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Month: July 2025

Posted on 04/07/2025

Del Monte Foods’ bankruptcy rebounds on its Singapore-listed parent company

Yet the effect of Del Monte’s bankruptcy extends across the Pacific Ocean to Southeast Asia. Del Monte Foods’ parent company is Del Monte Pacific, based in the Philippines.

Posted on 04/07/2025

Singapore PM urges dialogue in Thai-Cambodian dispute

Singapore's prime minister has called on dialogue to resolve the ongoing border tensions between Thailand and Cambodia. Relations between the two countries have deteriorated after a military clash in ...

Posted on 04/07/2025

Singapore fines 9 firms US$22 million over mega money-laundering case

The firms have committed breaches linked to a US$2.36 billion money-laundering case, which led to the arrests of 10 people of Chinese origin.

Posted on 04/07/2025

Singapore fines nine banks including UBS and Citi in $1.6bn laundering case; HSBC sells UK life insurance business

Singapore has imposed a total of S$27.45mn ($21.5mn) in penalties on nine financial institutions, including UBS, Citi and Julius Baer, for breaches linked to a S$2bn money-laundering case that has ...

Posted on 04/07/2025

Singapore monetary authority penalises 9 banks, institutions for 2023 money laundering case

The Monetary Authority of Singapore penalised six banks and three other financial institutions a total of S$27.45 million ($21.5 million) on Friday in relation to the country's biggest ever money ...

Posted on 04/07/2025

Move Over, Toyota — BYD Is Singapore’s New Car King

Chinese electric vehicle (EV) manufacturer BYD has continued its dominance in Singapore's automotive market, beating out Toyota for the 14th consecutive month. Citing a report from Singapore's Land ...

Posted on 04/07/2025

Hong Kong positioned to absorb crypto liquidity as Singapore tightens rules

Hong Kong stands positioned to get hold of crypto liquidity as Singapore tightens regulations on unlicensed cryptocurrency companies.

Posted on 04/07/2025

Singapore retail sales up by 1.4%, driven by motor vehicle sales

More economic uncertainty could lead to further dampened retail sales in Singapore. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/07/2025

Singapore shares slip as tariff pause will end soon; STI drops 0.2%

SINGAPORE] Singapore equities retreated along with some regional indexes on Friday (Jul 4) as Asia’s export-driven economies brace for the impact of the upcoming lifting of the pause in implementing ...

Posted on 04/07/2025

Singapore fraud losses rise as APP scams take over

The report revealed human-initiated attacks in Singapore surged 30% YoY, even as automated bot attacks declined by 27%. Singapore’s financial services sector bore the brunt of these attacks, with a 13 ...

Posted on 04/07/2025

Singapore Real Estate Stocks Hit by Property Cooling Measures

Shares of developers City Developments and UOL Group were down 3.1% and 2.7%, respectively, at midday, while real-estate investment trusts were also broadly lower. Frasers Centrepoint Trust fell 2.6% ... ( read original story ...)

Posted on 04/07/2025

Singapore is third most preferred market of affluent investors in 2025

The city-state ranked alongside the United States and Hong Kong as a top choice for global high-net-worth individuals. Singapore has been named one of the top three preferred markets for affluent ...

Posted on 04/07/2025

Singapore among top market choices for high-net-worth investors globally

SINGAPORE: Singapore joined the United States and Hong Kong among the most preferred markets for global high-net-worth individuals looking to open overseas investment accounts, according to HSBC’s ...

Posted on 04/07/2025

City Developments, UOL Shares Drop After Singapore Tightens Property Curbs

The government has been trying to rein in home prices in the city-state—one of the world's most expensive property markets.

Posted on 04/07/2025

Two Singapore teens posed as minors on dating sites to lure ‘paedophiles’ and extort money from them

SINGAPORE: Two teenage boys pretended to be minors on dating sites to lure "paedophiles" and extort money from them.

Posted on 04/07/2025

Siemens, A*STAR to help accelerate smart and sustainable manufacturing in Singapore

The two entities will jointly help local manufacturers reduce emissions and boost productivity through industrial automation and digital twin technologies.

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Recent Posts

  • Singapore shipowner ordered to pay Sri Lanka $1B over marine disaster 26/07/2025
  • Woman, 64, prevented from being scammed out of $300k by OCBC and police 26/07/2025
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  • ICA foils attempt to smuggle 500 packets of duty-unpaid cigarettes in motorcycle at Woodlands Checkpoint 26/07/2025
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  • Singapore Property Index Surges, Boosting Market Hopes 26/07/2025
  • Around three tonnes of illegally imported vegetables from Malaysia seized at Woodlands Checkpoint 26/07/2025
  • Singapore’s core inflation rises 0.6% in June, lower than poll forecast 26/07/2025
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