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Posted on 14/07/2023

Billionaire property tycoon Ong Beng Seng issued notice of arrest over CPIB probe involving Minister S Iswaran

The 77-year-old managing director of Hotel Properties Limited (HPL) will surrender his passport to the anti-graft agency upon his return to Singapore. ( read original story ...)

Posted on 14/07/2023

Singapore avoids technical recession as economy grows 0.7% year-on-year in second quarter

Singapore’s economy avoided a technical recession in the second quarter, growing 0.7% year-on-year and 0.3% quarter-on-quarter, advanced estimates showed. Economists polled by Reuters expected to see ...

Posted on 14/07/2023

DBS NAMED WORLD’S BEST BANK FOR CORPORATE RESPONSIBILITY BY EUROMONEY

DBS, a leading financial services group in Asia, has been named the World's Best Bank for Corporate Responsibility in the prestigious Euromoney Awards for Excellence 2023. In the same awards, DBS was ...

Posted on 14/07/2023

Singapore’s economy grows slightly more than expected in Q2

Singapore’s economy grew slightly more than expected in the second quarter, data showed on Friday, as resilience in construction activity and the service industry helped offset a sharp decline in ...

Posted on 14/07/2023

Singapore’s economy grew 0.7% in Q2, faster than previous quarter: Advance estimates

SINGAPORE: Singapore’s economy grew 0.7 per cent year-on-year in the second quarter of 2023, faster than the 0.4 per cent growth in the preceding quarter, according to ad ...

Posted on 14/07/2023

Singapore Tycoon Ong Assisting in Graft Probe, Has Arrest Notice

Singapore-based Hotel Properties Ltd. said its Managing Director Ong Beng Seng has been requested to provide information on his interactions with Transport Minister S. Iswaran by the country’s anti-graft agency.

Posted on 14/07/2023

Singapore Minister, Billionaire Hotelier Questioned in Rare Corruption Probe

A high-profile corruption probe is rocking Singapore’s reputation for clean government after antigraft officials called in the city-state’s transport minister and a billionaire hotelier for questioning.

Posted on 14/07/2023

Singapore avoids technical recession with economy growing 0.3% quarter on quarter

GDP expanded by 0.3 per cent in the second quarter of 2023 from the previous three months. Read more at straitstimes.com.

Posted on 14/07/2023

MAS tax exemption tweaks may not move the needle for most single family offices: industry watchers

RECENTLY announced tweaks to the tax incentive scheme for single family offices (SFOs) are a good nudge for greater investments in Singapore, industry watchers said, but may do little for the bulk of ...

Posted on 14/07/2023

China’s Drop in Exports Signals Deepening Slowdown in Global Trade

Chinese exports fell at their steepest annual pace in June since the early days of the pandemic in February 2020, and it isn’t the only Asian economy reporting sinking overseas sales.

Posted on 14/07/2023

Singapore stands out as a global tech hub amid U.S.-China tensions

Steven Okun serves as chief executive of ESG and sustainability consultancy APAC Advisors in Singapore and also as chair of AmChams of Asia Pacific. Previously best known in international business as ...

Posted on 14/07/2023

Singapore’s State-Owned Investment Firm Vertex Venture Holdings Raises Over $900M For Its Latest Fund

Temasek Holdings Ltd., Singapore's state-owned investment firm, has raised over $900 million via its venture capital unit — Vertex Venture Holdings — for its latest fund, as reported by Nikkei Asia.

Posted on 14/07/2023

Singapore’s FIFAe Nations Cup players proud of historic feat after reaching round of 16

They beat Brazil in a must-win game to qualify for the knockout stage, where Argentina proved too strong. Read more at straitstimes.com.

Posted on 14/07/2023

Lim Tean demands Singapore Land Authority to account for discrepancy in ministers’ bungalow rentals and recent bungalow bid

Lim Tean, leader of the People's Voice party, has demanded clarity from the Singapore Land Authority regarding the perceived disparity between ministers' bungalow rental rates and recent bids for ... ( read original story ...)

Posted on 13/07/2023

Citi PremierMiles Card Review—Citi Miles That Never Expire

The Citi PremierMiles Card used to be in the spotlight for the longest time: It was considered one of the most popular Citibank credit cards, and once upon a time, some even regarded it as the best ...

Posted on 13/07/2023

Month-long police-DBS operation prevents 3,900 from losing over $21 million through scams

SINGAPORE - A month-long joint operation by the Singapore Police Force (SPF) and DBS bank prevented more than 3,900 victims from losing over $21 million through scams, the police said on Thursday.

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