SINGAPORE: Two men involved in a massive S$1.8 billion money laundering case in Singapore were denied bail on Wednesday (Sep 6) after a judge found them flight risks.
Billionaire Wee Cho Yaw’s United Overseas Bank Doubles Down On Retail Expansion And Digital Play
Buoyed by the acquisition of Citibank’s retail franchises in the region, UOB is building a new tech hub in Singapore.
Digitalisation not a disruption for banks; leverage workforce longevity: UOB executives
SOUTH-EAST Asia is an important regional production hub that is benefitting from global supply-chain shifts, with UOB in a strong position to contribute to its economic development and sustainable ...
Singapore’s 50 Richest 2023: As Facebook Cofounder Eduardo Saverin Takes The Top Spot, Combined Wealth Rises To $177 Billion
This story is part of Forbes’ coverage of Singapore’s Richest 2023. See the full list here.
Why Singapore Property Billionaire Kwee Liong Tek Is Betting On Tech
This story is part of Forbes’ coverage of Singapore’s Richest 2023. See the full list here.
Singapore Hotel Group Pursues Expansion Despite High Interest Rates
By end-2023, unlisted Worldwide Hotels will add about 2,000 rooms at home, bringing its total there to 8,671, making it one of the city-state’s largest hotel groups along with French hospitality group Accor and Far East Organization, controlled by billionaire brothers Robert and Philip Ng (No. 2).
Company set up so wife of accused in $1.8b money laundering case can get employment pass: CAD
This was revealed in an affidavit to support the prosecution’s application that no bail be granted to her husband, Wang Baosen. Read more at straitstimes.com.
Singapore Seizes Alleged Launderer’s Millions in Swiss Banks
Singapore police seized S$125 million ($92 million) from a suspected money launderer’s accounts with Bank Julius Baer and Credit Suisse Group AG’s local unit as a billion-dollar scandal continues to ...
Singapore Is Most Crypto-Friendly Destination, Report Says
Singapore is the world's most crypto-friendly place with flexible tax laws, high levels of adoption and offers of citizenship to foreigners.
Global Investor Programme: We Simplify Singapore’s Golden Visa
It is probably for this reason that the country introduced the Singapore Global Investor Programme (GIP) in 2004, a perfect platform for a non-Singaporean individual to make the city-state their home.
Jupiter Life Line Hospitals IPO: Check day 1 subscription details, latest GMP
J upiter Life Line Hospitals Ltd witnessed strong demand on the first day of its initial public offering. The subscription period began on September 6, 2023, and will conclude on September 8, 2023.
Singapore tax collection up 13.1% to S$68.6 billion in FY22/23, reflects post-Covid recovery
SINGAPORE’S tax revenue for financial year FY 2022/2023 rose 13.1 per cent to S$68.6 billion compared to the year before, reflecting the economic recovery following the end of the Covid-19 pandemic, ...
Company set up for wife of accused in $1.8b money laundering case to get employment pass: CAD officer
SINGAPORE - The company owned by the wife of one of the accused in the $1.8 billion money laundering case was set up for her to get an employment pass (EP) here. Read more at straitstimes.com.
Singapore: Retail Sales surprised to the upside in July – UOB
Senior Economist Alvin Liew and Associate Economist Jester Koh at UOB Group assess the release of Retail Sales in Singapore. Singapore’s retail sales increased 1.1% y/y in Jul, lower than Bloomberg’s ...
Singapore tax collection up 13.1% to S$68.6 billion in FY2023, reflects post-Covid recovery
SINGAPORE’S tax revenue for financial year 2023 rose 13. ... Senior Employment Credit and Small Business Recovery Grant. Iras also noted that it rolled out several initiatives in the past year to make ...
CDL sees opportunities for more overseas expansion as it marks 60 years in business
SINGAPORE - Property giant City Developments Limited (CDL ... student accommodation and workers dormitories, to grow its core business of developing residential and mixed-use developments as well as ...