Singapore Hotelier Ong Beng Seng has been issued a notice of arrest by the Corrupt Practices Investigation Bureau (CPIB) and is cooperating with the anti-graft body to provide information in relation
Singapore Expands Graft Probe to Include Hotel Tycoon Ong
A rare Singapore graft probe involving a cabinet minister widened Friday after a property and hotel tycoon was issued a notice of arrest in connection with the case.
Four individuals imprisoned in Singapore for market-rigging scheme
Four Singapore individuals have been sentenced for manipulating Koyo International Limited's share prices, resulting in approximately $3.28 million losses.
Singapore’s Economy Grew at Faster Pace in Second Quarter
SINGAPORE--Singapore's economy grew at a faster pace in the second quarter, as strong expansion in construction and services-producing industries outweighed a contraction in manufacturing.
Singapore narrowly avoids technical recession in Q2 as GDP grows 0.7% year on year, 0.3% quarterly
SINGAPORE’S economy grew 0.7 per cent year on year in the second quarter of 2023, dragged by a deeper downturn in the manufacturing sector, advance estimates from the Ministry of Trade and Industry ...
Billionaire property tycoon Ong Beng Seng issued notice of arrest over CPIB probe involving Minister S Iswaran
The 77-year-old managing director of Hotel Properties Limited (HPL) will surrender his passport to the anti-graft agency upon his return to Singapore. ( read original story ...)
Singapore avoids technical recession as economy grows 0.7% year-on-year in second quarter
Singapore’s economy avoided a technical recession in the second quarter, growing 0.7% year-on-year and 0.3% quarter-on-quarter, advanced estimates showed. Economists polled by Reuters expected to see ...
DBS NAMED WORLD’S BEST BANK FOR CORPORATE RESPONSIBILITY BY EUROMONEY
DBS, a leading financial services group in Asia, has been named the World's Best Bank for Corporate Responsibility in the prestigious Euromoney Awards for Excellence 2023. In the same awards, DBS was ...
Singapore’s economy grows slightly more than expected in Q2
Singapore’s economy grew slightly more than expected in the second quarter, data showed on Friday, as resilience in construction activity and the service industry helped offset a sharp decline in ...
Singapore’s economy grew 0.7% in Q2, faster than previous quarter: Advance estimates
SINGAPORE: Singapore’s economy grew 0.7 per cent year-on-year in the second quarter of 2023, faster than the 0.4 per cent growth in the preceding quarter, according to ad ...
Singapore Tycoon Ong Assisting in Graft Probe, Has Arrest Notice
Singapore-based Hotel Properties Ltd. said its Managing Director Ong Beng Seng has been requested to provide information on his interactions with Transport Minister S. Iswaran by the country’s anti-graft agency.
Singapore Minister, Billionaire Hotelier Questioned in Rare Corruption Probe
A high-profile corruption probe is rocking Singapore’s reputation for clean government after antigraft officials called in the city-state’s transport minister and a billionaire hotelier for questioning.
Singapore avoids technical recession with economy growing 0.3% quarter on quarter
GDP expanded by 0.3 per cent in the second quarter of 2023 from the previous three months. Read more at straitstimes.com.
MAS tax exemption tweaks may not move the needle for most single family offices: industry watchers
RECENTLY announced tweaks to the tax incentive scheme for single family offices (SFOs) are a good nudge for greater investments in Singapore, industry watchers said, but may do little for the bulk of ...
China’s Drop in Exports Signals Deepening Slowdown in Global Trade
Chinese exports fell at their steepest annual pace in June since the early days of the pandemic in February 2020, and it isn’t the only Asian economy reporting sinking overseas sales.
Singapore stands out as a global tech hub amid U.S.-China tensions
Steven Okun serves as chief executive of ESG and sustainability consultancy APAC Advisors in Singapore and also as chair of AmChams of Asia Pacific. Previously best known in international business as ...