Loses outnumbered gainers 315 to 289, as 1.1 billion securities worth $1 billion were traded Read more at straitstimes.com.
Singapore’s chip industry still in the money for the long term: Analysts
Both Singapore and Malaysia in recent years have seen a host of global chipmakers announce new investment and expansion of existing facilities that are likely to help boost the business of local ...
Cash, cars and homes seized in $735m Singapore anti-money laundering raids
The country's central bank and financial regulator, the Monetary Authority of Singapore, said it had been in contact with financial institutions "where the potentially tainted funds have been ...
Singapore arrests 10 foreigners, seizes S$1 bln assets in money laundering probe
Singapore police have arrested 10 foreigners for alleged money laundering and forgery offences, in a case involving about S$1 billion ($737 million) of cash, properties, luxury cars and other assets. ( read original story ...)
UOB Kay Hian Keeps Their Buy Rating on SATS (SPASF)
In a report released yesterday, Roy Chen from UOB Kay Hian maintained a Buy rating on SATS (SPASF – Research Report), with a price target ...
UOB Kay Hian Keeps Their Buy Rating on Comfortdelgro (CDGLF)
In a report released yesterday, Llelleythan Tan from UOB Kay Hian maintained a Buy rating on Comfortdelgro ... The company was founded on March 29, 2003 and is headquartered in Singapore.
How Singapore wrestles with the constraints of success
How much talk about reinvention does one of the world’s most successful, if tiny, economies have to listen to?
Singapore’s key exports decline for 10th consecutive month
SINGAPORE, Aug. 17 (Xinhua) -- The non-oil domestic exports (NODX) in Singapore declined by 20.2 percent year-on-year, marking a contraction for the 10th straight month, government agency Enterprise ...
Singapore Politician Leaves Grab Months After Public Outcry
A Singapore lawmaker initially appointed to run Grab Holdings ... She said she will work in strategic partnerships and business development, helping the startup expand into Asia-Pacific markets.
The Monetary Authority Of Singapore Takes A Stand On Stablecoins
Stablecoins are the most palatable crypto for regulators. With Europe moving forward with regulation, it was only a matter of time before Singapore did the same.
Singapore arrests 10, seizes $737m in assets in money laundering raids
“Investigations are ongoing. More assets may be seized [and] bank accounts frozen,” the police statement said. Singapore is a global financial hub and has strict laws against the laundering of illicit ...
Singapore arrests 10 foreigners, seizes $1 billion assets in money laundering probe
Prohibition of disposal orders were issued against 94 properties and 50 vehicles, with a total estimated value of more than S$815 million ...
Indian-origin man jailed for breaching Singapore’s Covid safety measures, drunk-driving
An Indian-origin man was sentenced to more than 21 months in jail and fined SGD 5,000 for breaching the stringent Covid-19 measures by drinking alcoh
Household wealth rose in Singapore, defying downtrend elsewhere: UBS-Credit Suisse report
SINGAPORE – Global household wealth went into decline in 2022 but Singapore managed to buck the trend. A new report noted that household wealth here rose 7.2 per cent in 2022 to US$1.906 trillion, ... ( read original story ...)
Singapore seizes $735m of assets in anti-money laundering probe
Singapore police have seized about S$1bn ($735m; £578m) - including luxury homes, cars and cash - in one of its biggest anti-money laundering probes. Among the items seized in the raid were luxury ...
Singapore files charges against 3 Chinese nationals, 7 others with ‘Chinese passports’ in US$736 million money-laundering crackdown
All 10 of the individuals in the alleged money-laundering ring were found in possession of foreign passports ‘believed to be issued’ by China.