News

Emirates launches Premium Economy Class in Singapore

It is offered for flights between Singapore and Dubai.

Emirates launches Premium Economy Class in Singapore

It is offered for flights between Singapore and Dubai.

Over 1,000 jobs created by tax-incentivised SFOs in 1H22, MAS reveals

More than 400 of those employed by SFOs earn $2,000-$5,000 per month.

Increased sales, lower costs: Executives unveil benefits posed by generative AI

Seven in 10 believe generative AI’s benefits outweigh concerns associated with its integration.

Gov't can terminate funding for SPH Media over 'serious wrongdoings': Teo

SPH Media came under fire after overstating its circulation numbers.

Analyst sees drawbacks from proposed SingPost rate adjustments

CGS-CIMB said there are other potential catalysts to improve the business.

MAS’ new T-bill has an allotted amount of $5.4b

The six-month treasury bill’s maturity date is on 9 January 2024.

Keppel Corp subsidiary secures 65% stake in JV firm that holds Hanoi retail property

The stake has an aggregate consideration of over $70m (VND1.23b). 

Strata office transaction volumes up 6.3% YoY in H2

Average costs of strata offices generated CAGR of 2.7% between end 2017 - 2022.

Finmo obtains in-principle approval for MPI license from MAS

This lets Finmo’s customers receive funds in Singaporean dollars.

1 in 3 Singaporeans switched banks, insurers in 2022: study

Only 21% of respondents, however, fully trust AI chatbots in financial services.

‘Human error’ reason for DBS digital banking glitch in May

The incident caused disturbances in mobile, electronic and ATM transactions.

Sembcorp Industries, Gentari ink MOU for clean energy development

The MOU will cover developments in renewable energy and low-carbon hydrogen.

Microsoft, Singlife push for AI adoption amongst insurers

Singlife is the first in its industry to collaborate with Microsoft for the programme in ASEAN.

Mandatory climate reporting for listed and large non-listed firms recommended

The sustainability reporting advisory committee (SRAC) consulted 90 participants.

Over $8b allocated for climate transition: MAS

The figure represents about 2% of the central bank’s portfolio.

Singapore expands tax incentives for single-family offices

The central bank will make adjustments in five areas of the tax incentives landscape for SFOs.

Tourism demand to improve retail sales momentum in 2H23: experts

In May, retail sales growth decelerated to 1.8% YoY.