The mother of a divorced man who died without a will sued her grandson to lay claim over her son’s assets, including a $450,000 Housing Board flat in Tanjong Pagar. Madam Rasalingam Letchumee, 82, ...
Inflation in Singapore will probably stay high in the first few quarters of 2023, UOB says
Too funny! Elaine Chao, who worked as the Transportation Secretary in the Trump administration, says she will not respond to former President Donald Trump calling her a racist name. Witnesses in ...
3 men to be charged with money laundering offences, with one case involving over S$5 million
SINGAPORE — Three men aged 23 to 28 will be charged in court on Friday (Dec 30) with money laundering offences in relation to two different scams. According to a statement released by the police on ...
Maid steals ATM card from 75-year-old employer; withdraws S$14,000+ from savings account
The helper stole the ATM card and sent it to her friend, who withdrew over S$14,000. The helper then made four unauthorised withdrawals herself from the employer's POSB savings account.
Credit card interest rates and fees going up at some banks in Singapore
The rising interest rate environment has seen banks making multiple revisions to home loan rates this year. Now, some lenders are raising interest charges and fees for credit cards.
Malaysian Businessman Gets 36 Years In Singapore Jail For RM26 Billion Penny Stock Crash
John Soh Chee Wen, a 63-year-old prominent Malaysian businessman, is the mastermind of a scheme that led to the largest market manipulation in Singapore.
Biz Buzz: Best of the best
In the world of Philippine business a few generations ago, to work for the local unit of the financial giant that was once called Citibank N.A. was an opportunity to learn from and be trained by the ...
Petronas, Sembcorp, JSW Neo to vie for Continuum
The deal to buy Continuum Green Energy (India), a clean energy platform founded by Arvind Bansal and Vikash Saraf in 2009. may have an enterprise value of $1.5 billion.
Chinese tourists remain key to full recovery of Asean region’s tourism sector: DBS
Signs of a slowdown in electronics/ semiconductors from South Korea and Taiwan are less than comforting.” Over the medium-term, Asean looks set to make continued progress in trade integration with the ...
DBS makes key leadership changes for institutional banking business
Joyce Tee, now group head of SME banking, to head the institutional banking group for DBS China. Read more at straitstimes.com.
Singapore Shares May Run Out Of Steam On Thursday
The Singapore stock market has ticked higher in consecutive trading days, collecting almost 10 points or 0.3 percent along the way.
Singapore’s 2023 Budget statement to be delivered in Parliament on Feb 14
SINGAPORE: Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2023 Budget statement in Parliament on Feb 14, 2023, the Ministry of Finance (MOF) said on Thursday ...
NSF participates in loanshark scam, then escapes to Batam
SINGAPORE - A full-time national serviceman with the Singapore Civil Defence Force was on probation over a Covid-19-related offence when he opened two bank accounts which others later used to receive ...
‘LVB integration complete; DBS now looks for growth’
In an interview, Shome clarified that it would take another 18 months for the bank to shed the impact of the amalgamation on profitability.
Mercatus confirms sale of Singapore malls to Link Reit for S$2.16 billion
Asia’s biggest Reit, will buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative for S$2.16 billion, NTUC unit Mercatus Co-operative confirmed on Wednesday (Dec 28).
UOB Kay Hian’s ban from IPO, RTO sponsor activities significant but unsurprising: market watchers
UOB Kay Hian’s (UOBKH) ban from new issue and sponsor activities is a significant one, but comes as no surprise to market watchers polled by The Business Times. Read more at The Business Times.