Category: BUSINESS

SINGAPORE (Reuters) - A Singapore court jailed a former wealth manager of Swiss bank BSI for 4-1/2 years on Wednesday for money laundering and cheating in a case linked to investigations into the siphoning off of billions of dollars from Malaysian ... ( read original story ...)

SINGAPORE: Singapore and China have built a strong bilateral relationship that has adapted with the changing needs of both countries over the years, said Deputy Prime Minister Teo Chee Hean on Thursday (Jul 13) at the FutureChina Global Forum, where he rei ... ( read original story ...)

SINGAPORE: The asking price for a new three-storey Singapore penthouse, complete with a private pool on the 64th floor, has reached a dizzying S$100 million ($72.6 million). Due to be formally unveiled later this year, Wallich Residence's penthouse is in ... ( read original story ...)

Cambodia has permanently banned sand exports, officially ending sales to Singapore which has used it for years as part of its land reclamation. Environmental groups said digging and dredging has had a serious impact on coastal ecosystems. A temporary ban ... ( read original story ...)

SINGAPORE -- A former banker serving a jail term for witness tampering in Singapore’s investigation of 1Malaysia Development Bhd, Yeo Jiawei, has admitted to money laundering. Yeo also pleaded guilty on Wednesday to cheating his former employer. He was ... ( read original story ...)

SINGAPORE: Yeo Jiawei, a former banker serving the longest jail term in Singapore’s probes linked to 1Malaysia Development Bhd., admitted to money laundering. Yeo, who also pleaded guilty Wednesday to cheating his former employer, was handed a 30-month ... ( read original story ...)

PHNOM PENH — Cambodia has banned all sand exports on environmental grounds, the Ministry of Mines and Energy said on Wednesday (July 12), officially ending the sale of sand to Singapore which has for years used it to reclaim land along its coasts. ( read original story ...)

PHNOM PENH -- Cambodia has banned all sand exports on environmental grounds, the Ministry of Mines and Energy said on Wednesday, officially ending the sale of sand to Singapore which has for years used it to reclaim land along its coasts. The ministry said ... ( read original story ...)

SINGAPORE: Imports are likely to grow percent to 9 percent this year on sustained domestic demand, although such increase would be slower than the 18.4-percent expansion a year ago, DBS Bank of Singapore said Monday. The bank said in a report the sluggish ... ( read original story ...)

In this trip report I review Business Class on a new Singapore Airlines (SQ) Airbus A350-900 from Düsseldorf Airport (DUS) in Germany to Changi International Airport (SIN) in April 2017. This was followed by a flight on Singapore Airlines A330 in Business ... ( read original story ...)

The concept of net worth is often used in business and economics to gauge how valuable an entity is. According to statistics highlighted in the ValuePenguin study, the average household debt per capita in Singapore is $55,112. With most Singaporeans ... ( read original story ...)

Chinese mobility startup Mobike is in discussions about how the bike-sharing space can be more closely regulated in Singapore, as local authorities grapple with the problem of thousands of bicycles dumped haphazardly around the neat city-state. Launched in ... ( read original story ...)

SINGAPORE: Singapore’s luxury home prices, which have been the worst hit by the government’s property curbs in recent years, are finally showing signs of a recovery, according to developer Guocoland Ltd. High-end home sales in the city-state had been ... ( read original story ...)

SINGAPORE: It is home to one of the world’s biggest healthcare groups, IHH. Whilst the consumer and the professional services sectors are seen to rise and continue their uptrend, Singapore will see a new potential with the healthcare sector. According to ... ( read original story ...)

Singapore Airlines has launched a new business loyalty programme called Highflyer, designed to reward small and medium-sized enterprises (SMEs) and their employees while also tying in with the airline’s existing Krisflyer frequent-flyer programme (FFP). ( read original story ...)

SINGAPORE (Reuters) - Asian shares were tentative on Thursday ... the longest rally in over five years, as rising OPEC exports and a stronger dollar turned sentiment more bearish. U.S. crude CLc1 was up 1 percent at $45.59 a barrel early on Thursday. ( read original story ...)