The amount of funds needed to complete the farm has now risen beyond S$110 million, from the initial projected cost of more than S$100 million.
JPMorgan Chase fined $1.8M for overcharging for bond trades by Singapore’s central bank
Singapore’s central bank said Monday it was fined JPMorgan Chase’s (NYSE:JPM) 2.4M Singapore dollars ($1.79M) for failing to detect and prevent misconduct by its relationship managers. The Monetary ...
Russia Seizes Ukraine Territory the Size of Singapore
It is believed that Ukraine will continue to experience some tough months ahead as Russian forces continue to make gains over the winter.
Singapore’s Fintech Firm WadzPay Reports SGD 50M Investment Commitment from GEM
WadzPay Worldwide, an innovator in the blockchain tech and financial services company, announced it secured a capital commitment of SGD $50M.
Singapore deepfake extortion plot could have sought to destabilise society, analysts say
Hostile actors could have assumed that with a general election nearing, Cabinet ministers - who were among those targeted - would be more willing to pay up, according to one observer.
Singapore’s energy sector set to offer unprecedented bonuses in 2025, transport firms drive salary boom
SINGAPORE: Employers in the city-state’s energy and utilities sector are poised to offer the most generous bonuses as the country heads into 2025, with all surveyed companies planning to provide at least one month or more in bonus payouts, according to a recent survey by recruitment agency ManpowerGroup published by the Business Times.
Singapore College Students’ Toughest Test Is Dodging Chinese Tourists
Universities draw gawking travelers, annoying scholars; ‘like observing zoo exhibits’ ...
Singapore central bank fines JPMorgan $1.8 million over misconduct by relationship managers
Singapore's central bank said on Monday it fined U.S. lender JPMorgan Chase S$2.4 million ($1.79 million) for failing to prevent and detect misconduct committed by its relationship managers.
Top legislator receives United Overseas Bank leader in Singapore
Tran Thanh Man received Wee Ee Cheong, Deputy Chairman and Group Chief Executive Officer of United Overseas Bank (UOB) – one of the world’s top banks, within the framework of his ongoing official ...
Man in Singapore fined RM6.7mil for evading duty, GST on 427 motor vehicles imported into Singapore
A 44-year-old man involved in various vehicle businesses has been fined S$1.5 million (RM6.7 million) for fraudulent evasion of duty and goods and services tax (GST) on 427 motor vehicles imported ...
Singapore PMI up 0.2 point in November, echoes improved regional factory activity
SINGAPORE’S overall factory activity rose in November, mirroring a region-wide improvement in manufacturing sentiment. Read more at The Business Times.
Chess: Ding and Gukesh level at 3-3 as world title match in Singapore stays deadlocked
The $2.5mn world championship match in Singapore has turned into a tight contest as China’s Ding Liren, 32, and India’s Gukesh Dommaraju, at 18 the youngest ever challenger, remained level at 3-3 in their 14-game series before Monday’s rest day.
HSBC begins search for successor to chair Tucker; ECB’s chief economist urges focus shift to upcoming risks
Under Tucker’s tenure, HSBC achieved record profits, navigated the Covid-19 pandemic, and resisted a shareholder push for a breakup. He oversaw key changes in leadership, including the controversial ...
Despite divestment news, OCBC keeps SingPost at ‘hold’ pending further clarity on strategic review
"We await further clarity on SingPost's next engine of growth, backed by a stronger balance sheet and greater financial flexibility. Pending this as well as the necessary approvals for the divestment ...
Man fined $1.5m for evading duty, GST on 427 motor vehicles imported into Singapore
Tan was on Jan 2 fined $3.6 million for fraudulent evasion of duty and GST on 983 motor vehicles imported into Singapore between November 2018 and October 2020. The Singapore Customs and LTA said he ...
Car dealership owner fined S$1.5 million for evading duty and tax on 427 imported vehicles
Jason Liang Huan Shuo, the owner of JDM Automobile, was also jailed for underpaying the Additional Registration Fee (ARF) during the registration of the vehicles.