News

Singapore proposes shared responsibility framework for phishing scams

Both financial institutions and telcos are held accountable for mitigating scams.

Mapletree Logistics Trust posts 0.9% YoY higher DPU of $0.02268 in 2QFY23/24

The REIT attributed the increase to contributions from acquisitions and divestment gains.

Demand for embedded finance soars amongst local SMBs 

SMBs (75%) are already looking to switch their banking solution provider.

MOM enhances measures to reduce heat stress risk for outside workers

Measures include monitoring of the Wet Bulb Globe Temperature for every hour of outdoor work performed.

75% of Singapore SMEs mull ditching banks for payment needs

1 in 2 of SMEs in Singapore complained of lengthy processing and settlement times.

CapitalSG acquires majority stake in a digital health and insurance company

As part of the investment, BIMA MILVIK's holding company has relocated from Sweden to Singapore. 

United Overseas Insurance’s profit more than doubles in 9M23

Year-to-date, net earnings reached S$18.3m in September versus the S$8.2m last year.

Singapore to launch largest vehicle-to-grid test

The feasibility study will start in November in the Punggol region.

HK-based private equity firm  to acquire Luye Medical's health units in Singapore

Templewater will acquire an oncology and a cardiology group from Luye Medical.

Singapore Tourism Board, Trip.com extends partnership for 3 years

The parties will collaborate to boost inbound travel to Singapore.

Three key areas to prioritise to enhance energy systems

The highly complex energy transition carries significant uncertainties.

SLNG to develop and operate a second LNG terminal in Singapore

The terminal will have a gas supply capacity of up to 5 million tonnes per annum.

Far East Hospitality Trust's net property income soars to $28.1m in 3Q23

The 3Q23 NPI is 42.4% higher than the 3Q22 record of $19.7m.

City Energy, Gentari to explore Malaysia-Singapore hydrogen pipeline

The parties will conduct the feasibility study over 12 months.

LHN obtains in-principle approval to transfer to SGX Mainboard

The approval is subject to compliance with several requirements.