United Overseas Bank (UOB) will be trialling the use of Microsoft 365 Copilot to improve the productivity and collaboration of its frontline and back-end functions in a secure manner.
One or more in $2.8b money laundering case may be linked to family offices that got tax incentives
SINGAPORE - One or more of the accused in the recent money laundering case may have been linked to single family offices (SFOs) that had been awarded tax incentives by the Monetary Authority of ...
Singapore’s alleged launderers may be tied to family offices
may have been linked to single family offices that were awarded tax incentives, minister of state Alvin Tan said in parliament on Tuesday. Singapore has seen an influx of family offices — set up by ...
Singapore awards major payment institution license to Sygnum Bank subsidiary
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.
New inter-ministerial committee to review and strengthen Singapore’s anti-money laundering regime
Where gaps are identified, we will tighten our regulations and enforcement to prevent exploitation by criminals,” says Second Minister for Finance and National Development Indranee Rajah.
Singapore Alleged Launderers May Be Tied to Family Offices
Singapore is investigating the role that some single family offices played in one of the city’s biggest money laundering cases, adding to questions about gaps in the financial hub’s defense against bad actors.
Jack Neo Unveils ‘Money No Enough 3,’ Sequel to Singapore Hit Comedy Film (EXCLUSIVE)
Jack Neo, Singapore's record-breaking filmmaker will direct and star in ‘Money No Enough 3,’ an extension of his comedy film franchise.
Singapore says assets seized in money laundering case now at S$2.8 billion
Singapore said it was expecting more arrests and seizures as the Asian financial hub investigates one of its biggest cases of money laundering, in which the value of assets seized now stands at S$2.8 billion (RM9.62 billion). Simultaneous raids in mid ...
Billion-dollar money laundering case: Singapore police began ‘comprehensive intelligence probe’ in early 2022
“Singapore is an attractive place for investments and businesses. There is political and economic stability, strong rule of law, and transparency. People are assured that their money is safe here,” ...
Singapore seen holding monetary policy in delicate balancing act
Meanwhile, the trade-reliant nation's industrial output and non-oil exports have contracted for an 11th consecutive month, as global demand falters. Singapore is often seen as a bellwether for global ...
Visa and Global Payments launch mobile tap payments in Singapore
The feature, mobile tap, allows merchants to accept contactless payments without the need of a point-of-sale terminal.
Global Payments and Visa launch mobile tap payment solution in SG
Sellers will facilitate payments easily using smartphones. Global Payments worked with Visa to roll out its mobile tap payment solution in Singapore, which allows sellers to facilitate payments easily ...
Enhancing stretchable electronics: NUS researchers develop novel liquid metal circuits for flexible, self-healing wearables
New highly conductive material can stretch to 22 times its original length and heal cracks almost instantaneously SINGAPORE, Oct. 2, 2023 // -- Imagine a stretchable and durable sensor patch for monit ...
Singapore SPAC Vertex Tech to buy streaming platform for up to $676 mln
Oct 2 (Reuters) - Singapore's Vertex Technology Acquisition Corp (VTAC) (VERT.SI) will buy live streaming platform 17LIVE Inc for up to S$925.1 million (about $676 million), the special purpose acquisition company (SPAC) backed by state investor Temasek ...
IPO screener: JSW Infrastructure shares to make debut today
The company came out with Rs 2800 crore IPO. This would be firs listing in 13 years from Jindal group after JSW Energy. The IPO was subscribed 37.37 times. Qualified institutional buyer’s portion was ...
Central bank announces new savings bond with average yield of 3.32%
Singapore’s central bank said investment amounts have a minimum of $500 and in multiples of $500. The total amount of Savings Bonds you can hold at any one time cannot exceed $200,000. The upcoming ...