The glitzy metropolis of Singapore has one more attraction: tourists can now sleep in decommissioned buses in the tranquil Changi Village district. The Bus Collective is a resort hotel comprised of 20 ...
Top Stock Market Highlights of the Week: ComfortDelGro, Sumitomo Life Purchasing Singlife and Singapore’s Core Inflation
One of the largest insurance deals in Asia has just been announced. Sumitomo Life Insurance Company has offered to buy a 35% stake in Singapore Life Holdings (“Singlife”) from TPG and make an offer to ...
Singapore jails man for 20 weeks over use of fake Malaysian passport
Andrew Lu, 58, had assumed he was wanted by Singapore police for his involvement in a gang fight so he obtained a fake Malaysian passport to enter Singapore.
Singapore stock market is severely undervalued, say analysts
SINGAPORE – Compared with other markets, the Singapore market has been more subdued, with the Straits Times Index spending the last three months of 2023 range-bound between 3,050 and 3,150 points. The ...
Singapore PM warns residents about deepfakes using likeness for crypto scams
Lee Hsien Loong urged his followers in Singapore not to respond to fake videos using his voice and image to promote cryptocurrency-based scams.
MAS fines Credit Suisse $3M for failing to monitor Singapore managers
The Monetary Authority of Singapore imposed a 3.9 million Singapore dollars (U.S. $3 million) penalty on Credit Suisse for failing to detect misconduct by relationship managers at its Singapore branch ...
35-year-old man asks, “Is it too late to start investing?” after inflation freaks him out
SINGAPORE: A 35-year-old man took to social media to ask whether it was too late... The post 35-year-old man asks, “Is it too late to start investing?” after inflation freaks him out appeared first on ...
DBS to raise stake in China’s Shenzhen Bank
DBS Group Holdings said on Friday it was raising its stake in China's Shenzhen Rural Commercial Bank in a S$376 million ($284.72 million) deal, as it looks to tap into growing opportunities in the ...
Don’t click: Police urge caution after bank impersonators scam 103 people of S$161,000
SINGAPORE: The Singapore Police Force (SPF) once again warned members of the public on Friday (Dec 29) about the resurgence of phishing scams involving the impersonation of banks through spoofed SMSes ...
Singapore Branch of Andrey Elinson’s Firm Inweasta Reports 43% Increase in Total Assets Under Management for 2023
Andrey Elinson said 2023 presented both challenges and opportunities. Despite fluctuating markets and geopolitical tensions, we've capitalized on key growth areas, particularly in distressed asset man ...
Singapore PM Lee warns of ‘very convincing’ deepfakes in ‘spreading disinformation’ after fake video of him emerges
Referring to a fake video of him endorsing cryptocurrency, Lee warns the 'use of deepfake technology to spread disinformation will continue to grow'. As deepfakes would become more realistic with time ...
Procurri Singapore enters 30-month tenancy agreement for $1.4 mil
Under the agreement, Procurri Singapore will pay Exeo Global a total rent of not more than $1.4 million for the term that expires on June 30, 2026. The premises at 8 Aljunied Avenue 3, The Pulse ...
20 weeks’ jail for man who used fake Malaysian passport after thinking he was wanted by Singapore police
SINGAPORE: Assuming that he was wanted by the police for his involvement in a gang fight, a Singaporean man left for Malaysia. He later got a fake Malaysian passport which he used to visit family in ...
103 victims affected by bank impersonation scams in December
SINGAPORE - More than 100 people have fallen prey to a bank impersonation scam in December. The 103 victims, who lost a total of at least $161,000, were duped by scammers who spoofed bank SMSes in ...
UOB cardholders spent money on retail purchases in 2023 like pre-pandemic times
UOB cardholders have been spending money on retail purchases in 2023 like it was pre-pandemic times. This was the latest finding by the bank in its year-end wrap-up analysing consumer spending trends.
Seatrium subsidiary secures $500 mil revolving credit facility from DBS, HSBC and Standard Charted
The loan facility will provide additional funding and liquidity to Seatrium, increasing its financial flexibility.