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Month: May 2024

Posted on 07/05/2024

4 Asset Classes That Low-Risk Singapore Investors Can Invest In Now

Singapore investors who aim for a return of between 5% and 7% p.a. prefer four low-risk asset classes, such as fixed deposits and government bonds.

Posted on 07/05/2024

Singapore Firm Pays $1.3M in Bitcoin Over Cyber Attack

The incident follows a ransomware attack on the Singapore Law Society’s private network system in May last year.

Posted on 07/05/2024

Singapore ranks 9th most crypto-friendly country in the world

Singapore ranked 9th amongst the world’s most crypto-friendly countries, with a score of 67.47 out of 100. In Singapore, 11.1% of the population holds crypto assets despite the 61.3% gap in the cost ...

Posted on 07/05/2024

New Singapore PM Wong will bring in a greater degree of openness

Donald Low is a senior lecturer and professor of practice in public policy at the Hong Kong University of Science and Technology. He is also the director ... When Lee Hsien Loong became prime minister ...

Posted on 07/05/2024

Singapore leads APAC in attracting cross-border capital

Overseas investments made up 45.6% of Singapore's capital in 1Q24. Singapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors.

Posted on 07/05/2024

Glencore, PT Chandra Asri nears $1bn deal for Shell’s Singapore assets

Indonesia’s PT Chandra Asri Pacific is expected to become operator and majority owner of Shell’s Singapore assets.

Posted on 07/05/2024

HSBC names ex-Citi banker as head of global banking in Singapore

Gilbert Ng has experience in corporate finance and risk management. HSBC has announced Gilbert Ng as the new head of global banking (GB) in Singapore, effective 2 May. Ng is tasked with growing the ...

Posted on 07/05/2024

Crypto.com says it now has more than 100 million global users

Singapore-based digital asset exchange Crypto.com today said that more than 100 million people around the world are now using its services. Per its press release, this milestone was achieved shortly ...

Posted on 07/05/2024

SICCI head: Ties between Singapore and India will continue to flourish under Lawrence Wong

SINGAPORE: At the centennial celebration of the Singapore Indian Chamber of Commerce and Industry (SICCI) on... The post SICCI head: Ties between Singapore and India will continue to flourish under La ...

Posted on 07/05/2024

SINGAPORE’S PRIVATE ECONOMY EXPANDS FOR 14 CONSECUTIVE MONTHS

SINGAPORE, May 6 (Bernama-Xinhua) -- The seasonally adjusted S&P Global Singapore Purchasing Managers' Index posted 52.6 in April, marking the Singaporean private business condition's continued ...

Posted on 07/05/2024

SIA and Scoot first airlines to get Neste’s Singapore-made sustainable fuel at Changi Airport

SINGAPORE: The Singapore Airlines (SIA ... shippers and freight forwarders to claim the associated environmental benefits for flights related to their business travel and operations, validating the ...

Posted on 07/05/2024

Five years’ jail for scam mastermind in Singapore who cheated company director of RM5.25mil

Under the pretence of facilitating a loan deal, a man who was a bankrupt duped a director of three firms into handing over $1.5 million in February 2021.

Posted on 06/05/2024

Luxury watch investment firm in breach of contract over timepieces worth $2.5m: High Court

The company was ordered to repurchase the watches at the prices it had offered. Read more at straitstimes.com.

Posted on 06/05/2024

Singapore reviewing proposal by SVCA to revive local stock market: FT

The document, according to the FT, is being reviewed by the Singapore Exchange S68 - Other agencies involved include the Economic Development Board, the Monetary Authority of Singapore and the ...

Posted on 06/05/2024

Man fined $8,000 for illegally importing 6.3 tonnes of meat products

SFA officers found and seized the goods, which included chicken, duck and mutton products. Read more at straitstimes.com.

Posted on 06/05/2024

Surge in Chinese tourist arrivals in Singapore for Labour Day ‘Golden Week’

Tour operators said arrival numbers rose by at least 20 per cent during the May 1 to 5 period.  Read more at straitstimes.com.

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