UOB, OCBC, Singtel and Yangzijiang Shipbuilding book the most inflows. Singapore’s stock market logged $1.175b of net institution outflow during the first six months of 2024, according to data shared ...
10 Best Savings Accounts in Singapore with the Highest Interest Rates (Jul 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 ...
UOB winds down digital credit assessment subsidiary
It had promised to invest S$12m on Avatec when it launched in 2018. United Overseas Bank (UOB) is winding up operations of its subsidiary Avatec.ai (S) Pte Ltd, a digital solutions company using AI to ...
Singapore Stocks Jump to Two-Year High as DBS, OCBC Hit Records
Singapore stocks rose to the highest level in two years, helped by optimism over major banks’ dividend payouts and elevated Federal Reserve interest rates hopes.Most Read from BloombergDemocrats Weigh ...
Singapore is trying to be a wealth hub. Now 6 family offices that got tax breaks are tied to the nation’s biggest money laundering case
Vistra, a corporate business service provider, highlighted Singapore’s well-developed financial and professional services sectors, international connectivity, and strong healthcare and education ...
CNA Explains: Why must travellers declare S$20,000 cash when entering or leaving Singapore?
Regardless, travellers who fail to fully and accurately declare over S$20,000 in cash or bearable negotiable instruments – such as traveller’s cheques, money orders and postal orders – can be jailed ...
Business partner ordered to pay S$299,000 in legal costs to Violet Oon and family
LUXURY and lifestyle company Group MMM and its director Manoj Murjani have been ordered by the High Court to pay S$299,000 to restauranteur Violet Oon and her two children. Read more at The Business ...
Two-thirds of Singapore firms are not confident of meeting net zero goals: report
As the city-state's listed companies prepare to kick off mandatory climate reporting in 2025, nine in 10 local firms have yet to fully measure Scope 3 emissions, which make up the bulk of an entity's ...
Boustead unit partners Evotion Labs to deploy Singapore’s first EV motorcycle battery swop stations
A UNIT of engineering and technology group Boustead Singapore has signed a memorandum of understanding (MOU) with local electric vehicle (EV) solutions provider Evotion Labs to deploy Singapore’s ...
Singapore to cane Japanese hairdresser for rape
A Singapore court has sentenced a Japanese man to jail and caning for the "brutal and cruel" rape of a university student in 2019.The 38-year-old hairdresser, Ikko Kita, is set to be the first ...
Singapore prepared to recognise State of Palestine, but also wants right to exist for Israel, says FM Vivian Balakrishnan
The minister emphasised that a two-state formation ensuring peace for both parties was “the only viable path for achieving a comprehensive, just, and durable solution to this conflict”.
Fans of K-actor Byeon Woo-seok flame event organiser online after Singapore fan meet fiasco
Headlined by the Lovely Runner star, the show started an hour late without explanation and the host was called "unprofessional". Read more at straitstimes.com.
Will the FWD-Income deal pave the way for less direct selling in Singapore’s motor insurance market?
SINGAPORE - The wheels are in motion for Singapore drivers to have one fewer option if they want to buy motor coverage directly from insurers. With digital insurer FWD out of the motor underwriting ...
Singapore Bank Shares Extend Record Highs on Dividend Yield View
Optimism over further dividend payouts coupled with elevated Federal Reserve interest rates hopes are helping push Singapore bank shares to fresh highs. “Clients are rotating to play the ...
Weapons finance scrutiny to be part of Singapore casino AML
Singapore’s parliament gave a first reading on Tuesday to a bill that will – among other things – amend the city-state’s Casino Control Act to tighten requirements for casino operators to conduct ...
6 family office funds tied to Singapore launder case got tax breaks
Six single family office funds linked to a S$3 billion money laundering case in Singapore have received tax incentives from the Monetary Authority of Singapore.