SINGAPORE] As at Friday (Mar 21), all redemption requests that Chocolate Finance received between Mar 10 and the 1 pm cut-off on Mar 18 have been successfully paid out, said the wealth investment firm ...
UOB, one of eight TNFD adopters in S’pore, identities nature-related risks in 2024 sustainability report
UOB estimates that 60% of its $58.0 billion sustainable financing portfolio falls within the “climate-nature nexus”, an overlap between climate and nature.
UOB CEO Wee Ee Cheong’s FY2024 pay trimmed by 6% y-o-y to $15 mil despite record earnings
Wee’s basic salary rose from $1.2 million in FY2023 to $1.44 million in FY2024, although his bonus fell to $13.56 million in FY2024 from $14.69 million the year before.
Man admits to roping in others to open bank accounts that received over $1.3m in scam proceeds
Three of the four men have pleaded guilty and they will be sentenced on March 26. Read more at straitstimes.com.
Chocolate Finance says all withdrawals paid out; future requests to take three to six business days
The firm said that it is unable to commit to a timeline for the resumption of instant withdrawals. Read more at straitstimes.com.
Citi Private Bank Launches Philanthropy Advisory Solutions in Asia
Citi Private Bank announces the launch of new philanthropy advisory solutions in Asia, beginning with Singapore. These solutions, led by the bank's Global Family Office Group, complement existing ...
Two men fined more than S$1mil each for skirting duties on 15,820 bottles of alcohol
SINGAPORE: Two men schemed to avoid the payment of duties on alcohol meant for export by removing some bottles from shipping containers and replacing them with cheaper beer.
Singapore oil trader jailed for facilitating commercial fuel export to North Korea
The oil broker, Justin Low Eng Yeow, later agreed to help procure gasoil, a type of commercial fuel, for another client in a deal that Kwek Kee Seng, the ship agent, had brokered. Both Low, 56, and ...
RRP Electronics to buy silicon wafer line from Singapore’s PTW
RRP Electronics to acquire silicon wafer line from PTW, aiming to establish India's first major wafer producing plant.
Three-quarters of senior execs in Singapore flag worries about financial crime risks in 2025: Report
Cyber-security threats and the use of AI will fuel the next wave of financial crime, said survey. Read more at straitstimes.com.
Singapore demands urgent action from businesses on climate transition, driven by politics, economics, and nature
SINGAPORE: As the world faces increasingly severe climate disruptions and the inevitability of stringent carbon regulations, businesses are being urged to proac ...
S’pore’s Creative Technology retrenches an estimated 14% of its staff
Singapore multinational electronics company Creative Technology retrenched about 40 staff, or 14 per cent of its workforce, according to The Straits Times . Also known as Creative Labs, the local firm ...
Singapore retains 4th place in global financial centres Index
Singapore has once again secured its position as the world’s fourth most competitive financial centre, according to the latest Global Financial Centres Index.
Three quarters of senior executives in Singapore flag worries about financial crime risks in 2025: Report
Cybersecurity threats and the use of AI will fuel the next wave of financial crime. Read more at straitstimes.com.
She bought the first apartment she viewed. It’s in one of Singapore’s most iconic public housing complexes.
In recent years, some of Singapore's public-housing apartments have prices soaring above 1 million Singapore dollars, or about $751,000.
Hong Kong widens lead over Singapore as Asia’s top financial centre, report shows
Nine of the top 20 global centres maintained their ranking, suggesting confidence in the financial sector amid slow economic growth.