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Posted on 25/03/2025

UOB CEO Wee Ee Cheong’s 2024 pay down 5.5% at S$15 million despite record net profit

[SINGAPORE] UOB chief executive officer Wee Ee Cheong’s annual salary for 2024 dipped, despite the bank reporting a record net profit for the full year. Wee, who is also deputy chairman of the bank, ...

Posted on 25/03/2025

Indonesian business class passenger jailed for exposing himself to Singapore Airlines flight attendant

An Indonesian man has been sentenced to three weeks in jail for exposing himself to a female flight attendant on a Singapore Airlines flight.

Posted on 25/03/2025

Will Lady Gaga’s Singapore Concert Match the Taylor Swift Effect?

Lady Gaga’s return to Singapore is likely to set off a travel surge, with fans scrambling to secure flights, hotels, and concert tickets.

Posted on 25/03/2025

Singapore Law Society VP Resigns, Under Fire For Victim-Blaming In Rape Case; Shanmugam Calls Out ‘Misogyny’

Singaporean advocate and solicitor Chia Boon Teck has resigned today from his position as Vice-President of the Law Society of Singapore after he sparked outrage with a lengthy social media post ...

Posted on 25/03/2025

Company offering service apartments charged with providing illegal short stays in Singapore

SINGAPORE: A company that offers service apartments for rent was charged on Tuesday (Mar 25), along with its deputy CEO and two directors, for allegedly providing illegal short-term stays in Singapore ...

Posted on 25/03/2025

Trump outsources ‘Made-in-America’ investments to Singapore crypto firm

The US president’s Trump Media & Technology Group says it plans to work with Singapore-based Crypto.com on exchange-traded funds.

Posted on 25/03/2025

Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual

SINGAPORE] Around S$500 million in net withdrawals were made by Chocolate Finance’s customers – slashing the firm’s assets under management (AUM) by some 40 per cent – amid a “bank run” over the past ...

Posted on 25/03/2025

Banking scion buys US$70 million mansion, breaking a Singapore record

A Singapore luxury mansion has been purchased at a record price per square foot by a scion of the family which backs one of Malaysia’s largest banks.

Posted on 25/03/2025

HSBC CEO to double down in Asia, Middle East after exits

HSBC Holdings expects to double down on investment banking operations in Asia and the Middle East after exiting key business in Europe and the US, CEO Georges Elhedery said.

Posted on 25/03/2025

StanChart boosts private credit presence with new hires in India

SINGAPORE] Standard Chartered (StanChart) is bolstering its private credit business with three new hires in India, said Henrik Raber, global head of global banking. Read more at The Business Times.

Posted on 25/03/2025

Singapore faces the region’s best in Asian U20 Water Polo Championships

SINGAPORE: Singapore will be competing for regional supremacy as it welcomes Asia’s best young water polo team when it hosts the Asian U20 Water Polo Champion ...

Posted on 25/03/2025

Malaysian owner pledges lower prices, more choices after Singapore Cold Storage, Giant buyout

Macrovalue has pledged to offer lower prices and a greater variety of products to customers in the republic following its S$125 million (RM414 ...

Posted on 25/03/2025

Singapore’s growth requires more land and people

Automation and investment in technology provide a pathway to growth but Singapore’s aging workforce must be retrained to ensure success.

Posted on 25/03/2025

Trader Tied to China’s Copper King Sells Singapore Office Space

A Singapore-based commodities trader linked to troubled Chinese copper tycoon Wang Wenyin has sold the top three floors of a prime office building in the city’s business district for S$91.8 million ...

Posted on 25/03/2025

Cold Storage: From its beginnings in 1900s Singapore to being sold to a Malaysian company in 2025

Cold Storage is set to be acquired by Malaysia's Macrovalue in 2025, marking a significant milestone in its 122-year history.

Posted on 25/03/2025

Most Common Scams in Singapore In 2024 – How Singaporeans Can Protect Themselves

E-commerce scams, job scams, phishing scams and investment scams had the most case reports in 2024. Almost 44% of cases resulted in losses of more than $2,000.

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