News
Credit Suisse to pay $1.013b to Georgian billionaire Bidzina Ivanishvili: SG court
Credit Suisse to pay $1.013b to Georgian billionaire Bidzina Ivanishvili: SG court
The found that Credit Suisse failed to secure trust assets of Ivanishvili.
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.
Daily Markets Briefing: STI down 0.76%; Singtel emerged on top
Singtel is the most active stock.
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.
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
AI models are hungry for your data, so don’t just give it away