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Month: August 2024

Posted on 15/08/2024

Singapore charges two ex-bankers for helping $2.2 billion money laundering ring

A Singapore court on Thursday charged two former bankers for helping a group of foreigners who were convicted of laundering $2.2 billion last year in the biggest such financial crime in the Asian ...

Posted on 15/08/2024

DBS’ Piyush Gupta, Temasek’s Dilhan Pillay part of 21-member Future Economy Advisory Panel

SINGAPORE - DBS chief executive officer Piyush Gupta and Temasek CEO and executive director Dilhan Pillay are among 21 members of the new Future Economy Advisory Panel (Feap), which had its first ...

Posted on 15/08/2024

Leave requests, paperwork delays: Singapore construction firms feel the effects of Bangladesh unrest

More Bangladeshi workers worried about their families are asking for leave to return home, one construction company says.

Posted on 15/08/2024

Singapore charges two ex-bankers for helping $2.2 bln money laundering ring

A Singapore court on Thursday charged two former bankers for helping a group of foreigners who were convicted of laundering $2.2 billion last year in the biggest such financial crime in the Asian ...

Posted on 15/08/2024

Temasek’s billions at stake: Investment in US tech giants sees mixed fortunes amid market volatility

Temasek Holdings invested billions in US tech giants like Microsoft, Apple, and Nvidia, increasing its holdings by US$3.3 billion. Despite a subsequent dip in tech stocks, some have started to recover ...

Posted on 15/08/2024

Tencent-backed Airwallex hits $500 million annualized sales, aims to get IPO-ready by 2026

Payments startup Airwallex has reached an annual revenue run rate of $500 million and will be ready for an IPO by 2026, CEO Jack Zhang told CNBC.

Posted on 15/08/2024

Singapore charges 2 ex-bankers for helping $2.2 billion money laundering ring

A Singapore court on Thursday charged two former bankers for helping a group of foreigners who were convicted of laundering $2.2 billion last year in the biggest such financial crime in the Asian ...

Posted on 15/08/2024

Two former bankers from China charged in Singapore’s biggest money laundering case after SG$3b in assets seized

Two former bank employees, both Chinese nationals, were charged in Singapore on Thursday in connection with the city-state’s biggest money laundering ...

Posted on 15/08/2024

UOB seeks to double wealth AUM, trade loans by 2026

United Overseas Bank (UOB) is looking to expand its wealth and cards businesses, and is looking to become a “top cross-border trade bank” by 2026.

Posted on 15/08/2024

DBS’ next CEO Tan Su Shan: ‘What’ll define me as CEO? In a word, impact’

DBS CEO-designate Tan Su Shan tells ST how she is preparing for her upcoming role and what will define her stint. Read more at straitstimes.com.

Posted on 15/08/2024

DBS’ Piyush Gupta, Temasek’s Dilhan Pillay, DPMs part of 21-member Future Economy Advisory Panel

DBS chief executive officer Piyush Gupta and Temasek CEO and executive director Dilhan Pillay are among 21 members of the new Future Economy Advisory Panel (Feap), which had its first meeting on ...

Posted on 15/08/2024

Singapore Charges Ex-Citi, Julius Baer Bankers in Money Laundering Case

Singapore charged two former bank relationship managers who it accused of being involved in the country’s biggest money-laundering case, marking its first criminal actions against finance ...

Posted on 15/08/2024

Singapore Tech Startup iCOOL Secures US$4.5 Million in Angel Funding

Launch an AI-Powered Product-Personalisation and Co-Creation PlatformSingapore - August 14, 2024 — iCOOL Pte Ltd, a consumer technology ...

Posted on 15/08/2024

Two Chinese Bankers Charged In Singapore Money Laundering Case

Two former bank employees, both Chinese nationals, were charged in Singapore on Thursday in connection with the city-state's biggest money laundering case, police said.

Posted on 15/08/2024

Android users in Singapore try to install high number of dangerous apps despite dip in malware scams

Google’s security measure blocked installation of such apps on over 200,000 devices since Feb. Read more at straitstimes.com.

Posted on 15/08/2024

Singapore man gets jail, caning for molesting three minors, forcing two to touch his private parts while recording on phone

Ong Kian Peng, 32, was handed 15 months’ jail and two strokes of the cane He pleaded guilty to one count of using criminal force and two counts of outrage of modesty of ...

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