Grab Holdings Ltd’s upstart digital bank has started accepting larger deposits in Singapore, suggesting the city-state’s regulator has raised the limit it had previously placed on the company.
The pink tax and other invisible taxes Singapore women ‘pay’: What you didn’t know about gender inequality
Painkillers, shavers, dry-cleaning, healthcare premiums and more. Women pay extra for all these, while earning less than men generally. CNA Women uncovers what the pink tax and other unseen costs are ...
What Taylor Swift tells us about Singapore vs Hong Kong
Swift, like Harry Styles and Coldplay, is performing in Singapore but skipping Hong Kong for next year’s international tour. The American pop star — who performed in the Chinese special administrative ...
Singapore firms’ tech spending expected to rise as AI gains traction
S'pore’s tech spending is expected to surge despite the Govt cutting back its infocomm budget. Read more at straitstimes.com.
US alternative manager Ares buys Singapore’s Crescent Point Capital
US alternative investment firm Ares Management Corporation is acquiring Crescent Point Capital, a Singapore-based private equity manager with US$3.8 billion of assets, in a move to capitalise on ...
Singapore seeks green power imports elsewhere
Indonesia may forgo a chance to export electricity as Singapore looks to other ASEAN countries and Australia, which seem to be more ready to supply the city state with clean power.
Singapore bank startups lift deposit caps in sign of opening
Digital bank startups backed by Sea Ltd. and Grab Holdings Ltd. have started accepting larger deposits in Singapore, suggesting the city state s ...
Former GIC chief investment officer Ng Kok Song announces bid to run for President
Ng Kok Song, 75, highlighted his credentials of being involved in building up Singapore’s reserves when he was at GIC and the Monetary Authority of Singapore.
Singapore’s two digital banks opening up to new customers, raising deposit caps to $75,000
GXS Bank, the digital lender backed by Grab and Singtel, has opened up its flagship savings account to new customers on a first-come, first-served basis. It also raised the deposit cap to $75,000 per ...
Chinese EV giant BYD to assemble Singapore electric scooter
SINGAPORE – Home-grown electric scooter company Scorpio Electric has contracted China’s BYD group to assemble its first product, the X1, in Shenzhen.
GXS Bank makes savings account available to all eligible individuals, increases deposit cap to $75,000
SINGAPORE – GXS Bank, the digital lender backed by Grab ... had to limit applications for their savings accounts. Trust Bank – backed by Standard Chartered and FairPrice Group – holds a full bank ...
Will Singapore’s national taxonomy pave the way for a harmonisation of green standards in Asia?
In Asia, where many carbon-intensive industries still operate, there is a huge opportunity for transition financing. The Singapore-Asia Taxonomy is expected to provide clearer definitions for a ...
Former GIC investment chief Ng Kok Song announces bid for Singapore presidential election
"I have never been a political figure – my work has been professional and low-key," said Mr Ng. Read more at straitstimes.com.
An Introduction to Doing Business in Singapore 2023 – New Publication from Dezan Shira & Associates
An Introduction to Doing Business in Singapore 2023 is now available for free download. Read on to learn more.
Singapore Opposition Lawmaker Quits as Political Scandals Mount
Singapore’s main opposition party announced that lawmaker Leon Perera resigned following an affair with a colleague just days after two ruling party members of parliament stepped down over a similar inappropriate relationship.
Singapore crowned world’s most powerful passport as UK jumps to fourth
Residents of Singapore possess the world’s most powerful passport, a new report has revealed, while Britain has jumped from sixth to fourth place. The yearly ranking by Henley & Partners, a citizenship and planning firm, takes into account how many ...