News

Changi Pay joins Alipay+ ecosystem, can now be used to pay in China

New users who top up S$50 will receive S$40 off iShopChangi purchases.

MOF to consider ‘age-based only’ in criteria of Majulah Package

Currently, the package only benefits seniors with lower incomes and less wealth.

Chart of the Day: Visitor arrivals to SG edged down to 1.31 million in August

Overnight visitors declined by 1.06 million on a yearly basis.

How the new BTO classification framework can keep public housing affordable in SG

Under the framework, BTO flats will be classified into Standard, Plus, and Prime.

S-REITs posts negative return in August

Total returns of S-REITs were at -2.5%.

MAS enforced over S$20m in penalties in past 18 months

Authorities issued 18 prohibition orders and logged a total of 39 criminal convictions.

OCBC taps Alipay+ to enable customers to pay in China, Korea, Malaysia with digital app

Payments will be made directly from customers’ OCBC SG bank accounts.

Food factory site at Senoko Crescent on sale for $14m

The property has two floors of cold-room and production facilities.

SSIA reaffirms commitment for global industry collaboration

This will boost the country’s semiconductor supply chains.

Major retail banks in SG boost anti-malware security measures

In 1H23, scam victims have reported a loss of $334.5m.

PropNex Realty launches for sale Island View for $575m

The freehold development is a 10-minute drive away from the central business district.

SG-based cleantech startup clinches funding from PETRONAS Ventures’ investment arm

The investment will help scale the manufacturing of Green Li-ion’s recycling units.

 Bank of Singapore names new global head of legal and regulatory compliance

His role is effective starting 2 October, replacing Eric Teh.

SoftBank’s subsidiary debuts successfully, expects $5.12b in proceeds

It also includes the full exercise of the underwriters' option to purchase an additional seven million shares.

Pair of freehold shophouses in Lavender Street on sale for $12.5m

Savills will conduct its sale via an expression of interest exercise.