SINGAPORE: A group of people worked together on a ruse which led to Maybank being duped into disbursing mortgage loans totalling more than $5.1 million in relation to the sale of two houses.
Standard Chartered shakes up transaction banking leadership team
Standard Chartered announced today, the appointment of Sofia Hammoucha as Global Head of Trade & Working Capital based in Singapore.
UOB: 1 in 4 Singapore Gen Zs lack savings, life insurance, investments, and other financial plans
SINGAPORE: While more Singaporeans are optimistic about the economy than last year, a new survey... The post UOB: 1 in 4 Singapore Gen Zs lack savings, life insurance, investments, and other financial ...
Putien restaurants to absorb GST and waive service charge at all Singapore outlets
The Singapore restaurant chain will permanently absorb the 9 per cent goods & services tax (GST) and waive the 10 per cent service charge across all its outlets from Aug 20.
BYD to self-import luxury brand Denza in Singapore; appoints Sime Darby unit and Harmony Auto as dealers
CHINA automotive giant BYD is bringing its luxury brand Denza to Singapore, and will assume distributorship for this marque itself – in contrast to its approach for its mainstream electric vehicles ...
Jail for Singapore dad who asked 10-year-old daughter for sex act while drunk, showed her obscene videos
A man, 55, was sentenced to 18 months' jail after asking his daughter to stroke his penis while he was intoxicated The victim was 10 years old at the time of the
Singapore issues mpox advisory [August 2024]
Per the Ministry of Health's update on 15 August, the immediate public health risk of the mpox outbreak in Africa to Singapore is assessed to be low.
Marine Parade hawker places record S$10K bid for stall as she believes it’s a worthwhile investment, but other hawkers disagree
SINGAPORE: A hawker has made a bold move that’s turning heads across Singapore. Ms Yang... The post Marine Parade hawker places record S$10K bid for stall as she believes it’s a worthwhile investment, ...
Singapore moves to rein in million-dollar public housing flats ahead of elections
Prices of second-hand flats have surged in recent years, driven by pandemic-induced construction delays and high demand. ( read original story ...)
Singapore introduces measures to cool the public housing market
The loan-to-value limit for Housing Development Board loans has been lowered from 80% to 75%, the government said. ( read original story ...)
Tightening of HDB loan limits will have limited impact on property market in the long run, say analysts
The enhanced CPF Housing Grant, which will see eligible first-timer families get up to S$120,000, up from the current S$80,000 limit, will benefit lower-income groups the most, they added. ( read original story ...)
Jail for 5 men linked to housing loan scam; bank duped into disbursing over $5.1m
The ruse was linked to two properties - one in Saraca Terrace and another in Woodgrove Walk. Read more at straitstimes.com.
Better macro and interest environment to encourage allocations into S-REITs in 2HFY2024, DBS names top picks
In the 1HFY2024, S-REITs saw lacklustre dividend per unit (DPU) growth, with a sector-wide 7% y-o-y and 5% h-o-h drop in DPUs mainly due to erosion from higher interest costs.
China’s July oil imports from top supplier Russia fall 7.4% from a year ago
China's crude oil imports from top supplier Russia fell in July by 7.4% from a year earlier, official data showed on Tuesday, in line with a broad decline in Chinese refiners' purchases that were ...
Emplifi Reveals Instagram Remains the Platform of Choice for Singapore’s Public Sector
Emplifi, a leading customer engagement platform, today released its ‘Singapore Government Social Media Report – H1 2024.’ The report analyzes how 42 s ...
StanChart makes three executive changes in Europe, Asia transaction banking business
Asia-focussed lender Standard Chartered (StanChart) announced three senior executive changes in its transaction banking business on Tuesday. Ankur Kanwar will lead StanChart's transaction banking ...