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Posted on 27/03/2024

HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia

HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia. The London ...

Posted on 27/03/2024

Singapore’s money laundering accused slapped with 6 new fraud, forgery charges

The other five charges ranged from allegedly possessing S$2.4 million in criminal benefits generated from unlicensed moneylending operations in China, to submitting a forged bank statement to Citibank ...

Posted on 27/03/2024

S$3bil money laundering accused gets 6 new charges for submitting forged statements to Swiss bank

SINGAPORE: Vang Shuiming, one of the 10 accused in Singapore’s largest money laundering case, was handed six more charges on Wednesday (March 27).

Posted on 27/03/2024

Singapore Prime Office Rents Jump to Highest Since 2008

Office rents in Singapore reached a 15-year high in the first quarter, defying the commercial property slump plaguing other major financial hubs.

Posted on 27/03/2024

Singapore’s anti-scam efforts are a model for tackling ‘epidemic’ of transnational organised crime: Interpol chief

IN THE current “epidemic” of transnational organised crime, Singapore’s anti-scam efforts can serve as a model for other countries to emulate, ...

Posted on 27/03/2024

Singapore shares climb at Wednesday’s open amid factory output growth; STI up 0.5%

SINGAPORE stocks advanced at the opening bell on Wednesday (Mar 27) morning, following higher-than-expected growth in the city-state’s February factory output.

Posted on 27/03/2024

Singapore shares kicked off on Wednesday—STI gained 0.5%

SINGAPORE: Singapore shares kicked off on Wednesday morning, riding on the wave of unexpectedly robust... The post Singapore shares kicked off on Wednesday—STI gained 0.5% appeared first on The Indepe ...

Posted on 27/03/2024

Singapore warehouses filling up with surplus lead and zinc

The warehouses were virtually empty a year ago, but now hold more than US$900 million (S$1.2 billion) worth of lead and zinc. Read more at straitstimes.com.

Posted on 27/03/2024

Lum Kok Seng: Who is the Singapore businessman mentioned in ex-minister S Iswaran’s case?

S Iswaran, Singapore's former transport minister, was handed eight new charges on Monday (25 March) that he obtained valuable items while he was a public servant from Lum Kok Seng, a director of Lum ...

Posted on 27/03/2024

$3b money laundering accused gets 6 new charges for submitting forged statements to Swiss bank

Vang now has 22 charges in total, the most number of charges faced among the 10 accused. Read more at straitstimes.com.

Posted on 27/03/2024

UOB names new global markets head and Hong Kong chief

Adaline Zheng, who was head of wholesale banking and alternate chief executive officer (CEO) at UOB China, took over as CEO of UOB’s Hong Kong branch on March 25.

Posted on 27/03/2024

3 Singapore Stocks with Share Prices at 52-Week Highs: Can Their Run Continue?

We feature three stocks hitting new 52-week highs to see if they can sustain their momentum. The post 3 Singapore Stocks with Share Prices at 52-Week Highs: Can Their Run Continue? appeared first on ...

Posted on 27/03/2024

Baltimore bridge collapses after Singapore-flagged ship collision, 6 missing

Ship tracking data from LSEG shows a Singapore-flagged container ship, the Dali, at the location along the Key Bridge where the accident occurred.

Posted on 27/03/2024

This Singapore female tech expert is developing a device to help people with dementia in case they get lost

From assembling her own CPU in the 90s to developing police cameras for HDB blocks, Khoo Ri Na of Evvo Labs tells CNA Women how her love for gadgets and her knack for problem-solving led her to ...

Posted on 27/03/2024

Fewer good class bungalows, luxury apartments in Singapore sold but prices stayed stable: CBRE

SINGAPORE - Although sales of luxury apartments and good class bungalows (GCBs) in Singapore dropped in the second half of 2023, their prices remained stable, said CBRE on March 26. There were nine ...

Posted on 27/03/2024

Ant Group Announces Additional Investment in Singapore based ANEXT Bank

Alibaba’s Ant Group has committed another SGD 200 million investment into ANEXT Bank, its wholly-owned subsidiary and SME digital bank.

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