Financial institutions will be expected to bear the full losses incurred by customers in phishing scams if they are found to have breached proposed ...
Financial institutions, then telcos in Singapore accountable to scam victims if found negligent under planned framework
Mobile phone networks that don’t enforce security protocols will have to reimburse victims of certain phishing scams – a ruling that already applies to financial institutions.
J.P. Morgan targets non-US expansion with eye on unicorns in Singapore
The move could yield opportunities to continue serving such start-ups as they mature and grow. Read more at straitstimes.com.
Singapore jails woman who used boss’s credit card to go on US$26,000 shopping spree
Jocelyn Lee Sock Hui, 28, felt unappreciated by her boss so she used his credit card details to buy thousands of dollars of goods for herself online, a court heard.
Singapore’s ION Mobility to invest US$15 million in Indonesia electric vehicle market
JAKARTA] Ion Mobility, a Singapore-based electric vehicle (EV) startup, will invest US$15 million over the next three years to expand its presence in Indonesia, its founder and chief executive James ...
75% of Singapore SMEs mull ditching banks for payment needs
SMEs in Singapore complained of lengthy processing and settlement times. About 3 in 4 (75%) of small and medium enterprises (SMEs) in Singapore said that they are ready to switch away from traditional ...
Singapore Bourse May Reclaim 3,100-Point Plateau
The Singapore stock market on Tuesday wrote a finish to the four-day slide in which it had stumbled more than 115 points or 3.8 ...
Singapore’s IPO scene under threat from US, Australia
On many levels, Singapore and Hong Kong have been fierce competitors more so this year in the IPO scene. Experts, however, suggest that Singapore shifts its focus to emerging challengers: the United ...
Offshore wind recruitment firm targets Singapore IPO
Sheffield Green, a Singapore-based firm specialising in offshore wind industry recruitment, plans to list in the city state later this month via an initial public offering (IPO). The company is ...
Why are accounting and finance professionals in SG leaving their employers?
A quarter (25%) of professionals plan to leave their employers in the next 12 months. Accounting and finance professionals in Singapore and throughout the Asia-Pacific region are leaving employers at ...
Jail for former Singapore admin assistant who misused boss’ credit card for S$36,000 shopping spree out of anger at him
Feeling unappreciated by her boss, a former administrative assistant decided to use his credit card details to go on an online shopping spree where ...
Singapore aiming to have second liquefied natural gas terminal by end of decade
A second terminal will better allow Singapore's demand for natural gas to be met by liquefied natural gas, which is less restrictive in terms of storage and transportation than its gaseous form.
Singapore LNG to develop second liquefied natural gas terminal: Lawrence Wong
SINGAPORE LNG Corporation (SLNG) will develop and operate the second liquefied natural gas (LNG) terminal in Singapore, 10 years after the first terminal started commercial operations. Read more at ...
Anti-scam measures by retail banks averted losses of $57.6m, says banking industry body
Anti-malware tools by banks have shielded customers from further losses of at least $18.6 million. Read more at straitstimes.com.
Anti-scam measures by retail banks have averted losses of $57.6m, says banking industry body
Anti-malware tools by banks have shielded customers from further losses of at least $18.6 million. Read more at straitstimes.com.
Singapore central bank consults on regulatory structure for fund managers
The Monetary Authority of Singapore (MAS) launched on Tuesday a public consultation exercise regarding its plans to streamline the regulatory framework for fund managers. The move comes as global ...