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Month: August 2023

Posted on 31/08/2023

How Top 10 Cryptocurrencies In the Asia-Pacific Help Push Massive Crypto Adoption

As a result, several countries in the region, including Singapore, Thailand, and South Korea ... Initially, in 2016, the nation enforced a complete prohibition on all crypto-related actions, including ...

Posted on 30/08/2023

Laundering scandal ensnares Singapore banking giants

Buildings housing DBS, HSBC and Standard Chartered are seen in Singapore. Many of the biggest banking names in the city-state have been found to have had contact with some of those accused in a major ...

Posted on 30/08/2023

StanChart to offer new dads 20 weeks of paid time off; HSBC extends paternity and maternity leave

It expands on its existing benefits that allow new dads two weeks of paid leave, while new mums can take 16 weeks. HSBC Singapore head of human resources Mukul Anand said: “With the ever-changing ...

Posted on 30/08/2023

Singapore Money Laundering Case Embroils Its Banking Giants

Most Read from Bloomberg Singapore Money Laundering Case Embroils Its Banking ... First Trip Since Arrest Warrant What to Do With a 45-Story Skyscraper and No Tenants Crypto Scores Landmark US Legal ...

Posted on 30/08/2023

India Allows Rice Exports to Singapore, Sidestepping Sales Curbs

India, the world’s biggest rice exporter, will permit shipments to Singapore despite putting restrictions on overseas sales of the staple. The South Asian nation will issue formal orders shortly, a ...

Posted on 30/08/2023

India Facilitates Rice Export to Enhance Food Security for Singapore

A temporary ban on the export of any basmati rice consignment which was being sold for less than US$1,200 per tonne overseas has been imposed since Aug 27. (IE) With an ASEAN summit on the horizon, ...

Posted on 30/08/2023

Commentary: There’s a silver lining in Lucasfilm’s exit from Singapore

What’s next for Singapore’s visual effects and animation industry after Lucasfilm’s impending exit? The talent cultivated here should pave the way for greater things, says former Walt Disney executive ...

Posted on 30/08/2023

3 Solid Singapore Blue-Chip Stocks That Could Potentially Raise Their Dividends Again

United Overseas Bank, or UOB, is the third-largest bank in Singapore and provides a comprehensive range of banking, insurance, and investment services. The lender is thriving in an environment of ...

Posted on 30/08/2023

Billion-Dollar Money Laundering Case Embroils Some of Singapore’s Banking Giants

Both the investment firms linked to DBS and Bank of Singapore have listed office addresses in Singapore’s business district, while the two accused directors have upscale residential addresses. The ...

Posted on 30/08/2023

Billion-dollar money laundering case embroils Singapore’s banking giants

Prosecutors have said they are seeking documents from at least 10 financial institutions in relation to the case. Read more at straitstimes.com.

Posted on 30/08/2023

Singapore braces for ‘partisan’ vote for president, guardian of its vast reserves

Singapore’s presidency has been directed elected only since 1993, after the late Lee Kuan Yew proposed a constitutional amendment to guard against unfettered access to the government’s reserves if a ... ( read original story ...)

Posted on 30/08/2023

Suspects Back in Court Over Singapore’s Swoop on Major Money Laundering Ring

SINGAPORE (Reuters) - Ten foreigners accused of involvement in a major money laundering operation in Singapore were set to appear in court on Wednesday, some facing new charges as the city-state seek ... ( read original story ...)

Posted on 30/08/2023

Cars, crypto, cash derived from illegal online gambling: Men in S$1b money laundering case get fresh charges

SINGAPORE — Two men remanded for an ongoing money laundering probe involving 10 people and more than S$1 billion in assets received more charges on Wednesday (Aug 30) for having millions in cash, ...

Posted on 30/08/2023

Vena Energy aims for Singapore power imports before 2030, sees huge potential in region

The project involves a subsea cable to Singapore and will be completed in phases by 2032. Read more at straitstimes.com.

Posted on 30/08/2023

India To Resume Rice Export To Singapore Despite Ban. Here’s Why | EXPLAINED

India resumed its rice export to Singapore, to "meet special food security requirements" of the Southeast Asian country. Other than this, India, order to prevent export of non-Basmati white rice, ...

Posted on 30/08/2023

Singapore to bridge Africa-Asia trade – Minister Yong

Singapore has about 100 companies operating in 40 African countries. Singapore could bridge the Africa-Asia trade despite the tepid investments seen from African investments, according to Minister for ...

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