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Month: May 2026

Posted on 26/05/2026

Singapore eases private banking process for the rich, but keeps strict anti-money laundering checks

Singapore is moving to speed up how quickly wealthy clients can open private banking accounts as it seeks to strengthen its position as a global ...

Posted on 26/05/2026

Singapore keeps 2026 growth forecast at 2% to 4% as economy beats expectations in Q1

Singapore has kept its 2026 growth forecast at 2% to 4%, after a stronger-than-expected first quarter. Strong AI-related demand powered a surge in wholesale trade and manufacturing. However, risks ...

Posted on 26/05/2026

Singapore core inflation sees surprise drop in April but higher costs loom

Higher global energy prices will likely raise electricity, transport and production costs in the coming months. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 26/05/2026

Where the World’s Wealth Moves Now: UAE, Singapore, Switzerland or Panama for Taxes?

The world’s wealth is not just moving; it is being re‑engineered around four distinct tax models that now anchor most serious relocation conversations among HNWIs and their advisors. In 2026, the ...

Posted on 26/05/2026

50K investors fight Korean crypto tax, Singapore cancels Bsquared: Asia Express

Ether-linked ETF losses rattle South Koreas funeral industry South Korean funeral service company Bumo Sarang is sitting on roughly 49.3 billion won ($32.7 million) in unrealized losses after ...

Posted on 26/05/2026

Why can’t Singapore nurture its own Samsung?

Singapore mastered the art of attracting multinational corporations. Can it turn research, capital and talent into its own Samsungs and Foxconns? Read more at straitstimes.com. Read more at ...

Posted on 26/05/2026

Singapore Badminton Open 2026: Prize money, Indian players, schedule, draw, ticket, venue, live streaming details and all you need to know

India, May 25 -- The Singapore Badminton Open 2026 is set to kick off from May 26, and conclude on May 31, 2026. This a BWF Super 750 event and a huge opportunity for the Indian senior heavyweights ...

Posted on 26/05/2026

Singapore, China call for Middle East ceasefire, stress need to safeguard maritime flows

SINGAPORE: Singapore and China urged an immediate ceasefire in the Middle East and an end to the blockade of the Strait of Hormuz as their top diplomats met in Beijing on Monday (May 25).

Posted on 25/05/2026

Singapore seeks to cut account opening time for rich to a month

Singapore’s financial regulator is working with private banks to shorten account opening time using a “risk-appropriate” approach, as the city-state rises in importance as a wealth management hub.

Posted on 25/05/2026

As The World’s Best Private Bank, DBS Is Charting Bold New Paths For Global Wealth

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Amid an increasingly fragmented and complex global landscape, ultra-high-net-worth clients ...

Posted on 25/05/2026

After Terra, Luna crashes, regulators count cost of crypto

Taipei, Taiwan – As the crypto winter deepened this month, one wealth-destroying event – the collapse of the TerraUSD (UST) and Luna coins – has brought the human cost of unstable cryptocurrency ...

Posted on 25/05/2026

Singapore is riding the global AI investment boom but there are risks, says MTI

Risk of slowdown in chip production if Iran war is protracted and manufacturers start to face supply constraints. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 25/05/2026

Singapore upgrades 2026 key exports growth forecast to 3-5% as electronics shipments power Q1 expansion

First quarter sees gains of 9.6%, following a 12.7% increase the previous quarter Read more at The Business Times.

Posted on 25/05/2026

MAS tell private banks in Singapore to shorten account opening time for the rich

Singapore’s financial regulator is working with private banks to shorten account opening time using a “risk-appropriate” approach, as the city-state rises in importance as a wealth management hub.

Posted on 25/05/2026

High Court raps UOB over inconsistent legal positions on late mortgage payment charges

The High Court has criticised UOB for inconsistent legal stances on late mortgage payment charges, prompting a review of banking practices. Read more at straitstimes.com. Read more at straitstimes.com ...

Posted on 25/05/2026

Singapore’s economy beats expectations as gov’t warns of Iran war fallout

GDP grows 6 percent year-on-year in first quarter as AI boom outweighs rising energy costs.

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