“Without debt restructuring measures, household debt is predicted to remain at around 84 per cent of GDP by 2027, posing risks to household consumption and economic recovery,” it said, adding that the ... ( read original story ...)
Frasers Property posts ‘steady’ operational performance in Singapore
Its commercial portfolio occupancy grew for the fifth consecutive quarter. Frasers Property reported a “steady” operational performance in its Singapore assets in the nine months of the financial year ... ( read original story ...)
DBS to boost investments, hiring in China’s Greater Bay Area
DBS Group Holdings, Southeast Asia’s largest bank, will increase investment and hiring in China’s Greater Bay Area as it expects growth in the region to outpace the rest of the country, according to ...
Investors from Mauritius, Singapore, Cyprus under Taxman’s lens for CCD gains
Foreign investors from Mauritius, Cyprus and Singapore have been on the receiving end of a number of notices for gains from investment in fully or compulsorily convertible debentures (CCDs) issued by ...
Singapore Police Arrest Man Who Stole 500 Pokemon Cards
"The man was found in possession of an opened box of Pokemon cards that did not belong to him," the Singapore Police Force said in a Facebook post on Monday. The remaining Pokemon cards were stolen on ...
Half of fintech investments in SEA are from Singapore – Robocash
Indonesia comes second with $20.8b. Singapore led in terms of fintech investments amongst Southeast Asian countries with $31.3b, according to a Robocash Group analysis. Indonesia comes second with $20 ...
‘Not fair for OCBC to do this suddenly’: Customers annoyed by bank’s new security feature
A new security feature was intended to protect customers but has infuriated them instead. OCBC customers are upset that they cannot use the bank's app unless they delete other apps on their phones ...
Key Singapore bank UOB moves to cut off Myanmar
In a confidential note sent to Myanmar banks last week, United Overseas Bank said it would restrict all incoming and outgoing payments to and from Myanmar accounts, allowing funds to be moved only ...
DBS to increase investments, hiring in China’s Greater Bay Area
Business from Chinese clients at DBS' Hong Kong and Singapore operations have seen double digit growth in the last few years. Read more at straitstimes.com.
Adani Enterprises weighs exiting $8 billion venture with Singapore’s Wilmar: Sources
Adani and Wilmar’s stakes together account for nearly 88 per cent of Mumbai-listed Adani Wilmar. Read more at straitstimes.com.
Aqua Keep: Sumitomo Seika Singapore’s secret to superabsorbent success
The company’s phenomenal water-absorbing capability has revolutionary impact on hygiene, subsea cables, and more ...
Mirxes advances RNA technology to diminish the economic burden of cancer
Pushing the boundaries of science and technology is critical to the future of healthcare. In the fight against cancer, the crucible lies in early detection of the disease, which has led to the death ...
Singapore fintech sector gets timely cash injection
The financial sector of Singapore will receive a boost to its technology and innovation efforts with support from a renewed scheme that will inject up to S$150mil (US$111mil) in grants for projects.
Singapore Minister Recovering After Surgery on Blocked Artery
Singapore’s Second Minister for Law Edwin Tong is recovering from surgery after doctors discovered a severely blocked artery in a routine medical check up.
18% of recent COVID-19 community cases in Singapore infected by EG.5 Omicron subvariant
There is no significant increase in severity or deaths from the EG.5 Omicron subvariant compared with other circulating strains, says the Ministry of Health.
Singapore wealth management platform Endowus raises $35M
Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.