The update in the value of assets involved was revealed in a hearing where one of accused argued for bail to be granted. Read more at straitstimes.com.
Singapore’s New President Does Not Imply a Mandate for the PAP
Tharman Shanmugaratnam’s landslide victory may seem like an endorsement of the ruling People’s Action Party (PAP), but is better seen as a reflection of his personal popularity.
Singapore-based Evergreen Group Holdings to invest $7.5m in K-Pop company Attrakt
Singapore-based Evergreen Group Holdings has revealed plans to invest about 10 billion South Korean won (approx. USD $7.5 million) in K-Pop entertainment agency Attrakt. That’s according to multiple ...
Singapore Narrowly Averts Recession In First Half Of 2023
GDP estimate for 2023 was revised down to 0.5% yoy compared with the advance estimate of 0.7% yoy. The service sector economy is expected to be more resilient, boosted by the continued recovery of ...
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 ...
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 ...
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 ...
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 ...
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.
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 ...
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.
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.
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 ...
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 ...
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 ...
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 ...