News
What is a protected cell company and how could it benefit businesses?
3+ hour, 9+ min ago (737+ words) This allows the parking of risk arrangements under one umbrella, while being legally ring-fenced from each another THE Monetary Authority of Singapore (MAS) has proposed a new corporate structure aimed at making more sophisticated insurance and risk-financing solutions more accessible…...
More cash, not less digital " expanded cash access does not signal retreat from Singapore's payments push
1+ week, 4+ day ago (181+ words) Observers note that cash still has a role in building consumer confidence amid scams and fraud [SINGAPORE] The Republic's move to expand cash access does not signal a retreat from becoming a cash-light society, observers said, but reflects a growing…...
More cancer survivors are returning to work. Are employers ready to support them?
1+ mon, 1+ week ago (138+ words) While some companies are willing to help such workers, efforts remain inconsistent [SINGAPORE] When Rachel (not her real name) was diagnosed with Stage 3 nasopharyngeal cancer at the age of 51, she assumed her biggest battle would be treatment. Instead, one of…...
MOH addressing rising healthcare costs, but cannot control commercial insurance decisions: Rahayu Mahzam
2+ mon, 1+ day ago (629+ words) It is exploring setting benchmarks in cost components other than doctor's fees [SINGAPORE] The government is tackling the root causes of rising healthcare costs and offering measures to cushion the impact, but must be mindful about intervening in the commercial…...
Indonesia to let airlines increase fuel surcharges as aviation costs soar
3+ mon, 1+ day ago (555+ words) Aviation fuel prices have surged about 70% in the country, triggered by the Iran war Deeper Dive is a beta AI feature. Refer to full articles for the facts. Learn more [JAKARTA] Indonesia will allow airlines to raise fuel surcharges in…...
New IP riders kick in with lower premiums, but higher out-of-pocket costs
3+ mon, 6+ day ago (911+ words) The changes follow government intervention announced last November, where authorities stepped in to tighten the design of IP riders to rein in rising private healthcare costs. Riders will no longer cover the minimum IP deductibles, while the co-payment cap " applied…...
COE premiums rise; Category A up 3. 4%, Category B up 1. 4%
3+ mon, 2+ week ago (861+ words) Observers say spike in motorcycle premium " nearly 12% " is due to combination of increased demand ahead of Hari Raya Puasa [SINGAPORE] Certificate of Entitlement (COE) premiums increased across the board as the two main car categories posted small increases, while the…...
New IP rider premiums to cost at least 30% less, with one insurer offering an 84% reduction
3+ mon, 4+ week ago (1015+ words) All seven insurers will be launching new Integrated Shield Plan rider products by Apr 1 [SINGAPORE] Private health insurers gearing up for the launch of new riders have revealed that policyholders who switch schemes come Apr 1 could see premium reductions of…...
Six out of seven insurers raised premiums for Integrated Shield plans, riders in 2025
7+ mon, 4+ week ago (697+ words) [SINGAPORE] Citing pressures from rising claims, medical inflation and expanded benefits, all private insurers but one here offering Integrated Shield Plans (IPs) have increased premiums for most of these products or riders in 2025. Out of these seven insurers, six saw…...
Malaysia-based restaurant software platform Feed Me raises US$5 million
7+ mon, 2+ week ago (185+ words) The funding will be used to accelerate its expansion into the Thai market [SINGAPORE] Feed Me, a restaurant software platform based in Malaysia, has raised US$5 million led by Integra Partners with participation from Cento Ventures. Feed Me offers an…...