As interest rates decline in the coming year, investors will need to look at other alternatives if they wish to continue earning good returns ...
Enterprise Singapore Boost Financing For Singaporean Firms Expanding Into Africa
Enterprise Singapore (EnterpriseSG) and the African Export-Import Bank (Afreximbank) have signed an agreement to improve access to financing for Singaporean companies looking to expand into Africa.
IN FOCUS: Love them or hate them, Singapore’s property agents are on the rise – but for how long?
With the emergence of platforms that remove the need for a middleman, the relevance of real estate agents - all 35,000 of them in Singapore - has come under the spotlight.
Singapore Lawmakers Amend Bill to Stop Allianz’s Insurance Deal
Singapore lawmakers passed an amendment to a bill that will effectively block Allianz SE’s proposed S$2.2 billion ($1.7 billion) acquisition of a majority stake in a local insurance firm. Most Read fr ...
Jail for man whose bank accounts received scam proceeds after sharing details with ‘women’ online
Christopher Moh, 66, shared his bank account details despite receiving two warnings from the authorities. Read more at straitstimes.com.
Crypto VC Market ‘Tepid’ as Q3 Investments Declined 20%, Says Galaxy Digital
Allocator interest in crypto VC and venture capital more broadly is down from prior years,” Alex Thorn, head of firmwide research at Galaxy Digital, told CoinDesk, referring ...
EU regulator ESMA calls for stronger cybersecurity measures in crypto’s MiCA
The European Securities and Markets Authority (ESMA) has called for stricter cybersecurity measures under the EU’s Markets in Crypto-Assets Regulation (MiCA).
MPs raise questions over communication, business uncertainty in move to block Allianz-Income deal
These issues and more were raised in a lengthy Parliament debate lasting four hours. Read more at straitstimes.com.
HDFC Bank Opens First Branch in Singapore
HDFC Bank has opened its first branch in Singapore, offering wholesale banking services. The bank also has branches in Hong Kong, Bahrain, Dubai, and GIFT City.
HDFC inaugurates its first branch in Singapore to expand financial services
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Entertainment firm Neon picks banks for Singapore IPO to raise up to S$500 million
Immersive entertainment group Neon has picked financial advisers for its potential initial public offering in Singapore, according to people with knowledge of the matter. Read more at The Business ...
Husband and wife live-streamers peddling branded goods on FB fined total of $849k for GST evasion
A married Singaporean couple were fined a total of $849,000 on Oct 15 for fraudulent evasion of goods and services tax (GST) through suppressing values of the imported goods and omitting freight ...
China emerges as India’s top import source
China is now India's top import source with USD 56.29 billion in shipments from April to September this fiscal. The US is the leading export destination, with goods worth USD 40.38 billion. Imports ...
China emerges as India’s top import source during Apr-Sep 2024: Commerce min data
China has emerged as India's top import source with $ 56.29 billion worth of inbound shipments during the April-September period of this fiscal, according to the commerce ministry data. During the ...
Singapore oil tycoon OK Lim faces 20-year sentence for fraud
Singapore oil tycoon Lim Oon Kuin is facing 20 years in prison for deceiving lender HSBC in one of Singapore’s biggest trading scandals in the energy sector.
Daily Cuts – End of an era: Fine dining in Singapore meets its demise
As an increasing number of fine dining restaurants in Singapore shut for good, Andrea Heng and Hairianto Diman speak to Annette Tan, food writer, to examine the factors that led to their demise and ask an industry observer what the future holds for the city’s F&B landscape.