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Posted on 15/10/2024

OCBC, Disney to begin five-year collaboration in Singapore, Malaysia, Indonesia

OCBC and Disney have announced a five-year strategic collaboration across three of the Singapore bank’s five core markets – Singapore, Malaysia and Indonesia. Read more at The Business Times.

Posted on 15/10/2024

Singapore seeks to jail former oil tycoon OK Lim for 20 years for cheating HSBC

SINGAPORE: Singapore’s former oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in a trading scandal that will go into the history books as one of the biggest in the ...

Posted on 15/10/2024

Singapore stocks rose on Tuesday—STI climbed 0.6%

SINGAPORE: Singapore stocks rose on Tuesday, Oct 15, following gains in overseas markets the night before. The Straits Times Index (STI) climbed 0.6%, gaining 22.58 points to reach 3,618.49 by 9:01 am ...

Posted on 15/10/2024

Singapore eyes 15% top-up tax on MNEs to prevent foreign tax losses

The MTT will apply to Singapore-based large multinational enterprises (MNEs) that hold entities in lower-tax foreign jurisdictions. These companies must pay a top-up tax if their entities have an ...

Posted on 15/10/2024

$43M deepfake crypto romance scam leads to arrests of Hong Kong university graduates

Hong Kong authorities have identified a fraud syndicate that used deepfake technology to run a $43 million cryptocurrency romance scam. The operation resulted in the arrest of 27 individuals, ...

Posted on 15/10/2024

Singapore SMEs continued to expand in Q3, except for ICT: OCBC

SINGAPORE - Singapore’s small and medium-sized enterprises (SMEs) extended their growth momentum for a second consecutive quarter, according to the latest OCBC SME Index released on Oct 15.

Posted on 15/10/2024

Dyson layoffs: Singapore needs to find balance between protecting workers, business flexibility, says MOM

In some other countries, unions and employers have a more confrontational relationship, and that makes a country less attractive for companies to invest in, said Senior Minister of State for Manpower ...

Posted on 15/10/2024

Son of Singapore’s Founding PM Lee Says Plans to Demolish Family Home

SINGAPORE (Reuters) - The youngest child of Singapore's founding Prime Minister Lee Kuan Yew said on Tuesday he would apply to demolish the statesman's home in line with his wishes, following the ...

Posted on 15/10/2024

Singapore Seeks to Jail OK Lim for 20 Years for Cheating HSBC

Singapore’s former oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in a trading scandal that will go into the history books as one of the biggest in the global energy ...

Posted on 15/10/2024

Sunway bolsters presence in Singapore with latest land buy

Sunway Bhd’s latest acquisition will beef up its presence in the Singapore property market after it secured another piece of land in the city-state. ( read original story ...)

Posted on 15/10/2024

AGC seeks 20 years for OK Lim’s jail term, defence asks for 7 years

LIM Oon Kuin, founder of liquidated oil trader Hin Leong Trading, could be staring at a jail term of 20 years for his three cheating and forgery charges, if prosecution succeeds in persuading the ...

Posted on 15/10/2024

Prosecutors seek 20 years’ jail for Hin Leong oil tycoon OK Lim, 82

Lim Oon Kuin, once lauded as a successful businessman in Singapore's oil trading industry, was plunged into legal troubles after the sudden collapse of Hin Leong Trading in 2020 amid fraud allegations ...

Posted on 15/10/2024

Singapore SMEs extend expansionary momentum in Q3, buoyed by broad-based growth: OCBC

SINGAPORE’S small and medium-sized enterprises (SMEs) extended their growth momentum for a second consecutive quarter in Q3, according to the latest OCBC SME Index released on Tuesday (Oct 15). Read ...

Posted on 15/10/2024

India less export-oriented, would be relatively unaffected by potential US tariff hikes: Fitch

Fitch said higher trade barriers in the wake of the US elections could pose additional challenges for issuers across multiple credit sectors in Asia-Pacific (APAC).

Posted on 15/10/2024

Chevron Singapore gives customers a smarter, more rewarding way to refuel with the launch of the refreshed CaltexGO mobile app

Chevron Singapore, which operates the retail brand Caltex, has announced the launch of the refreshed CaltexGO mobile app, designed to enhance customer convenience and ...

Posted on 15/10/2024

Rainfall recorded over western Singapore on Oct 14 among the highest in over 40 years

The amount corresponds to 80 per cent of Singapore’s average monthly rainfall in October. Read more at straitstimes.com.

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