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Posted on 04/07/2022

Singapore-based crypto lender Vauld suspends withdrawals

Singapore-based crypto lending and trading platform Vauld said on Monday it would suspend withdrawals and trading and seek new investors, the latest sign of stress in the embattled crypto industry. ( read original story ...)

Posted on 04/07/2022

Singapore urged to halt hanging of Malaysian drug trafficker

Anti-death penalty activists in Malaysia are urging Singapore’s government to halt the execution of a convicted Malaysian drug trafficker this week, the second in less than three months ... ( read original story ...)

Posted on 04/07/2022

Singapore govt confident there will be no no recession next year as country seeks to beat risks

Singapore’s economy is not at risk of recession or stagflation at this stage, Finance Minister Lawrence Wong said, amid growing concerns about the impact of global monetary policy tightening to ... ( read original story ...)

Posted on 04/07/2022

Singapore urged to halt hanging

Singapore's death penalty for drug trafficking is again sparking protests, as a second Malaysian is scheduled to be hanged. ( read original story ...)

Posted on 04/07/2022

Woman charged after firm’s bank account allegedly received ill-gotten gains of over $370k

She allegedly took instructions from an unidentified person to open two shell companies. Read more at straitstimes.com. ( read original story ...)

Posted on 04/07/2022

Singapore’s prison conditions acceptable; no fans and mattresses for safety reasons: Shanmugam

S'pore's prison regime and prison environment are austere, intentionally so with a lot of emphasis on security and monitoring. Read more at straitstimes.com. ( read original story ...)

Posted on 04/07/2022

Singapore Central Bank Censures Three Arrows Capital for Alleged Misleading and False Disclosures

The crypto hedge fund also exceeded the threshold of assets it could manage in Singapore, according to the central bank. ( read original story ...)

Posted on 04/07/2022

Singapore does not expect recession or stagflation next year but significant risks remain: minister

The global economic environment has become very challenging and the risk of further deterioration is high, but for now Singapore is likely to avoid a major downturn or runaway inflation, said Minister ... ( read original story ...)

Posted on 04/07/2022

Prison conditions in Singapore ‘acceptable’; no fans, mattresses in cells for security: Shanmugam

SINGAPORE: Prison conditions in Singapore are acceptable, Law and Home Affairs Minister K Shanmugam told Parliament on Monday (Jul 4), adding that the prison regime is also made intentionally austere. ( read original story ...)

Posted on 04/07/2022

AEM to create over 300 jobs in Singapore, Malaysia, US expansion

AEM, a global leader in test innovation, expands its operation by having a new site in Malaysia and the US. AEM will also expand its R&D centers in the aforementioned countries and Singapore. The new ... ( read original story ...)

Posted on 04/07/2022

Singapore does not expect a recession or stagflation in 2023, but significant headwinds remain: MTI

SINGAPORE: Singapore does not expect its economy to slip into a recession or stagflation next year, said Minister of State for Trade and Industry Alvin Tan in Parliament on Monday (Jul 4), although he ... ( read original story ...)

Posted on 04/07/2022

Singapore-Malaysia crossing trials automated immigration system

A new Automated Passenger In-Car Clearance System (APICS) is being trialled at Singapore's Woodlands Checkpoint on the Singapore-Malaysia border, a process that is expected to improve immigration ... ( read original story ...)

Posted on 04/07/2022

CGS-CIMB keeps ‘add’ on OCBC as net interest margins set to expand

CGS-CIMB analyst Andrea Choong has maintained her “add” call for OCBC with no changes to the previous target price of $14.20. ( read original story ...)

Posted on 04/07/2022

Entry opportunities into S-REITs amid heightened fear, data centres ‘down but not out’: DBS

DBS Group Research analysts see entry opportunities into Singapore REITs amid a period of “heightened fear”, while data centre S-REITs are worth a shot. That said, investors have turned more defensive ... ( read original story ...)

Posted on 04/07/2022

Singapore undertakes new voluntary commitments for ocean protection

Singapore is renewing ten previous ocean-related commitments and undertaking nine new ones for ocean protection, announced Foreign Minister Vivian Balakrishnan at the 2022 United Nations Ocean ... ( read original story ...)

Posted on 04/07/2022

How Technology Contributes to Economical Gaps in Southeast Asia

Singapore, Jul 4, 2022 - (ACN Newswire) - cThe survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines ... ( read original story ...)

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