Category: Business

Known for his honesty, the ex-politician continues to offer insights on governance and advocate for the average citizen.SINGAPORE: After stepping down from politics in 2015, former People’s Action Party (PAP) Member of Parliament Inderjit Singh remains a notable figure, speaking up for ordinary Singaporeans and offering candid critiques of governance. A serial entrepreneur and a …

Investors react as negotiations for Optus stake sale fail, while Singtel assures long-term commitment to Australian operations.SINGAPORE: Singtel shares fell by 3.15% to S$2.46 on Wednesday following news that the sale of Optus, its Australian business, will not proceed. Shortly after the announcement, trading was halted pending further updates.According to Channel News Asia, negotiations regarding …

As Indonesia’s president-elect, Prabowo Subianto's visits to major powers hint at the foreign policy direction his administration might take.SINGAPORE: For the first time in Indonesia’s history, a president-elect has made formal overseas visits before officially assuming office. Prabowo Subianto’s recent trips to China and Japan, ahead of his anticipated October inauguration, have attracted significant attention, …

Concerns about device reliability, digital security, and familiarity drive commuters to stick with traditional payment methods.SINGAPORE: A recent report revealed that 43% of Singaporeans opt for cash instead of e-wallets or mobile apps for public transport payments. This finding has sparked discussions on social media, with many commuters sharing their reasons for choosing traditional payment …

A new survey reveals growing optimism among Singaporeans as Bitcoin halving and spot ETFs reshape market sentiment.SINGAPORE: As the Bitcoin halving event approaches in April 2024, a new study from the Independent Reserve Cryptocurrency Index (IRCI) highlights a bullish sentiment among Singaporean investors. Nearly half (48%) of crypto investors in Singapore intend to increase their …

Allegations date back to 2009-2014, involving millions in payments tied to business interests in Brazil.SINGAPORE: Two former executives of the now-defunct Sembcorp Marine, rebranded as Seatrium following its 2023 merger with Keppel Offshore & Marine, were charged on Thursday (Mar 28) with bribing Brazilian officials. The charges allege that between 2009 and 2014, approximately US$44 …

Mediacorp’s news brand seeks to engage audiences in the West with insights on China, Japan, and Korea.SINGAPORE: Mediacorp’s news and current affairs brand CNA will soon be introduced in North America and the United Kingdom.This move will be rolled out through a mix of platforms, including television streaming services, YouTube, and a specially curated edition …

Countries are keen to adopt Singapore’s anti-scam measures, such as the SMS Sender ID registry, says Minister Josephine TeoSINGAPORE: At the inaugural Global Fraud Summit in London on Monday (Mar 11), Singapore and 10 other countries jointly endorsed a communique underscoring their commitment to tackling fraud and recovering funds obtained through scams. This collaboration reflects …

The Brazilian technology sector continues to attract international investors. The most recent acquisition involves a company from Anápolis, specialized in marketing and communication solutions, which is now part of a British fund headquartered in Singapore.The deal reflects the growing interest of foreign groups in innovative Brazilian companies. The company, founded by Gabriel Matheus de Andrade …

Equity funds see the highest outflows, while CPFIS funds perform better in Q4SINGAPORE: Singapore's unit trusts reported S$998 million in net outflows in the fourth quarter of 2023, marking a sharp contrast to the S$264 million in net inflows seen in the previous quarter, according to Morningstar’s latest Singapore Fund Flow report.Equity funds bore the …