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Tag: Singapore

Posted on July 22, 2023

Singapore banks face tepid loan growth; interest margins to peak in 2023

“The Singapore government is highly supportive of the banking system. We believe it will provide timely financial support to ensure the stability of the financial system, if needed. This in turn …
Posted on July 22, 2023

Grab acquires Singapore’s third-largest taxi operator Trans-cab

Singapore’s ride-hailing and food delivery company Grab has signed an agreement for its car rental unit Grab Rentals to acquire Trans-cab, the city-state’s third-largest taxi operator. The deal, …
Posted on July 21, 2023

Accor accelerates in Japan with agreement to operate 23 properties

Accor’s presence in Japan is set to double while hotel openings gain momentum throughout the region. With travel and tourism surging once again on a global scale, countries such as Japan, Singapore, …

( read original story …)



Posted on July 20, 2023

Singapore says foreigners need approval to buy mixed commercial and residential properties, land

The government made changes to the Residential Property Act to ‘safeguard residential land for Singaporeans’ Mixed commercial and residential developments were previously part of the list of land use …

( read original story …)



Posted on July 20, 2023

Americans oust Chinese as Singapore’s top homebuyers

SINGAPORE: Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie. Mainland Chinese have been the largest foreign buyer group in the …

( read original story …)



Posted on July 20, 2023

Solutions for Financial Fraud Detection and Delivering Financial Literacy at Scale Take Top Honours at Third Singapore-India Hackathon 2023

A tool to help regulators detect potential suspects of insider trading created by students of Nanyang Technological University, Amity University, and Dwarkadas College of Engineering took the top …
Posted on July 20, 2023

Grab to buy Singapore’s third-largest taxi company Trans-Cab for around $100 million

Cab, Singapore’s third-largest taxi operator. The purchase – for an undisclosed amount but understood to be around $100 million – includes some 2,200 taxis and more than 300 private-hire vehicles …
Posted on July 20, 2023

Solutions for Financial Fraud Detection and Delivering Financial Literacy at Scale Take Top Honours at Third Singapore-India Hackathon 2023

A tool to help regulators detect potential suspects of insider trading created by students of Nanyang Technological University, Amity University, and Dwarkadas College of Engineering took the top …
Posted on July 20, 2023

Grab to buy Singapore’s third-largest taxi company Trans-Cab for around $100 million

Cab, Singapore’s third-largest taxi operator. The purchase – for an undisclosed amount but understood to be around $100 million – includes some 2,200 taxis and more than 300 private-hire vehicles …
Posted on July 20, 2023

Will Singapore’s national taxonomy pave the way for a harmonisation of green standards in Asia?

In Asia, where many carbon-intensive industries still operate, there is a huge opportunity for transition financing. The Singapore-Asia Taxonomy is expected to provide clearer definitions for a …

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