If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Indranee Rajah on Bills to strengthen Singapore’s anti-money laundering regime
Corporate service providers (CSPs) support companies in a range of key activities. They therefore serve as “gatekeepers” against the misuse of companies and are regulated by the Accounting and ...
New Singapore law quadruples fines for corporate service providers that breach anti-money laundering duties
The new law will require all businesses that provide corporate services to register with ACRA, even if they do not transact with the authority.
UOB confident to “contribute meaningfully” to Johor-Singapore Special Economic Zone development
"With UOB’s extensive regional network... we are well positioned to support business growth in Singapore, Malaysia, and across the region." — UOB ...
Paxos gains approval for Singapore stablecoin launch with DBS partnership
Paxos has received regulatory approval from the Monetary Authority of Singapore to launch a stablecoin, partnering with Southeast Asia’s largest bank, DBS, for banking services. This marks Paxos’ ...
Singapore will not direct GIC to invest in locally listed companies: Chee Hong Tat
SINGAPORE - Singapore will continue to find ways to improve the attractiveness of Singapore’s equity market, but it will not direct sovereign wealth fund GIC to invest in locally listed companies, ...
Singapore banks lead uptick; STI up 0.9%
SINGAPORE stocks continued on their uptick on Tuesday (Jul 2), following gains by the local banks. Read more at The Business Times.
Singapore banks surge to record highs on Tuesday
THE share prices of the three local banks traded at record highs on Tuesday (Jul 2) after the midday break, with OCBC and UOB breaching all-time records after an initially mixed showing at the opening ...
Is Shunned Shein The Future For Blockbuster China IPOs?
Shein may end up listing in Hong Kong, after its New York IPO plan collapsed and its latest London plan faces similar geopolitical pressures The case shows how blockbuster IPOs by Chinese firms are ...
Health insurer Niva Bupa files draft prospectus for Rs 3,000 crore IPO
The issue consists of a fresh issue of Rs 800 crore and an offer for sale of upto Rs 2200 crore by its existing shareholders and promoters.
Niva Bupa Health files for ₹3,000-cr IPO
Niva Bupa Health Insurance, formerly Max Bupa has filed its draft red herring prospectus for a ₹3,000 crore initial public offering, of which ₹800 crore would be raised through a fresh issue and ...
Singapore aims to make it easier to prosecute money laundering cases
Singapore is seeking to make it easier for law enforcement to prosecute money laundering offences in the city-state, the home affairs ministry said, noting how currently some cases are not pursued ...
Best Fixed Deposit Rates in Singapore (Jul 2024)—Rates Up To 3.75%, Minimum Deposits From $500
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Singapore banks log share price gains in morning trade
THE three local banks were trading at elevated levels over the first half of Tuesday’s (Jul 2) trading session, following an initially mixed showing at the opening bell. Read more at The Business ...
Singapore warns of misuse of remittance for terrorism financing
Money remittances remain the highest risk sector of being exploited for Terrorism Financing (TF) in Singapore, according to a report published in the country on July 1.
GOVT Singapore creates brand campaign for OCBC
OCBC has unveiled a new brand campaign across its core markets, solidifying its One Group approach to capitalise on wealth and business opportunities in ASEAN and Greater China.