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Month: June 2024

Posted on 26/06/2024

Recent Singapore decisions highlight sanctions and export controls enforcement

Separately, a Singapore company has been fined more than SGD1.1 million (approximately US$840,000) on two charges of exporting strategic goods without the necessary export permits. The decisions ...

Posted on 26/06/2024

Singapore’s ST Engineering to add data center as restrictions lifted

SINGAPORE -- Singapore Technologies Engineering, a state-backed defense conglomerate, on Tuesday began construction of a data center in the city-state to meet booming demand, after the government ...

Posted on 25/06/2024

Undeterred by cooling demand, Singapore moves to spur private home building

The city state is pushing ahead with plans to sell the most residential land in over a decade as seeks to tackle a major surge in rents. ( read original story ...)

Posted on 25/06/2024

Singapore HR Employee Awards Herself $148,000 Hike To Pay Parents’ Medical Bills, Child’s Tuition Fee, Jailed

A 53-year-old human resource employee in Singapore has been jailed for 18 months for giving ... Between January and November 2019, she filed mobile phone expenses, holiday allowances and additional ...

Posted on 25/06/2024

Allied Blenders IPO: Rs 449 Cr Raised from Anchor Investors

Allied Blenders and Distillers, maker of Officer's Choice Whisky, has raised Rs 449 crore from anchor investors ahead of its IPO. The IPO will open for subscription on June 25th.

Posted on 25/06/2024

Singapore retains its title as the most expensive city for rich people to live ‘extremely well’ while Hong Kong rises to second place, Julius Baer says

Singapore is the most expensive city in the world for rich people to live the good life for the second year in a row, according to the Swiss private bank Julius Baer. The bank's Global Wealth and ...

Posted on 25/06/2024

Singapore stocks track regional gains on Tuesday; STI up 0.4%

SINGAPORE - Singapore stocks ended higher on June 25 ... The local banking trio ended higher on Tuesday. DBS gained 0.3 per cent or 11 cents to $35.65, OCBC rose 0.7 per cent or 10 cents to $14.41, ...

Posted on 25/06/2024

HR Employee In Singapore Jailed For Giving Herself $148,000 In Unauthorised Pay Raise

A human resource employee in Singapore has been jailed for 18 months for making ... From January to November 2019, she added mobile phone expenses, paid holiday allowances and some extra expenses to ...

Posted on 25/06/2024

Play For Dream Technology, Spatial Computing Company, is entering Singapore market with the World’s First Android-Based Spatial Computer, Play for Dream MR, Alongside Major …

Play For Dream Technology, a spatial computing company is launching the world's first Android-based spatial computer, Play for Dream MR. Play For Dream MR seamlessly blends digital and reality worlds ...

Posted on 25/06/2024

Singapore Premier League champions Albirex Niigata (S) face transitional challenges but deserve patience

As champions in six of the past eight seasons, Albirex Niigata (S) have been the dominant force of the Singapore Premier League in recent times. Never one to stand still, the White Swans' constant ...

Posted on 25/06/2024

5 Top Reasons Why Young Buyers in Singapore Embrace Property As an Investment

Investors continue to perceive Singapore’s property market as a safe haven to park wealth, especially in times of global economic headwinds or heightened geopolitical tensions. The high-end private ... ( read original story ...)

Posted on 25/06/2024

18 months jail for HR associate director who treated company as her ‘personal piggy bank’ taking S$196K through false claims

The judge in Tan’s case said that she treated the funds of D’Perception Singapore as her “personal piggy bank,” according to a report in TODAY Online. Tan was hired as the company’s human resource ...

Posted on 25/06/2024

City Developments takes out $400 million sustainability-linked loan from DBS

The loan marks the first of its kind with criteria guided by targets set by the company. Read more at straitstimes.com.

Posted on 25/06/2024

Money Talks – How do you pick the best mortgage loan for your new home?

Buying a home is one of the biggest financial decisions of your life. But how do you make sure that you’re getting the most out of your mortgage? In this episode of Money Talks, CEO of Mortgage Master ... ( read original story ...)

Posted on 25/06/2024

City Developments takes out S$400 million sustainability-linked loan from DBS

CITY Developments (CDL) has secured a S$400 million sustainability-linked loan from DBS to advance nature conservation and sustainable development in Singapore. Read more at The Business Times.

Posted on 25/06/2024

CDL secures $400 mil sustainability-linked loan from DBS with TNFD-aligned targets, a first of its kind

The SLL incorporates specific performance targets related to biodiversity conservation, waste management and water efficiency.

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