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Posted on 18/11/2024

A Singapore oil magnate faces prison in a major fraud case over financing trade

A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub ...

Posted on 18/11/2024

Singapore and Japan working together on runway safety plan after accident at Tokyo’s Haneda Airport

SINGAPORE (The Straits Times/ANN): The civil aviation agencies of Japan and Singapore are teaming up to roll out a plan to improve runway safety comprehensively, after a fatal collision at Tokyo’s Haneda Airport in January. The Civil Aviation Authority ...

Posted on 18/11/2024

Daily Cuts – Why Singapore’s key exports fell worse than expected in October

Singapore Today's Lance Alexander and Daniel Martin speak with Yeap Jun Rong, Market Strategist, IG Asia, about why Singapore's key exports fell worse than expected year on year in October.

Posted on 18/11/2024

Frasers Property and Sekisui House to redevelop Robertson Walk into 348 luxury homes

The company described the development as a “luxury 348-unit residential enclave with an exciting mix of dining and entertainment options.” ... ( read original story ...)

Posted on 18/11/2024

17.5 years jail for OK Lim in one of Singapore’s ‘most serious cases of trade financing fraud’

The tycoon will appeal against the sentence, and his lawyer says that his $4 million bail has also been extended ...

Posted on 18/11/2024

Singapore’s Crypto Gateway: OKX Teams Up with Banking Giant DBS

OKX launches instant Singapore dollar transfers through DBS Bank using PayNow and FAST payment systems, coinciding with Bitcoin's rise above $90,000 and the exchange's recent regulatory approval in ...

Posted on 18/11/2024

Singapore oil trader sentenced to 17 years for ‘cheating’ HSBC over $112mn

Lim was originally charged in 2020 after confessing to hiding $800mn in losses from creditors — including HSBC and Singapore’s biggest lender DBS — and directing the company’s finance department not ...

Posted on 18/11/2024

Singapore stocks fall after Wall Street sell-off; STI down 0.3%

SINGAPORE - Equities in Singapore ended their three-day winning streak to finish Nov 18 lower, after a sell-off on Wall Street on Nov 15 as investors turned cautious amid inflation worries under a ...

Posted on 18/11/2024

How did Singapore’s richest man grow his wealth?

Eduardo Saverin, the richest man in Singapore with a net worth of US$30.4 billion, co-founded Facebook - now internet giant Meta Platforms - and invested in several successful startups.

Posted on 18/11/2024

Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud

The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious ...

Posted on 18/11/2024

Singapore oil tycoon OK Lim sentenced to nearly 18 years for cheating HSBC out of millions of dollars

The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious ...

Posted on 18/11/2024

Former Singapore oil tycoon O.K. Lim gets 17½ years’ jail for cheating, forgery

SINGAPORE: Hin Leong founder Lim Oon Kuin was sentenced on Nov 18 to 17 years and six months jail for three charges of cheating and forgery in what prosecutors described as “one of the most serious ...

Posted on 18/11/2024

Singapore Writers Festival 2024: Stories hold power to open spaces for alternative voices

Two panels, one centring on women and the other on indigenous culture in Singapore, found unexpected common ground. Read more at straitstimes.com.

Posted on 18/11/2024

Singapore sentences O.K. Lim to over 17 years in prison

The Hing Leong founder, real name Lim Oon Kuin, was earlier convicted of two charges of cheating HSBC and one count of abetting forgery.

Posted on 18/11/2024

Crypto Exchange OKX Launches Singapore Dollar Funds Transfer Service for Local Customers

Crypto Exchange OKX Launches Singapore Dollar Funds Transfer Service for Local Customers SINGAPORE (Reuters) - Cryptocurrency exchange OKX said on Monday it would offer instant Singapore ...

Posted on 18/11/2024

Singapore’s Momo Film Co, Taiwan’s Aview Images Team on New Features from Nelson Yeo, Daniel Hui (EXCLUSIVE)

Taiwan production house Aview Images has struck a partnership with Singapore's Momo Film Co to co-produce features from Nelson Yeo and Daniel Hui.

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