SINGAPORE – A stellar cast for the HSBC Women’s World Championship in Singapore has been confirmed, with 18 of the world’s top 20 golfers – and all of last season’s Major champions – vying for honours ...
Crypto lender Celsius propped up its token, benefiting insiders – US bankruptcy examiner
Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance sheet while two of its founders cashed out millions, a U.S.
Singapore to buy electricity from Malaysia for first time from second half of 2023
The 100MW imported will be enough to power about 144,000 four-room HDB flats for a year. Read more at straitstimes.com.
Malaysia bags RM13 billion in foreign direct investment from three investors after Singapore mission
KUALA LUMPUR] Malaysia’s Ministry of International Trade and Industry has bagged an additional RM13 billion (S$4 billion) in foreign direct investment from three investors at the end of its mission in ...
Mapletree Pan Asia Commercial Trust keeps Q3 DPU unchanged at S$0.0242 due to higher finance costs
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) stayed flat at S$0.0242 for the third quarter ended Dec 31, 2022, unchanged from a year ago. This was due to higher finance ...
Singapore stocks up 3% in January on expectations of peaking interest rates
REAL estate investment trusts (Reits) and the manufacturing sector drew strong investor interest on the anticipation of smaller interest rate hikes by central banks. Read more at The Business Times.
UOB raises $2.4 million for charity with 1,500 clients, through the Bank’s annual Lunar New Year Celebrations
UOB has partnered with some 1,500 clients to raise $2.4 million for charity as part of its Commercial Banking's annual Lunar New Year ...
Singapore shares track Wall Street losses to close 0.4% lower
SINGAPORE shares fell on Tuesday (Jan 31), tracking losses on Wall Street. The Straits Times Index (STI) slid 0.4 per cent or 12.62 points to end at 3,365.67. Read more at The Business Times.
Collapsed Australia-to-Singapore Solar Firm Targets Sale By May
Administrators intend to complete the sale of collapsed solar startup Sun Cable, which aimed to export clean energy from Australia to Singapore, by the end of May.
Celsius’ Business Model Different From That Advertised -U.S. Bankruptcy Examiner
The business model that crypto firm Celsius Network had advertised and sold to its customers was not the business it actually operated, a court-ordered examiner report released on Tuesday showed. The ...
Singapore Manufacturers’ Business Sentiment Stays Weak
Business sentiment among Singapore's manufacturers for the first half of 2023 remains negative as they experience waning ...
Singapore manufacturers’ sentiment worsens; services sector mood moderates: surveys
The electronics and precision engineering clusters are the least ... Singstat said that hoteliers cited the upswing of international travel and increased tourist arrivals in Singapore as reasons for ...
Man forged bank transaction of S$25,000 to trick woman into having sex with him, gets jail
SINGAPORE: Although he did not have the money, a married man offered an Instagram acquaintance S$22,000 for sexual favours in a "sugar baby" arrangement. He continued to persuade the woman and forged ...
Billionaire Kwek Leng Beng’s CDL In Talks To Buy Historic London Marina Complex From Blackstone
City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—said late Monday it’s in talks to buy the historic St Katharine Docks (SKD) residential and commercial complex in London from U.S.
Woodlands noodle stall owner seeking elderly diner who paid S$450 instead of S$4.50 via DBS Paylah!
Xiao Mei Ban Mian, a noodles stall in Woodlands has turned to social media to crowdsource help to seek out a customer who very likely overpaid more than S$445 extra for a bowl of food. A Facebook post ...
Singapore manufacturers stay gloomy while services sector less upbeat: Surveys
All but one manufacturing cluster was pessimistic about business conditions with electronics most downbeat. Read more at straitstimes.com.