SINGAPORE (The Straits Times/ANN): A total of 309 suspects ... members of the public should always reject requests by others to use their bank accounts or mobile lines, the police said. For more ...
Hong Kong fines DBS US$1.28 million over breaching anti-money laundering rules
The Hong Kong unit of DBS Group Holdings, Singapore's biggest lender, was fined HK$10 million (US$1.28 million) by Hong Kong's banking regulator for violating anti-money laundering (AML) and ...
DBS unit fined $1.7m in Hong Kong for anti-money laundering breach
DBS Group Holdings’ Hong Kong unit was fined HK$10 million ($1.73 million) by Hong Kong’s regulator for lapses in adhering to anti-money laundering and counter-terrorist financing regulations.
S$30,000 love scam & S$10,000 debt: How these OCBC staff prevent customers from falling victim to scams and help with challenging bank issues
Another incident that stood out to Loke was an elderly lady trapped in a love scam. The woman came in for help to transfer S$30,000 to her “boyfriend” she met on Facebook messenger. “She was very ...
Singapore’s retail sales up 2.2% in May
Singapore's May retail sales rebounded year-on-year, gaining 2.2 per cent. But excluding motor vehicle sales, it stayed flat. Food and beverage sales gained 2.9 per cent from a year ago. Analysts say ...
Is Investing in Gold Bullion and Using Safe Deposit Boxes in Singapore Worth It?
Investing in gold bullion and securing it in secure storage vaults in Singapore has become a consideration for building diversified investment portfolios that can hedge against market volatility and ...
Three tips to avoid buying unsuitable investment products
You should view all your investments seriously as your effort will determine whether you can have a good retirement. Read more at straitstimes.com.
Singapore Endures More Port Delays as 90% of Container Ships Arrive Late
Waiting times for incoming ships may have peaked, but delayed shipments at the port are still up 27 percent year-over-year, says FourKites.
Local golfer Chen Xingtong, 15, is youngest female to win Singapore Open Amateur C’ship
On July 5, the 15-year-old fan of Spanish Ducati rider Marc Marquez fulfilled her side of the bargain in style as she became the youngest player to win the ladies’ division of the 76th Singapore Open Amateur Championship.
Singapore couples are marrying earlier to buy homes, leading some to regret
Singapore citizens can buy less costly new flats and and receive generous housing grants from the government. Those below the age of 35 must be engaged, married, have children or apply with other ... ( read original story ...)
Outstanding banking and finance industry champions crowned at Asian Banking & Finance Awards 2024
Wholesale Banking Awards, Retail Banking Awards, Corporate and Investment Banking Awards, and the inaugural FinTech Awards recognised the industry's top performers for their innovation, dedication, ...
HK fines DBS Bank $1.3M for money laundering breaches
HONG KONG ― The Hong Kong Monetary Authority (HKMA) fined the local arm of Singapore's DBS Bank HK$10 million ($1.3 million) for breaches of its anti-money laundering law, the banking regulator said ...
Taiwanese and Chinese companies flock to Singapore as politically safe investment haven
Singapore is trying to shed its 'Crazy Rich Asians' reputation, as residents blame foreign investment for the cost-of-living crisis.
Singapore crowned APAC’s top business travel destination
Trailing Singapore in the rankings are Hong Kong, which secured the second spot, as well as Bangkok, Tokyo and Kuala Lumpur.
Singapore, Europe to deepen tech cooperation for chips, AI
SINGAPORE - Europe wants more cooperation with Singapore on all things digital, including scientific research, technology supply chains and governance of artificial intelligence, the European Union’s ...
Singapore is working on technical guidelines for securing AI systems
Singapore plans to soon release instructions it says will offer "practical measures" to bolster the security of artificial intelligence (AI) tools and systems. The Cyber Security Agency (CSA) is ...