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Month: May 2025

Posted on 07/05/2025

Singapore’s sovereign wealth fund hunts for tech startups ‘becoming verbs’ at S.F. conference

Singapore's sovereign wealth fund, GIC, is hosting a two-day event in San Francisco with plenty of famous guests.

Posted on 07/05/2025

DigiPlus incorporates Singapore unit to accelerate global growth

Digital entertainment company DigiPlus Interactive Corp. is poised to advance its global growth with the official incorporation of DigiPlus Global Pte. Ltd. in Singapore.

Posted on 06/05/2025

UBS to Pay $511 Million to Settle Credit Suisse U.S. Tax Case

The Swiss bank, which acquired Credit Suisse in 2023, settled the probe into violations of an agreement with the DOJ over American clients who evaded taxes.

Posted on 06/05/2025

Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax evasion case involving Singapore accounts

A CREDIT Suisse unit on Monday pleaded guilty to US charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than US$510 million, the US Department of Justice said on Monday.

Posted on 06/05/2025

Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’

Southeast Asia’s superapp Grab has partnered with Natix, a project within Solana’s DePIN, to cooperate on mapping and autonomous driving technologies.

Posted on 06/05/2025

Singapore ministers, lawmaker under scrutiny over dinners attended by convicted money launderer

Pictures of Singaporean ministers and a ruling party lawmaker together at dinners that included a man convicted in a high-profile $2.2 billion money laundering case have caused a stir in the ...

Posted on 06/05/2025

Reformative training for NSF man who owned and traded sexually explicit videos of children

The prosecutor said the man lacked remorse and acceptance of responsibility for the offence. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Jail for ‘key cog’ in cryptocurrency scam in which investors in Singapore lost S$1.1mil

SINGAPORE: He was the chief executive of a firm that offered investment schemes, claiming to have 300,000 physical mining machines capable of generating revenue by mining cryptocurrencies.

Posted on 06/05/2025

Best Fixed Deposit Rates in Singapore (May 2025)—Minimum Deposits From $500, Rates Up To 2.50%

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 06/05/2025

HSBC group chairman Mark Tucker to retire

Tucker will continue to serve as a strategic adviser to the group CEO and the board during the ongoing search for a permanent chair.

Posted on 06/05/2025

At least $172,000 lost in phishing scams targeting POSB customers since April

Thirteen reports of such cases have been made so far. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Singapore stocks end higher on Tuesday ahead of FOMC meeting; STI up 0.2%

SINGAPORE] Stocks on the local bourse ended higher on Tuesday (May 6), ahead of the next US central bank meeting where policymakers are expected to keep interest rates on hold. Read more at The ...

Posted on 06/05/2025

Singapore stocks end higher ahead of US Fed meeting

Singtel is the top gainer on the Straits Times Index while Yangzijiang Shipbuilding falls the most. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

BTSE Cares Foundation & Singapore Football Club Renew Winning Partnership

BTSE Cares Foundation, a charitable foundation backed by BTSE, a world-leading cryptocurrency exchange, is proud to announce the extension of its partnership with Singapore Football Club (SFC), ...

Posted on 06/05/2025

Singapore stocks end higher on Monday; STI up 0.2%

SINGAPORE] Stocks in Singapore ended higher on Monday (May 5), tracking Friday’s gains on Wall Street. Read more at The Business Times.

Posted on 06/05/2025

Enterprise Singapore launches new one-stop Sustainability Hub website for SMEs

SINGAPORE] Enterprise Singapore (EnterpriseSG) launched the new SME Sustainability Hub on Tuesday (May 6), a website that aims to help small and medium-sized enterprises (SMEs) access information on ...

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