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Month: May 2025

Posted on 06/05/2025

Singapore Ministers Defend Meals Taken With Money Launderer

Three Singapore ministers dined with a China-born resident years before he was convicted in a record money laundering case in the city-state, according to photos of the gatherings and a local ...

Posted on 06/05/2025

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

Lu Huangbin was the chief executive of a firm that operated a Ponzi scheme. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Singapore Gulf Bank names ex-Fed Reserve vice chair to newly formed global advisory board

Singapore Gulf Bank said on Tuesday that it has appointed former U.S. Federal Reserve vice chair Randal Quarles as vice chairman of its newly formed global advisory board to support the digital lender ...

Posted on 06/05/2025

Credit Suisse to pay $658 million in US tax evasion case involving Singapore accounts

Swiss bank maintained accounts in Singapore on behalf of US taxpayers using offshore accounts to evade taxes. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Why a US-listed video game firm is paying a premium for a Singapore-based tech products distributor

SINGAPORE] For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and smart technology – steadily built up its distribution ...

Posted on 06/05/2025

Singapore entities will be able to list product carbon data aligned with global methodology

SINGAPORE] Businesses and organisations in Singapore can now list product carbon footprints based on global standards with the Singapore Emission Factors Registry. Read more at The Business Times.

Posted on 06/05/2025

Singapore dollar closes in on 10-year high as Trump tariff turmoil saps US dollar dominance

Singdollar was trading at 1.2964 per US dollar at 9.30 am local time on May 6, up 4.6 per cent to date in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Singapore’s Mega Airport Project Pushes Forward With $3.7 Billion Contracts Awarded

Dubbed Terminal 5, it will have an annual passenger capacity of 50 million when completed, according to a company statement.

Posted on 06/05/2025

Chinese, Singaporean firms partner to boost smart future for Singapore

China-based Inspur Intelligent Terminal Co Ltd, a global provider of industry-specific intelligent terminal services with market presence covering over 30 countries and regions, has partnered with two ...

Posted on 06/05/2025

Solar energy the main draw for green investments in South-east Asia in 2024: Report

Total investment in solar energy in Singapore hit US$384 million in 2024. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

Carro aims to treble earnings ahead of potential IPO

Automotive unicorn aims for a final round of funding this year with revenue up 15 per cent, while gross profit grew more than 20 per cent in FY25. Read more at The Business Times.

Posted on 06/05/2025

Smart Digital Group Completes IPO Marks New Milestone in Tech Journey

Smart Digital Group Limited (the "Company") (Nasdaq: SDM), a digital marketing service provider in Singapore, today announced the closing of its initial public offering (the "Offering") of 1,500,000 ...

Posted on 06/05/2025

GE2025: Low-res but real – looking back at the Singapore election through a digicam

There’s a kind of beauty in the slowness of a point-and-shoot digital camera. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/05/2025

UOB Kay Hian and FNZ launch next-generation platform for unit trust investing

UOB Kay Hian (UOBKH) has partnered with wealth management technology company FNZ to launch a new digital platform that is set to transform unit trust investing in Singapore.

Posted on 06/05/2025

UOB Kay Hian and FNZ Launch Smart Platform to Revolutionise Unit Trust Investment

UOB Kay Hian, one of Asia's largest securities brokerage firms, has partnered with FNZ, a global leader in wealth management technology, to launch a new digital platform that is set to transform Unit ...

Posted on 06/05/2025

Singaporeans earning above $10k most likely to be concerned about impact of US tariffs in Singapore: AsiaOne survey

With more than two-thirds (68 per cent) of Singaporeans expressing concern towards the recent US tariffs, these unexpected developments would undoubtedly weigh on their minds after the May 3 general ...

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