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Month: August 2025

Posted on 04/08/2025

Who is Ong Beng Seng, the tycoon involved in the Iswaran graft scandal?

SINGAPORE] Ong Beng Seng, the billionaire property tycoon embroiled in the corruption case involving former transport minister S Iswaran and the Formula 1 night race, has pleaded guilty to abetting ... ( read original story ...)

Posted on 04/08/2025

Property Mogul’s Guilty Plea in Landmark Singapore Corruption Case

Ong Beng Seng, a prominent property tycoon, pleaded guilty to obstructing justice in a significant corruption case in Singapore. He received judicial mercy due to a chronic illness. His case is linked ... ( read original story ...)

Posted on 04/08/2025

Singapore’s billionaire Kwek Leng Beng to expand CDL’s hotel count to 500 globally

Singaporean billionaire Kwek Leng Beng plans to expand his company City Developments Ltd’s hotel portfolio to 500 globally in the coming years as the recent boardroom feud cools. ( read original story ...)

Posted on 04/08/2025

Billionaire Ong pleads guilty in Singapore political gift scandal

A billionaire best known for bringing Formula One night racing to Singapore has pleaded guilty in relation to a scandal to supply one of the city-state’s most senior politicians with luxury gifts.

Posted on 04/08/2025

F1 tycoon pleads guilty in rare Singapore corruption case

A billionaire hotelier is set to plead guilty to abetting offences in a rare corruption case that gripped Singapore and landed a former minister in jail.

Posted on 04/08/2025

Billionaire Ong Pleads Guilty in Singapore Gifting Scandal

A billionaire best known for bringing Formula One night racing to Singapore has pleaded guilty in relation to a scandal to supply one of the city-state’s most senior politicians with luxury gifts.

Posted on 04/08/2025

F1 tycoon set to plead guilty in rare Singapore corruption case

A billionaire hotelier is set to plead guilty to abetting offences in a rare corruption case that gripped Singapore and landed a former minister in jail.

Posted on 04/08/2025

Nearly 1,500 Singapore drivers fined under Malaysia’s VEP scheme since Jul 1; penalties top US$100,000

The errant drivers make up around 10 per cent of the total number of Singapore cars checked by Malaysian authorities.

Posted on 04/08/2025

LTA rules out cross-border ride-hailing to Johor; Job market rebounds after 5-month slump: Singapore live news

LTA rules out full cross-border ride-hailing, but may expand taxi pickup points and allow app bookings. Singapore’s job market climbs out of a slump, led by AI and infrastructure hiring.

Posted on 04/08/2025

Fresh grads still in demand at Singapore’s professional services firms, despite gloomy job market

SINGAPORE] Professional services firms in Singapore are keeping graduate hiring steady – or even raising it – in 2025, defying broader concerns about a softening job market for fresh university ...

Posted on 04/08/2025

Singapore’s GIC to take 25% stake in Spanish broadband venture

Telecoms operators MasOrange and Vodafone Spain had anticipated selling a larger stake to an external investor ...

Posted on 04/08/2025

Billionaire Ong to Plead Guilty in Singapore Political Gift Scandal

A billionaire best known for bringing Formula One night racing to Singapore is set to plead guilty in relation to a scandal to supply one of the city-state’s most senior politicians with luxury gifts.

Posted on 04/08/2025

Singapore factory activity enters contractionary phase

SINGAPORE: Manufacturing output here slipped in July after a slight increase in June amid uncertainty over US tariffs.

Posted on 04/08/2025

4 Stocks in which Govt. of Singapore made fresh investments in Q1 to keep an eye on

Foreign institutional interest in Indian equities remained strong in the June 2025 quarter, with the Government of Singapore making fresh investments across multiple sectors. The sovereign wealth ...

Posted on 04/08/2025

Singapore leads world in ransomware-linked regulatory threats

Singapore organizations are the most frequent targets of regulatory extortion tactics by cybercriminals, according to new findings from cybersecurity firm Sempe ...

Posted on 04/08/2025

‘I felt something was wrong’: How a DBS bank teller’s instinct saved customer from $70K scam

When the wife insisted that she did not have a policy with that insurance company, the caller claimed her bank account was linked to criminal activity. Soon, accomplices posing as police and other ...

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