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Posted on 02/07/2024

Singapore’s Increased Scrutiny on Family Offices Is Creating More Work for Lawyers

In the wake of a major money laundering scandal, authorities are paying closer attention to the wealth management sector, driving clients to seek more legal advice out of fear they could be subject to ...

Posted on 02/07/2024

Niva Bupa files draft papers for Rs 3,000-crore IPO

The OFS will see the promoter company, Bupa Singapore Holdings Pte, sell shares worth Rs 320 crore while external investor Fettle Tone LLP will sell shares worth Rs 1,880 crore.

Posted on 02/07/2024

4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio?

Here are four Singapore stocks that recently touched either their 52-week highs. Let’s dig deeper to determine if they should be included in your investment portfolio. OCBC is Singapore’s ...

Posted on 02/07/2024

Ninja Van Cuts Singapore Staff in Second Round of Layoffs, ST Reports

Ninja Van has cut 5% of its Singapore staff amid its expansion into business-to-business restocking and cold chain logistics, the Straits Times reported, citing the company.

Posted on 02/07/2024

Paxos Wins Approval from Singapore to Issue Stablecoins

Paxos secures Singapore's approval to issue stablecoins, boosting its global cryptocurrency operations and partnership with DBS Bank.

Posted on 02/07/2024

4 Things To Know About OCBC’s Offer For Great Eastern, And Why Things Could Be More Complicating Than It Seems

OCBC is making an offer for all outstanding Great Eastern (SGX: G07) shares that it currently does not own but delisting make be complicating.

Posted on 02/07/2024

Johor MB, UOB meet in Singapore to discuss business opportunities on special economic zone

Datuk Onn Hafiz Ghazi and UOB senior managers met in Singapore on Monday to discuss business opportunities from the new Johor-Singapore special economic zone (SEZ). UOB, which hosted the meeting at ...

Posted on 01/07/2024

Singapore’s money remittances at high risk of being misused for terrorism financing, says govt report

Money remittances remain the highest risk sector of being exploited for Terrorism Financing (TF) in Singapore, according to a report published on Monday (July 1).

Posted on 01/07/2024

Singapore flags money laundering risk in banking sector

Singapore is inherently exposed to money laundering due to the amount of international banking operations run out of the state, said Colin Jarraw, partner at Virtus Law (Stephenson Harwood (Singapore) ...

Posted on 01/07/2024

Singapore court dismisses appeal to lift freezing order on assets of wife of Three Arrows founder

THE High Court of Singapore has dismissed an appeal from the wife of a founder of failed crypto hedge fund Three Arrows Capital (3AC) to lift the freezing order on her assets. Read more at The ...

Posted on 01/07/2024

US Regulatory Hurdles Push Chinese AI Startups To Shift Base To Singapore

In the face of rising geopolitical tensions and regulatory challenges in the U.S., Chinese artificial intelligence (AI) startups are increasingly relocating to Singapore. This move is aimed at gaining ...

Posted on 01/07/2024

Singapore stocks edge up, tracking regional gains; STI up 0.2%

Losers outweighed gainers 206 to 184, after $952 million worth of securities changed hands. Read more at straitstimes.com.

Posted on 01/07/2024

Singapore an ‘outlier’ for racial harmony, but is the approach being challenged?

Experts say giving up some civil liberties such as freedom of expression is an increasingly harder price to pay for young Singaporeans.

Posted on 01/07/2024

Chess-Ding v Gukesh world championship match to take place in Singapore

The classical chess world championship match between Indian Gukesh D and defending champion Ding Liren of China will take place from Nov. 20 to Dec. 15 in Singapore, the International Chess Federation ...

Posted on 01/07/2024

Ninja Van lays off 5% of workforce in Singapore

SINGAPORE: Logistics provider Ninja Van has laid off about 5 per cent of its employees in Singapore. Responding to CNA's queries on Monday (Jul 1), a Ninja Van spokesperson noted that while e-commerce ...

Posted on 01/07/2024

Singapore a ‘very attractive place’ to develop new climate technology: Bill Gates

Breakthrough Energy, a climate organisation founded by Mr Gates, is partnering Enterprise Singapore and Temasek to identify and grow budding climate technology in Southeast Asia.

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