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Posted on 17/11/2022

Singapore Firm Weighs $146 Million IPO, Ending Listing Drought

Legend Logistics Ltd. is exploring an initial public offering in Singapore to raise as much as S$200 million ($146 million), according to people with knowledge of the matter, in what would be the ...

Posted on 17/11/2022

Indian National Bhambri Kunal Jailed In Singapore For ‘illegally Withdrawing Fraud Money’

A 26-yr-old Indian citizen, Bhambri Kunal was sentenced to 9 weeks in prison in Singapore after he pleaded guilty to three charges for withdrawing fraud money ...

Posted on 17/11/2022

Singapore’s deputy PM: FTX case has ‘very serious allegations’ that amount to potential fraud

The collapse of crypto exchange FTX has "very serious allegations that amount to potential fraud", Singapore's finance minister and deputy prime minister said on Thursday. Lawrence Wong said recent ...

Posted on 17/11/2022

Singapore-China green finance agreement signals regional trend

A set of new sustainable development initiatives is establishing Singapore as a green finance hub and hints at Beijing’s intentions in the region.

Posted on 17/11/2022

HSBC eyes ‘substantial’ expansion plans from its new Singapore headquarters

The bank’s new office measures more than 140,000 square feet with a 4,000-strong local workforce. It aims to double its wealth business in Singapore by 2025.

Posted on 17/11/2022

OCBC slashes Sats’ target price by about 30% as rights issue an ‘overhang’

Long term investors may stay invested in Sats, but Chu warns that a rights issue could weigh on its near-term share price.

Posted on 17/11/2022

Singapore’s Wong Says Xi-Biden Meet Is a Start of a Long Journey

Singapore’s prime minister-in-waiting said that the meeting between US President Joe Biden and Chinese counterpart Xi Jinping was “a good start,” but that the fundamentals between the competing ...

Posted on 17/11/2022

Singapore writes down $275 million in FTX, calls belief in Sam Bankman-Fried ‘misplaced’

Singapore has become the latest backer of crypto exchange FTX to admit being burned by its spectacular collapse.

Posted on 17/11/2022

Four Husbands in Singapore Sentenced for Drugging Their Wives, Having Each Other Rape Them to Fulfil Sick Fantasies

The husbands met each other on an online forum where they discussed having their wives raped and impregnated by other men.

Posted on 17/11/2022

Singapore’s Temasek Writes Off $275 Million Investment In Failed FTX Crypto Exchange

Singapore state-owned investment firm Temasek said Thursday it has decided to write off its $275 million investment FTX, nearly a week after the cryptocurrency exchange filed for bankruptcy.

Posted on 17/11/2022

Indian national jailed in Singapore for bank fraud

An Indian national has been jailed in Singapore for nine weeks after he committed fraud involving more than S$26,000 that was traced to three fraud victims ...

Posted on 17/11/2022

Indian National Jailed In Singapore For Withdrawing SGD 26,000 Fraud Money

A 26-year-old Indian national, who first came to Singapore in 2018 to study, was jailed for nine weeks after he pleaded guilty to three counts of dealing with the benefits of criminal conduct, ...

Posted on 17/11/2022

OCBC Securities accelerates digitalisation efforts with refreshed iOCBC platform

Leading local brokerage firm OCBC Securities is highly aware of this and is rolling out a single app for users to do all their investing and banking needs. As part of its continual efforts to keep its ...

Posted on 17/11/2022

Singapore’s exports fall 5.6% in October; first decline in nearly 2 years

SINGAPORE: Singapore’s non-oil domestic exports (NODX) fell by 5.6 per cent in October from a high base a year ago, the first time exports have declined in nearly two years. The last time export ...

Posted on 17/11/2022

Manhattan Associates Makes Top 10 in the 2022 Singapore Best Workplaces in Technology List

Manhattan Associates has been ranked number nine by Singapore's Best Workplaces™ in Technology list. In total 33 workplaces over four different categories, micro, small, media and large, have been ...

Posted on 17/11/2022

Microsoft ‘ecosystem’ to create 86,000 jobs in Singapore by 2026 as skills, sustainability initiatives launched

SINGAPORE: More than 86,000 new jobs will be created by Microsoft, its ecosystem of partners and customers in Singapore by 2026, of which more than 50,000 will be skilled IT jobs. Microsoft announced ...

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