WHAT does not kill one makes one stronger. This adage might aptly describe Singapore’s listed banking trio, which have emerged strongly from the Covid-19 pandemic. Read more at The Business Times.
Funds raised by Singapore’s tech startups up 59% in 2023
Singapore’s early-stage emerging technology startups raised US$402mil in funding in 2023, up 59% from the US$253mil raised in 2022, says national investment arm SGInnovate.
Company director jailed for multiple offences; firms’ bank accounts used to receive S$18 million in scam proceeds
The 34-year-old man incorporated companies used for money laundering for a promised S$20,000 reward from someone from a Telegram group named SG Black Market Hire.
Fintech Galaxy launches open banking credit scoring in partnership with Singapore’s FinbotsAI
Open banking solutions provider aims to redefine credit scoring by leveraging FinbotsAI’s AI-driven credit scoring platform, CreditX, within FINX Connect ...
Sole $20m bid in auction for Sentosa plot seized in money laundering probe not accepted by OCBC
SINGAPORE - A sole bid of $20 million for a land parcel in Sentosa Cove seized in a $3 billion money-laundering probe was not accepted by OCBC bank, and the property was withdrawn because it did not ...
Retirement savers in Singapore need to cast their nets wide for growth
BLACKROCK chairman Larry Fink’s letter to shareholders this year focused on the central role of capital markets in funding two big challenges – retirement and infrastructure. Read more at The Business ...
ACE Market-bound Farm Price aims to raise RM24.5mil from IPO
KUALA LUMPUR: Farm Price Holdings Bhd aims to raise RM24.5 million from its initial public offering (IPO). The company is set for its listing on Bursa Malaysia Securities’ ACE Market on May 14.
Singapore core inflation eased in March as MAS retains its forecast for the year
SINGAPORE: Singapore’s core inflation eased in March, thanks to lower prices on food and services. The easing trend is expected to continue as long as there aren’t any unexpected supply disruptions ...
$3b money laundering accused Su Baolin handed 3 new charges
SINGAPORE – Su Baolin, one of the 10 accused in Singapore’s largest money laundering case, was handed three more charges on April 24. Su, 42, who is originally from China and holds a Cambodian ...
Standard Chartered Joins Visa B2B Connect for Streamlined Payments
Standard Chartered has announced a new collaboration with Visa to streamline cross-border payments for its corporate clients.
Regional businesses turning their focus onto Asean in overseas ventures: UOB
According to the UOB Business Outlook Study this year, small- and medium-sized enterprises (SMEs) and large enterprises in Southeast Asian and Greater China regions are turning their attention towards ...
Singapore shares opened higher on Wednesday—STI climbed 0.4%
SINGAPORE: Singapore shares opened higher on Wednesday morning, following the global trend of market upticks... The post Singapore shares opened higher on Wednesday—STI climbed 0.4% appeared first on ...
Singapore Stock Market Tipped To Open To The Upside
The Singapore stock market has moved higher in consecutive trading days, advancing almost 100 points or 3 percent in that span. The ...
Daily Cuts – Inflation in Singapore eases, but do we feel at ease too?
Inflation in Singapore is on a downtrend, declining more than expected. How and when will this translate to us, consumers? Or is it too soon to rejoice? Alvin Liew, Senior Economist, Group Finance & C ...
Funding Societies enters strategic partnership with SGeBIZ to bring embedded finance solutions for SMEs in Singapore
The partnership will allow the over two thousand businesses, who are using the EzyProcure platform – comprising mainly SMEs from food and beverage businesses and their suppliers using the platform – ...
Standard Chartered joins forces with Visa to enhance cross-border payments
In addition to participating in the Visa B2B Connect multilateral payment network, the Bank also joins as a new settlement partner Singapore – Standard Chartered today announced that it has joined ...