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Posted on 08/08/2024

Singapore has ‘very limited role’ to play in Middle East conflict: Vivian Balakrishnan

The Foreign Affairs Minister was responding to a parliamentary question asking if Singapore had plans to bring different factions together.

Posted on 08/08/2024

OCBC Securities’ ‘formidable’ A.I. Oscar outperformed human traders in internal challenge

Staff from OCBC Securities participated in the six-week internal competition to beat the new A.I. Oscar stock-picker tool.

Posted on 08/08/2024

DBS chief Piyush Gupta to retire in March 2025; veteran banker Tan Su Shan to take over

SINGAPORE – DBS Bank chief executive Piyush Gupta will retire ... while I focus on making sure that we can deliver this year.” Ms Tan recounted that POSB was her first bank account, and DBS was where ...

Posted on 08/08/2024

Data unrecoverable on ‘small fraction’ of student devices affected by Mobile Guardian issues: MOE

Information on personal learning devices that were backed up on the cloud can be fully restored, and students who are sitting for their national examinations this year will be prioritised, says the ...

Posted on 07/08/2024

Ola Electric IPO Day 3 highlights: Ola IPO GMP trends downwards on third day of bidding; issue booked 4.27x so far

Ola Electric Mobility IPO was fully subscribed on the second day of bidding. The issue received bids of 49,43,85,840 shares against the offered 46,51,59,451 equity shares, at a price band of ₹72-76, ...

Posted on 07/08/2024

Trump’s Overtures to US Crypto Sector Put Global Hubs on Alert

Aspiring crypto hubs including Hong Kong, Singapore and Dubai face a more challenging outlook as a brightening US political backdrop for digital assets attracts the attention of companies and ...

Posted on 07/08/2024

HashKey Capital will Premiere World’s First Crypto-Themed Drama, “Decode: Legacy,” during Token 2049.

Amid market volatility, HashKey Capital has attempted to return to crypto’s origins through theatrical art to clash with crypto culture. The entity intends to restore crypto’s spirit and value while ...

Posted on 07/08/2024

Singapore stocks end four days of losses; STI closes 1.6% higher

The welcome turnaround, sparked in large part by a solid rebound on Wall Street overnight, propelled the Straits Times Index (STI) up 1.6 per cent or 51.28 points to 3,249.72. Gainers trounced losers ...

Posted on 07/08/2024

Reddit post claims MOE warned of Mobile Guardian vulnerability 2 months before hack

Following a recent hack of MOE’s Mobile Guardian app affecting 13,000 students, a Redditor revealed that he had alerted MOE to security vulnerabilities two months ago. He expressed disappointment over MOE's lack of action despite multiple emails.

Posted on 07/08/2024

Over 13,000 phones wiped clean as cyberattack cripples Mobile Guardian

The mobile device management firm has temporarily halted its services to contain the damage and is “investigating the breach.”

Posted on 07/08/2024

Singapore banks see wealth fees surge as rich step up trading

SINGAPORE’S biggest banks are reaping benefits from the rich’s appetite to shift assets and trade in the Asian wealth hub, which have boosted the lenders’ earnings. Read more at The Business Times.

Posted on 07/08/2024

Are Indian spices not banned in Singapore, Hong Kong? Here’s the truth

Early this year, specific batches of Indian spices were recalled in Singapore and Hong Kong after excess ethylene oxide, a carcinogen, was found. The Ministry of Commerce clarified that it was not a ...

Posted on 07/08/2024

Mainland China’s demand for warehouses plunges as Singapore’s surges: Knight Frank

The sluggish mainland China economy weighed on demand for logistics space in Shanghai and Beijing, while Singapore’s warehouse rents rose 10.8 per cent. Hong Kong saw 3.3 per cent rent growth.

Posted on 07/08/2024

Unlocking the Potential of Corporate Gifts in Singapore

In Singapore’s vibrant business scene, corporate gifts have transformed from simple tokens of appreciation into strategic assets that can significantly impact client relationships, brand perception, ...

Posted on 07/08/2024

Industry event Semicon Southeast Asia, held in Malaysia since 2015, returns to Singapore next year

GLOBAL supply chain and electronics manufacturing event Semicon Southeast Asia will be returning to Singapore in 2025 for its 30th anniversary, after having been held in Malaysia since 2015. Read more ...

Posted on 07/08/2024

Singapore’s DBS says insider Tan Su Shan to succeed Piyush Gupta as CEO

Singapore's DBS Group on Wednesday said Tan Su Shan, currently the firm's head of institutional banking, will succeed Chief Executive Piyush Gupta upon his retirement in March 2025.

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