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Month: September 2023

Posted on 06/09/2023

Singapore is top Asean destination for companies looking to expand footprint in next 2 years: HSBC survey

MORE than a third of international firms with an in-market presence say they will prioritise their growth in Singapore over the next two years, according to the findings of a new survey by HSBC ...

Posted on 06/09/2023

Foreign firms speeding up growth plans in Singapore and Asean: HSBC survey

The top five reasons cited on why Singapore was attractive for business expansion were its skilled workforce, growing digital economy, developed infrastructure, supportive government and regulatory ...

Posted on 06/09/2023

Assets involved in money laundering case nearly double to $1.8b: Prosecutors

The update in the value of assets involved was revealed in a hearing where one of accused argued for bail to be granted. Read more at straitstimes.com.

Posted on 06/09/2023

VB in Conversation – Why Arta Finance CEO chose Singapore as homebase

Why Arta Finance CEO chose Singapore as homebase Before founding the startup Arta Finance, CEO Caesar Sengupta headed up all fintech efforts at Google. Towards the end of his tenure, he was asked by ...

Posted on 06/09/2023

Here’s what you can Expect from Singapore-Grown Start-Up Responsible Cyber at Tech Week Singapore 2023

Chaos, destruction, and dystopia are not typically thoughts you expect to entertain when going through the aisles of a technology event for business. A Singapore-grown ...

Posted on 06/09/2023

Singapore’s New President Does Not Imply a Mandate for the PAP

Tharman Shanmugaratnam’s landslide victory may seem like an endorsement of the ruling People’s Action Party (PAP), but is better seen as a reflection of his personal popularity.

Posted on 05/09/2023

Singapore-based Evergreen Group Holdings to invest $7.5m in K-Pop company Attrakt

Singapore-based Evergreen Group Holdings has revealed plans to invest about 10 billion South Korean won (approx. USD $7.5 million) in K-Pop entertainment agency Attrakt. That’s according to multiple ...

Posted on 05/09/2023

Singapore Narrowly Averts Recession In First Half Of 2023

GDP estimate for 2023 was revised down to 0.5% yoy compared with the advance estimate of 0.7% yoy. The service sector economy is expected to be more resilient, boosted by the continued recovery of ...

Posted on 05/09/2023

Assets involved in money laundering case balloons to S$1.8bil: Prosecutors

The police have taken control of more than S$1.8 billion in assets as they continue to investigate one of the largest money laundering cases in Singapore, prosecutors told the High Court on Tuesday ...

Posted on 05/09/2023

Seizures linked to billion-dollar bust balloon to S$1.8b: Prosecutors

THE police have taken control of more than S$1.8 billion in assets as they continue to investigate one of the largest money laundering cases in Singapore, prosecutors told the High Court on Tuesday ...

Posted on 05/09/2023

Singapore money laundering case exposes gaps in defenses

A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund flows from abroad and raising questions about loopholes that enabled an alleged crime ...

Posted on 05/09/2023

Singapore: Small improvement in the Manufacturing PMI – UOB

UOB Group’s Senior Economist Alvin Liew and Associate Economist Jester Koh comment on the publication of the PMI results in Singapore. Singapore’s manufacturing outlook improved marginally as the ...

Posted on 05/09/2023

Hudini secures EVA-ready status from Singapore Tourism Board

Hudini, a provider of smart hospitality solutions, has obtained E-Visitor Authentication (EVA)-ready status from the Singapore Tourism Board. The company has been recognised as EVA-ready due to its ...

Posted on 05/09/2023

Singapore shares fall amid declines across Asia-Pacific, STI down 0.4%

Losers outnumbered gainers 286 to 274 as 1.2 billion shares worth $656.2 million changed hands. Read more at straitstimes.com.

Posted on 05/09/2023

Ryde Group Ltd. Files For $17 Million U.S. IPO

Summary Ryde Group Ltd. has filed for an IPO to raise $17.25 million in gross proceeds. The Singapore-based firm operates a platform for car-pooling and ride-hailing services. Ryde is experiencing ...

Posted on 05/09/2023

Singapore to expand ocean CO2 removal project as scientists call for more research

Singapore is planning to expand a pilot project that boosts the ocean's capacity to absorb carbon dioxide emissions, using one of several emerging technologies that supporters hope can play a decisive role in the global battle against climate change.

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