Wealthy investors looking to establish a family office in Singapore will now face up to an 18-month wait amid stricter regulations. The Republic, on Oct 3, said that it was looking into single family ...
Singapore’s Digital Money Revolution: Wholesale CBDC Takes Center Stage
The Monetary Authority of Singapore has unveiled a digital money strategy focusing on wholesale CBDC, tokenized bank liabilities, and regulated stablecoins, excluding retail CBDC. Local banks OCBC and ...
Interview with Citibank CEO – Citibank CEO Jane Fraser discusses overhaul in exclusive interview with CNA
Citigroup's recently-announced overhaul is taking shape. The broad aim, trim down the bureaucracy for a more nimble, client-focused institution. While the strategy is in place, investors are yet to ...
Van Thinh Phat chairwoman manipulates lender SCB in $44B scam
Truong My Lan, chairwoman of disgraced property developer Van Thinh Phat, allegedly committed a VND1-quadrillion (US$44 billion) scam using lender SCB over 10 years.
Singapore trade grows 0.3% in October
Exports rose by 2.8% whilst imports declined by 2.3%. Singapore recorded a marginal 0.3% trade growth year-on-year in October 2023, following a 12.5% decline in the previous month, according to data ...
Amazon Singapore’s Black Friday sale: Bose, Ninja and more electronic deals
Here are some of the top electronics deals from Bose, Samsung and more you can find on Amazon this Black Friday.
Winking Studios opens 2.5% above IPO price at 20.5 cents
SINGAPORE - Shares of Winking Studios began trading a20.5 cents on the Catalist board of the Singapore Exchange (SGX) on Monday. This is 2.5 per cent above its initial public offering (IPO) price of ...
Interview with Citibank CEO
Citigroup's recently-announced overhaul is taking shape. The broad aim, trim down the bureaucracy for a more nimble, client-focused institution. While the strategy is in place, investors are yet to ...
Man and teenager charged with conspiring to rob S$81,000 after victim tried to trade cash for crypto
SINGAPORE: A man and a teenager were charged in court on Monday (Nov 20) with conspiring to rob a man who tried to use S$81,060 in cash to trade for crypto tokens. Firdaus Muhammad ...
Crypto Cash Clash: Man narrowly hangs on to S$81K in attempted robbery in Singapore
A 33-year-old man has found himself in a financial fiasco after attempting to trade crypto tokens for cold, hard cash. Little did he know, his rendezvous with a mysterious Telegram stranger would soon ...
How Generative AI can be both a security friend and foe to businesses in Singapore
Generative AI can be a force multiplayer to help you stay one step ahead of adversaries in the cyber arms race.
Lessons from Singapore
Singapore’s impressive GDP per capita growth has led to it soaring from $3,611 in 1960 to an impressive $67,359 in 2022. In 1960, Singapore had a GDP per capita that was 9.7 times that of Pakistan, ...
Mild Rebound Predicted For Singapore Shares
The Singapore stock market on Friday ended the two-day winning streak in which it had gathered almost 30 points or 0.9 percent. The ...
Billionaire Wee Cho Yaw’s UOL Sells Over Half Of Singapore Residential Project During Weekend Preview
UOL Group and its unit Singapore Land sold more than half of its residential project during a private preview on Saturday in the upscale Bukit Timah enclave in the western central region of the ...
HSBC and Saxo forge strong Asia Pacific ties
In the world of finance, partnerships often hold the key to success. The relationship between HSBC and fintech innovator Saxo proves the case.
Zac Leow overcame paralysis, now he is aiming for a world record at Standard Chartered Singapore Marathon
He has already overcome paralysis after a serious accident. Now, Dr Zac Leow is aiming to break a world record at the Standard Chartered Singapore Marathon.