Headline News In 60 Seconds Daily 2024-10-31T08:00:58.428Z
ILovehead6.9 Head NewsShare
- 🇸🇬 NSmen to Receive $200 LifeSG Credits by November By November 2023, all Singaporean national servicemen will gain $200 in LifeSG credits, announced the Ministry of Defence. This initiative supports NSmen in recognition of their contributions.
- 🌐 Singapore Expands Global Finance Network: Strengthens Technological Ties in Finance In October 2023, Singapore's Monetary Authority and Elevandi introduced the Global Finance and Technology Network during the Singapore FinTech Festival. Ravi Menon emphasized promoting collaborative innovations. Sopnendu Mohanty highlighted strategic partnerships aimed at transforming finance globally.
- 🌈 Rangoli Artist Vijaya Mohan Transforms Waste Into Art in Singapore Vijaya Mohan, a renowned rangoli artist in Singapore, integrates recycling into her vibrant artworks. By using disposed materials and elevating her craft, Vijaya advocates for environmental consciousness through her captivating designs.
- 💼 Singapore MAS Launches New Fintech Network Under Former Chief's Leadership The Monetary Authority of Singapore (MAS) established a fintech network, spearheaded by former chief Ravi Menon. Announced on October 30, 2024, this initiative targets enhancing financial technology collaboration in Singapore.
- 🌍 Ong Beng Seng Granted Permission to Travel With S$800K Additional Bail On August 9, 2023, Singaporean businessman Ong Beng Seng was permitted by a Singapore court to leave for medical and work purposes on an additional S$800,000 bail. The AccorHotels investor is required to continue cooperating with local authorities during his travels.
- 🏆 Singapore's Top Employers: DHL, Trust Bank, and Cisco Lead 50 Best Workplaces Recognition DHL, Trust Bank, and Cisco are among 50 companies honored as top workplaces in Singapore, highlighting their dedication to employee satisfaction alongside firms like Micron and Salesforce. Each company demonstrates excellence in nurturing a positive workplace environment.
- 🚀 MAS Unveils GFTN: Sopnendu Mohanty Takes Helm as Group CEO in 2025 The Monetary Authority of Singapore (MAS) launched the Global FinTech Network (GFTN) to succeed Elevandi, with Sopnendu Mohanty appointed as Group CEO. The announcement was made during the Singapore FinTech Festival 2024, held on November 11, 2024. This strategic move aims to bolster Singapore's position as a leading global fintech hub.
- 🌐 OCBC's Blockchain Breakthrough: First Singapore Bank to Embrace Blockchain for Intraday Lending OCBC has pioneered blockchain-based solutions for intraday lending in Singapore, marking a significant enhancement in transaction efficiency and security. The move leverages blockchain's immutable ledger to streamline institutional borrowing and lending processes.
- 📉 Singapore Stocks Dip: Despite Hongkong Land Rally, STI Falls 0.9% On October 12, 2023, Singapore stocks closed lower, with the Straits Times Index (STI) down 0.9%. Hongkong Land shares rose 0.8%, but it wasn’t enough to offset declines in other sectors.
- ✈️ China's C919 Sparks Boeing-Airbus Rivalry with Singapore Expansion Commercial Aircraft Corporation of China (COMAC), manufacturer of the C919, opened a new office in Singapore on October 20, 2023, aiming to strengthen its presence in the Southeast Asian market.
- 🍇 Shine Muscat Grapes in Singapore Deemed Safe by SFA Amid Thai Contamination Concerns The Singapore Food Agency (SFA) confirmed on October 6, 2023, that locally-sold Shine Muscat grapes are safe, despite alachlor contamination issues in those imported from Thailand. The SFA continues monitoring imports.
- 🎖️ S$200 LifeSG Credits for NSmen This November In November 2023, eligible national servicemen (NSFs and NSmen) in Singapore will receive a one-time credit of S$200 via their LifeSG mobile application as announced by the Ministry of Defence and Home Affairs.
- 🎓 SMU Announces New Provost Appointment Professor James Tang has been appointed as the new Provost of Singapore Management University, effective January 1, 2024. Professor Lily Kong expressed confidence in his leadership capabilities and strategic vision.
- 🚗 Singapore's COE Surge: 20,000 New Certificates May Affect Demand Dynamics The Singapore government announced on October 30, 2024, the release of 20,000 Certificates of Entitlement (COEs) to ease vehicle demand. Short-term impact expected; long-term effects remain uncertain.
- 📜 Ong Beng Seng’s RM2.7m Bail: Malaysian Tycoon Granted Singapore Exit Malaysian property tycoon Ong Beng Seng, founder of Hotel Properties Limited, was allowed to leave Singapore temporarily after posting an increased bail of RM2.7 million, equivalent to additional legal assurances, as decided by Singapore’s court on October 30, 2024.
- 💼 Singapore's New AML Strategy: Government intensifies oversight on cross-border transactions, enhancing financial security. 🇸🇬 Singapore Unveils New National AML Strategy: Pledges Strict Oversight on Cross-Border Transactions The Monetary Authority of Singapore announced a National Anti-Money Laundering strategy on October 15, 2024, aiming for rigorous management of cross-border financial activities. Led by Finance Minister Lawrence Wong, the strategy prioritizes cutting-edge technology to detect illicit transactions.
- 💼 Ex-Singapore Central Banker Launches Global Fintech Non-Profit Ravi Menon, former Managing Director of the Monetary Authority of Singapore, announced on October 30, 2023, the launch of a new non-profit organization aimed at fostering global fintech innovation and collaboration.
- 🍇 Shine Muscat Grapes in Singapore Tested and Found Safe: SFA The Singapore Food Agency (SFA) announced on October 10, 2023, that Shine Muscat grapes imported from Korea were tested and found to be safe for consumption following concerns over pesticide residues.
- 🌐 MAS Launches Global Finance & Technology Network: Singapore Leads Initiative for Cross-Border Collaboration The Monetary Authority of Singapore announced the launch of the 'Global Finance & Technology Network' on October 2, 2023. This initiative, supported by financial institutions from 30 countries, aims to foster cross-border partnerships and innovation.
- 🏊♂️ Champions Inspire Singapore's Youth before World Cup Finale On October 21, 2024, Olympic gold medalists Kaylee McKeown and Kristof Milak motivated over 150 young swimmers in Singapore. The World Aquatics event aimed to mentor and prepare them for future competitions.
- 🇸🇬 NSmen to Receive $200 LifeSG Credits by November By November 2023, all Singaporean national servicemen will gain $200 in LifeSG credits, announced the Ministry of Defence. This initiative supports NSmen in recognition of their contributions.
- 🌐 Singapore Expands Global Finance Network: Strengthens Technological Ties in Finance In October 2023, Singapore's Monetary Authority and Elevandi introduced the Global Finance and Technology Network during the Singapore FinTech Festival. Ravi Menon emphasized promoting collaborative innovations. Sopnendu Mohanty highlighted strategic partnerships aimed at transforming finance globally.
- 🌈 Rangoli Artist Vijaya Mohan Transforms Waste Into Art in Singapore Vijaya Mohan, a renowned rangoli artist in Singapore, integrates recycling into her vibrant artworks. By using disposed materials and elevating her craft, Vijaya advocates for environmental consciousness through her captivating designs.
- 💼 Singapore MAS Launches New Fintech Network Under Former Chief's Leadership The Monetary Authority of Singapore (MAS) established a fintech network, spearheaded by former chief Ravi Menon. Announced on October 30, 2024, this initiative targets enhancing financial technology collaboration in Singapore.
- 🌍 Ong Beng Seng Granted Permission to Travel With S$800K Additional Bail On August 9, 2023, Singaporean businessman Ong Beng Seng was permitted by a Singapore court to leave for medical and work purposes on an additional S$800,000 bail. The AccorHotels investor is required to continue cooperating with local authorities during his travels.
- 🏆 Singapore's Top Employers: DHL, Trust Bank, and Cisco Lead 50 Best Workplaces Recognition DHL, Trust Bank, and Cisco are among 50 companies honored as top workplaces in Singapore, highlighting their dedication to employee satisfaction alongside firms like Micron and Salesforce. Each company demonstrates excellence in nurturing a positive workplace environment.
- 🚀 MAS Unveils GFTN: Sopnendu Mohanty Takes Helm as Group CEO in 2025 The Monetary Authority of Singapore (MAS) launched the Global FinTech Network (GFTN) to succeed Elevandi, with Sopnendu Mohanty appointed as Group CEO. The announcement was made during the Singapore FinTech Festival 2024, held on November 11, 2024. This strategic move aims to bolster Singapore's position as a leading global fintech hub.
- 🌐 OCBC's Blockchain Breakthrough: First Singapore Bank to Embrace Blockchain for Intraday Lending OCBC has pioneered blockchain-based solutions for intraday lending in Singapore, marking a significant enhancement in transaction efficiency and security. The move leverages blockchain's immutable ledger to streamline institutional borrowing and lending processes.
- 📉 Singapore Stocks Dip: Despite Hongkong Land Rally, STI Falls 0.9% On October 12, 2023, Singapore stocks closed lower, with the Straits Times Index (STI) down 0.9%. Hongkong Land shares rose 0.8%, but it wasn’t enough to offset declines in other sectors.
- ✈️ China's C919 Sparks Boeing-Airbus Rivalry with Singapore Expansion Commercial Aircraft Corporation of China (COMAC), manufacturer of the C919, opened a new office in Singapore on October 20, 2023, aiming to strengthen its presence in the Southeast Asian market.
- 🍇 Shine Muscat Grapes in Singapore Deemed Safe by SFA Amid Thai Contamination Concerns The Singapore Food Agency (SFA) confirmed on October 6, 2023, that locally-sold Shine Muscat grapes are safe, despite alachlor contamination issues in those imported from Thailand. The SFA continues monitoring imports.
- 🎖️ S$200 LifeSG Credits for NSmen This November In November 2023, eligible national servicemen (NSFs and NSmen) in Singapore will receive a one-time credit of S$200 via their LifeSG mobile application as announced by the Ministry of Defence and Home Affairs.
- 🎓 SMU Announces New Provost Appointment Professor James Tang has been appointed as the new Provost of Singapore Management University, effective January 1, 2024. Professor Lily Kong expressed confidence in his leadership capabilities and strategic vision.
- 🚗 Singapore's COE Surge: 20,000 New Certificates May Affect Demand Dynamics The Singapore government announced on October 30, 2024, the release of 20,000 Certificates of Entitlement (COEs) to ease vehicle demand. Short-term impact expected; long-term effects remain uncertain.
- 📜 Ong Beng Seng’s RM2.7m Bail: Malaysian Tycoon Granted Singapore Exit Malaysian property tycoon Ong Beng Seng, founder of Hotel Properties Limited, was allowed to leave Singapore temporarily after posting an increased bail of RM2.7 million, equivalent to additional legal assurances, as decided by Singapore’s court on October 30, 2024.
- 💼 Singapore's New AML Strategy: Government intensifies oversight on cross-border transactions, enhancing financial security. 🇸🇬 Singapore Unveils New National AML Strategy: Pledges Strict Oversight on Cross-Border Transactions The Monetary Authority of Singapore announced a National Anti-Money Laundering strategy on October 15, 2024, aiming for rigorous management of cross-border financial activities. Led by Finance Minister Lawrence Wong, the strategy prioritizes cutting-edge technology to detect illicit transactions.
- 💼 Ex-Singapore Central Banker Launches Global Fintech Non-Profit Ravi Menon, former Managing Director of the Monetary Authority of Singapore, announced on October 30, 2023, the launch of a new non-profit organization aimed at fostering global fintech innovation and collaboration.
- 🍇 Shine Muscat Grapes in Singapore Tested and Found Safe: SFA The Singapore Food Agency (SFA) announced on October 10, 2023, that Shine Muscat grapes imported from Korea were tested and found to be safe for consumption following concerns over pesticide residues.
- 🌐 MAS Launches Global Finance & Technology Network: Singapore Leads Initiative for Cross-Border Collaboration The Monetary Authority of Singapore announced the launch of the 'Global Finance & Technology Network' on October 2, 2023. This initiative, supported by financial institutions from 30 countries, aims to foster cross-border partnerships and innovation.
- 🏊♂️ Champions Inspire Singapore's Youth before World Cup Finale On October 21, 2024, Olympic gold medalists Kaylee McKeown and Kristof Milak motivated over 150 young swimmers in Singapore. The World Aquatics event aimed to mentor and prepare them for future competitions.
