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Category: FINANCE

Posted on 05/09/2023

Assets involved in money laundering case balloons to S$1.8bil: Prosecutors

The police have taken control of more than S$1.8 billion in assets as they continue to investigate one of the largest money laundering cases in Singapore, prosecutors told the High Court on Tuesday ...

Posted on 05/09/2023

Seizures linked to billion-dollar bust balloon to S$1.8b: Prosecutors

THE police have taken control of more than S$1.8 billion in assets as they continue to investigate one of the largest money laundering cases in Singapore, prosecutors told the High Court on Tuesday ...

Posted on 05/09/2023

Singapore money laundering case exposes gaps in defenses

A Singapore money laundering probe involving more than S$1 billion ($740 million) is shining a light on fund flows from abroad and raising questions about loopholes that enabled an alleged crime ...

Posted on 05/09/2023

Singapore: Small improvement in the Manufacturing PMI – UOB

UOB Group’s Senior Economist Alvin Liew and Associate Economist Jester Koh comment on the publication of the PMI results in Singapore. Singapore’s manufacturing outlook improved marginally as the ...

Posted on 05/09/2023

Singapore shares fall amid declines across Asia-Pacific, STI down 0.4%

Losers outnumbered gainers 286 to 274 as 1.2 billion shares worth $656.2 million changed hands. Read more at straitstimes.com.

Posted on 05/09/2023

Ryde Group Ltd. Files For $17 Million U.S. IPO

Summary Ryde Group Ltd. has filed for an IPO to raise $17.25 million in gross proceeds. The Singapore-based firm operates a platform for car-pooling and ride-hailing services. Ryde is experiencing ...

Posted on 05/09/2023

HSBC Singapore increases maternity & paternity leave provisions effective 1 September

As part of the enhanced parental leave policies, maternity leave has been extended to 26 weeks, while paternity leave was increased to eight weeks.

Posted on 05/09/2023

Assets involved in money laundering case balloons to $1.8b: Prosecutors

The police have taken control of more than $1.8 billion in assets as they continue to investigate one of the largest money laundering cases in Singapore, prosecutors told the High Court on Tuesday.

Posted on 05/09/2023

Asia Oil & Gas Latest: Refining ‘Crying Out’ for Investment

which entered its second day in Singapore. Attendees at APPEC by S&P Global Commodity Insights will also have an opportunity to reflect on Russia’s war in Ukraine, and the transition away from fossil ...

Posted on 05/09/2023

Best credit card promotions in Singapore (September to October 2023): Citibank, DBS, HSBC, UOB, and more

Are you a Singapore Airlines (SIA) loyalist ... You can apply for these cards no matter your gender. The POSB Everyday Card is a straightforward cash rebates card with no minimum spend. You can apply ...

Posted on 05/09/2023

Should Singapore Banks Be Wary? Trust Bank Attracts Over S$1 Billion in Deposits

Trust Bank surpasses the S$1 billion deposit mark and claims that breakeven is within sight by 2025. The post Should Singapore Banks Be Wary? Trust Bank Attracts Over S$1 Billion in Deposits appeared ...

Posted on 05/09/2023

What Singapore’s Osim learnt from a US$77m deal setback

After Singapore entered a recession in 1985 ... and cardiothoracic surgeon Professor Thomas Burdon for the uDream Pro Well-Being Chair – and investing in new technologies will enable Osim to help its ...

Posted on 05/09/2023

UOB’s Citi acquisition to help meet goal of becoming preferred bank in Asean, says senior exec

SINGAPORE - UOB’s $5 billion acquisition of Citigroup’s consumer businesses in Malaysia, Thailand, Vietnam and Indonesia will be a game changer by doubling the bank’s Asean customer base outside ...

Posted on 05/09/2023

Finally cracking the US market: What Singapore’s Osim learnt from a US$77m deal setback

After Singapore entered a recession in 1985 ... and cardiothoracic surgeon Professor Thomas Burdon for the uDream Pro Well-Being Chair – and investing in new technologies will enable Osim to help its ...

Posted on 05/09/2023

Challenger’s majority shareholders exercise right of compulsory acquisition

The majority shareholders of Challenger Technologies have exercised the right to compulsorily acquire all shares of the company – particularly the shares of shareholders who have not accepted the ...

Posted on 04/09/2023

IPO Roundup: Arm Holdings, Prospect Energy Holdings and more

The U.S. IPO market is gaining momentum as fall approaches, with growth stocks performing well in 2023 amid lower inflation and AI hype. In August, 16 companies filed for IPOs, with Arm (ARM) filing ...

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