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Posted on 03/07/2023

Singapore’s MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End

The MAS has also restricted crypto service providers from facilitating lending and staking of tokens by their retail customers.

Posted on 03/07/2023

Singapore’s OCBC expects to deliver $2.2 billion in extra revenue by 2025

OCBC said its expectation was an outcome of unifying its brand across its core markets of China and Southeast Asia to capture the growth opportunity there.

Posted on 03/07/2023

Singapore Supermarkets Start Charging for Plastic Bags

Beginning Monday, around 400 outlets — or two-thirds of all supermarkets in Singapore — are required to charge shoppers at least S$0.05 ($0.04) for each disposable bag. The fee applies to bags of any ...

Posted on 03/07/2023

Singapore’s bank OCBC to deliver $2.2 billion extra revenue by 2025

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it expects to deliver an additional revenue of S$3 billion ($2.22 billion) by 2025, after it posted a record first-quarter profit in May.

Posted on 03/07/2023

Singapore sees highest number of suicide deaths since 2000, with 478 cases in 2022

Singapore reported 476 suicides in 2022, a 25.9 per cent rise from 2021 and the highest recorded suicide deaths since 2000, said the Samaritans of Singapore.

Posted on 03/07/2023

Long work hours and poor work-life balance threaten health of Singapore’s young professionals

Long work hours among young adults hinder healthy behaviors, impacting population health. Understanding these barriers is crucial for targeted health promotion efforts.

Posted on 03/07/2023

Singapore’s monetary authority appoints new chairman

The Monetary Authority of Singapore (MAS) announced on Monday that Deputy Prime Minister and Minister for Finance Lawrence Wong will be appointed chairman of the MAS Board of Directors effective Saturday.

Posted on 03/07/2023

The new Michelin list for Singapore just dropped, so now there are more places we’ll never be able to eat at again

"Frankly, they should just stick to what they're good at. Let Singaporeans judge our own food," famed Singaporean food critic KF Seetoh, told Insider.

Posted on 03/07/2023

Singapore private home prices fall for first time in three years: URA flash estimates

SINGAPORE: Private home prices in Singapore fell for the first time in three years, dropping by 0.4 per cent in the second quarter of 2023, according to flash estimates released by the Urban ...

Posted on 03/07/2023

Singapore’s Star Banker Creates a Succession Dilemma for DBS

Piyush Gupta has led one of Singapore’s most iconic institutions, the bank that helped turn the Southeast Asian city-state into one of the richest countries in the world.

Posted on 03/07/2023

WEEKLY ROUND-UP: Sports happenings in Singapore (26 Jun-2 Jul)

Here is a round-up of sports events and developments in Singapore in the past week (26 June to 2 July): Singapore Premier League (SPL) club Lion City Sailors have appointed Aleksandar Ranković as ...

Posted on 03/07/2023

Singapore stocks open higher on Monday tracking global gains; STI up 0.2%

SINGAPORE stocks started the week in positive territory, after markets in the US and Europe closed higher on Friday (Jun 30). Read more at The Business Times.

Posted on 03/07/2023

Charles Yeo’s allegations on career progression of Minister Shanmugam’s son geoblocked in Singapore

Singaporean asylum seeker Charles Yeo's allegations regarding the career progression of Minister Shanmugam's son have unexpectedly been geoblocked in Singapore, sparking further controversy in the ...

Posted on 03/07/2023

Analysis: Big concert acts will boost Singapore’s tourism and related sectors, have little impact on inflation

From Coldplay to Taylor Swift, Singapore will be seeing a slew of headline acts visiting its shores next year. Amid the frenzy to secure tickets, ...

Posted on 03/07/2023

Singapore is the most expensive city for a life of luxury, according to a new ranking. 2 US cities make the top 10.

Rent, house prices, school fees, taxes on cars, and other living expenses are all pricey in Singapore, according to the Julius Baer analysis.

Posted on 03/07/2023

Singapore’s upcoming rules on crypto sector may hit some providers hard: Sources

SINGAPORE – Life is about to become harder for cryptocurrency firms in Singapore, particularly those that are licensed or trying for one and still run operations that will flout impending new rules by the regulator.

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