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Month: May 2024

Posted on 30/05/2024

Singapore contributes $17.7m to WHO’s inaugural investment round

The Ministry of Health emphasises prioritising health emergency preparedness. Singapore has announced its grant of $17.7m (S$24m) to the World Health Organisation’s (WHO) newly launched investment ...

Posted on 30/05/2024

Singapore’s largest bank DBS holds $650 million in ETH: repor

Singapore’s DBS bank holds over 173.7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank that ...

Posted on 30/05/2024

Kuok Group buys back JBCS mall 20 years after it sold to Singapore’s sovereign fund

This transaction involves the Malaysian firm Allgreen regaining a 70% share in the popular mall, with the deal estimated to be worth RM850M. ( read original story ...)

Posted on 30/05/2024

Yunhe Wang Arrested in $5.9 Billion Fraud; Network Dismantled in Singapore

In a shocking turn of events, US officials have disrupted a global cybercrime network led by Wang that defrauded the US government of billions of dollars in cooperation with foreign accomplices. An ...

Posted on 30/05/2024

Singapore’s Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen

DBS, the largest bank in Singapore, is an ether {{ETH ... a go-to technology for investment banks to tokenize capital markets. The bank is not new to crypto and offers a range of services, including ...

Posted on 30/05/2024

Singapore man who went to JB 3 days ago can’t be reached, family makes police report

A Singaporean man who went to Johor Bahru three days ago has become uncontactable, and his friends and family members are mystified over what could have happened to him. Mardave Parades Manuel, 29, ...

Posted on 30/05/2024

Singapore’s DBS Bank holding $650M Ethereum? Nansen flags whale holdings

According to Nansen, they have identified the whale as DBS, one of the largest banks in Singapore. Nansen estimates that the crypto wallet has already made a profit of $200 million from holding Ether ...

Posted on 30/05/2024

Singapore shares open lower on Thursday—STI dropped by 0.2%

SINGAPORE: Singapore shares opened lower on Thursday, tracking losses in US and European markets from... The post Singapore shares open lower on Thursday—STI dropped by 0.2% appeared first on The Inde ...

Posted on 30/05/2024

Singapore surgeon and other female changemakers win big at 2024 Cartier Women’s Initiative

In its 17th edition, Cartier's impact entrepreneurship programme invests in female-founded start-ups driving change. Read more at straitstimes.com.

Posted on 30/05/2024

Singapore Boy, 10, Solves Rubik’s Cube In Under 11 Seconds While Juggling Balls

Guinness World Records shared a video of the boy's incredible achievement on Instagram on May 29, more than a month after the record.

Posted on 30/05/2024

Singapore Invests Close to S$300 million in National Quantum Strategy and Announces Green Data Centre Roadmap for Sustainable Growth

Mr Heng Swee Keat, Singapore's Deputy Prime Minister and Chairman of the National Research Foundation NRF, outlined an investment of close to S$300 million into Singapore's National Quantum Strategy ...

Posted on 30/05/2024

South-east Asia’s growth-dominated PE industry needs stronger IPO markets: Bain

The Singapore Exchange’s velocity was 32 per cent ... Varma said PE exits globally are relatively evenly spread across three main strategies: initial public offerings (IPOs), sales to other companies, ...

Posted on 30/05/2024

Bank of Singapore establishes independent investment advisory council

Bank of Singapore (BoS), on May 30, announced that it has created an independent investment advisory council. The council will augment the bank’s chief investment officer’s (CIO) research capabilities ...

Posted on 30/05/2024

HSBC leads Series A investment in Apac digital market infrastructure operator Marketnode

Singapore-based digital market infrastructure operator Marketnode has completed its first successful close of its Series A investment round led by HSBC alongside contributions from existing ...

Posted on 30/05/2024

Chinese national arrested in Singapore for creating malware that allowed criminals to steal billions

Dozens of his assets and properties may be seized, the DOJ said. They include a Singapore-registered 2022 Ferrari F8 Spider, bank accounts with CIMB Bank, Citibank Singapore and banks in Thailand, a ...

Posted on 30/05/2024

Singapore’s Grab to work with OpenAI to boost app accessibility

SINGAPORE -- Singapore-based ride hailer Grab Holdings says it will work with OpenAI to incorporate generative AI technology into its app, the first such partnership in Southeast Asia for the ChatGPT ...

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