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• Thu, December 19, 2024

by: Business Times
in: Business and Finance

Acra to remove NRIC numbers from Bizfile portal search, government apologises for lapse

THE Accounting and Corporate Regulatory Authority (Acra) will remove National Registration Identity Card (NRIC) numbers from its "people search" function on its Bizfile portal when it is relaunched some time next week,

• Wed, December 18, 2024

by: Business Times
in: Business and Finance

Hong Kong watchdog searches finance firms' offices in Nasdaq listings probe

HONG Kong's securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq exchange, according to people familiar with the matter.

by: Business Times
in: Business and Finance

Citi and Maybank Securities collaborate to offer global securities lending to Singapore retail investors

CITI and Maybank Securities announced on Wednesday (Dec 18) that they will be working to facilitate the lending of retail clients' global equity holdings together using Citi's platform. Read more at The Business Times.

• Sun, December 15, 2024

by: Business Times
in: Science and Technology

Chasing chip talent to keep the semiconductor boom alive

THE rise of generative artificial intelligence (AI) will drive the market value of the global semiconductor industry to a staggering US$1 trillion by 2030, doubling its market size. Read more at The Business Times.

by: Business Times
in: Stocks and Investing

South-east Asia ESG funds record net inflows in Q3 2024, reversing two quarters of outflows

ENVIRONMENTAL, social and governance (ESG) funds in South-east Asia reversed two consecutive quarters of outflows, recording net inflows for the third quarter of 2024. Read more at The Business Times.

by: Business Times
in: Business and Finance

South Korea's acting president moves to reassure allies, calm markets after impeachment

SOUTH Korea's acting president, Han Duck-soo, moved on Sunday (Dec 15) to reassure the country's allies and calm financial markets a day after President Yoon Suk-yeol was impeached and suspended from his duties over a martial law attempt.

by: Business Times
in: Business and Finance

South Korea's central bank vows to stabilise markets amid political turmoil

SOUTH Korea's central bank vowed to stabilise financial markets and highlighted the importance of "uninterrupted implementation" of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk-yeol.

• Wed, December 11, 2024

by: Business Times
in: Business and Finance

Bank of England set to stay in central bank slow lane and keep rates on hold

THE Bank of England (BOE) looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central banks in Europe and the United States. Read more at The Business Times.

• Fri, December 6, 2024

by: Business Times
in: Business and Finance

Want work-life balance? You have to make sacrifices, say panellists at dialogue on careers

THE right balance between work and life differs for everyone, and no matter the choice, something will have to give, said panellists at a discussion on finding the right career on Thursday (Dec 5) - hosted by thrive,

by: Business Times
in: Business and Finance

Want work-life balance? You have to make sacrifices, say panellists at thrive dialogue on career

by: Business Times
in: Business and Finance

Temasek unveils S$10 billion private credit entity

SINGAPORE'S state investment company Temasek said on Friday (Dec 6) that it has established a wholly owned private credit entity with an initial portfolio amounting to S$10 billion, consisting of direct investments and credit funds.

Acra to remove NRIC numbers from Bizfile portal search, government apologises for lapse

THE Accounting and Corporate Regulatory Authority (Acra) will remove National Registration Identity Card (NRIC) numbers from its "people search" function on its Bizfile portal when it is relaunched some time next week,

The Accounting and Corporate Regulatory Authority (ACRA) of Singapore has announced the removal of NRIC numbers from its BizFile+ portal following a security lapse that exposed the personal data of approximately 14,000 business owners. This decision was made after it was discovered that the NRIC numbers were visible in search results, potentially compromising the privacy of individuals. The government has issued an apology for the oversight, acknowledging the breach as a significant lapse in data protection. ACRA is now working to enhance its security measures to prevent future incidents, and has urged affected individuals to monitor their personal information closely for any signs of misuse. Additionally, the government has committed to reviewing and strengthening data protection policies across all public sector digital services.

Read the Full Business Times Article at:
https://www.businesstimes.com.sg/singapore/economy-policy/acra-remove-nric-numbers-bizfile-portal-search-government-apologises-lapse

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