SINGAPORE: The former CEO and directors of a company linked to an alleged billion-dollar nickel investment fraud case were charged on Thursday (Mar 7), said the Monetary Authority of Singap ...
Who is Shein’s Human Owner? Questions Threaten IPO Ambitions
The e-tail juggernaut breached U.K. law by failing to disclose its ultimate beneficial owner, but that could be the least of its problems.
UOB data reveals women are powering spending with their rising affluence over last five years
In line with International Women's Day and to celebrate 35 years of Southeast Asia's longest-running women-centric card, the UOB Lady's Card in Singapore, UOB reveals data pointing to the growing ...
Shimano’s S’pore operations to seek new markets, decide where to invest more in
Singapore’s significance will grow with rising demand for bicycles in Asia and Latin America. Read more at straitstimes.com.
Singtel trims stake in Bharti Airtel with $710 million sale to invest in data centers
Singapore's Singtel has sold a 0.8 percent stake in Indian telco Bharti Airtel for S$950 million ($710m) to US-based investment firm GQG Partners. In a statement, Singtel said it will use the funds to ...
4 men to be charged for money mule activities, selling Singpass, banking details to scammers
SINGAPORE – Four men aged between 17 and 21 are slated to be charged for suspected involvement in money laundering activities on March 8. The men allegedly sold their bank accounts or disclosed their ...
Singapore Market ends marginally lower
At closing bell, the Straits Times Index (STI) index edged down 2.36 points, or 0.08% to 3,133.78 after trading between 3,125.64 and 3,149.35. Volume of 1.39 billion shares worth S$1 billion changed ...
S’pore ride-hailing firm Ryde holds steady in trading debut on New York Stock Exchange
The counter fluctuated between US$4 and US$5, before settling unchanged, with around 2.7 million shares traded during regular hours. Read more at straitstimes.com.
DBS acquires 300,000 units in Netlink for $252,000
The units were bought via the market on Feb 29, bringing DBS’s interest in Netlink to 1.215%. With the additional units, Temasek Holdings' deemed interest in Netlink through Singtel and DBS Bank ...
Singapore to hold more sports events with 165 mln investment
SINGAPORE, March 7 (Xinhua) -- The Singaporean government plans to invest 165 million Singapore dollars (123 million U.S. dollars) in four years to support holding major sports events, said Edwin Tong ...
Parliament approves S$131.4b Budget, provides ‘clear action plan’ to take Singapore into the future
In a “messier, more dangerous and more unpredictable” world, Budget 2024 “provides a clear action plan to take Singapore forward into the future with optimism and hope”, said Leader of the House ...
Mother of 3 ‘charmed’ by love scammers helps them open bank accounts, gets jail
SINGAPORE: A mother of three befriended two men online and helped them to open bank accounts that were used by scammers to receive money from victims. Isabella Sarah Lim Gek, 58, was sentenced to jail ...
Former foreign minister George Yeo says Prabowo presidency good for Singapore and Asean: UOB’s inaugural wealth event
Prabowo is his own man who won’t be dancing to Jokowi’s tune,” says Yeo, at UOB's flagship event for wealth clients.
Singapore shares rise at Thursday’s open; STI up 0.1%
SINGAPORE shares rose at the opening bell on Thursday (Mar 7) morning, tracking overnight gains in global markets. Read more at The Business Times.
DBS Bank Slashed CEO Piyush Gupta’s Salary By 27% In 2023
The Singapore-headquartered bank had previously announced in February that the 2023 variable compensation for Gupta and other members of the group management committee had been reduced ...
How many Singapore employers are boosting investments in DEI?
It is heartening to see more Singapore organisations making good progress towards DEI through incremental steps' ...