Short on time to catch up on the news, but want to stay informed about what’s happening in Singapore? We’ve got you covered. Our team has sifted through the overwhelming flow of news stories, press ...
Former UOB employee who cheated victims of over S$1 million gets 14-year prohibition orders
Loh Sheng Yang defrauded a total of 17 victims by inducing them to sign up for fictitious UOB fixed and structured deposit products, according to MAS.
Blockchain-based firm backed by Temasek and DBS secures new funding in Series B
Deutsche Bank has joined Partior's Series B funding round as a strategic investor. Read more at straitstimes.com.
DBS inks MOU with Japan partner to help Japanese SMEs expand into Singapore, key Asian markets
JAPANESE small and medium-sized enterprises (SMEs) can now receive financing support to expand into key Asian markets including Singapore, under a new partnership by DBS and Japan Financial ...
Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on crude imports from the two ...
Pharma giant Sanofi opens $595 million vaccine facility in Singapore to prepare for potential pandemics
The Singapore facility is part of Sanofi's 900 million euro investment to develop two new EVFs globally over five years. The other facility will be in Neuville-sur-Saône, France. SINGAPORE — French ...
Pharma giant Sanofi opens $595 million vaccine facility in Singapore to boost preparedness for potential pandemics
The Singapore facility is part of Sanofi's 900 million euro investment to develop two new EVFs globally over five years. The other facility will be in Neuville-sur-Saône, France. SINGAPORE — French ...
Companies’ debt levels in Singapore low, banks and insurers can withstand shocks: MAS
Business costs and earnings are expected to improve, which would ease pressures on firms. Read more at straitstimes.com.
MAS highlights resilience of Singapore households despite global uncertainties
The Monetary Authority of Singapore (MAS) notes strong household financial health, underpinned by easing mortgage rates and income stability. The regulator, in its Financial Stability Review 2024, ... ( read original story ...)
Singapore households should remain prudent amid global risks: MAS
Households have strong financial buffers but should be careful given the heightened geopolitical uncertainties and trade tensions, MAS said in its annual financial stability review. ( read original story ...)
Financial institutions, companies in Singapore have enough buffer to weather shocks: MAS
COMPANIES and financial institutions in Singapore have enough buffers to manage shocks to their incomes and financing costs as their strong balance sheets can help them cope with higher borrowing ... ( read original story ...)
SMU and DBS Offer New Course to Equip Leaders for Sustainable Finance Challenges
Singapore Management University ( SMU) and DBS have partnered to launch the “Sustainable Finance in Action” course. This new programme designed to equip senior executives with the knowledge and skills ...
MGen’s PacificLight allots $900 million, to bid for 600-MW Singapore plant
PacificLight Power Pte. Ltd., controlled by Meralco PowerGen Corp. (MGen), plans to spend around $900 million to double its capacity, aiming to be a leading energy supplier here in the island country.
S$1.5b nickel investment fraud case: Man lived lavishly on gains from scheme he masterminded, prosecution says
(Photo: Reuters/Edgar Su) SINGAPORE: Alleged fraudster Ng Yu Zhi "lived lavishly" on the criminal proceeds from the S$1.5 billion (US$1.1 billion) nickel investment scheme he masterminded, prosecutors ...
Singapore Shares: Support Expected At 3,700 Points
The Singapore stock market has moved lower in back-to-back sessions, dropping almost 35 points or 0.9 percent along the way. The ...
Singapore Trader Pleads Not Guilty to $1.1 Billion Fraud
An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community pleaded not guilty on Tuesday to 42 charges including fraud and money laundering.Prosecutors ...