Singapore

Following the announced takeover by UBS Group AG, the Monetary Authority of Singapore (MAS) confirmed today that Credit Suisse Group AG (CS) will continue to operate in Singapore without delays or limitations (UBS). Clients of CS will retain full access to their accounts, and all contracts between CS and its counterparties will remain in effect. The acquisition is not anticipated …

The Monetary Authority of Singapore (MAS) announced on Thursday that Singapore banks DBS, OCBC, and UOB have “insignificant” exposure to struggling banking giant Credit Suisse (Mar 16). In response to media inquiries, MAS stated that Singapore’s financial sector is sound and resilient. “Singapore banks are well-capitalised and undergo regular stress tests against credit and other risks,” the financial authority stated. …

Singapore will prioritize the stockpiling of medical supplies and other important healthcare items in the future, a senior government official announced on Monday (Mar 13). Gabriel Lim, permanent secretary of the Ministry of Trade and Industry, stated on CNA’s Singapore Tonight that the country already has a food stockpile, including rice, and must “carefully consider what other commodities we need …

It has been reported that Malaysian actor Kamal Adli suffered significant injuries after being attacked on Sunday during an event called Hari Raya Mega Sale 2023 held at Singapore Expo (Mar 12). According to Berita, the incident took place as Kamal and his wife, the actress Uqasha Senrose, were meeting with admirers during a photo session. According to Uqasha, who …

Warning: the article has spoilers for the show Idris Elba is back in his trench coat as John Luther in the upcoming Netflix film Luther: The Fallen Sun, which may include his darkest case to date. Luther begins the new film in prison for his activities during the final season of the BBC series. But, it is not long until …

Singapore’s Keppel Corporation is pursuing expansion opportunities in emerging economies such as Vietnam, which is gaining pace as a manufacturing base for investors trying to diversify away from China. In an interview with Nikkei Asia, the CEO of the company, Loh Chin Hua, stated that enterprises have adopted a “China plus one” approach in an effort to diversify investments away …

According to a new survey, tech salaries in Singapore increased in 2022 despite a wave of IT layoffs and a halt in hiring. According to a survey by tech salaries aggregator Nodeflair and venture capital firm Iterative, “the outlook for 2023 in the tech talent and recruiting market is likely to reflect a continuous demand for tech talents, but at …

Fans criticized former Liverpool goalkeeper Loris Karius, who joined Newcastle United on a free transfer last summer, for the gloves he wore in his Wembley debut against Manchester United in the Carabao Cup final on Sunday. Karius was given the opportunity to start against Liverpool as Newcastle’s No. 2 goalkeeper Martin Dubravka was cup-tied and Nick Pope was sent off. …

The murder allegation against a student who was accused of killing a 13-year-old boy at River Valley High School in July 2021 has been changed to culpable homicide. The teenager, who turned eighteen in January, was charged with culpable homicide not amounting to murder. The accusation states that he caused the death of a 13-year-old boy in a River Valley …

In 2022, the resident total fertility rate in Singapore reached a record low of 1.05, falling below the previous high of 1.1 in 2020 and 1.12 in 2021. Indranee Rajah, Minister in the Prime Minister’s Office (PMO), told Parliament on Friday, “This was partially due to the Tiger year in the Lunar calendar, which is typically associated with fewer births …