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Month: October 2024

Posted on 30/10/2024

11 Best Halal Buffets in Singapore (Oct 2024)—Starting From $29.50++

Whether you’re a Muslim or are dining with Muslim friends, you’ll be pleased to know that many of the best buffets in Singapore are halal-certified. We’re not just talking about the indulgent ...

Posted on 30/10/2024

Standard Chartered to double down on wealth management as profit beats forecasts

Standard Chartered is to double investment in its wealth management arm as the bank beat estimates for its third-quarter profit and boosted plans for shareholder returns.

Posted on 30/10/2024

Singapore on radar for 74,000 ultra-rich UK foreign residents hit by tax change

WEALTH managers are seeing increasing interest from ultra-rich foreigners looking to relocate to Singapore from the UK ... UK is set to abolish the non-domiciled – or “non-dom” – tax status of some 74 ...

Posted on 30/10/2024

Singapore MAS Sets Up New Fintech Network Led by Former Chief

Singapore’s former central bank chief Ravi Menon is reuniting with his former colleagues at a new financial and technology network with plans including fund raising for startups.

Posted on 30/10/2024

Singapore gov’t to invest $204m to boost national supercomputing prowess

here in Singapore, in our region, and around the world.” He added: "With continued investment in high-performance computing, strategic partnerships, and a strong focus on developing experts, we are ...

Posted on 30/10/2024

Singapore ex-central banker aims to spearhead global fintech growth with new non-profit

Singapore's longest serving central banker, Ravi Menon, will head a new non-profit to drive fintech innovation and growth globally, the Monetary Authority of Singapore (MAS) said on Wednesday. Menon, ...

Posted on 30/10/2024

Property tycoon Ong Beng Seng allowed to leave Singapore with additional S$800,000 bail

SINGAPORE: Property tycoon and hotelier Ong Beng Seng was granted permission by a court on Wednesday (Oct 30) to leave Singapore for over a week, with additional bail conditions including S$800,000 ... ( read original story ...)

Posted on 30/10/2024

Singapore shares edged down on Wednesday morning—STI fell by 0.1%

In the broader market, 78 stocks gained while 50 declined, with approximately 53 million shares worth S$86.3 million traded ...

Posted on 30/10/2024

Crypto exchange Gemini gets MAS’ in-principle nod for major payment institution licence

AMERICAN cryptocurrency exchange Gemini has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution licence. Read more at The Business Times.

Posted on 30/10/2024

Crypto exchange Gemini gets initial greenlight for Singapore expansion

U.S.-based crypto exchange Gemini has received a preliminary approval from Singapore authorities, a key milestone in the company’s plan to expand in Asia.

Posted on 30/10/2024

Ong Beng Seng back in court; granted permission to leave Singapore for business

He has to provide additional bail of $800,000 for a work-related trip to London, Boston, Gibraltar and Spain. Read more at straitstimes.com.

Posted on 30/10/2024

Court allows Malaysian property tycoon Ong Beng Seng to leave Singapore with extra RM2.7m bail

Property tycoon and hotelier Ong Beng Seng was granted court permission today to leave Singapore for over a week, with a total cash bail of S$1.6 million (RM5.3 million) following additional bail ...

Posted on 30/10/2024

Hedge Funds Turning to Singapore Dollar to Make US Election Bets

The Singapore dollar is emerging as a popular US election trade for option investors.

Posted on 30/10/2024

MAS sets up finance and technology network to be chaired by Ravi Menon

THE Monetary Authority of Singapore (MAS) has established the Global Finance & Technology Network (GFTN) with its board to be chaired the central bank’s former managing director, Ravi Menon. Read more ...

Posted on 30/10/2024

Departing HSBC Europe Executive to Join Serendipity Board

Colin Bell, who is stepping down from running HSBC Holdings Plc’s European operations at the end of the year, will join the board of Singapore-based investment firm Serendipity Capital.

Posted on 30/10/2024

Singapore Institute of Advanced Medicine Holdings reports FY2024 loss of $37.4 mil

The Singapore Institute of Advanced Medicine Holdings (SAM) has reported a loss after tax and total comprehensive loss for the year of $37.4 million for the FY2024 ended June 30, more than twice its ...

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