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Posted on 25/02/2023

Singapore’s Temasek, other institutions sued for allegedly aiding and abetting FTX fraud

Singapore's top investment company Temasek has been named in a class action lawsuit filed in Miami, Florida, as one of 18 defendants that allegedly conspired with troubled cryptocurrency exchange FTX ...

Posted on 25/02/2023

IN FOCUS: Snuffing out smoking – Is this the last mile in Singapore’s fight against tobacco?

Do tax hikes deter smoking and will banning future generations from smoking help to eradicate smoking in Singapore? CNA asks experts how Singapore can become a smoke-free nation.

Posted on 25/02/2023

Singapore Air Force to add eight more F-35B jets to its arsenal; jet considered the world’s most modern fighter jet

The decision to add eight more F-35B Joint Strike Fighters to the Republic of Singapore Air Force (RSAF) comes at an opportune time when the order pipeline has matured, bringing costs down, the ...

Posted on 25/02/2023

Top Stock Market Highlights: SATS, ARA US Hospitality Trust, Nanofilm Technologies and Singapore’s Inflation

Welcome to the latest edition of top stock market highlights. Investors have been waiting with ... issue while the remainder will be underwritten by five banks which include Singapore’s three local ...

Posted on 25/02/2023

Singapore Silat Federation lodges police report against finance director over alleged salary irregularities

The Singapore Silat Federation (SSF) has suspended its finance director and lodged a police report against him on Feb. 23. In a Feb. 25 statement, the SSF said that it had recently "been made aware of ...

Posted on 25/02/2023

Police report lodged against Singapore Silat Federation finance director after alleged salary irregularities uncovered

SINGAPORE: A police report has been filed against the finance director of the Singapore Silat Federation (SSF) after irregularities relating to salary payments to some of the coaches under the sports ...

Posted on 25/02/2023

OCBC sees 34% rise in Q4 profit, driven by higher interest rates even as fee income falls

SINGAPORE – OCBC Bank rounded up fourth-quarter results for local banks on Friday, staying cautiously optimistic on its outlook, with global interest rates likely to peak in the second half of this ...

Posted on 25/02/2023

Hong Kong innovation: a peek into John Lee’s secret weapon to outrace Shenzhen and Singapore in technology development

Hong Kong's incubator aims to grow from 1,200 to 6,000 start-ups within a decade, dispelling the myth that the city is an innovation desert 'We need to attract global and local talent, attract global ...

Posted on 25/02/2023

Minister: Singapore to buy eight more F-35B fighter aircraft; FY23’s defence budget to rise by 5.6pc

After agreeing to buy the initial four F-35B aircraft, it gave personnel from the Republic of Singapore Air Force (RSAF) and the Defence Science and Technology Agency (DSTA) users-only access to ...

Posted on 25/02/2023

Is it already ‘game over’ in the metaverse for Bondee, Singapore’s avatar-based app?

After garnering two million downloads within two weeks of its launch, Bondee's Gen Z users have got past the novelty factor Bondee's is a story of social media hype punctured by a sharp truth that the ...

Posted on 25/02/2023

Rich investors’ reluctance to trade a blow to Singapore banks

Asia millionaires’ reduced risk appetite is hitting Singapore banks at a time when they are welcoming more funds than ever from the wealthy.

Posted on 25/02/2023

Long-term investments in defence a cost-effective strategy: Ng Eng Hen | Video

Defence Minister Ng Eng Hen spoke on Friday (Feb 24) about Singapore's "prudent" and "cost-effective" defence spending strategy. With defence spending set to rise, it's not only about the dollars and ...

Posted on 25/02/2023

Evercore Awarded Best M&A Adviser in Singapore for the Sixth Time in The Asset’s Triple A Country Awards 2022

Evercore (NYSE: EVR), the leading global independent investment banking advisory firm, was once again presented the "Best M&A Adviser in Singapore" award by The Asset magazine at its 2022 Triple A ...

Posted on 25/02/2023

Snuffing out smoking – Is this the last mile in Singapore’s fight against tobacco?

Do tax hikes deter smoking and will banning future generations from smoking help to eradicate smoking in Singapore? CNA asks experts how Singapore can become a smoke-free nation.

Posted on 25/02/2023

Two major crypto exchanges failed to block sanctioned Russians

Two of the world’s largest crypto exchanges failed to take steps to prevent sanctioned Russian banks from using their platforms, according to a report from the blockchain analytics firm Inca Digital ...

Posted on 25/02/2023

Change lies ahead for haphazard crypto regulation

Regulators have been slow to act on cryptocurrency, and they’ve often missed the mark. Hopefully, their approach will evolve in the years ahead.

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