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Month: September 2023

Posted on 15/09/2023

UPDATE 2-Singapore c.bank bars 3AC founders from market activity

Singapore's central bank said on Thursday it has barred the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) from market activity in the city-state for nine years. ( read original story ...)

Posted on 15/09/2023

Singapore’s anti-money laundering regime sound, but banks can ‘dial up scrutiny’ on property financing: DBS’ Gupta

SINGAPORE’S anti-money-laundering regime is sound, with banks having invested heavily in anti-fraud technology since the global financial crisis, said DBS Group CEO Piyush Gupta, although no system ...

Posted on 15/09/2023

Singapore’s 9th President sworn in, Tharman says, “I will serve with all my heart”

SINGAPORE: “I pledge to discharge my duties diligently, faithfully, and to the best of my abilities, for the betterment of Singapore and Singaporeans. I will serve with all my heart,” said Singapore’s ninth President, Tharman Shanmugaratnam.

Posted on 15/09/2023

4 Singapore Stocks Poised to Raise Dividends in 2024

OCBC is Singapore’s second-largest bank by market capitalisation ... StarHub is a telecommunication company offering mobile, broadband, and cable TV services, among others. The group reported an ...

Posted on 15/09/2023

Bongbong Marcos urges Singapore businessmen to invest in PH

President Ferdinand "Bongbong" Marcos Jr. on Wednesday encouraged Singaporean businessmen to invest in the Philippines’ renewable energy, smart and innovative economy and infrastructure ...

Posted on 15/09/2023

Singapore’s First Electric Cargo Vessel Set to Launch in Fourth Quarter

Singapore’s first electric cargo vessel is due to start sea trials and launch in the fourth quarter, according to Yinson Green Technologies, part of a consortium chosen by the city-state to help electrify marine craft.

Posted on 15/09/2023

Singapore’s Central Bank Bans Three Arrows Founders From Finance For 9 Years

Singapore's Monetary Authority (MAS) has imposed a stringent nine-year prohibition order on the founders of Three Arrows Capital, Zhu Su and Kyle Livingston Davies. This decision comes after the duo ...

Posted on 15/09/2023

Top 10 Evolution Gaming Live Casino Singapore 2023 | Real Money Casino Games

Explore top 10 live casinos Singapore featuring Evolution Gaming, a trusted provider of live casino games like blackjack, poker, baccarat, roulette etc.

Posted on 15/09/2023

SoftBank’s Arm rises up to 15% after year’s biggest IPO

Investors in the IPO included some of Arm’s biggest customers. The company set aside more than US$700 million of its stock for Intel Corp., Apple Inc., Nvidia Corp., Samsung Electronics Co. and Taiwan ...

Posted on 15/09/2023

Singapore arms firefighters with AI glasses

A two-year initiative will see Singapore firefighters using 5G-enabled smart glasses to inspect and identify defects in their equipment, so they can be better prepared to respond to emergencies.

Posted on 15/09/2023

Singapore central bank slaps Three Arrows founders with 9-year trading ban

Singapore's central bank issued on Thursday nine-year prohibition orders against Su Zhu and Kyle Davies, the founder of collapsed cryptocurrency hedge fund Three Arrows ...

Posted on 15/09/2023

Analysis: Citigroup’s layoffs, ‘sweeping’ restructuring in uncertain economic period unlikely to affect Singapore’s financial sector

Even though there is a possibility of layoffs in Citibank Singapore, which is a subsidiary of Citigroup, they said that it would not affect Singapore’s banking and finance sector as a whole because it ...

Posted on 15/09/2023

Eat Just weighs options for Singapore business

Eat Just and its Good Meat division are exploring options for its Singapore cultured meat business, which could include a sale, two sources familiar with the situation tell Axios.

Posted on 15/09/2023

LHN posts 85-100% occupancy rates for 3 co-living sites in Singapore

LHN Limited reported occupancy rates of 85 per cent to 100 per cent for three of its co-living locations in Singapore as at Sep 7, with average rental rates across the Singapore co-living business ...

Posted on 15/09/2023

Singapore’s anti-money laundering regime is sound, says DBS chief Piyush Gupta

Banks here have invested heavily in anti-fraud technology since the global financial crisis, said Mr Piyush Gupta. Read more at straitstimes.com.

Posted on 15/09/2023

Singapore-based waste-to-value firm plans maiden hub in India

A Singapore-based waste-to-value added product company - Memsift ... According to Mr. Prince, the company’s Improved Membrane Distillation technology “efficiently recovers valuable materials from ...

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