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Month: May 2024

Posted on 29/05/2024

Jail for director who worked with others to cheat 2 victims of over $541k in investment scheme

Hong was a Singapore Armed Forces regular when he committed the offences in 2016 and 2017. Read more at straitstimes.com.

Posted on 29/05/2024

$3b money laundering case: Accused Su Jianfeng handed 2 new charges, faces 14 charges in total

Su was handed six forgery charges on May 16, which accused him of submitting a number of property sales contracts to two banks, knowing they were false. This was allegedly to deceive the banks into ...

Posted on 29/05/2024

DBS maintains ‘hold’ call on Elite UK REIT with lower TP of 25 pence after site visit

DBS Group Research’s Tabitha Foo, Derek Tan and Dale Lai have maintained their “hold” call on Elite UK REIT while decreasing their target price to 25 pence (43 cents) from 28 pence previously ...

Posted on 29/05/2024

Man charged after he allegedly threatened to plant bomb at DBS headquarters

Ang Cheng Shin was caught within four hours after police received a report about the bomb threat. Read more at straitstimes.com.

Posted on 29/05/2024

Singapore-HQ Fintech Aspire Enters Hong Kong, Positioned For Further Growth Across Asia

License SINGAPORE & HONG KONG SAR - Media OutReach Newswire - 29 May 2024 - Aspire , a leading all-in-one fina ...

Posted on 29/05/2024

Industry partners to help realise Singapore’s Digital Enterprise Blueprint

Efforts are aimed at helping SMEs harness the power of digital technologies to ultimately drive Singapore’s digital economy.

Posted on 29/05/2024

Malaysian Billionaire Brothers’ IOI Properties Appoints CEO To Lead Singapore Push

IOI Properties—controlled by billionaire brothers Lee Yeow Chor and Lee Yeow Seng—strengthens Singapore office as Malaysian developer expands in the Lion City.

Posted on 29/05/2024

L’Oréal TechQuest Victors From The UAE And KSA Now Eye Singapore Finale

Four homegrown startups from the UAE and Saudi Arabia will potentially compete at the grand finale of the L'Oréal Big Bang Beauty Tech Innovation Program, the French multinational's inaugural open ...

Posted on 29/05/2024

Expats in SG amazed after their lost gift bag at Changi Airport was found in just 30 minutes; locals tell her, ‘It’s normal in Singapore’

SINGAPORE: Many believe that Singapore is one of the safest—if not THE safest—places in the... The post Expats in SG amazed after their lost gift bag at Changi Airport was found in just 30 minutes; ...

Posted on 29/05/2024

Shipment delays double as ships clog up Singapore’s ports

Shipment delays in Singapore have more than doubled, hit by a shortage of ships and containers, and congestion at ports. This could translate into higher prices for consumers, amid an impending supply ...

Posted on 29/05/2024

Singapore shares edge lower at Wednesday’s open; STI down 0.1%

SINGAPORE stocks started Wednesday (May 29 ... Over in Europe, shares fell on Tuesday as cautious commentary from Federal Reserve officials weighed on investor sentiments. The pan-European Stoxx 600 ...

Posted on 29/05/2024

India’s robust LNG imports are Asia’s standout, but higher prices may weigh

Asia's imports of liquefied natural gas (LNG) are displaying contrasting dynamics in May, with strength in usually price-sensitive buyers like India, but a softer trend in the developed economies such ...

Posted on 29/05/2024

India’s curry spice recalls in Singapore and Hong Kong prompt calls for tighter food safety standards

Several products by Indian brands MDH and Everest in Singapore and Hong Kong were found to contain traces of harmful ethylene oxide India needs to enhance food safety processes to protect the ...

Posted on 29/05/2024

Mondelēz International to Invest More than $5 Million USD in Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore

Mondelēz International opens Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore From left to right: Deepak Iyer, EVP & President, AMEA, MondelēMr Chan Ih-Ming, EVP, Economic Development ...

Posted on 29/05/2024

Singapore’s farming crunch has wider lesson: companies like grants, but prefer customers

SINGAPORE’S farms are finding it tough to turn a profit in spite of government aid. If the country is serious about its “30 by 30” target – to produce 30 per cent of domestic nutritional needs by 2030 ...

Posted on 29/05/2024

DBS hit with yet another service outage, just 2 days after MAS ban expired

SINGAPORE: DBS and POSB digital banking customers faced yet another service outage yesterday evening (2 May), barely two days after a six-month ban on non-essential information technology system ...

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