News
New legislature on end-to-end biometrics passed amidst expected high travel demand
New legislature on end-to-end biometrics passed amidst expected high travel demand
The amendments include end-to-end biometrics at Changi Airport.
MSE exec Ong Tze-Ch’in is new Singapore water agency chief executive
He will take the helm starting November 2023.
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.
Commentary
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