SINGAPORE: OCBC Bank on Tuesday (May 30) announced it has included QR code payments as part of its OCBC Pay Anyone app, which allows consumers to use this cashless mode of payment at more than 1,000 merchants from Jun 1. The participating merchants range ... ( read original story ...)
OCBC Bank launches cashless QR code payments with mobile app
SINGAPORE - OCBC Bank has launched its first stand-alone mobile payments app which makes QR code cashless payments available at close to 2,500 Nets terminals, the company said Tuesday. The new stand-alone OCBC Pay Anyone app brings together all OCBC Pay ... ( read original story ...)
Singapore fines Credit Suisse, UOB over 1MDB-linked dealings, wraps up review
SINGAPORE/ZURICH Singapore's central bank has fined Credit Suisse and United Overseas Bank (UOB) a total of S$1.6 million ($1.2 million) for breaching anti-money laundering rules in transactions related to Malaysia's scandal-ridden state fund 1MDB. ( read original story ...)
Singapore Press : Consumer Electronics Exhibition to launch new products and tech gadget deals
Singapore, 29 May 2017 -The Consumer Electronics Exhibition (CEE), Exhibit Inc's biggest consumer exhibition is here again! From1 -4 June, visitors can expect new product launches and exclusive tech gadget deals with discounts of up to 90%. To be held at ... ( read original story ...)
Completed condo prices dip 0.6% in April: NUS index
View of high-rise apartments in Singapore. Prices of completed private non-landed residential properties fell 0.6 percent in April 2017, compared to a 0.8 percent rise in the month before, according to latest flash estimates of the NUS Singapore ... ( read original story ...)
Trillion Global invests S$67mil in Thailand condominium project
The Singapore real estate investment firm also invested an additional 760 million baht in a luxury condominium project by Singha Estate – THE ESSE at SINGHA COMPLEX. (Artist’s Impression: Singha Estate) As a stamp of approval to Thailand’s property ... ( read original story ...)
Singapore’s central bank fines Credit Suisse, UOB over 1MDB-linked transactions
SINGAPORE Singapore's central bank said on Tuesday it had fined Credit Suisse (CSGN.S) and United Overseas Bank (UOB) a total of S$1.6 million ($1.15 million) for breaches of anti-money laundering rules for transactions related to Malaysia's scandal-ridden ... ( read original story ...)
HRnetGroup readies for $175m IPO
In Singapore, the group has a market share of 20.5 per cent. Last year, HRnetGroup pulled in $365 million in revenue and achieved a net profit of $41 million. All growth has been organic and the group has turned a profit every year except in 1998. ( read original story ...)
Singapore slaps fines on Credit Suisse and UOB in money laundering probe of Malaysian development fund
Monetary Authority of Singapore said it has fined Credit Suisse and United Overseas Bank for 1MDB-related lapses. The central bank said it completed its two-year investigation into 1MDB fund flows, which saw it shut down and fined several financial ... ( read original story ...)
Singapore’s MAS completes 2yr review of banks in 1MDB deals
KUALA LUMPUR: The Monetary Authority of Singapore (MAS) has completed its two-year review of banks involved in 1MDB-related transactions known to-date. The regulator announced on Tuesday that it had imposed financial penalties on Credit Suisse and United ... ( read original story ...)
F-16s from Singapore, French A400Ms, U.S. F-16s taking part in Canadian exercise
Exercise MAPLE FLAG, the Royal Canadian Air Force’s largest and most complex international training event of the year, started May 29. It runs until June 23. Exercise MAPLE FLAG will bring together nearly 1600 Canadian Armed Forces personnel in ... ( read original story ...)
Singapore’s central bank ends 1MDB review, penalizes Credit Suisse, UOB
Malaysia's 1MDB, once a pet project of Prime Minister Najib Razak who chaired its advisory board, is the subject of money-laundering investigations in at least six countries including Switzerland, Singapore, and the United States. The Monetary Authority of ... ( read original story ...)
Singapore Morning News For May 30
Cambodia’s customs department counted less than 1 percent of the sand Singapore reported importing from Cambodia last year, according to trade statistics. Singapore’s central bank said on Tuesday that it has imposed financial penalties on Credit Suisse ... ( read original story ...)
Singapore Fines Credit Suisse, UOB After 1MDB-Linked Probe
Singapore fined Credit Suisse Group AG and United Overseas Bank Ltd. a total of S$1.6 million (S$1.2 million) after a two-year regulatory review of banks involved in fund flows linked to 1Malaysia Development Bhd., or 1MDB. Credit Suisse was fined S$ ... ( read original story ...)
Singapore government donates $138,490 to support Sri Lanka disaster relief
The Singapore government will make a US$100,000 (S$138,490) contribution to support disaster relief efforts in Sri Lanka following the loss of lives and destruction caused by heavy flooding and landslides across the country. The contribution was revealed ... ( read original story ...)
Singapore emerges as second largest trader of shark fin in the world
In a report released by wildlife trade monitoring group, TRAFFIC, it has been revealed that Singapore is now the second largest trader of shark fin. Hong Kong tops the list in terms of revenue, according to findings done in 2012-2013. The same report also ... ( read original story ...)