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Month: January 2025

Posted on 07/01/2025

Singapore Passes Bill Empowering Police to Protect Scam Victims

Singapore’s parliament has passed a law allowing the police to control the bank accounts of individuals who are suspected to be the targets of scams.

Posted on 07/01/2025

Singapore, Malaysia Ink Deal Creating New Vast Economic Zone

The leaders of Malaysia and Singapore formalized an agreement establishing a special economic zone linking their two nations’ border region, with the aim of attracting 50 projects in the first five ...

Posted on 07/01/2025

HSBC appoints former Citibank wealth management director as new head of international wealth hub for Singapore

In her new role, Chin will oversee the scaling of HSBC’s offshore business through new client growth, deepening client relationships and fostering stronger cross-border collaboration.

Posted on 07/01/2025

HSBC appoints Citi veteran as its new head of international wealth hub for Singapore

HSBC has appointed 22-year veteran Jil Chin as its new head of international wealth hub for Singapore, as the company leads efforts to grow its international wealth business, the bank announced in a ...

Posted on 07/01/2025

DBS bought and sold shares in SingPost nearly a week after termination announcement

DBS Bank made two transactions in the shares of Singapore Post (SingPost) nearly a week after the company terminated three of its top executives over the handling of whistle-blowing reports on Dec 22, ...

Posted on 07/01/2025

GSR Now Licensed for Crypto Trading in the UK and Singapore

GSR secures regulatory approvals to provide trading services in the UK and Singapore, enhancing its global credibility. These licenses position GSR as a bridge between institutional finance and the ...

Posted on 07/01/2025

Johor-Singapore SEZ a ‘big plus’ for firms to tap both sides’ different strengths: PM Wong

Singapore-based businesses have shown “a lot of interest” in expanding to the upcoming special economic zone in Johor, says Singapore Prime Minister Lawrence Wong, as he wraps up a two-day visit to ...

Posted on 07/01/2025

Singapore Floats More Controls on Race-Based Business Groups

Singapore has proposed a new law that includes establishing controls on “race-based” business groups and clan associations in a bid to safeguard racial harmony and curb foreign influence.

Posted on 07/01/2025

Singapore considers law to guard clans, business associations against foreign interference

Singapore introduced legislation on Tuesday to safeguard clans and business associations linked to racial groups against foreign interference.

Posted on 07/01/2025

Singapore passes law that gives police powers to freeze bank accounts of scam victims

In coming up with the new law, the authorities are “mindful of the need to strike a balance between protecting an individual from further harm and not unduly inconveniencing him”, says Minister of ...

Posted on 07/01/2025

Singapore fund Paragon opens Hong Kong office to reach more wealthy clients

Fund manager sees Hong Kong as an ideal wealth management hub to reach more wealthy clients in the Greater China region.

Posted on 07/01/2025

Singapore Dollar Likely to Weaken on Potentially Higher U.S. Tariffs

The Singapore dollar could weaken to 1.3800 per U.S. dollar in 1Q on potentially higher U.S. tariffs, MUFG Bank said.

Posted on 07/01/2025

Global firms set to leverage dual-region power play in Johor-Singapore Special Economic Zone

MULTINATIONAL corporations (MNCs) already thriving in both Singapore and Johor are reaping the rewards of Malaysia’s plentiful land, lower costs, and prime location for manufacturing, warehousing and ...

Posted on 07/01/2025

Malaysia and Singapore agree to launch a special economic zone in a rare move to attract investors

Malaysia and Singapore leaders have signed an agreement to create a special economic zone to attract global investment and ease the cross-border flow of goods and people.

Posted on 07/01/2025

Power firm backed by Indonesian billionaire Anthoni Salim to build $700M hydropower plant in Singapore

PacificLight Power, backed by Indonesian billionaire Anthoni Salim, has won a contract to build a SGD1 billion (US$733 million) hydropower plant in Singapore.

Posted on 07/01/2025

CytoMed, a Singapore Biotech, Revolutionizes Cancer Treatment Using Donor Immune Cells

Instead, we're recruiting healthy soldiers from disease-free, well donors and equipping them with special targeting systems to hunt down cancer cells." This "targeting system" is an artificial protein ...

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