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Month: July 2025

Posted on 01/07/2025

Hong Kong still world’s most expensive city to buy a home, beating Zurich and Singapore

Hong Kong continues to boast the world's costliest homes, edging out Zurich and Singapore despite a 20% decline in prices since 2020, a new report shows. ( read original story ...)

Posted on 01/07/2025

Three senior Mizuho FX/rates traders exit in Singapore, London

SINGAPORE] Three senior executives have left Mizuho Financial Group’s foreign-exchange and rates trading teams in Singapore and London, according to sources familiar with the matter. Read more at The ...

Posted on 01/07/2025

Liquidators seeking US$2.7 bil from Standard Chartered in lawsuit over 1MDB, FT reports

Liquidators seeking to recover funds from Malaysia’s investment fund, 1Malaysia Development Berhad (1MDB), has filed a claim for US$2.7 billion ($3.43 billion) against Standard Chartered, reported the ...

Posted on 01/07/2025

Standard Chartered hit with $2.7bn lawsuit over 1MDB scandal

Liquidators still trying to recoup billions of dollars siphoned from Malaysia’s sovereign wealth fund and then laundered ...

Posted on 01/07/2025

DBS’ PayLah! Brings Back Cashback, Meal Deals and Community Events for SG60

DBS/POSB is bringing back its weekly SGD 3 cashback offer for PayLah! users at hawker stalls, wet markets and heartland shops ...

Posted on 01/07/2025

VEP full enforcement begins: Over 42,000 Singapore vehicles yet to activate tags

VEP enforcement will currently be carried out periodically at strategic locations where foreign vehicles are concentrated in Johor, before being expanded to other states.

Posted on 01/07/2025

PwC Singapore appoints 11 new partners across different practices

Singapore] PwC Singapore has named 11 new partners across its assurance, tax, deals and consulting practices, as the accounting firm responds to increasing demand for industry-focused advice and cross ...

Posted on 01/07/2025

Wealthtech Disrupts Singapore’s Investment Landscape as Digital Adoption Accelerates

Wealthtech is reshaping Singapore’s wealth management sector as both startups and incumbent financial institutions ramp up digital transformation to meet ...

Posted on 01/07/2025

Singapore police can now freeze bank accounts to protect scam victims

Singapore police now have the power to block scam-related financial transactions, as the Protection from Scams Act 2025 comes into force today, 1 July 2025.

Posted on 01/07/2025

Dollar Feeble as Trump’s Tax Bill and Tariffs Weigh

SINGAPORE (Reuters) -The U.S. dollar languished at its weakest against the euro since September 2021 on Tuesday, as President Donald Trump's spending bill stoked fiscal worries and uncertainty around ...

Posted on 01/07/2025

CapitaLand to launch LyndenWoods in Singapore Science Park

CapitaLand Development (CLD) has announced the upcoming launch of LyndenWoods, the first-ever residential development in Singapore Science Park (SSP). ( read original story ...)

Posted on 01/07/2025

From greater liquidity to flexibility: How insurance can be a good entry point to legacy planning

With long-term goals coming into sharper focus, HSBC Life Singapore CEO Harpreet Bindra shares how evolving needs are shaping the way people prepare for the future Read more at The Business Times.

Posted on 01/07/2025

Experts warn of possible deterioration in Singapore’s labour market

UOB cites falling recruitment and resignation rates as early warning signs. The labour market remains broadly stable, but experts warned of potential deterioration as vulnerabilities emerge. “The ...

Posted on 01/07/2025

Police can control bank accounts of scam victims in S’pore from July 1

SINGAPORE - The police will now have powers to control the bank accounts of stubborn scam victims in Singapore who insist they are not being scammed despite evidence showing otherwise.

Posted on 01/07/2025

You Think You Know Singapore? 10 Hidden Gems That Even Locals Are Just Discovering

Think you’ve seen it all in Singapore? Think again. From artsy enclaves like Kapo Building to hidden beach vibes on St. John’s Island and underrated cultural spots, this list of 10 hidden places in ...

Posted on 01/07/2025

Singapore to ‘Thread the Needle’ as Crypto Licensing Rules Take Effect

The deadline has forced firms to flee to Dubai and Hong Kong as Singapore closes a key loophole and prioritizes regulatory integrity.

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