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Posted on 11/12/2024

Former bank employee implicated in $3b money laundering saga to plead guilty

A former banking relationship manager, who allegedly facilitated offences contributing to Singapore’s largest money laundering case, will plead guilty to 10 charges, including money laundering and ...

Posted on 11/12/2024

Identity thief sabotages Singapore couple’s Tokyo DisneySea trip by blocking their bank cards

JAPAN: A recent holiday to Japan became a financial nightmare for Singaporean Melvin Chan and his wife when their bank accounts were locked, and their credit cards were cancelled by identity thieves.

Posted on 11/12/2024

10 Best Savings Accounts in Singapore with the Highest Interest Rates (Dec 2024)

Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...

Posted on 11/12/2024

Singapore’s economy soars with 5.4% GDP growth, powered by manufacturing surge and booming electronics

The standout performer was the domestic electronics industry, which surged by 17% YoY, helping to bolster overall manufacturing output. This growth highlights Singapore’s role as a key player in the ...

Posted on 11/12/2024

Singapore’s urban rejuvenation schemes should be extended but fine-tuning needed: Experts

The two schemes give developers and building owners incentives to undertake rejuvenation projects. Read more at straitstimes.com.

Posted on 11/12/2024

Singapore emerges as top destination relocation in SEA

The city-state ranks 8th globally. Singapore has stood out as the most desired market for relocation in Southeast Asia (SEA), according to a SEEK report. The report found that 30% of Malaysians prefer ...

Posted on 11/12/2024

Singapore property tycoons set up family office in Abu Dhabi, eyeing Middle East expansion

We chose Abu Dhabi because it offers a strategic location and an internationally recognized legal framework,” they said ...

Posted on 11/12/2024

Vishal Mega Mart IPO Opens: Price, GMP, Subscription Status, Allotment Details; Should You Apply Or Avoid?

Vishal Mega Mart IPO has finally opened on. Ahead of the IPO, the company garnered up to Rs 2,400 from anchor investors on December 10. The latest GMP signals at double-digit premium listing on BSE ...

Posted on 11/12/2024

Singapore economists see growth of 3.6% in 2024, monetary policy unchanged in January

Singapore's economy will grow 3.6% this year, up from a previous forecast of 2.6% expansion, while monetary policy settings are expected to remain unchanged at an upcoming review in January, a survey ...

Posted on 11/12/2024

Singapore economy to grow 3.6% in 2024, monetary policy unchanged in Jan, survey shows

Economists have upgraded their outlook for Singapore's economic growth in 2024 to 3.6% expansion, with a majority expecting monetary policy settings to be unchanged in an upcoming review in January, a ...

Posted on 11/12/2024

Crypto.com Taps Deutsche Bank for Corporate Banking Services in Key APAC Markets

Crypto.com has partnered with Deutsche Bank to enhance its corporate banking capabilities across Singapore, Australia, and Hong Kong.

Posted on 11/12/2024

Maybank keeps Sembcorp at ‘buy’ with higher TP following agreement to import renewable energy from Malaysia

This comes on the back of Sembcorp agreeing to import 50MW of renewable energy from Tenaga of Malaysia to Singapore issued with Renewable Energy Certificates (RECs) using existing infrastructure. The ...

Posted on 11/12/2024

Economists Raise Singapore’s 2024 Growth Forecast, Central Bank Survey Shows

Experts surveyed by Singapore’s central bank have raised their 2024 economic growth forecast for the city-state, coming after third-quarter data showed the economy expanded at the fastest in nearly ...

Posted on 11/12/2024

Economists see Singapore economy slowing to 2.6% in 2025 from 3.6% in 2024: MAS survey

Geopolitical tensions, including from higher tariffs, jumps to top downside risks to Singapore’s economy. Read more at straitstimes.com.

Posted on 11/12/2024

Charge+ acquires 140 EV chargers from 3 companies ceasing commercial charging services in Singapore

Charge+ has acquired 140 public and shared EV chargers from three other companies in Singapore that have ceased offering commercial charging services. Read more at The Business Times.

Posted on 11/12/2024

Singapore GDP growth forecasted to ease to 2.4% in 2025

Manufacturing sector is anticipated to remain a key driver of economic growth. Singapore’s GDP growth for 2025 is expected to moderate to 2.4%, down from an estimated 3.0% in 2024, CGS International ...

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