by chung chinyi | May 12, 2025 | Uncategorized
In a significant move towards easing trade tensions, the United States and China have agreed to temporarily suspend specific tariffs on each other’s exports. This agreement, announced in a joint statement on May 12 from Geneva, marks a 90-day period during which...
by chung chinyi | May 12, 2025 | Uncategorized
Analysis of the “China Track” Bank Netting System and Potential Impacts on Singapore Banks Overview of the China Track System The “China Track” is a sophisticated payment netting system developed by central Russian banks to facilitate trade...
by chung chinyi | May 12, 2025 | Uncategorized
President Trump announced plans to sign an executive order on May 12, 2025, to reduce prescription drug prices in the U.S. The order would mandate that the U.S. pay the same price for drugs as the lowest-paying country in the world (a “most-favoured...
by chung chinyi | May 12, 2025 | Uncategorized
Museum of Ice Cream Singapore Reopens The Museum of Ice Cream Singapore in Loewen Road has reopened after renovations, maintaining its signature pink aesthetic but with refreshed installations. Visitors can enjoy: Whimsical fruit swings Infinity Mirror Party Zone...
by chung chinyi | May 12, 2025 | Uncategorized
GENEVA – In a significant development, the United States and China announced on May 11 that they had made headway during a weekend of intensive discussions. The talks were aimed at calming the stormy trade tensions ignited by President Donald Trump’s...
by chung chinyi | May 12, 2025 | Uncategorized
In the bustling city-state of Singapore, a new chapter unfolds for professional company directors. These individuals, often lending their names to foreign clients for the establishment of businesses, are now under intense scrutiny. The government has made it clear...
by chung chinyi | May 12, 2025 | Uncategorized
Greenwashing: An In-Depth Analysis with Focus on Singapore Impact The Greenwashing Phenomenon Greenwashing represents a significant shift in corporate climate communication strategy. Companies deliberately downplay or remain silent about their climate initiatives and...
by chung chinyi | May 12, 2025 | Uncategorized
Banking Sector Impact: All three Singapore banks (UOB, DBS, OCBC) reported flat or lower earnings for Q1 2025 Banks are setting aside larger allowances for anticipated credit risks UOB’s net profits were unchanged at $1.49 billion, with allowances for losses up...
by chung chinyi | May 11, 2025 | Uncategorized
AI-Powered Cybercrime Threats to Financial Institutions: Analysis and Prevention Strategies The Evolution of Cybercrime Targeting Financial Institutions The article highlights a fundamental shift in cybersecurity: identity has become the new perimeter. This represents...
by chung chinyi | May 11, 2025 | Uncategorized
Comprehensive Analysis of Security Threats, Scams, and Protective Measures in Citibank Singapore’s Security Guide Security Threats and Scam Typology Impersonation Scams Government Official Impersonation Scammers pose as police officers, immigration officials, or...
