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Month: July 2023

Posted on 12/07/2023

Singapore Billionaire Peter Lim’s Thomson Medical To Buy Vietnam Hospital Operator For $381 Million

Thomson Medical Group has agreed to buy hospital operator Far East Medical Vietnam as the Singapore-based healthcare company expands its footprint across Southeast Asia.

Posted on 12/07/2023

Citi to launch new commercial banking digital platform in Singapore

Citi has launched CitiDirect Commercial Banking, bringing together its products and services into a single digital platform to address the needs of Citi Commercial Bank (CCB) clients. Currently live ...

Posted on 12/07/2023

Singapore’s Temasek is ‘not comfortable’ investing in crypto firms: here’s why

Temasek CEO Rohit Sipahimalani is reluctant in investing in crypto firms due to regulatory uncertainty. Find out more.

Posted on 12/07/2023

After $275M FTX Loss, Temasek to Avoid Crypto Citing Regulatory Uncertainty

Temasek Holdings, a sovereign investment fund of Singapore, said it has no plans to invest in the crypto market, citing the ongoing regulatory headwinds in the sector. In particular, Temasek’s chief ...

Posted on 12/07/2023

Singapore’s Thomson Medical to Buy FV Hospital for $381 Million

Thomson Medical Group Ltd. has agreed to buy FV Hospital for as much as $381.4 million, marking the biggest-ever health care deal in Vietnam.

Posted on 12/07/2023

Singapore: Indian-origin Recalcitrant Offender Gets 22-month Jail Term, Ordered 12 Cane Strokes

A 29-year-old Indian-origin recalcitrant offender, who handed his alleged accomplice a harpoon that was later used to stab a man, was on Tuesday sentenced to nearly 22 months in jail and ordered to ...

Posted on 12/07/2023

Singapore opens corruption probe into transport minister S. Iswaran

The city state's Corrupt Practices Investigation Bureau said in a statement that it was unable to release further details about the investigation Iswaran has been ordered to go on a leave of absence ...

Posted on 12/07/2023

5 Takeaways From Temasek’s FY2023 Performance (And How To Apply It To Our Investments Amid High Interest Rates, Global Uncertainties)

What should you do with your investments while the world grapples with stubborn high inflation? Singapore investment company Temasek’s global direct investments saw a reversal of gains from the high ...

Posted on 12/07/2023

Singapore man jailed for stealing police jacket had ‘fetishistic interest’ in uniforms

Lam Seng Yip, 52, was previously convicted in 2019 of stealing operational items from police and Aetos traffic marshalls and given a mandatory treatment order.

Posted on 12/07/2023

Visit Singapore’s Brand-New Tropical Oasis In The Clouds

It’s a new and brighter era for luxury hotels, one that is more environmentally friendly and visibly leafier. Enter: Pan Pacific Orchard, Singapore.

Posted on 12/07/2023

S$8m malware scams: 5 people aged 16 to 28 to be charged with giving Singpass, bank accounts for proceeds laundering

Five people aged 16 to 28 will be charged on Wednesday (July 12) for their suspected involvement in money laundering activities linked to banking-related phishing scams involving malware where victims ...

Posted on 12/07/2023

UOB to close Myanmar Airways International bank accounts by Aug 15

The airline has been asked to stop using the bank for outward transactions by July 21. Read more at straitstimes.com.

Posted on 11/07/2023

10 Best Home Insurance Plans in Singapore for HDB & Private Property (2023)

Your home is probably the most expensive thing you own right now. (Not to be presumptuous, but I’m assuming you don’t have a $3 million supercar or yacht.) So it makes sense to protect it. And in this ... ( read original story ...)

Posted on 11/07/2023

Thief grabs $600 that elderly woman withdrew from Tampines ATM, durian vendor grabs his neck

A durian vendor went to the rescue of an elderly woman when she was robbed of $600. Read more at stomp.straitstimes.com ...

Posted on 11/07/2023

Singapore’s Temasek Seeks Talks With Ant on Buyback Valuation

Singapore state-owned investor Temasek Holdings Pte is set to hold talks with Ant Group Co. to understand why it slashed its valuation before it decides whether to take part in a planned share buyback ...

Posted on 11/07/2023

Singapore man’s obsession with Aussie worker uniforms goes viral; netizens find it ‘cute’ and ‘wholesome’

A viral TikTok post of a Singaporean man’s obsession with high-visibility uniforms typically worn by tradesmen in Australia has gotten an outpour of ...

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