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PayNow links up with India’s UPI, allowing real-time payments between Singapore and India
INDIVIDUALS in Singapore and India will now be able to send real-time payments to one another through a service that links the Republic’s PayNow with India’s Unified Payments Interface (UPI).
Pay hikes for 5,000 drivers, 32,000 admin staff under new progressive wage move
ABOUT 5,000 full-time drivers and 32,000 full-time administrators will see pay rises under Occupational Progressive Wages (OPW) that take effect on Mar 1, the Ministry of Manpower said on Tuesday (Feb 21).
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SINGAPORE’S ambitious social agenda can continue to be funded without drastic new tax moves – at least in the near future, watchers have told The Business Times.
Funding flowed to earlier-stage companies in 2022: January Capital report
VENTURE capital investors in South-east Asia have allocated more funding to seed and earlier-stage startups in 2022 according to a report, State of the Technology Ecosystem: 2022, by venture capital firm, January Capital.
It’s shape up or ship out for e-commerce logistics players facing slowing demand
LOGISTICS companies focused on South-east Asia’s e-commerce market are bracing for a tougher year as e-commerce volumes experience slower growth, hampered by waning consumption. Higher fuel prices are not helping.
Corporate Earnings
- SingPost reports 9.7% lower operating profit of S$33.9 million
- Sembcorp H2 profit up 54% to S$358 million
The STI today
Singapore stocks flat amid regional declines; STI down 0.1%
SINGAPORE stocks traded flat on Tuesday (Feb 21) amid softer trading sentiment in the region.
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