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Posted on 12/10/2023

$2.8b money laundering case: Accused proposes 24-hour surveillance in latest bid to be released on bail

SINGAPORE - Vang Shuiming, one of the 10 foreigners charged in Singapore's largest money laundering probe, has proposed to be placed on 24-hour surveillance in his latest bid to be released on bail.

Posted on 12/10/2023

Citigroup’s board to meet in Singapore for the first time since 2011

Citigroup Inc said on Thursday that its board of directors will meet in Singapore for the first time since 2011 as a show of commitment to the city state.The meeting will be held next week, and Citi's ...

Posted on 12/10/2023

Grab’s 70% tumble shows the limits of Singapore’s tech dream

IN THE ballroom of the five-star Shangri-La Singapore hotel, Anthony Tan celebrated a triumph for the country’s up-and-coming tech scene. “Today we shine a spotlight on South-east Asia!” he told the ...

Posted on 12/10/2023

SG firms lead investment in AI and machine learning technologies

Local businesses, on average, invest 24% of their annual budget in AI and machine learning. Singapore is ahead of the United States and the rest of the world in terms of artificial intelligence (AI) ...

Posted on 12/10/2023

The mystery of the Adani coal imports that quietly doubled in value

Analysis of customs records suggests Indian conglomerate has been inflating fuel costs using offshore middlemen ...

Posted on 12/10/2023

Singapore leading net-zero efforts in Asean, followed by Vietnam, Thailand: SEAS survey

Singapore is leading in efforts to drive net zero, followed by Vietnam and Thailand, say 150 industry leaders surveyed by the Sustainable Energy Association of Singapore (SEAS).

Posted on 12/10/2023

Well-being: The hidden cost of success for entrepreneurs in Singapore

In chasing success, many business owners are prone to neglecting their own well-being, prioritising their bottom line.

Posted on 12/10/2023

Singapore’s MAS Is Set to Extend Policy Pause on Geopolitical Tensions

Singapore’s central bank is set to leave its monetary policy unchanged for a second straight meeting as core inflation wanes and economic growth remains fragile.Most Read from BloombergIsrael Latest: ...

Posted on 12/10/2023

Money Laundering Scandal Takes Center Stage in Singapore. Is the City’s ‘Squeaky Clean’ Reputation at Risk?

An influx of wealth and the rapid growth of fintech companies operating on a global level without a comprehensive regulatory framework has led to an increase in high-profile corruption, fraud and ...

Posted on 12/10/2023

OCBC’s Private Bank To Forge Ahead in China Despite Economic Slowdown

Amid an ongoing economic slowdown in China, Singapore-based private bank OCBC has declared its plans to expand its workforce in the country, a move that stands in stark contrast to the caution ...

Posted on 12/10/2023

Singapore Sports School student, 14, dies after fitness trial

A 14-year-old student died after participating in a fitness trial at Singapore Sports School, and the school has stated it will investigate the death.

Posted on 12/10/2023

Amazon inks e-commerce pact to take Singapore SMBs global

Amazon wants to arm 800 small- and mid-size enterprises in Singapore with the skillsets to push their business online, amid sharp climbs in technology adoption among these organizations.

Posted on 12/10/2023

I toured the Singapore golf club that charges $720,000 for membership. It looks like it’s stuck in the 90s.

Insider's reporter learned that being wealthy doesn't necessarily mean being opulent, but it definitely means having expensive hobbies.

Posted on 12/10/2023

Singapore real estate investment sales to hit S$18 to S$20b this year

S$22b. In the coming months, Knight Frank said Singapore’s capital markets space will be characterised by investors on the search for assets being primarily focused on adding value to the properties ...

Posted on 12/10/2023

Cautious Resilience: Singapore’s Central Bank Holds Steady Amid Economic Challenges

A Steady Hand Amid Economic Turbulence In the face of declining core inflation and a fragile economic growth trajectory, Singapore’s central bank, the Monetary Authority of Singapore (MAS), is ...

Posted on 12/10/2023

Commentary: Singapore banks’ latest anti-scam measures may be inconvenient, but would you rather lose your life savings?

In others, an enforced wait time slowed down their tasks. In some other cases, they had to uninstall certain apps for their mobile banking apps to work. The Association of Banks in Singapore (ABS) ...

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