Mandarin Oriental, Singapore's redesigned pool and deck area makes for a luxurious respite from the city. A luxury icon of the Far East just got a dazzling new look: After a six-month transformation, ... ( read original story ...)
‘Fraudsters have never let national boundaries stop them’: Singapore inks international accord for recovery of fraudulent funds
Singapore has joined hands with several other nations to recover fraudulent funds. The agreement was cemented in a communique signed on Monday (March 11) at the inaugural Global Fraud Summit organised ... ( read original story ...)
Firm fined S$50k after its bank account was used to receive scam proceeds totalling nearly $2mil
SINGAPORE: An 18-year-old youth set up a company in January 2022 and its bank account was later used to receive the proceeds of an overseas scam totalling some US$1.5 million (S$2 million). ( read original story ...)
Woman in Singapore, 29, charged with cheating over Taylor Swift concert ticket scam on Carousell
A 29-year-old woman was charged with cheating on Tuesday (March 12) after allegedly scamming people with Taylor Swift concert tickets on online ... ( read original story ...)
Good news for Gallileo, a CICT property, as it secures ECB as anchor
Gallileo, jointly owned by CLCT and CapitaLand Investment, has secured ECB as anchor tenant, lease starts in 2025 after AEI ... ( read original story ...)
Robert Kuok’s Allgreen Properties buys Seletar Mall in Singapore for US$412m — Forbes
Billionaire Robert Kuok-controlled developer Allgreen Properties has bought the Seletar Mall, a shopping mall in the northeastern part of Singapore, for US$412 million (RM1.93 billion). In a report ... ( read original story ...)
Bank veteran gets Greater China posting
SINGAPORE: The Bank of Singapore, one of Asia’s biggest private banks, said yesterday it appointed Ronnie Cheung as its chief operating officer (COO) for Greater China, effective March 19. ( read original story ...)
Sumitomo Mitsui leasing firm to buy Singapore private funds for $270m
Singapore-based ARA is carving out its private fund operations as a new company called ARAvest. SMFL units SMFL Mirai Partners (Singapore) and Kenedix will acquire 70% and 30% of ARAvest for a total ... ( read original story ...)
What Singapore’s property developers can learn from Japan’s Azabudai Hills
The US$4b development seeks to become an international hub for foreigners and VCs. Japan’s newest composite redevelopment Azabudai Hills may just serve as an important cornerstone to Tokyo’s ambitions ... ( read original story ...)
Frasers Property to redeem $600 million perpetual securities
SINGAPORE - Frasers Property’s wholly owned subsidiary, Frasers Property Treasury (FPT), is redeeming $600 million fixed-rate subordinated perpetual securities. Read more at straitstimes.com. ( read original story ...)
Catastrophe bond milestone for Singapore amid record issuance and returns
SINGAPORE marks a fresh milestone in its ambition to become a hub for issuance of insurance-linked securities (ILS) in Asia. Read more at The Business Times. ( read original story ...)
Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia
Singapore and Malaysia’s markets show a shift towards Cyber, Marine, Cargo, and Property insurance in 2024, reflecting insurers' adaptability to client needs. Success in these markets relies on ... ( read original story ...)
Travis Kelce arrives in Singapore for Taylor Swift’s Eras Tour
Travis Kelce has touched down in Singapore. The Kansas City Chiefs tight end, 34, arrived alongside several of his friends ahead of his girlfriend Taylor Swift’s final two Eras Tour shows in Asia. The ... ( read original story ...)
Singaporean bank DBS grows sustainable financing by 37% to $52.1 bln in 2023
Singapore's biggest bank DBS Group has grown its sustainable financing commitments, net of repayments, by 37.3% to 70 billion Singapore dollars ($52.10 billion) as of end-December, from S$51 billion ... ( read original story ...)
Singapore beats all other APAC cities with USD4.1b commercial property investments in Q4
This is the highest quarterly figure in the last five years. Singapore has taken the lead in Asia-Pacific in commercial real estate investments in Q4 2023, according to Knight Frank’s latest report. ( read original story ...)
Lower downpayment of 2.5% for eligible couples applying for Singapore HDB flat starting June 2024
Eligible young couples can soon apply for an HDB flat with a lower downpayment of 2.5 per cent. See if you qualify. ( read original story ...)