The nine people arrested are suspected to be involved in money laundering activities linked to banking-related phishing scams.
Singapore luxury bungalow sales tumble after money laundering bust
High-end bungalow sales are set for their worst year in nearly a decade with just eight sold as of the end-September. Read more at straitstimes.com. ( read original story ...)
Singapore’s $110,000-a-Month Mansion Market Grinds to a Halt
Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.Most Read from BloombergIsrael Latest: Netanyahu Rules Out Cease-Fire, ... ( read original story ...)
Arnault-Backed Singapore SPAC Nears Merger With Kacific, Sources Say
A Singaporean blank-check company backed by asset manager Tikehau Capital and a group of prominent European financiers is nearing an agreement on a merger with satellite internet provider Kacific ...
As Singapore’s aging population grows, businesses are courting older consumers
Singapore's silver economy is set to reach $72.4 billion in value by 2025, according to Aging Asia, a social enterprise that specializes in the business of aging.
Singapore real estate investments grow 8.5% to SGD7b in Q3
Thanks to a few Government Land Sales deals. According to a recent release from Colliers, around SGD7.0 billion of investments were recorded in Q3 2023, marking an 84.5% increase QOQ and a 8.5% ...
Second Chance Properties’ bottom line gets boost from investment gains
Its earnings jumped by over 38 per cent to $19.7 million for the full year ended Aug 31. Read more at straitstimes.com.
China Aviation Oil (Singapore) (SGX:G92) shareholders have endured a 30% loss from investing in the stock five years ago
For many, the main point of investing is to generate higher returns than the overall market. But every investor ...
Human-to-lion COVID transmission confirmed: Singapore study rings alarm bells for endangered species
The study reveals that the SARS-CoV-2 delta variant was transmitted from humans to lions at a Singapore zoo, emphasizing the risk to captive and endangered animals. The researchers call for strict infection control measures and suggest vaccinations for susceptible animals to protect them from anthropogenic viral transmissions.
Reeracoen Reveals What Singapore Workers Want in Latest Survey
SINGAPORE, Oct. 31, 2023 /PRNewswire/ -- Reeracoen, a leading provider of human resource services in Singapore, has released the results of its latest survey, "What Singapore Workers Want". Conducted throughout July and August this year, the survey aimed ...
Is Singapore on the path towards stronger IP annual growth?
In September, manufacturing output grew 10.7% MoM. With improving global trade winds and a gradual recovery in China-centric numbers, an expert believes Singapore's manufacturing momentum will ...
Singapore retail rental and price indices rise for second consecutive quarter in Q3
Retail rental and price indices grew 0.5% and 0.6% in Q3, respectively. The recent URA statistics showed the Singapore retail property market recovery continues to gain traction. URA’s islandwide ...
Singapore office rental index jumps 4.9% in Q3
Rents have now grown by 12.8% in the first nine months of the year. Singapore’s office rental index increased by another 4.9% q-o-q in Q3 2023, following the 2.3% q-o-q growth in Q2 2023. According to ...
Tender launched to double number of police cameras in Singapore to over 200,000 by mid-2030s
Police cameras have helped to solve about 7,500 crimes since they were first installed across the country in 2012.
Book Review: Broad themes meet niche topics in Fadipe’s debut novel ‘The Sun Sets in Singapore’
Kehinde Fadipe’s debut novel, “The Sun Sets in Singapore,” follows three expat Nigerian women to highlight the specific struggles that come with their race, gender and backgrounds — particularly in an upscale and competitive environment like Singapore.
Singapore, Japan, UK, Swiss Regulators Plan Asset Tokenization Pilots
Project Guardian seeks to advance digital asset tokenization pilots in fixed income, foreign exchange and asset management products.