Singapore has strengthened its position as the third-largest global foreign-exchange center behind the U.K. and the U.S., the Monetary Authority of Singapore said Wednesday.
Singapore Stops 1MDB Liquidators from Suing StanChart, BSI Bank
Singapore’s High Court has stopped foreign liquidators from suing Standard Chartered Plc and BSI Bank Ltd. over transactions allegedly linked to the Malaysian sovereign wealth fund 1Malaysia ...
Wealthy clients increasingly seek private market funds to diversify from traditional assets: OCBC
The bank is exploring offering other types of alternative investments such as tokenised assets. Read more at straitstimes.com. Read more at straitstimes.com.
Business leaders have responsibility to shape outcomes in fragmented world: Chan Chun Sing
Describing the two extremes of global fragmentation and integration, the defence minister said corporate leaders need to raise their voices for the type of world they want to see.
Singapore overtakes London in list of top 20 IPO markets
The pool of UK-listed firms continues to decline as private equity funds snap up undervalued companies Read more at The Business Times.
Nintendo establishes Singapore unit to accelerate South-east Asia business
The maker of video games series Pokemon and the Switch gaming console is also considering setting up a local unit in Thailand Read more at The Business Times.
From one-man show to S$5 million revenue: Declarators makes a business of customs declarations
The Covid-era e-commerce boom fuelled growth, helping the company more than double its top line Read more at The Business Times.
1MDB liquidators lose Singapore court bid to sue StanChart, BSI
High Court ruled cross-border insolvency law cannot be applied to deals made before it took effect in 2018. Read more at straitstimes.com. Read more at straitstimes.com.
IN FOCUS: No new petrol cars in Singapore from 2030 – what infrastructure needs to change?
As Singapore pushes towards an entirely cleaner-energy vehicle population by 2040, what will happen to petrol stations and will there be enough EV chargers?
Micron sees demand rising for its Made-in-Singapore flash memory chips amid AI boom
The US memory chip giant manufactures about 98 per cent of its top-end flash memory chips here. Read more at straitstimes.com. Read more at straitstimes.com.