Singapore is attracting major semiconductor investments, thanks to its strong labor force, advanced research capabilities, and solid manufacturing infrastructure.
Its advantage Singapore over Cayman Islands under new RBI rules
Singapore is set to emerge as the preferred jurisdiction over the current favourite Cayman Islands for outward remittances following the recent relaxation in rules by the Reserve Bank of India (RBI), ...
Asset recovery a priority in Singapore’s national anti-money laundering regime: PM Wong
said the Finance and Home Affairs ministries and the Monetary Authority of Singapore in a joint statement on June 26. The CPC empowers the authorities to order any individual or entity to produce ...
Singapore announces seizing over $4 billion in dirty money since 2019
Prime Minister Lawrence Wong said he was determined to 'safeguard Singapore's reputation as a trusted financial center,' after a dirty money scandal marred the Southeast Asian country's reputation ...
Determined to respond to financial crime risks: Singapore PM Wong
Singapore published a national asset recovery strategy report as part of its efforts to enhance its anti-money laundering ...
Singapore’s anti-money laundering efforts led to seizure of S$6bil in criminal proceeds since 2019
said the Finance and Home Affairs ministries and the Monetary Authority of Singapore in a joint statement on June 26. The CPC empowers the authorities to order any individual or entity to produce ...
Singapore unveils asset recovery strategy to protect its financial crown jewel
The city state is determined to combat money laundering and terrorism financing to safeguard its reputation, PM Lawrence Wong said.
Lessons from S$3b money laundering case will strengthen Singapore’s approach to tackling threat: PM Wong
In his first comments on the case since it concluded, Mr Wong, who is also Finance Minister, said: “Our approach has enabled us to take quick and strong enforcement action against criminals who try to ...
Changi Business Park, International Business Park ‘hollowing out’ but UOBKH still likes these two S-REITs
Occupancy for Singapore’s business parks has languished, falling 8.0 percentage points to 79.1% over the past three years.
Singapore shares began muted on Wednesday—STI slightly down by 0.04%
SINGAPORE: Singapore shares began muted on Wednesday, June 26, following a mixed outcome in US equities overnight and negative results in European markets. The Business Times reported that the Straits ...
Singapore to strengthen laws on asset recovery to beef up anti-money laundering regime
according to a report detailing Singapore’s national asset recovery strategy. Such assets may include luxury items such as fine art, antiques, investment-grade wine, vessels, and animal livestock like ...
30 Wealthiest People in Singapore
According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024.
Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run?
These four Singapore stocks are seeing their share prices shooting up, but can they continue to do so? The post Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They ...
Analysis-Singapore Port Congestion Shows Global Ripple Impact of Red Sea Attacks
Global port congestion has reached an 18-month high, with 60% of ships waiting at anchor located in Asia, maritime data firm Linerlytica said this month. Ships with a total capacity of over 2.4 ...
The Wealthiest Person in Singapore
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the ...
Why OCBC’s offer for Great Eastern may hinge on two key shareholders
GEH is likely to be asked by the Singapore Exchange Regulation (SGX RegCo) to restore its free float, which may involve placing out its shares. OCBC, for its part, has announced that it has no ...