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Posted on 05/04/2024

Singapore raises US$6.10b, tops ASEAN 6 investments

The nation accounted for 73.3% of deal value within the region. With US$6.10b funds raised in 2023, Singapore further solidified its position as the premier investment destination within the ASEAN 6.

Posted on 05/04/2024

Tech evolution will mean more job cuts at Standard Chartered, but staff will be reskilled: CEO

In an exclusive interview with CNA, Standard Chartered CEO Bill Winters spoke about issues such as the impact of technology on jobs, interest rates, its losses in China, and Dubai’s growing status as ...

Posted on 05/04/2024

At Singapore Airshow, the Gaza War Was a Selling Point for Israeli Weapon Manufacturers

The Israeli pavilion was inaugurated by the Defense Ministry's director general, the head of Sibat (the ministry's international directorate for defense exports), the ambassador to Singapore and the ...

Posted on 05/04/2024

Only 1% Singapore companies are “mature” in cyber threat readiness but 99% plan to increase their cybersecurity budget in the next 12 months

SINGAPORE: A recent study by Cisco has revealed a concerning ... Over 8,000 private sector security and business leaders across 30 global markets participated in the study. Based on their responses ...

Posted on 05/04/2024

Singapore Airlines Airbus A350 Brings Cairns $26.5 Million Boost

Singapore Airlines is investing in Australian routes, upgrading to an Airbus A350 to Cairns for increased capacity and economic benefits. The upgrade will bring 23,000 extra seats annually and boost ...

Posted on 05/04/2024

GRAINS-Soybeans sink on weak US export sales, lower soyoil prices

(Rewrites throughout, updates prices, changes byline, changes dateline from PARIS/SINGAPORE) By Renee Hickman CHICAGO, April 4 (Reuters) - Soybeans dropped on Thursday following lower-than-expected ...

Posted on 05/04/2024

Australian lab-grown meat cultured from quail cells hits the market in Singapore

Singapore's food regulator approved Vow's quail foie gras ... "So instead, let's use this new technology to offer something which is distinctive from what we already consume." Vow passed the first ...

Posted on 05/04/2024

Vietnam attends homeland security technology conferences in Singapore

A delegation of the Vietnamese Ministry of Public Security led by Deputy Minister Senior Lieutenant General Luong Tam Quang attended the Milipol Asia-Pacific and TechX Summit that opened in Singapore ...

Posted on 05/04/2024

IFC and DBS launch $500 million facility to promote trade flows in emerging markets

IFC and DBS Bank Limited (DBS) have signed a US$500 million facility under IFC’s Global Trade Liquidity Program (GTLP).

Posted on 05/04/2024

5G to drive Singapore mobile service revenue to over $2bn in 2028

Singtel will continue to dominate the mobile services market in Singapore in terms of subscriptions through 2028 ...

Posted on 05/04/2024

CDL, GuocoLand Backed JVs Submit Sole Bids For Singapore Housing Sites As Demand Slows

Joint ventures backed by billionaire Kwek Leng Beng’s City Developments and his cousin Quek Leng Chan's GuocoLand submitted sole bids for two prime Singapore residential sites.

Posted on 04/04/2024

Startup investment exceeds US$6bil in Singapore in 2023

SINGAPORE: The total startup investment in Singapore reached US$6.1 billion across 522 deals in 2023, making it the top startup investment destination in South-East Asia, reported Xinhua quoting the ...

Posted on 04/04/2024

iSAM Securities’ APAC Expansion Through PrimeXM Partnership and Singapore XCore Integration

SAM Securities strengthens its foothold in the APAC market through a strategic partnership with PrimeXM and integration with Singapore XCore platform, aiming to offer enhanced trading solutions to ...

Posted on 04/04/2024

UPDATE 1-Singapore convicts second man in $2.2 billion money laundering case, media reports

By Xinghui Kok SINGAPORE, April 4 (Reuters) - A Singapore court on Thursday convicted a second defendant in its biggest-ever money laundering probe, news outlet The Straits Times reported, a case that ...

Posted on 04/04/2024

Singapore jails second man in $2.2 billion money laundering case: Report

Defendant Su Haijin admitted to one charge of resisting arrest and two money laundering charges, the report said, and was sentenced to 14 months imprisonment.

Posted on 04/04/2024

Cypriot jailed in Singapore for money laundering

A Singapore court on Thursday jailed a second defendant in its ... Government agencies are also reviewing tax incentives for family offices and looking into whether high-value assets such as luxury ...

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