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Posted on 23/02/2024

Affected by the closure of CPF Special Accounts? Here’s what you can do, according to finance experts

Mr Loo Cheng Chuan, founder of the 1M65 movement, says two existing provisions in the CPF system cushion the impact of the announcements made at Budget 2024.

Posted on 23/02/2024

OCBC set to provide financial support for 14,000 junior employees

The Oversea-Chinese Banking Corporation (OCBC) has announced that it will be providing one-off support to its junior employees across the bank and its subsidiaries such as Bank of Singapore, OCBC ...

Posted on 23/02/2024

UOB’s Q4 profit beats forecasts; junior staff to get one-off bonus to cope with rising living costs

SINGAPORE: UOB on Thursday (Feb 22) cut its 2024 loan growth projections to low single-digits from mid-single digits after posting a stronger-than-forecast 22 per cent jump in fourth-quarter net ...

Posted on 23/02/2024

Finnish businessman still interested in Inter Milan despite Singapore troubles

Finnish businessman Thomas Zilliacus said on Thursday he remained interested in bidding for Italian soccer club Inter Milan despite a warrant for his arrest issued by police in Singapore that he ...

Posted on 23/02/2024

Singapore Uses Fake News Law on Opposition Politician, TikTok

Singapore’s government has deployed a fake news law against a prominent opposition politician for his comments about public housing policies, the latest use of the contentious legislation that has ...

Posted on 22/02/2024

Singapore Airshow: Chinese officials make investment pitches in C919’s afterglow

After China’s home-grown C919 made its international debut at the Singapore Airshow, government officials have taken the opportunity to sell the country’s aviation industry as a ripe destination for ...

Posted on 22/02/2024

Multinationals Pick Singapore Over Hong Kong for Asian Headquarters

The city state hosted regional headquarters for 4,200 multinational firms in 2023, extending its lead and dwarfing the 1,336 found in Hong Kong, its main rival, according to a Bloomberg Intelligence ...

Posted on 22/02/2024

Singapore green jet fuel target ignites regional market interest, but sourcing concerns remain

said Singapore’s SAF plans creates “a lot of room” for mutual learning and support between the two countries. “If we can find a way to collaborate on the technology, research and business aspects, it ...

Posted on 22/02/2024

Singapore is boosting its broadband for AI and autonomous vehicles

The Singapore government last June laid out a years-long Digital Connectivity Blueprint to ensure its digital infrastructure is ready for future technologies. The roadmap encompasses physical ...

Posted on 22/02/2024

Who is Thomas Zilliacus, the ex-YuuZoo CEO who eyed Man United and now wanted in Singapore?

In 1980, he became Nokia’s corporate communications global head, before moving to Singapore in 1986 to spearhead the company’s Southeast Asia branch. After he left Nokia, Mr Zilliacus founded Mobile ...

Posted on 22/02/2024

Alibaba Cofounder Jack Ma’s Wife Bought $37 Million Worth Of Property In Singapore, Report Says

Z hang Ying, the wife of Chinese billionaire Jack Ma, bought three properties in Singapore for a total of up to S$50 million ($37 million), according to a report by local business newspaper the ...

Posted on 22/02/2024

More multinationals are picking Singapore over Hong Kong to set up Asia hubs

Singapore and Hong Kong’s crypto goals on track despite US Bitcoin ETFs launch Hong Kong codified its position as mainland China’s finance centre by containing political protests and adhering to the ...

Posted on 22/02/2024

Naira Will Bleed If We Don’t Clamp Down On Crypto Platforms — Onanuga To CBN, EFCC

The Monetary Authority of Singapore also banned Singaporean investors from accessing ... should not be allowed to dictate the value of the Naira, not on its crypto exchange platform. “Other crypto ...

Posted on 22/02/2024

Fallen crypto mogul Do Kwon could face heavy sentence in US

Extradition decision comes 11 months after Kwon's arrest in MontenegroTerraform Labs co-founder Do Kwon, who was apprehended in Montenegro over his alleged involvement in a $40 billion cryptocurrency ...

Posted on 22/02/2024

Chinese planemaker COMAC upstages Airbus and Boeing at Singapore Airshow

Chinese state-owned planemaker COMAC upstaged industry leaders Airbus and Boeing at the Singapore Airshow this week, showing off its self-developed C919 and ARJ21 jets as it pursues international ...

Posted on 22/02/2024

Singapore’s green jet fuel mandate faces cost, supply headwinds

Demand for sustainable aviation fuel (SAF) should see a long-sought boost after regional airline hub Singapore said it would require SAF on flights from 2026, but high costs and uncertain raw material ...

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