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Month: December 2023

Posted on 29/12/2023

Singapore fuel oil inventories up 2.6% at two-week highs

Exports out of Singapore dip 26% from last week * Imports mostly from Brazil, Japan and UAE * Inter-month price spreads weaken in recent weeks By Jeslyn Lerh SINGAPORE, Dec 28 (Reuters) - Onshore ...

Posted on 29/12/2023

Singapore’s middle distillates stocks little changed despite dip in net exports

Singapore's middle distillates stockpiles were little changed week-on-week, even as net exports of both gasoil/diesel and jet fuel/kerosene dipped for the first time in three weeks and two weeks, ...

Posted on 29/12/2023

Jail for guilt-ridden Singapore university student caught breaking into Apple office to try to return stolen goods

Aiming to finance his expenses and to send money home to Vietnam, Le Viet Hoang broke into locked offices at Apple and the Agency for Science, Technology ...

Posted on 28/12/2023

2 teenagers among 4 people nabbed at Tuas Checkpoint for allegedly importing e-vaporisers from Johor Bahru

Four men between 16 and 24 years old have been arrested for allegedly bringing in e-vaporisers from Malaysia via the Tuas Checkpoint on Dec 21, two days after Singapore authorities ...

Posted on 28/12/2023

A year of firsts for the Singapore stock market

WHEN I was asked to contribute a commentary to mark the year end, it was suggested to me that the topic should perhaps be along the lines of “A year of wins for shareholders”. As I looked through my ...

Posted on 28/12/2023

Singapore fines Credit Suisse US$3 million over bankers’ misconduct

The Monetary Authority of Singapore said that Credit Suisse bankers provided clients with inaccurate or incomplete post-trade disclosures, resulting in customers being charged above agreed rates.

Posted on 28/12/2023

Credit Suisse penalised $3 million after Singapore probe

The action on Credit Suisse follows its review of pricing and disclosure practices in the private banking industry, according to the MAS. The regulator said that its investigations revealed that ...

Posted on 28/12/2023

Malaysian actor says sorry after backlash for saying Singapore is ‘man-made’ and ‘too boring’

I sincerely apologize to any Singaporeans whom I’ve upset... I will pay more attention to future performances,” he gave his word of promise ...

Posted on 28/12/2023

Credit Suisse Penalized $3 Million After Singapore Probe

Credit Suisse has been penalized S$3.9 million ($3 million) by Singapore’s authorities after a probe found the lender failed to prevent or detect misconduct by its relationship managers.Most Read from ...

Posted on 28/12/2023

Scam alert: Deepfake ST video of Lawrence Wong promoting ‘guaranteed investment’ spread online

SINGAPORE: A deepfake video of Deputy Prime Minister Lawrence Wong is being spread on social... The post Scam alert: Deepfake ST video of Lawrence Wong promoting ‘guaranteed investment’ spread online ...

Posted on 28/12/2023

Singapore Companies Which Went Public in 2023: How Are They Doing?

Singapore's Initial Public Offering (IPO) market, with more dips than climbs. The numbers tell a stark story: a 95% drop in IPO proceeds to $28 million and market caps dwindling to $137 million. ( read original story ...)

Posted on 28/12/2023

Credit Suisse Slapped With $3M Fine By Singapore In Effort To Curb Financial Malpractices

In a move aimed at curbing financial malpractices, Credit Suisse has been hit with a $3 million penalty by the Monetary Authority of Singapore (MAS). The bank’s relationship managers were found to be ...

Posted on 28/12/2023

Four men, including two teens, detained for importing e-vaporisers

They had purchased the e-vaporisers from a shopping mall in Johor Bahru and tried to enter Singapore. Read more at straitstimes.com.

Posted on 28/12/2023

Singapore’s Budget 2024 to be delivered by DPM Lawrence Wong on 16 February 2024

Budget Statement will be delivered on Friday, 16 February 2024, by Deputy Prime Minister and Minister for Finance Lawrence Wong. To be delivered in Parliament, there will be live television and radio ...

Posted on 28/12/2023

6 things to note about CPF contributions in Singapore

The Central Provident Fund (CPF) was started by the Singapore government in 1955 as a key pillar of the country's social security system. It is run by the CPF Board, made up of a chairman and 14 other ...

Posted on 28/12/2023

Singapore factory output rises 1% in November, missing forecasts

SINGAPORE – Singapore’s factory output grew in November for a second month but fell short of expectations, largely due to a significant deceleration in electronics, as well as contractions in ...

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