SINGAPORE: Even as Singapore opens its door to more foreign talents and investments, the Government will ensure that growth remains inclusive, said Deputy Prime Minister Lawrence Wong on Wednesday ... ( read original story ...)
Indian-Origin Director In Singapore Fined For Faking Export Statements
An Indian-origin former director of a company, which exports scraps to India, was fined SGD 558,000 for faking statements on the export of some SGD 9.72 million worth of goods, to benefit from ... ( read original story ...)
Singapore’s forgotten EVs, Part 2: The Vanda Dendrobium, our first hypercar
What could have been our first hypercar. Zero to 100km/h in less than three seconds. An eye-watering price tag of more than $2 million. Exclusivity - in the guise of a production run capped around 10 ... ( read original story ...)
Singapore to have first hydrogen-ready power plant ready by June 2026
SINGAPORE will have its first hydrogen-ready power facility Keppel Sakra Cogen Plant, following a final investment decision by Holdings Ltd, via its wholly o ... ( read original story ...)
Singapore launches DLT-backed funds settlement system
The Singapore Funds Industry Group (SFIG), a public-private partnership between the Monetary Authority of Singapore (MAS) and funds industry stakeholders, has launched Fundnode, an industry-wide ... ( read original story ...)
UOB joins OCBC and DBS in raising rates on its savings account
UOB and OCBC customers will get higher interest rates on their savings accounts as local banks fight for market share. Read more at straitstimes.com. ( read original story ...)
Ex-director fined $558,000 for falsifying statements on export certificates: Customs
He faked the documents on some $9.72 million worth of goods, to benefit from preferential tariff treatment. Read more at straitstimes.com. ( read original story ...)
Multidisciplinary talent needed as Singapore develops world’s largest automated port
MaritimeOne scholarships and 12 TMSS for maritime studies were awarded this year. Read more at straitstimes.com. ( read original story ...)
ONE Championship lays groundwork for a US IPO – ‘the next step is going global,’ says CEO Chatri Sityodtong
Hosting live events in Qatar, Europe and North America ‘are all in the plans for the next 12 months’ says CEO Chatri Sityodtong, with plans to establish studios and regional headquarters in Doha. ( read original story ...)
Singapore MAS calls wholesale FX market participants and counterparties to adhere to FX Code
"MAS strongly encourages all wholesale FX market participants in Singapore as well as all its counterparties to adhere to the latest version of the Code, in order to promote the integrity and ... ( read original story ...)
Grab-Led GXS Bank Launche First Digital Product In Singapore
GXS Bank, the digital bank joint venture between Malaysian ride hailing firm Grab Holdings and Singaporean telecommunication operator Singtel, unveiled its first financial product on Wednesday, almost ... ( read original story ...)
Jail for offender who helped man obtain bank loan by submitting forged payslips
Ng Jia Hao was sentenced to nine months' jail after he admitted to engaging in a conspiracy with at least three other men to cheat the bank. Read more at straitstimes.com. ( read original story ...)
OCBC raises 360 account interest rates for the first time since 2021
The "Spend" category was removed from the 360 account in July 2020, according to The Straits Times. This marks the first time OCBC has raised interest ... ( read original story ...)
UOB joins local banks in raising interest rates for savings accounts
UOB’s move comes on the heels of a similar announcement by OCBC this week amid a rising interest rate environment. ( read original story ...)
Crazy rich relocations: Singapore becomes a haven for Chinese elite
Beijing’s talk of ‘going after the entrepreneurs’, its draconian Covid lockdowns and a growing hostility to China from the west all make the city-state an attractive place to reside ... ( read original story ...)
Resumption of Malaysian chicken exports: Supply stability, high prices remain concerns for consumers, businesses
Some chicken rice stall owners here fear that the move does not mean a guaranteed supply. Read more at straitstimes.com. ( read original story ...)