MAS and participating banks will experiment with Quantum Key Distribution (QKD) solutions jointly provided by SPTel and SpeQtral.
S$3b money laundering case: 2 ex-bank employees and former driver of fugitive to be charged in court
TWO former bank employees will be charged in court on Aug 15 over money laundering and forgery offences, one year after 400 police officers raided multiple luxury homes in the biggest money laundering ...
Singapore banks’ loan growth, fee income steady in Q2
Singapore’s banks delivered strong earnings in Q2 2024 on the back of net interest income (NII) growth, continued recovery in fees, and benign provisions, reports UOB Kay Hian (UOBKH). Loan growth ...
Singapore ranks 7th most expensive place to rent prime offices in APAC at 21% premium
SINGAPORE: Singapore has been ranked seventh for the most expensive place to rent prime offices... The post Singapore ranks 7th most expensive place to rent prime offices in APAC at 21% premium appear ...
“You can’t compete with Johor prices” — Singapore retailers urged to attract locals with additional services as RTS link with JB nears
SINGAPORE: Retailers in Singapore are advised to attract customers with additional services as the upcoming Rapid Transit System (RTS) link, set to start in 2026, is expected to increase competition ...
Singapore to Charge Two Ex-Bankers in Money-Laundering Scandal
Singapore is set to charge two unnamed former Chinese bankers on Thursday in the country’s biggest money-laundering case.
$3b money laundering case: 2 ex-bank employees and former driver of fugitive to be charged in court
Three individuals will be charged exactly one year after the arrests of the 10 money launderers on Aug 15, 2023. Read more at straitstimes.com.
DBS Bank India Celebrates 30 Years with ‘India-Singapore Connect’
Singapore Connect' initiative. This program aims to strengthen the India-Singapore partnership by fostering dialogue and collaboration across sectors. Inaugurated in collaboration with CNBC-TV18, the ... ( read original story ...)
Standard Chartered team up on Next Gen plan with INSEAD and SC Ventures
"Standard Chartered team up on Next Gen plan with INSEAD and SC Ventures" was originally created and published by Private Banker International, a GlobalData owned brand.
The deepfake election nightmare hasn’t happened. Singapore still wants to ban them
Following South Korea’s lead, Singapore intends to ban deepfakes ahead of upcoming elections, despite concerns of curbing freedom of speech.
Singapore stocks close in the black; STI up 0.9%, led by Wilmar
Regional markets responded with mixed results. Hong Kong’s Hang Seng fell 0.4 per cent but South Korea’s Kospi rose 0.9 per cent, Japan’s Nikkei 225 ended 0.6 per cent ahead and Malaysian shares ...
Tax On Forex Trading In Singapore – Updated Guide [Year]
Singapore has rules requiring some traders to pay taxes depending on specific criteria. The rules are nuanced-many consider them a s ...
Singapore’s Nets rolls out SoftPOS product
Singapore's leading payment services group, has launched NETS SoftPOS, a terminal-less payment solution for swifter, seamless and more cost-efficient payment transactions.
Victims in SG lose S$36mil in under 2 months to conmen touting investments on social media, chat groups
Victims lost at least S$36mil in less than two months to conmen touting investment scams on chat groups and social media platforms, Singapore police said.
Declining interest rate environment will affect UOB’s growth engine, says CFO Lee
The upcoming declining interest rate environment will affect a huge part of United Overseas Bank U11 0.00% ’s (UOB) growth engine, so the bank will have to focus on fee income for the foreseeable ...
Singapore Dollar Notches New 2024 High Amid Tighter Policy View
The Singapore dollar extended gains to touch a fresh 2024 high versus the greenback as forecasts for the local central bank to keep a tighter monetary policy relative to the Federal Reserve this year ...