Prime Minister Lee Hsien Loong spoke to CNA on June 8, for a documentary on Singapore’s reserves. The transcript of the interview was released by the Prime Minister’s Office on Wednesday. Here is an ...
SPF seizes $1 bil assets in form of GCBs, cars and property, in money laundering raid
SPF said 10 foreigners were arrested; also seized was $23 mil in cash and 35 bank accounts with estimated balance of $110 mil ... ( read original story ...)
How HSBC regained its mantle as the region’s best bank
Despite its roots in the region, HSBC’s Asian woes have sometimes seemed endemic. It has been overly dependent on Hong Kong and too often caught in Sino-US crosshairs. But under co-CEOs Surendra Rosha ...
Vietnam Airlines and Singapore Tourism Board sign MoU
Vietnam Airlines and the Singapore Tourism Board (STB) have signed an MoU until 2025, aiming to promote Singapore’s popularity as a destination for both leisure and business as Vietnam's outbound ...
Cyber Trade Mission to Singapore
The Defence and Security Exports (DSE), in association with the British High Commission in Singapore invites you to join a trade mission to introduce you to Singapore’s cyber ecosystem and identify ...
Singapore police arrest 3 Chinese nationals, 7 others with ‘Chinese passports’ in US$736 million money-laundering crackdown
All ten of the individuals arrested were found in possession of foreign passports 'believed to be issued' by China Singapore police seized goods including Good Class Bungalows, 250 luxury watches and bags,
Digital asset, payments firms toy with stablecoin plans after release of new Singapore framework
SINGAPORE - Some digital assets and payments companies in Singapore are now considering plans to issue stablecoins from the Republic or registering their tokens with the regulator. This comes after the Monetary Authority of Singapore (MAS) on Tuesday ...
Singapore’s first Sportboy of the Year Marc Tay dies aged 63
His heart was very big. I always looked up to him as an older brother,' says former swimmer and teammate Oon Jin Teik. Read more at straitstimes.com.
$1b worth of GCBs, cars and assets seized in one of Singapore’s biggest anti-money laundering operations
SINGAPORE - In one of the biggest anti-money laundering operations here, the Singapore Police Force (SPF) have rounded up a group of foreigners for allegedly engaging in money laundering activities.
Singapore stocks extend losses amid sea of red; STI falls 0.6%
SINGAPORE shares closed lower on Wednesday (Aug 16), extending declines into mid-week. Read more at The Business Times. ( read original story ...)
3 Reasons Why Singapore REITs Remain an Attractive Option for Income Investors
Here’s why Singapore REITs continue to be an attractive asset class. The post 3 Reasons Why Singapore REITs Remain an Attractive Option for Income Investors appeared first on The Smart Investor. ( read original story ...)
Singapore’s PM Lee Hsien Loong says reserves adequate for ‘most circumstances’, warns against unnecessary drawdowns
Prime Minister Lee has called for prudent use of Singapore's reserves as it is unlikely to reap the same scale of savings and investment returns as in the past He said that Singapore should continue ...
Should you buy 6-month or 1-year Singapore T-bills as investment?
Singapore treasury bills (T-bills for short) are short-term debt securities issued by the Singapore Government. They are available in two formats: six months, or one year, and are issued in tranches ...
Ex-Singapore Parliamentarian’s startup to issue Swiss Franc and Euro stablecoins
Singapore investor and former parliamentarian Calvin Cheng has announced that his wholly-owned, newly rebranded Swiss company, Anchored Coins AG ("Anchored Coins"), will be issuing two stablecoins - a ...
7 people who alleged disclosed banking, Singpass details to scammers to be charged
SINGAPORE - Seven people, including three teenagers, will be charged for relinquishing their bank accounts and/or Singpass credentials for money laundering activities linked to banking related ...
Business cheque usage low but industry, customer preferences make it hard to discard
To help businesses make the switch, banks make digital payment methods cheaper, or offer fee rebates. Read more at straitstimes.com.