The once celebrated German payments firm collapsed spectacularly in 2020 after it acknowledged around $2 billion of listed assets probably didn’t exist.
Singapore hands down first Wirecard criminal convictions
Singapore has handed down prison sentences to two former senior Wirecard finance executives, the first criminal convictions related to the collapse of the once high-flying German ...
Probation for teen who receives over $85k in bank account from scams targeting OCBC customers
SINGAPORE - A 17-year-old boy, who allowed scammers to use his bank account to receive $85,220 stolen from OCBC Bank customers, also recruited his friends to commit similar offences. Cash totalling ...
DBS upgrades Sheng Siong to ‘buy’ on ‘attractive industry dynamics and reasonable valuation’
Sheng Siong’s new stores are also well-positioned to support a steady revenue and earnings growth. The group has opened one new store year-to-date (ytd) and is expected to open at least two new stores ...
Live news: Two former Wirecard executives sentenced to prison in Singapore
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Singapore is most expensive city for high net worth individuals to live well: Julius Baer report
SINGAPORE has, for the first time, risen to become the most expensive city for high net worth individuals (HNWIs) to live well, said a report by Swiss private bank Julius Baer on Tuesday (Jun 20).
Dyson doubles down on Singapore and ramps up hiring globally
Dyson's £2.75 billion global investment includes a slate of new generation of products and a giant battery plant in Singapore.
Singapore takes top spot as Asia is the world’s most expensive region according to spending patterns of the super-rich: report
The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...
Two former execs get Singapore jail terms in first conviction for Wirecard case
TWO individuals have been sentenced to jail in the first Wirecard-related conviction in Singapore and globally. They pled guilty to charges for their role in the scandal. James Aga Wardhana, who was ...
Duo jailed for helping finance vice-president embezzle funds in first Wirecard conviction
The alleged mastermind, Wirecard Asia vice-president of controlling and international finance Edo Kurniawan, escaped Singapore before he could be apprehended. He is at large, with an Interpol red ...
Two Ex-Wirecard Asia Employees in Singapore Sentenced to Jail
Two former employees of Wirecard Asia Holdings Pte were handed prison terms in Singapore for their roles in conspiring to misappropriate money.
Singapore’s Grab Plans Biggest Round of Job Cuts Since Pandemic
Grab Holdings Ltd. is preparing its biggest round of layoffs since the pandemic, as the internet company faces stiffening competition in ride-hailing and meal delivery across Southeast Asia.
Singapore’s Grab plans biggest round of job cuts since pandemic – Bloomberg News
Singapore-based Grab Holdings is preparing its biggest round of layoffs since the pandemic, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Singapore Airlines’ fortunes are soaring. And Hong Kong’s Cathay Pacific?
Singapore’s flag carrier has now hit a market value of US$17 billion – almost three times that of Cathay’s. Four years ago the difference was only about US$2 billion.
Coldplay Breaks Record for Most Tickets Sold in Singapore
British rock band Coldplay will play for six nights in Singapore in January after breaking the record for the most tickets sold in a day in the city-state.
Asia is the most expensive region in the world according to spending patterns of the super-rich; Singapore takes top spot, report shows
The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...