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Posted on 19/11/2024

Bangladesh tycoon says Singapore citizenship is a shield against central bank ‘intimidation’

Mohammed Saiful Alam considers international arbitration over accusations he siphoned money out of banking sector ...

Posted on 19/11/2024

Marina Bay Sands Eyes Singapore’s Largest Loan of $9 billion

Marina Bay Sands is seeking a loan of around S$12 billion ($9 billion), in what would be the largest financing from Singapore, as the company looks to fund the planned expansion of its casino resort ...

Posted on 19/11/2024

HSBC asks hundreds of managers to reapply for jobs in bank revamp, sources say

SINGAPORE/LONDON – HSBC Holdings has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking (CIB) division as chief executive Georges Elhedery ...

Posted on 19/11/2024

Assets worth S$1.85 billion surrendered by 15 fugitives in Singapore’s largest money laundering case

Assets worth S$1.85 billion have been surrendered by 15 fugitives in Singapore’s largest money laundering case, bringing total recovered assets to S$2.8 billion. The individuals agreed to surrender ...

Posted on 19/11/2024

Singapore shares rise at Tuesday’s open; STI up 0.3%

SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19). As at 9.02 am, the Straits Times Index (STI) rose 12.35 points or 0.3 per cent to 3,744.9. Across the broader market, gainers ...

Posted on 19/11/2024

Singapore closes cases against 15 in billion-dollar laundering scandal after S$1.85b in assets surrendered

SINGAPORE, Nov 19 — Fifteen foreigners implicated in Singapore’s S$3 billion (RM10 billion) money laundering case have surrendered assets worth S$1.85 billion) to the state, the Singapore Police Force ...

Posted on 19/11/2024

Singapore Tenants May Have the Upper Hand in 2025

Previously, he worked for Reuters, the Straits Times and Bloomberg News. Singapore’s red-hot leasing market for private housing finally began to cool this year as supply of new apartments got the ...

Posted on 19/11/2024

Singapore Hin Leong founder O.K. Lim sentenced to 17-1/2 years in jail, media reports

The founder of collapsed Singaporean oil trading firm Hin Leong Trading Pte Ltd was sentenced to 17-1/2 years in prison on Monday for cheating global bank HSBC and abetting forgery, local media ...

Posted on 19/11/2024

Singapore cyber defenders fight simulated attacks on AI-enabled systems in 4-day exercise

More than 200 participants from SAF, government agencies and private organisations took part in Cidex. Read more at straitstimes.com.

Posted on 19/11/2024

NTPC Green Energy IPO GMP: What grey market premium signals as issue opens on Tuesday, November 19 – 10 key things to know

The initial public offering of NTPC Green Energy, the renewable energy arm of PSU NTPC, will open for public subscription today (Tuesday), November 19. As the issue opens Tuesday, the shares of the ...

Posted on 19/11/2024

NTPC Green Energy IPO: Anchor Investors Buy Shares Worth Rs 3,960 Crore

NTPC Green Energy Ltd. allocated 36.66 crore shares to 107 anchor investors at Rs 108 each, including LIC, which secured a Rs 500 crore stake. The IPO aims to raise Rs 10,000 crore via a fresh issue.

Posted on 19/11/2024

Cash Management Accounts in Singapore: StashAway, Syfe, Endowus, Mari Invest, and More

We all know that stashing your savings away in a run-of-the-mill POSB savings account is a waste due to dismal interest rates. High-interest savings accounts (like the UOB One, DBS ...

Posted on 19/11/2024

Tencent and Visa Partner to Launch Palm Payment Technology in Singapore

Tencent and Visa launch palm recognition payment system in Singapore, partnering with major banks to revolutionize transaction security and convenience.

Posted on 19/11/2024

Singapore may miss 2024 key exports forecast as October disappoints with 4.6% drop

Electronic exports increased 2.6 per cent year on year in October, a rebound from the 0.7 per cent decline in the previous month. Integrated circuits – also known as chips or semiconductors – which ...

Posted on 19/11/2024

Singapore’s NODX dips 4.6% in Oct due to fall in non-electronics exports

Singapore's October non-oil domestic exports declined by 4.6% on-year -- dragged mainly by non-electronic shipments. Exports have shown volatility this year. They rebounded from mid-year declines to ...

Posted on 19/11/2024

Tsutomu Ogura focuses on positives after Singapore suffer shock loss in final ASEAN Championship warmup

Just four days ago, even though it arrived in unconvincing circumstances, Tsutomu Ogura was still able to savour the high of a first win since taking over as Singapore coach in February. On Monday, he would have known in no certain terms that he was back on earth as the Lions' final warmup match before ...

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