half a billion-dollars refinancing deal
Seatrium’s wholly owned Brazilian subsidiary Estaleiro Jurong Aracruz (EJA) has secured a $500 million facility with a sustainability-linked conversion operation.
Versatile, ‘safe haven’ asset: What you should know before investing in gold
The precious metal, which can be held via the UOB Gold Savings Account, is more than just a reliable store of value. Read more at straitstimes.com.