In 2021, Servier acquired the oncology business of Agios Pharmaceuticals that had, since 2018, an exclusive collaboration and license agreement with CStone to develop and commercialize TIBSOVO in ...
Court freezes US$1.14bn in failed Singapore-based crypto fund’s assets
A court has ordered a US$1.14 billion (RM5.3 billion) worldwide asset freeze on the founders of collapsed cryptocurrency hedge fund Three Arrows Capital, ...
Singapore director of 980 companies jailed after US$5 million laundered through China-linked firms under him
Xie Yong's business clients were locals at first, but he pivoted to target Chinese clients, agreeing to stand as director for them and not checking what their actual business activities were.
Singapore government bonds to retain some popularity despite falling yields
SINGAPORE government bonds will likely retain some of their popularity in 2024, even as their yields fall to account for changing interest-rate expectations. Read more at The Business Times.
Cops nab remaining suspects involved in Singapore boy’s abduction in JB
The main suspect, a business partner of the victim’s father, planned the kidnapping with three others. Read more at straitstimes.com.
Fintech in Singapore: 2023 in Review
Singapore actively pursued key initiatives across various domains in the financial sector, focusing green finance, payments and digital money.
Singapore director of 980 companies jailed for neglect on money laundering
Xie Yong, who had offered accounting services to foreign clients seeking to incorporate companies in the city state, was sentenced to four weeks in jail.
Moomoo Singapore Achieves Regulatory Milestone with MAS MPI License
Moomoo Singapore, a leading digital brokerage firm, has recently been granted in-principle approval for a Major Payment Institution License – Digital Payment Token Service, by the Monetary Authority ...
Breaking: Crypto Manager HashKey Capital Bags Singapore License
Crypto asset manager HashKey Capital has secured the license to operate as a full capital markets service provider in Singapore ...
Man fined for illegally importing meat and running unlicensed cold stores
SFA officers discovered 1,784kg of such products in a cold store at Gambas Crescent. Read more at straitstimes.com.
Red Sea attacks threaten Asia’s holiday food imports, rattle supply chains: ‘stakes are high’
Ships have been forced to divert around the Cape of Good Hope, adding up to two weeks' journey, or 30-40 per cent more time between Asia and Europe Logistics and forwarding companies say the situation ...
Singapore stocks fall amid regional ‘Santa rally’, STI down 0.3%
Australia was a standout, with the market up 0.7 per cent to hit to a fresh 10-month high that is now only a smidgeon below its record level. Volume was huge as well, with turnover of AUD$8.65 billion ...
GOPIZZA lands as the third-leading, fastest-growing pizza chain in Singapore
The Korean pizza chain has expanded to 27 outlets. South Korea-based pizza chain GOPIZZA has solidified its foothold in Singapore with 27 new outlets, making it the third leading pizza chain in the ...
Ten victims lose at S$9,000 to phishing scam involving tax refunds
SINGAPORE: About 10 victims have lost at least S$9000 since Dec 9 to scams involving refunds from the Inland Revenue Authority of Singapore (Iras).
Vietnam and Singapore’s strategic vision for trade and investment
Quang Anh and Vaibhav Saxena, lawyers at VILAF, have given their insights to VIR on Vietnam-Singapore relations.
Pegasus Asia will not conclude business combination; to dissolve
PEGASUS Asia said it will not conclude a business combination “after considering macroeconomic and market conditions”, partially confirming an earlier media report that stated it was one of two ...