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Month: January 2024

Posted on 30/01/2024

It’s a phishing scam: IRAS warns of impersonation emails that claim to offer tax refunds

The Inland Revenue Authority of Singapore (IRAS) issued an advisory on Jan. 30, 2024, to warn the public about a resurgence of phishing emails that impersonate the tax authority.

Posted on 30/01/2024

Insurance agent burnt by crypto trading swindles clients and others of over S$193,000, gets jail

SINGAPORE: After losing money from cryptocurrency trading, an insurance agent with AXA began tricking his clients and acquaintances into giving him money, totalling more than S$193,000 (US$144,100).

Posted on 30/01/2024

Singapore’s investment pledges from U.S., China dropped in 2023

SINGAPORE -- Investment pledges to Singapore from American, European and Chinese companies fell in 2023 from the previous year, government data showed on Tuesday, as the global economic downturn cast ...

Posted on 30/01/2024

Singapore ranked 5th least corrupt country in 2023

The latest Transparency International Corruption Perceptions Index placed Denmark as the least corrupt country again, with Singapore remaining the only Asian country in the top 10.

Posted on 30/01/2024

Global anti-graft watchdog places Singapore as fifth least corrupt country in world index

SINGAPORE: Global anti-graft watchdog Transparency International has ranked Singapore as the fifth least corrupt country in the world, with a score that also places the Republic as the least corrupt ...

Posted on 30/01/2024

Singapore football coach sacking: Limp Lions not solely Nishigaya’s fault

The Football Association of Singapore and national players also have to take responsibility for recent poor performances. Read more at straitstimes.com.

Posted on 30/01/2024

Shanghai eyes Singapore as it chases foreign investments amid slowing economy

Investment promotion event launched on Jan 29 touting Shanghai as an attractive destination. Read more at straitstimes.com.

Posted on 30/01/2024

How this billionaire’s son bought Singapore’s Swee Lee at age 23, and carved a niche in the music business

Kuok Meng Ru, CEO of Caldecott Music Group which owns brands like Swee Lee and BandLab, discusses his entrepreneurial journey in the music business.

Posted on 30/01/2024

‘Next time it’s fire’: Man in Singapore gets Johor home splashed with paint by loan sharks after making enquiry online

Owe money, pay money — that's how the expression goes when it comes to loan sharks. But what if you've never owed them money to begin with? A Malaysian man working in Singapore has been hounded by ... ( read original story ...)

Posted on 30/01/2024

Singapore’s WRISE picks former Citi banker DJ Sengupta to lead Middle East expansion

Singapore-based WRISE said in statement. Prior to joining WRISE Wealth Management Middle East, he held senior wealth management positions at international financial institutions like Citibank and has ...

Posted on 30/01/2024

India and Singapore working on food security, green growth, and emerging tech: Indian envoy

Singapore is an indispensable partner in these new fields and active collaborations are ongoing, said Shilpak Ambule, Indian High Commissioner to Singapore, at the 75th Republic Day celebration reception.

Posted on 30/01/2024

Singapore households continue to spend as inflation eases in 2023; credit card debt not a concern

If rents of owner-occupied accommodation are excluded, the consumer price index (CPI) for households in the lowest 20 per cent income group increased by 4 per cent in 2023, down from 5 per cent in 2022. Join ST's Telegram channel and get the latest breaking news delivered to you.

Posted on 30/01/2024

What tech leaders hope to see in Singapore Budget 2024 (Part 1)

Davos 2024 highlighted the need to rebuild trust between economies amid global uncertainties. To better navigate this rapidly changing landscape, Singapore can accelerate its economic priorities with ...

Posted on 30/01/2024

Singapore draws $12.7b in fixed assets investments in 2023; set to create over 20,000 jobs

In 2023, the chemicals sector took the lead in fixed asset investment commitments at about 35 per cent. Read more at straitstimes.com.

Posted on 30/01/2024

Singapore’s 2023 investment commitments at S$12.7 billion, down 44% from 2022 high

SINGAPORE attracted S$12.7 billion in fixed asset investment (FAI) commitments in 2023, a sharp fall from record figures in 2022 but still above the country’s medium-to-long term goals, said the ...

Posted on 30/01/2024

Who are the 10 richest people in Singapore? Net worths, ranked – from Leo Koguan, a fan of Tesla’s Elon Musk, to Haidilao co-founder Zhang Yong, and one of Mark Zuckerberg …

The founder of United Overseas Bank, Wee Cho Yaw, the descendants of Standard Chartered Bank investor Khoo Teck Puat, and Sino Group's Robert Ng all make Forbes' list of richest people in Singapore ...

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