SINGAPORE: Singapore faces greater money laundering and terrorism financing risks than other countries because it is an international finance and business hub, says Prime Minister Lawrence Wong. “But ...
Possible CEO changes at DBS, UOB should be seen as positive
Are more high-level changes in Singapore’s finance sector forthcoming? The chief executive officers of DBS and UOB are older than Menon, and have been in place since September 2009 and April 2007, ...
Network coverage in Singapore
A key part of any mobile phone specification is its operating frequency bands. The supported frequency bands determine whether a certain handset is compatible with a certain network carrier. Beside ...
Singapore Needs Reforms to Revive Its REITs
Activist investors are agitating to balance a playing field tilted against them. Regulators must also do their bit.
Singapore is world’s most expensive city
Singapore has reaffirmed its position as the world’s most expensive city, according to Julius Baer’s The Global Wealth and Lifestyle Report 2024. The city has also secured its status as the priciest ...
Singapore says seized more than $4B in dirty money since 2019
SINGAPORE ― Singapore has seized SG$6 billion ($4.4 billion) linked to crime and money laundering since 2019, the wealthy city state said Wednesday, after a massive dirty money scandal marred its ...
Singapore and Hong Kong are the most expensive cities for the ultra-rich to spend their millions
Singapore is the most expensive city for high-net-worth individuals, according to a new report.The Asian city-state is followed by Hong Kong and London in Julius Baer's Lifestyle Index.The ranking ... ( read original story ...)
Singapore telecoms firm mired in controversy over ‘porn promoting’ advert for youngsters
An advertisement produced by a telecoms company in Singapore has been attacked as “promoting pornography” by critics, but the firm hit back saying it was aimed at challenging norms and boosting ...
Singapore Says It Has Seized $4.4 Billion in Dirty Money Since 2019
Authorities in the city-state reported that money laundering activities are increasingly sophisticated and involve large sums, affecting many victims across borders.
Singapore stocks inch up on Wednesday as May factory output beats forecasts
SINGAPORE stocks ended slightly higher on Wednesday (Jun 26), as the city-state’s factory output data beat forecasts in May. Read more at The Business Times.
Singapore seized $6 billion in dirty money since 2019
Singapore has seized S$6 billion ($4.4 billion) linked to criminal and money laundering activities over the past five years, of which about half of these illicit assets were from last year’s record ...
Singapore Says Seized More Than $4 Billion In Dirty Money Since 2019
Last week, financial authorities said the banking sector, including wealth management, was "assessed to pose the highest money laundering risks to Singapore". They added that banks were "more easily ...
Singapore determined to address financial crime risks
Singapore last year busted a $2.24-billion money laundering ring run by foreigners, with the last of 10 offenders sentenced on June 10. Those involved had held money in bank accounts in Singapore and ... ( read original story ...)
The HSBC Revolution Card’s Latest Nerf—Bye Bye 10X Points on Contactless Payments and Travel Spend (MoneySmart Review 2024)
Uh oh. We have another nerf. The HSBC Revolution Card has been a favourite among Singapore credit card users for letting you earn HSBC rewards points for online and contactless transactions. That ...
Standard Chartered expands global DPM team, adds to fixed income capability
Standard Chartered (“the Bank”) has announced the addition of four specialists to its global team based in Singapore to deepen its Discretionary Portfolio Management (DPM) and Chief Investment Office ...
H2 2024 Outlook: Adapting to shifting winds
Wealth Solutions Chief Investment Office (CIO) has released its Global Market Outlook for the second half (H2) of 2024, providing its investment strategy and key themes for navigating global markets.