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Posted on 20/07/2023

Singapore bank startups lift deposit caps in sign of opening

Digital bank startups backed by Sea Ltd. and Grab Holdings Ltd. have started accepting larger deposits in Singapore, suggesting the city state s ...

Posted on 19/07/2023

Former GIC chief investment officer Ng Kok Song announces bid to run for President

Ng Kok Song, 75, highlighted his credentials of being involved in building up Singapore’s reserves when he was at GIC and the Monetary Authority of Singapore.

Posted on 19/07/2023

Singapore’s two digital banks opening up to new customers, raising deposit caps to $75,000

GXS Bank, the digital lender backed by Grab and Singtel, has opened up its flagship savings account to new customers on a first-come, first-served basis. It also raised the deposit cap to $75,000 per ...

Posted on 19/07/2023

Chinese EV giant BYD to assemble Singapore electric scooter

SINGAPORE – Home-grown electric scooter company Scorpio Electric has contracted China’s BYD group to assemble its first product, the X1, in Shenzhen.

Posted on 19/07/2023

GXS Bank makes savings account available to all eligible individuals, increases deposit cap to $75,000

SINGAPORE – GXS Bank, the digital lender backed by Grab ... had to limit applications for their savings accounts. Trust Bank – backed by Standard Chartered and FairPrice Group – holds a full bank ...

Posted on 19/07/2023

Will Singapore’s national taxonomy pave the way for a harmonisation of green standards in Asia?

In Asia, where many carbon-intensive industries still operate, there is a huge opportunity for transition financing. The Singapore-Asia Taxonomy is expected to provide clearer definitions for a ...

Posted on 19/07/2023

Former GIC investment chief Ng Kok Song announces bid for Singapore presidential election

"I have never been a political figure – my work has been professional and low-key," said Mr Ng. Read more at straitstimes.com.

Posted on 19/07/2023

An Introduction to Doing Business in Singapore 2023 – New Publication from Dezan Shira & Associates

An Introduction to Doing Business in Singapore 2023 is now available for free download. Read on to learn more.

Posted on 19/07/2023

Singapore Opposition Lawmaker Quits as Political Scandals Mount

Singapore’s main opposition party announced that lawmaker Leon Perera resigned following an affair with a colleague just days after two ruling party members of parliament stepped down over a similar inappropriate relationship.

Posted on 19/07/2023

Singapore crowned world’s most powerful passport as UK jumps to fourth

Residents of Singapore possess the world’s most powerful passport, a new report has revealed, while Britain has jumped from sixth to fourth place. The yearly ranking by Henley & Partners, a citizenship and planning firm, takes into account how many ...

Posted on 19/07/2023

Singapore topples Japan in ranking of most powerful passports

Singapore has topped a ranking of the world’s most powerful passports, toppling Japan from the top spot. Singaporeans enjoy visa-free entry to 192 destinations, more than travellers of any other country, according to the latest Henley Passport Index.

Posted on 19/07/2023

Some Singapore firms turn to Indian cities for talent pool, production boost, cheaper cost

The locations of these cities are also ideal for businesses looking to further expand into other regional markets such as the Middle East and Europe.

Posted on 19/07/2023

Ares Management to buy Singapore private equity firm Crescent Point Capital

SINGAPORE, July 18 (Reuters) - U.S-based alternative investment group Ares Management Corp has agreed to fully acquire Singapore-headquartered private equity firm Crescent Point Capital, according to ...

Posted on 19/07/2023

U.S. investor to acquire Singapore-based Crescent Point Capital

HANOI -- U.S.-based investment manager Ares Management says it has agreed to acquire Singapore-based private equity firm Crescent Point Capital (CPC). The transaction will be primarily comprised of ...

Posted on 19/07/2023

Two senior Singapore opposition party members resign after ‘inppropriate exchange’

SINGAPORE, July 19 (Reuters) - Two senior members of Singapore's largest opposition party have resigned after admitting they were in a relationship, Workers' Party chief Pritam Singh said on Wednesday ...

Posted on 19/07/2023

Singapore’s Workers’ Party MP Leon Perera and party member Nicole Seah resign over affair

SINGAPORE, July 19 — Aljunied Group Representation Constituency (GRC) Member of Parliament Leon Perera and senior Workers' Party (WP) member Nicole Seah have resigned from their positions within the ...

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