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Posted on 12/07/2023

How does the President of Singapore safeguard its national reserves?

How does the President of Singapore protect the nation's past reserves (reserves which were not accumulated during the present term of government), and what is the scope of power that he or she can exercise in order to carry out this crucial responsibility?

Posted on 12/07/2023

Singapore bank to close five accounts held by Myanmar’s MAI

Singaporean multinational banking entity, the United Overseas Bank (UOB), is closing five bank accounts held by MAI - Myanmar Airways International (8M, Yangon), according to a leaked June 25 letter ...

Posted on 12/07/2023

Singapore workers feel they work up to 10 unpaid working hours a week: Survey

As much as 40 per cent of Singapore workers believe that they work up to 10 hours unpaid hours per week, a new survey shows. What else?

Posted on 12/07/2023

Singapore’s Surging Rents to Be Big Election Issue, Survey Shows

Singapore’s rising rents are set to be a key issue among voters in the next general election, a survey showed, in the latest indication of the political fallout from the country’s buoyant property market.

Posted on 12/07/2023

Lion City Sailors to replace AS Roma & face Tottenham Hotspur at National Stadium on Jul. 26

AS Roma won't be in Singapore. Singapore Premier League club Lion City Sailors (LCS) will face English club Tottenham Hotspur in the Tiger Cup on Jul. 26 at the National Stadium. LCS replaced Italian ...

Posted on 12/07/2023

Cambodia, Singapore roll out SME-support fintech plan

Cambodia and Singapore have launched a Financial Transparency Corridor (FTC) initiative intended to provide the necessary digital infrastructure for cross-border financial services and trade between ...

Posted on 12/07/2023

Singapore Billionaire Peter Lim’s Thomson Medical To Buy Vietnam Hospital Operator For $381 Million

Thomson Medical Group has agreed to buy hospital operator Far East Medical Vietnam as the Singapore-based healthcare company expands its footprint across Southeast Asia.

Posted on 12/07/2023

Citi to launch new commercial banking digital platform in Singapore

Citi has launched CitiDirect Commercial Banking, bringing together its products and services into a single digital platform to address the needs of Citi Commercial Bank (CCB) clients. Currently live ...

Posted on 12/07/2023

Singapore’s Temasek is ‘not comfortable’ investing in crypto firms: here’s why

Temasek CEO Rohit Sipahimalani is reluctant in investing in crypto firms due to regulatory uncertainty. Find out more.

Posted on 12/07/2023

After $275M FTX Loss, Temasek to Avoid Crypto Citing Regulatory Uncertainty

Temasek Holdings, a sovereign investment fund of Singapore, said it has no plans to invest in the crypto market, citing the ongoing regulatory headwinds in the sector. In particular, Temasek’s chief ...

Posted on 12/07/2023

Singapore’s Thomson Medical to Buy FV Hospital for $381 Million

Thomson Medical Group Ltd. has agreed to buy FV Hospital for as much as $381.4 million, marking the biggest-ever health care deal in Vietnam.

Posted on 12/07/2023

Singapore: Indian-origin Recalcitrant Offender Gets 22-month Jail Term, Ordered 12 Cane Strokes

A 29-year-old Indian-origin recalcitrant offender, who handed his alleged accomplice a harpoon that was later used to stab a man, was on Tuesday sentenced to nearly 22 months in jail and ordered to ...

Posted on 12/07/2023

Singapore opens corruption probe into transport minister S. Iswaran

The city state's Corrupt Practices Investigation Bureau said in a statement that it was unable to release further details about the investigation Iswaran has been ordered to go on a leave of absence ...

Posted on 12/07/2023

5 Takeaways From Temasek’s FY2023 Performance (And How To Apply It To Our Investments Amid High Interest Rates, Global Uncertainties)

What should you do with your investments while the world grapples with stubborn high inflation? Singapore investment company Temasek’s global direct investments saw a reversal of gains from the high ...

Posted on 12/07/2023

Singapore man jailed for stealing police jacket had ‘fetishistic interest’ in uniforms

Lam Seng Yip, 52, was previously convicted in 2019 of stealing operational items from police and Aetos traffic marshalls and given a mandatory treatment order.

Posted on 12/07/2023

Visit Singapore’s Brand-New Tropical Oasis In The Clouds

It’s a new and brighter era for luxury hotels, one that is more environmentally friendly and visibly leafier. Enter: Pan Pacific Orchard, Singapore.

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