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Posted on 30/12/2023

35-year-old man asks, “Is it too late to start investing?” after inflation freaks him out

SINGAPORE: A 35-year-old man took to social media to ask whether it was too late... The post 35-year-old man asks, “Is it too late to start investing?” after inflation freaks him out appeared first on ...

Posted on 30/12/2023

DBS to raise stake in China’s Shenzhen Bank

DBS Group Holdings said on Friday it was raising its stake in China's Shenzhen Rural Commercial Bank in a S$376 million ($284.72 million) deal, as it looks to tap into growing opportunities in the ...

Posted on 29/12/2023

Don’t click: Police urge caution after bank impersonators scam 103 people of S$161,000

SINGAPORE: The Singapore Police Force (SPF) once again warned members of the public on Friday (Dec 29) about the resurgence of phishing scams involving the impersonation of banks through spoofed SMSes ...

Posted on 29/12/2023

Singapore Branch of Andrey Elinson’s Firm Inweasta Reports 43% Increase in Total Assets Under Management for 2023

Andrey Elinson said 2023 presented both challenges and opportunities. Despite fluctuating markets and geopolitical tensions, we've capitalized on key growth areas, particularly in distressed asset man ...

Posted on 29/12/2023

Singapore PM Lee warns of ‘very convincing’ deepfakes in ‘spreading disinformation’ after fake video of him emerges

Referring to a fake video of him endorsing cryptocurrency, Lee warns the 'use of deepfake technology to spread disinformation will continue to grow'. As deepfakes would become more realistic with time ...

Posted on 29/12/2023

Procurri Singapore enters 30-month tenancy agreement for $1.4 mil

Under the agreement, Procurri Singapore will pay Exeo Global a total rent of not more than $1.4 million for the term that expires on June 30, 2026. The premises at 8 Aljunied Avenue 3, The Pulse ...

Posted on 29/12/2023

20 weeks’ jail for man who used fake Malaysian passport after thinking he was wanted by Singapore police

SINGAPORE: Assuming that he was wanted by the police for his involvement in a gang fight, a Singaporean man left for Malaysia. He later got a fake Malaysian passport which he used to visit family in ...

Posted on 29/12/2023

103 victims affected by bank impersonation scams in December

SINGAPORE - More than 100 people have fallen prey to a bank impersonation scam in December. The 103 victims, who lost a total of at least $161,000, were duped by scammers who spoofed bank SMSes in ...

Posted on 29/12/2023

UOB cardholders spent money on retail purchases in 2023 like pre-pandemic times

UOB cardholders have been spending money on retail purchases in 2023 like it was pre-pandemic times. This was the latest finding by the bank in its year-end wrap-up analysing consumer spending trends.

Posted on 29/12/2023

Seatrium subsidiary secures $500 mil revolving credit facility from DBS, HSBC and Standard Charted

The loan facility will provide additional funding and liquidity to Seatrium, increasing its financial flexibility.

Posted on 29/12/2023

4 young men arrested for bringing vapes into Singapore

Four men aged between 16 and 24 were detained for their suspected involvement in importing electronic vaporisers into Singapore via Tuas Checkpoint. The Singaporeans currently are being investigated, ...

Posted on 29/12/2023

Singapore stocks end last trading day of 2023 in the black; STI up 0.8%

It was a mixed bag of results for the rest of the stock markets around the region. Read more at straitstimes.com.

Posted on 29/12/2023

Vietnamese student jailed in Singapore for stealing from Apple

Vietnamese student Le Viet Hoang has been sentenced to an 11-month jail term in Singapore for stealing electronics worth over SG$41,000 (US$31,100) from a statutory board and Apple.

Posted on 29/12/2023

Singapore PM reacts to viral deep fake videos of him endorsing crypto scams

The Prime Minister revealed awareness of multiple videos falsely promoting cryptocurrency scams, with Deputy Prime Minister Lawrence Wong also being a target. One manipulated video, titled 'Leaders ...

Posted on 29/12/2023

Singapore’s biggest social media stories of 2023: from Jocelyn Chia’s MH370 joke to ‘girl math’

A Singapore-raised comedian's bad-taste joke about the ill-fated Malaysia Airlines flight almost caused a diplomatic incident this year Read on for more social media stories that set tongues wagging in the city state,

Posted on 29/12/2023

Singapore, Malaysia to raise consumption tax amid inflation fears

Some of Southeast Asia will see consumption taxes rise in early 2024, as countries such as Singapore and Malaysia move to broaden their financial base to support their aging populations and close holes in their budgets.

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