An international watchdog has called on regulators around the world to identify the entities responsible for decentralised finance (DeFi) activities and in turn throw more light on an often murky ...
Ola Electric receives $140 million funding from Singapore state investor Temasek
Singapore state investor Temasek has invested $140 million in Ola Electric Mobility Pvt. Ltd as a part of the ongoing round to raise $250 million, sources informed CNBC-TV18. This comes after Reliance ...
Australian Billionaire Wants Submarine Cable to Export Solar Power to Singapore and Beyond
SunCable could help Asia’s fossil-fuel dominated economies—particularly those with limited space for solar and wind farms—switch to cleaner electricity sources.
New security feature on OCBC banking app prevents loss of S$2 million
THE anti-malware security feature on the OCBC Digital app has prevented scammers from making away more than S$2 million since its launch on Aug 5. Read more at The Business Times.
OCBC’s Anti-Malware Feature Foiled All Scam Attempts Since August Launch
OCBC said its anti-malware security feature has prevented scammers from stealing more than S$2 million from more than 30 customers.
At least $2m in savings prevented from being stolen in malware attacks after OCBC app security update
No losses from malware scams reported by customers since updated version of OCBC banking app. Read more at straitstimes.com.
Australian Billionaire Cannon-Brookes Says $13 Billion Singapore Solar Project Is Viable
SYDNEY (Reuters) - Australian billionaire Mike Cannon-Brookes on Thursday stood by the economics of a plan to ship energy from a giant solar farm in the country's north to Singapore via undersea cable ...
Continued Consolidation Predicted For Singapore Stock Market
The Singapore stock market has moved lower in consecutive trading days, slumping more than 15 points or 0.5 percent along the way.
IPO-Bound Ola Electric Bags $140 Mn At $5.4 Bn Valuation From Temasek, Others
Ola Electric has signed an agreement to raise $140 in a funding round led by Temasek with participation from other existing investors.
$1.8b money laundering case: Company set up so wife of accused could get work pass
The company owned by the wife of one of the accused in the $1.8 billion money laundering case was set up so that she could get an employment pass (EP) here. This was revealed by Mr Seah Li Hao, a ...
2 men in billion-dollar money laundering case denied bail after judge deems them ‘high flight risk’
SINGAPORE: Two men involved in a massive S$1.8 billion money laundering case in Singapore were denied bail on Wednesday (Sep 6) after a judge found them flight risks.
Billionaire Wee Cho Yaw’s United Overseas Bank Doubles Down On Retail Expansion And Digital Play
Buoyed by the acquisition of Citibank’s retail franchises in the region, UOB is building a new tech hub in Singapore.
Digitalisation not a disruption for banks; leverage workforce longevity: UOB executives
SOUTH-EAST Asia is an important regional production hub that is benefitting from global supply-chain shifts, with UOB in a strong position to contribute to its economic development and sustainable ...
Company set up so wife of accused in $1.8b money laundering case can get employment pass: CAD
This was revealed in an affidavit to support the prosecution’s application that no bail be granted to her husband, Wang Baosen. Read more at straitstimes.com.
Singapore Seizes Alleged Launderer’s Millions in Swiss Banks
Singapore police seized S$125 million ($92 million) from a suspected money launderer’s accounts with Bank Julius Baer and Credit Suisse Group AG’s local unit as a billion-dollar scandal continues to ...
Global Investor Programme: We Simplify Singapore’s Golden Visa
It is probably for this reason that the country introduced the Singapore Global Investor Programme (GIP) in 2004, a perfect platform for a non-Singaporean individual to make the city-state their home.