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Category: FINANCE

Posted on 29/05/2024

$3b money laundering case: Su Jianfeng handed 2 new charges, faces 14 in total

Su was handed six forgery charges on May 16, which accused him of submitting a number of property sales contracts to two banks, knowing they were false. This was allegedly to deceive the banks into ...

Posted on 29/05/2024

Seatrium reports net order book of S$25.8B in 1QFY2024; S$11.4B in order year-to-date

SINGAPORE: Seatrium Limited, a global provider of engineering solutions to the offshore, marine, and energy industries, reported a net book order of S$25.8 billion in its business update for the first ...

Posted on 29/05/2024

Man charged with making bomb threats during multiple calls with DBS

A 34-year-old man was charged in court on Wednesday (May 29) after he allegedly made bomb threats during multiple calls to DBS Bank.

Posted on 29/05/2024

Singapore HNWs says current investment returns have “room to grow”

Over 2 in 5 (42%) of high net worth (HNW) investors in Singapore are actively seeking better returns and intend to allocate more funds to private market strategies and hedge funds. The study, ...

Posted on 29/05/2024

Jail for director who worked with others to cheat 2 victims of over $541k in investment scheme

Hong was a Singapore Armed Forces regular when he committed the offences in 2016 and 2017. Read more at straitstimes.com.

Posted on 29/05/2024

$3b money laundering case: Accused Su Jianfeng handed 2 new charges, faces 14 charges in total

Su was handed six forgery charges on May 16, which accused him of submitting a number of property sales contracts to two banks, knowing they were false. This was allegedly to deceive the banks into ...

Posted on 29/05/2024

DBS maintains ‘hold’ call on Elite UK REIT with lower TP of 25 pence after site visit

DBS Group Research’s Tabitha Foo, Derek Tan and Dale Lai have maintained their “hold” call on Elite UK REIT while decreasing their target price to 25 pence (43 cents) from 28 pence previously ...

Posted on 29/05/2024

Man charged after he allegedly threatened to plant bomb at DBS headquarters

Ang Cheng Shin was caught within four hours after police received a report about the bomb threat. Read more at straitstimes.com.

Posted on 29/05/2024

Singapore shares edge lower at Wednesday’s open; STI down 0.1%

SINGAPORE stocks started Wednesday (May 29 ... Over in Europe, shares fell on Tuesday as cautious commentary from Federal Reserve officials weighed on investor sentiments. The pan-European Stoxx 600 ...

Posted on 29/05/2024

DBS hit with yet another service outage, just 2 days after MAS ban expired

SINGAPORE: DBS and POSB digital banking customers faced yet another service outage yesterday evening (2 May), barely two days after a six-month ban on non-essential information technology system ...

Posted on 29/05/2024

Man to be charged with making bomb threats during multiple calls with DBS

SINGAPORE: The police arrested a 34-year-old man on Monday (May 27) after he allegedly made bomb threats during multiple calls to DBS Bank. A DBS representative had called the police at about 2.10pm ...

Posted on 28/05/2024

India, Singapore set to firm up key pacts to boost ties in emerging areas

Singapore is India's largest trade partner in ASEAN. It is the leading source of FDI, among the largest sources of external commercial borrowings and foreign portfolio investment. More than 80 per ...

Posted on 28/05/2024

Man arrested for allegedly threatening to plant a bomb at DBS’ headquarters

SINGAPORE - A man was arrested on May 27 after he threatened to plant a bomb at DBS Bank’s headquarters, the police said in a statement on May 28.

Posted on 28/05/2024

Mapletree Investments in the red with $577.2 million full-year loss on valuation decline

It aims to navigate the challenging landscape with a prudent investment approach Read more at straitstimes.com.

Posted on 28/05/2024

5 Singapore Stocks That Increased Their Dividends by 20% or More

United Overseas Bank, or UOB, is the third-largest bank in Singapore. The lender reported a strong set of earnings for 2023 and raised its final dividend to S$0.85. 2023’s total dividend came up to ...

Posted on 28/05/2024

Grab driver with just S$16 left in his bank account passes away; Grab waives his S$1.9K outstanding fees

SINGAPORE: The passing of a Grab driver in Singapore, Mr Soh, has sparked attention and... The post Grab driver with just S$16 left in his bank account passes away; Grab waives his S$1.9K outstanding ...

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