The Monetary Authority of Singapore (MAS) has cooperated with banks to seek solutions on quantum security in finance sector.
Singapore: DBS Bank Unveils First Multi-Currency Commercial Debit Card
Singapore’s DBS Bank, in partnership with Visa, unveiled its first multi-currency commercial debit card, the DBS Business Advance+ Card (BAC+), designed to bolster the financial operations of ...
Singapore Addresses Concerns About $1.7 Billion Allianz Deal
(Bloomberg) -- Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would be held to account on its commitments and that the ...
Special Economic Zone may help stem exodus of Malaysians seeking work in Singapore: Johor chief
Johor's chief said that salary was among the main reasons for people to seek employment in Singapore. Read more at straitstimes.com.
Singapore private residential stock up 0.4% to 412,002 units in Q2
Three 99-year leasehold condominium projects developed on government land sales (GLS) sites—namely, Clavon at Clementi Avenue 1 (640 units), Midtown Bay on Beach Road (219 units), and One-North Eden ...
Top Stock Market Highlights of the Week: StarHub, Genting Singapore and Singapore Technologies Engineering
Welcome to this week’s edition of top stock market highlights. StarHub released its earnings ... while looking to diversify its customer base and regional presence. Genting Singapore also released its 1H 2024 earnings and delivered a strong set of ...
The Week Ahead: Trade and inflation data, EPB’s IPO debut in focus
This article first appeared in The Edge Malaysia Weekly on August 19, 2024 - August 25, 2024Malaysia kicks things off on Monday with the release of July’s external trade numbers, where UOB Global ...
COSCO SHIPPING International (Singapore) First Half 2024 Earnings: EPS: S$0.001 (vs S$0.001 in 1H 2023)
Net income: S$2.28m (up 16% from 1H 2023). Profit margin: 2.8% (up from 2.2% in 1H 2023). The increase in margin was driven by lower expenses. COSCO SHIPPING International (Singapore) shares are up ...
Q & M Dental Group (Singapore) First Half 2024 Earnings: EPS: S$0.01 (vs S$0.006 in 1H 2023)
Performance of the market in Singapore. The company's shares are up 1.9% from a week ago. It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign ...
Former bank employees in Singapore charged in money laundering scheme
Two former bank relationship managers are facing multiple charges for their involvement with a billion-dollar money laundering operation that converted dirty money into assets held in Singapore, ...
Singapore Lifestyle Firm Seeks $50 Million Private Loan for Luxury Indonesian Resort
Singapore-based lifestyle and hospitality investment company Rascal Ventures Pte. is seeking around $50 million of private credit to expedite the completion and opening of its luxury resort in ...
Johor-Singapore SEZ to spur investments from mainland China, Taiwan, UOB says
UOB’s managing director believes investors will want to take advantage of tax incentives offered within the special economic zone.
StarHub finance chief Dennis Chia resigns, GoTo’s Jacky Lo to take over
Dennis Chia has resigned from his position just over nine years into the role, citing “personal reasons”. Read more at straitstimes.com.
Singaporean victims lose $36M in online investment scams
Singapore's police have reported that victims lost at least US$36 million in less than two months to conmen touting investment scams on chat groups and social media platforms.
Tencent-Backed Airwallex Reaches $500 Million in Sales, Eyes IPO Readiness
Airwallex, a payments startup backed by Tencent, has reached a significant milestone with an annual revenue run rate of $500 million. CEO and co-founder Jack Zhang revealed the company’s aim to become ...
Johor-Singapore SEZ: MB moots special border passes for top company executives for easier travel, congestion concerns
Johor Menteri Besar Datuk Onn Hafiz Ghazi has suggested special border passes for captains of industries to tackle issues such as manpower and traffic congestion concerns for the proposed ...