The Red Sea shipping crisis is making waves in Singapore as the disruption to global shipping patterns spurs higher fuel sales at one of the world’s busiest ports.
Real estate agent lied to elderly client to set up joint bank account, withdrew $20k of her money
SINGAPORE - A former real estate agent ... In November that year, Tan and the woman set up a joint bank account to deposit the proceeds. Deputy Public Prosecutors Rimplejit Kaur and Mark Chia stated ... ( read original story ...)
Singapore home sales off to the slowest start since 2009
Singapore home sales posted the weakest January sales since 2009, adding to signs that the property boom is fading. ( read original story ...)
A year’s jail for woman who cheated three victims of nearly $85,000 in false property investments
Kamsaton Rohani had cheated her client of more than $26,000 in 2018 and served 11 months' jail in 2020 Read more at straitstimes.com. ( read original story ...)
7th youth pleads guilty to role in S$12.8m OCBC phishing scam, bail doubled pending sentencing
Soh is the seventh youth to plead guilty to offences relating to the scam. Five of the other six have been given sentences including probation and reformative training. The sixth is yet to be ...
Man linked to phishing scams involving OCBC customers admits being part of crime group
SINGAPORE: man linked to phishing scams that saw multiple OCBC Bank customers lose around S$12.8 million in total has admitted that he worked with others to provide money laundering services.
Singapore unit labour cost climbs at slower pace in 2023, could ease further in 2024: MTI
MTI said the growth in pay per worker is likely to soften amid easing labour market tightness. Read more at straitstimes.com.
Singapore firms’ Budget 2024 wishlist
Ahead of the Budget 2024 speech, Singapore firms from different sectors have laid out their Budget 2024 wishlist. Deputy Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore’s ...
45% Singapore businesses want more support from Budget 2024 to manage high inflation
SINGAPORE: United Overseas Bank’s latest business outlook report has shown that nearly half of the businesses (45 per cent) would like to see more support measures to cope with high inflation from ...
Paperless cargo clearance scheme has cut hassle, clearance time at Singapore checkpoints, say drivers
SINGAPORE: At 3am daily, when many people are deep in slumber, Kumar Batumalai enters Singapore via the Woodlands Checkpoint from Johor in Malaysia to deliver cooking oil and empty steel drums.
Bridgewater continues to cut US-listed Chinese stocks as Singapore’s Temasek, Saudi’s PIF stay the course for market turnaround
Bridgewater trimmed more positions US-listed Chinese stocks in the final quarter of 2023, including a total exit from Miniso and Noah Holdings Temasek has retained most of its US-listed shares, but ...
Singapore economy grew 2.2% in Q4, lower than estimate
Singapore’s economy grew 2.2 percent on a year-on-year basis in the fourth quarter of 2023, government data showed on Thursday, lower than the advanced growth estimate of 2.8 percent released last ...
Singapore’s Job Market Displays Positive Growth Trends and Hiring Sentiment for 2024: Reeracoen Survey
A recent survey by Reeracoen, a leading provider of human resource services in Singapore, provides insightful revelations about employers' hiring motivations and workforce plans across 30 industries ...
Asian private credit players rush to bridge funding gap at SMEs and in sectors like education, technology
Asia accounts for roughly 40 per cent of global gross domestic product, 70 per cent of global economic growth and 60 per cent of the world’s population, and yet receives only about 5.5 per cent of the ...
SIA, Sats among bigger companies in S’pore market poised to ride the Dragon
Despite all the value to be had, the Singapore stock market has remained in the doldrums. How long this will continue is anyone’s guess. The market’s average price-to-earnings (PE) multiple is 12.7 ...
Singapore wrongly charged taxpayers US$5.5 million in GST last 5 years, will have to refund fees
The Ministry of Finance said that the errors were discovered in November when it found inconsistencies in the application of GST on certain government fees.