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Posted on 11/08/2023

Singapore-based solar company to bring manufacturing plant, 1,800 jobs, to Albuquerque

A Singapore-based solar company will be bringing an estimated $1 billion investment and 1,800 jobs to Albuquerque.

Posted on 11/08/2023

Singapore-Based DigiFT Launches Regulatory-Compliant US Treasury Token

DigiFT, a digital asset decentralized exchange (DEX) based in Singapore, launched DigiFT US Treasury Token (DUST) – “the first fully regulatory-compliant U.S. Treasury token issued on a public ...

Posted on 11/08/2023

BBC Studios debuts Bluey toys in Asia with Singapore launch

Toy range licensed by Moose Toys and distributed by Sheng Tai Toys, hit shelves for the first time in the region, starting with Singapore retail stores.

Posted on 11/08/2023

Crypto investors sue Asian venture capital firms for ‘aiding and abetting’ FTX, naming Temasek, SoftBank and Sino Global

Temasek, SoftBank and Sino Global were named along with nine other VC firms in a class-action lawsuit alleging they should have known about issues at FTX before it collapsed.

Posted on 11/08/2023

Blockchain.com Obtains Major Payment Institution License from Monetary Authority of Singapore

Blockchain.com announced it has been granted a major payment institution (MPI) license from the Monetary Authority of Singapore.

Posted on 10/08/2023

HSBC accuses S’pore oil tycoon of brazen fraud

“It is HSBC’s case that it has been a victim of brazen fraud perpetrated by the defendants,” the bank’s lawyers said in an opening statement, adding the Lims cheated various banks into extending ...

Posted on 10/08/2023

Singaporean man fined RM51,000 for illegally importing more than 180kg of food products from China

A Singaporean man was fined $15,000 (RM51,000) on Thursday for illegally importing more than 180kg of meat and seafood products from China, according to a joint statement by the Singapore Food Agency ...

Posted on 10/08/2023

Singapore’s middle distillates stocks steady; imports rise

Singapore's middle distillates stockpiles were little changed as an uptick in weekly imports for both gasoil and jet fuel/kerosene capped drawdowns, official data showed on Thursday.

Posted on 10/08/2023

Genting Singapore H1 profit more than trebles on improved visitor arrivals

GENTING Singapore posted a net profit of S$276.7 million for the six months ended Jun 30, 2023, more than three times the S$84.4 million in earnings in the same period a year ago. Read more at The ...

Posted on 10/08/2023

OCBC app new security feature prompts users to delete unofficial 3rd party apps, bank says no breach in privacy

Before OCBC rolled out the new security update, they would have at least one reported case of malware from third-party apps that led to users having their bank accounts drained. Chua stated that since ...

Posted on 10/08/2023

Singapore Exchange revises IPO rules for life science firms

Singapore Exchange Ltd (SGX) is amending its initial public offering (IPO) rules to clarify that life science companies seeking to list on its mainboard exchange do not need to be revenue-generating.

Posted on 10/08/2023

Liquidators of Hin Leong, top creditor HSBC seeking repayment in civil suit

THE court-appointed liquidators of beleaguered oil trader Hin Leong Trading, as well as its largest creditor HSBC, are seeking US$3.5 billion from the company’s founder Lim Oon Kuin (better known as ...

Posted on 10/08/2023

Man fined $15,000 for illegally importing more than 180kg of food products from China

SINGAPORE - A Singaporean man was fined $15,000 on Thursday for illegally importing more than 180kg of meat and seafood products from China, according to a joint statement by the Singapore Food Agency ...

Posted on 10/08/2023

Singapore fuel oil inventories drop to three-week lows

Residual fuel oil stocks at key trading hub Singapore retreated to three-week lows, official data showed on Thursday, amid a strongly backwardated market and high storage financing costs. Onshore fuel ...

Posted on 10/08/2023

Singapore stocks rise on Thursday amid mixed regional trading; STI up 0.3%

Local stocks inched higher on Thursday amid mixed trading in the region and a nervy session on Wall Street overnight ahead of upcoming inflation figures. Read more at straitstimes.com.

Posted on 10/08/2023

7 Singapore companies on Forbes Asia’s Best Under A Billion 2023 list

SINGAPORE — Seven Singapore companies made it to this year's Forbes Asia's Best Under A Billion list. The annual list, released on Thursday (10 August), highlights 200 small and midsized publicly ...

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