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Month: July 2024

Posted on 02/07/2024

Singapore stocks rose on Tuesday—STI increased by 0.2%

SINGAPORE: Singapore stocks rose on Tuesday, July 2, influenced by overnight gains in the US and European markets. The Straits Times Index (STI) increased by 6.37 points or 0.2%, reaching 3,344.94 by ...

Posted on 02/07/2024

Most Singapore companies not fully measuring Scope 3 emissions; understanding is low: study

ONLY 6 per cent of Singapore business leaders said that their organisation is fully measuring and analysing Scope 3 emissions – the carbon emitted along a company’s value chain – said a study released ...

Posted on 02/07/2024

Ninja Van cuts 5% of Singapore staff in second round of lay offs

Ninja Van axed about 10 per cent of its regional tech team, after determining that they were “no longer required”.

Posted on 02/07/2024

Singapore warns of misuse of remittance for terrorism financing

Money remittances remain the highest risk sector of being exploited for Terrorism Financing (TF) in Singapore, according to a report published in the country on July 1.

Posted on 02/07/2024

GOVT Singapore creates brand campaign for OCBC

OCBC has unveiled a new brand campaign across its core markets, solidifying its One Group approach to capitalise on wealth and business opportunities in ASEAN and Greater China.

Posted on 02/07/2024

Credit cards can influence consumer behaviour towards sustainability

SINGAPORE: Your credit cards that come with petrol discounts might soon have more perks for electric vehicle (EV) charging and other sustainable products, as banks drive towards their net-zero ...

Posted on 02/07/2024

Singapore’s Increased Scrutiny on Family Offices Is Creating More Work for Lawyers

In the wake of a major money laundering scandal, authorities are paying closer attention to the wealth management sector, driving clients to seek more legal advice out of fear they could be subject to ...

Posted on 02/07/2024

Niva Bupa files draft papers for Rs 3,000-crore IPO

The OFS will see the promoter company, Bupa Singapore Holdings Pte, sell shares worth Rs 320 crore while external investor Fettle Tone LLP will sell shares worth Rs 1,880 crore.

Posted on 02/07/2024

4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio?

Here are four Singapore stocks that recently touched either their 52-week highs. Let’s dig deeper to determine if they should be included in your investment portfolio. OCBC is Singapore’s ...

Posted on 02/07/2024

Ninja Van Cuts Singapore Staff in Second Round of Layoffs, ST Reports

Ninja Van has cut 5% of its Singapore staff amid its expansion into business-to-business restocking and cold chain logistics, the Straits Times reported, citing the company.

Posted on 02/07/2024

Paxos Wins Approval from Singapore to Issue Stablecoins

Paxos secures Singapore's approval to issue stablecoins, boosting its global cryptocurrency operations and partnership with DBS Bank.

Posted on 02/07/2024

4 Things To Know About OCBC’s Offer For Great Eastern, And Why Things Could Be More Complicating Than It Seems

OCBC is making an offer for all outstanding Great Eastern (SGX: G07) shares that it currently does not own but delisting make be complicating.

Posted on 02/07/2024

Johor MB, UOB meet in Singapore to discuss business opportunities on special economic zone

Datuk Onn Hafiz Ghazi and UOB senior managers met in Singapore on Monday to discuss business opportunities from the new Johor-Singapore special economic zone (SEZ). UOB, which hosted the meeting at ...

Posted on 01/07/2024

Singapore’s money remittances at high risk of being misused for terrorism financing, says govt report

Money remittances remain the highest risk sector of being exploited for Terrorism Financing (TF) in Singapore, according to a report published on Monday (July 1).

Posted on 01/07/2024

Singapore flags money laundering risk in banking sector

Singapore is inherently exposed to money laundering due to the amount of international banking operations run out of the state, said Colin Jarraw, partner at Virtus Law (Stephenson Harwood (Singapore) ...

Posted on 01/07/2024

Singapore court dismisses appeal to lift freezing order on assets of wife of Three Arrows founder

THE High Court of Singapore has dismissed an appeal from the wife of a founder of failed crypto hedge fund Three Arrows Capital (3AC) to lift the freezing order on her assets. Read more at The ...

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