A three-year legal battle involving a Singaporean and a fraudulent multimillion-dollar diamond investment has come to light after the country’s Court ...
Singapore’s GDP growth forecast revised upward for 2024, outlook mixed for 2025
Singapore’s GDP is projected to grow at “around 3.5 per cent” in 2024, an upward revision by the Ministry of Trade and Industry (MTI). Growth slowed in 2025 to a projected “1.0 to 3.0 per cent”.
In forgotten parts of Singapore’s iconic Orchard Road shopping street, a new era is taking shape
Orchard Road, Singapore’s main shopping street, is 2.2 km (1.3 miles) long but much of the activity takes place in the middle of the stretch.
Gold prices rose sharply in 2024. Is it a good time to invest in gold?
Gold prices rose sharply in 2024, and could reach US$3,000 by the third quarter of 2025, says an expert. But there are risks involved. Read more at straitstimes.com.
Focus more on climate adaptation, strong finance commitment, urges Malaysian minister at COP29
Too often, adaptation is seen as the poorer cousin to mitigation, the minister said. Read more at straitstimes.com.
Digital investment platform offers commercial papers to retail investors
A private markets investment and trading platform is offering retail investors the chance to buy an investment usually reserved for more sophisticated traders. Read more at straitstimes.com.
DBS buys 77,700 shares in ST Engineering for $0.4 mil
DBS Bank has bought 77,700 shares in Singapore Technologies Engineering S63 (ST Enginnering) on Nov 14, for a purchase consideration of $365,050.14, or $4.70 per share. Following the transaction, DBS’ ...
Court papers lift veil on $3.5m legal battle over investment fraud, synthetic ‘Jane Seymour diamond’
The ring was bought off the shelf for US$19,136 and presented to investors as $13.8 million. Read more at straitstimes.com.
Saiful Alam claims Singapore citizenship shields against Bangladesh Bank ‘intimidation’
Mohammed Saiful Alam, chairman of S Alam Group, has been described by his legal team as a Singaporean citizen and has invoked a bilateral investment treaty as protection against Bangladesh Bank’s ...
Zühlke Champions Generative AI, Digital Money for Future of Finance at SFF 2024
Zühlke took part in the SFF 2024, demonstrating its commitment to driving impactful change in the financial technology landscape.
DBS, Maybank and CGSI downgrade their TPs on Frencken Group amid slower recovery
CGS International analyst William Tng has downgraded his target price to $1.38 from $1.55 while DBS analyst Ling Lee Keng lowered her target price to $1.47 from $1.77 previously.
HSBC Helps Singapore SMEs Boost Sustainability with New Loan
HSBC Singapore has introduced a new loan product designed to help SMEs improve their sustainability performance.
Singapore stocks edged higher at the open on Thursday—STI rose 0.1%
Singapore’s major banks also rose on Thursday’s open. DBS Bank rose 0.7%, or S$0.31, to S$42.52. UOB gained 0.2%, or S$0.08, to S$36.31, while OCBC edged up 0.1%, or S$0.01, to S$16.49.
When you can’t see, and your banking app OTP is expiring
The visually impaired are getting left behind in the Smart Nation journey. It’s important to include their needs. Read more at straitstimes.com.
How Investors Can Now Gain Exposure To The Magnificent 7 Stocks Through US Stock DLCs Listed On The SGX
Investors can now gain US stock exposure on SGX via US stock DLCs listed here, giving you a new trading window before US markets open.
Commercial Bank wins major accolade at Mastercard East Arabia Business Forum in Singapore
Commercial Bank, a leader in innovative banking solutions in Qatar, has received a major accolade at ‘Mastercard East Arabia Business Forum’ held in Singapore for its ...