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Category: FINANCE

Posted on 06/09/2023

GASTECH-Natural gas market better supplied this winter, Chevron exec says

SINGAPORE, Sept 5 (Reuters) - The natural gas market is better supplied heading into this winter compared with last year amid fairly high stock levels, Colin Parfitt, Chevron's president of midstream, ...

Posted on 06/09/2023

UOB’s Citi acquisition to help it grow in Asean

SINGAPORE: UOB’s S$5bil 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 Singapore ...

Posted on 06/09/2023

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

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.

Posted on 06/09/2023

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.

Posted on 05/09/2023

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 ...

Posted on 05/09/2023

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 ...

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 ...

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