Singapore’s glitzy financial skyline is currently facing unprecedented scrutiny. Not for its high-rise buildings or posh real estate, but for the uncomfortable spotlight on a money-laundering scandal ...
Singapore raises deposit insurance scheme to S$100,000 in April
Singapore’s central bank is increasing its deposit insurance coverage per depositor to a maximum of S$100,000 ($73,160) from April next year.
Woman finds $10 deal for fish fillets on Facebook, ends up losing over $44k to scammers
An online order for grouper fillets that was supposed to cost $10 ended up costing one woman more than $44,000 after scammers took control of her Android phone and banking details remotely. Read more ...
DBS clinches most investment banking fees in Singapore
Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting. DBS Group Holdings has captured the biggest share of investment banking fees in Singapore across the ...
Singapore’s investment banking fees decline on fewer M&As
Banks also recorded lower DCM fees compared to the first nine months of 2022. Banks in Singapore generated an estimated US$585.2m worth of investment banking fees in the first nine months of 2023, 20% ...
Singapore investment banking fees down 20% year to date, M&A value falls to decade low
INVESTMENT banking fees generated in the first three quarters of 2023 amounted to an estimated US$585.2 million, down 20 per cent compared with the first nine months of 2022, based on Refinitiv data ...
I am proud of how far Singapore has come. But let’s not trade liveability for short-term returns
In a speech at Singapore's climate rally, Madhumitha Ardhanari asked her audience to dream of a Singapore that thrives within planetary boundaries and reconsiders what progress means beyond ...
UOB Kay Hian ups SingPost’s TP to 51.5 cents after postage rate hike
With the postal rate hike, we now reckon that the domestic parcel and post (DPP) segment has reached a bottom." ...
‘Who should I hire? Will I get rich?’ Fortune telling is a booming business in Singapore
From wealth, to weddings, and who to work with, more and more people are turning to fortune telling in Singapore.
I am proud of Singapore and how far we have come. But let’s not trade our long-term liveability for short-term returns
When I think of what I care about, I start with my loved ones. You may think I'm talking about my family, friends, but I'm also thinking of the places I treasure - the old Stamford library, a ...
Why Singapore’s 3G phaseout is a double-edged sword
Singapore will shut down its 3G services by 31 July 2024. Singapore’s ambition to become a smart nation is a step closer with its planned phaseout of 3G services, but the move risks widening the ...
China property crisis holds Singapore, Hong Kong REITs back
SINGAPORE -- China's ongoing property crisis has piled further pressure on real estate investment trusts (REITs) in Asia as investors tread warily, with the troubles of Chinese players feeding doubt ... ( read original story ...)
Founder of Chinese gambling website linked to Singapore’s $2b money laundering case
The 34-year-old who avoided arrest in Singapore was living in a good class bungalow in Tanglin. Read more at straitstimes.com.
Singapore wages war on invasive plant, animal species that exact costs on cities worldwide
Costs arise when the species attack food crops or carry diseases that can lead to epidemics. Read more at straitstimes.com.
Singapore’s Largest Money Laundering Case Sees Assets Worth $1.76bn Seized, includes Crypto
In what is being touted as Singapore's most significant money laundering operation, authorities reported a staggering increase in the total value of assets ...
Singapore: Chinese cab driver allegedly abuses woman, her daughter assuming them to be Indians
A Chinese cab driver in Singapore is under investigation after he allegedly abused a woman and her nine-year-old daughter during a ride over misinformation of destination and even assuming them to be ...