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Posted on 02/03/2023

Singapore Monitors Short-Sellers After Adani-Hindenburg Saga

Singapore will closely examine short-seller reports and the companies’ response if there are cases similar to the explosive allegations made against the Adani Group, Senior Minister Tharman ...

Posted on 02/03/2023

Christopher Forbes appointed Head of CMC Markets Singapore Invest

At CMC Invest Singapore, customers will not be charged any platform, settlement, or custody charges and will be shown the FX spread, a feature commonly kept opaque by online brokers.

Posted on 02/03/2023

1MDB trial: Ex-bank officer admits to around US$6mil in ‘secret profits’

A former bank officer with Singapore's BSI Bank told the High Court that he made close to US$6mil (RM27mil) in "secret profits" for carrying out transactions for 1Malaysia Development Bhd (1MDB) and ... ( read original story ...)

Posted on 02/03/2023

Golf: Szokol shakes off injury woes to seize first round lead at HSBC Women’s World C’ship

Elizabeth Szokol was diagnosed with a herniated disc back injury which ruled her out for five months. She played in only 13 events that year and to No. 150 in the world rankings. If not for a medical ...

Posted on 02/03/2023

Binance unit plans bid for Singapore crypto licence

Binance has earlier faced challenges in Singapore. Its affiliate Binance Asia Services withdrew a local license application in December 2021 without giving a reason beyond "strategic, commercial and d ...

Posted on 02/03/2023

BHIM SBI Pay App: How To Make Money Transfers From India to Singapore; Details

Interested SBI customers can take a look at the features of the BHIM SBI Pay here: You can send money instantly to Singapore via UPI. You can receive money from Singapore instantly by using UPI. You ...

Posted on 02/03/2023

New water recycling requirements for wafer fab, electronics, biomed sectors from 2024

CERTAIN water-intensive industries will face mandatory water recycling requirements from Jan 1, 2024, the Ministry of Sustainability and the Environment’s (MSE) announced during the committee of ...

Posted on 02/03/2023

TikTok bans, Samsung’s green line issue, Singapore’s anti-scam fight and more

Here is a roundup of the tech news that you may have missed this week. Canada is reportedly joining the growing list of western nations that have implemented a ban on the Chinese social media app from ...

Posted on 02/03/2023

Higher investment requirements, minimum local hires for eligible investors to get and renew PR status under revised EDB scheme

SINGAPORE — Individuals looking to apply for permanent residency (PR) under an investment programme will soon be required to invest much higher amounts in Singapore, as part of changes announced on ...

Posted on 02/03/2023

Singapore raises minimum investment sums for ultra-rich seeking permanent resident status

INDIVIDUALS seeking permanent-resident (PR) status via Singapore’s Global Investor Programme (GIP) must soon invest more: at least S$10 million in a business or S$25 million in an approved fund. Those ...

Posted on 02/03/2023

Singapore raises permanent residence threshold for ultra-rich

Singapore is increasing the threshold for global investors seeking permanent-resident status in an attempt to create more jobs and benefits locals due to an influx of wealth. Applicants will need at ...

Posted on 02/03/2023

Binance to revive bid for Singapore crypto permit -Nikkei

Crypto exchange Binance will have its custodial arm apply for a permit to offer cryptocurrency services in Singapore "in due course", Nikkei Asia reported on Thursday, citing executives from the unit.

Posted on 02/03/2023

ITE to offer work-study diploma in agriculture & aquaculture technology from Apr. 2023

The Institute of Technical Education (ITE) is launching a new work-study diploma in agriculture and aquaculture technology in April 2023. This is part of the government's plan to build the manpower ...

Posted on 02/03/2023

Singapore launches $125 million coastal research programme

It will aim to develop innovative, sustainable and smart solutions for Singapore’s urban and land-squeezed environment. Read more at straitstimes.com.

Posted on 02/03/2023

Higher investment quantum among changes to scheme that grants PR status to eligible investors

The changes to the Global Investor Programme (GIP) will help to strengthen support for local start-ups and create more jobs, said the Economic Development Board.

Posted on 02/03/2023

Venture funding for Singapore start-ups weakens in 2022

The data raises concerns over the potential for a further slowdown in venture funding this year. Read more at straitstimes.com.

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