Hong Kong has been competing hard with Singapore this year to reclaim its throne as Asia’s premier financial center. It’s now offering generous tax exemptions to incentivize the ultra-rich to set up ...
Ex-GIC investment boss Ng Kok Song mulls bid for Singapore presidency
Ng Kok Song, the former chief investment officer of Singapore sovereign wealth fund GIC Pte, is considering standing in the city-state’s upcoming presidential election.
Dining and buffet credit card promotions and 1-for-1 deals (July 2023)
There is nothing quite as Singaporean as hunting down the best local gastronomic joints. That is, until you combine that with finding the best deals for these mouth watering dining experiences! You ...
4 Singapore Listed Stocks That Temasek Has Invested In
Within Temasek’s total portfolio (both listed and unlisted assets), 28% of its assets are in Singapore. In this week’s edition of 4 Stocks This Week, we take a closer look at some of the ...
Ex-GIC Investment Boss Ng Mulls Bid for Singapore Presidency
Ng Kok Song, the former chief investment officer of Singapore sovereign wealth fund GIC Pte, is considering standing in the city-state’s upcoming presidential election.Most Read from ...
Awards for Excellence 2023: Best bank in Singapore – UOB
UOB’s transformative initiatives have earned it the title of Singapore’s best bank once more. Its numbers are certainly strong. Core operating profit rose 20% in 2022 to S$6.6 billion ($4.9 billion), ...
The world’s best bank for corporate responsibility 2023: DBS
The Singapore bank has strengthened its proposition to serve under-represented communities and aligned its own lending operations to make an impact.
What to know about the hotel billionaire ensnared in Singapore’s graft probe
Malaysian property tycoon and hotelier Ong Beng Seng, 77, and Transport Minister S. Iswaran were arrested on July 11 and released on bail, the anti-graft agency said late Friday. The case is the most ...
Carsome waiting for ‘right timing’ for IPO; will launch sales of new EVs: CEO
KUALA LUMPUR] E-commerce platform Carsome is waiting for the “right timing” to revive its dual-listing plans on the Nasdaq in the US and the Singapore Stock Exchange, said chief executive officer Eric ...
Who Is Ong Beng Seng, the Billionaire Caught Up in Singapore’s Historic Corruption Probe?
Singapore’s most serious political graft probe since the 1980s has ensnared a billionaire best known for bringing Formula One racing to the city and who has political ties that go back decades.
Singapore’s Seatrium secures $800m green trade facility from OCBC
Singapore’s Seatrium, the former Sembcorp Marine, has secured a green trade finance facility from compatriot bank OCBC worth an estimated €720m ($808m). The sizable trade facility is claimed to be one ...
Singaporean doctor continues to encounter unauthorised charges despite 3 credit card replacements
A Singaporean doctor experienced unauthorised charges exceeding $3,600, including four transactions to AirAsia, despite her efforts to block and replace her credit card. The case adds to the growing ...
Singapore’s gig workers are its most financially stretched group, DBS study says
The expense-to-income ratio of gig workers was 112% in May 2023 — "significantly higher" than the median customer's 57%, the country's largest bank said.
Singapore Expands Graft Probe to Include Hotel Tycoon Ong
A rare Singapore graft probe involving a cabinet minister widened Friday after a property and hotel tycoon was issued a notice of arrest in connection with the case.
Four individuals imprisoned in Singapore for market-rigging scheme
Four Singapore individuals have been sentenced for manipulating Koyo International Limited's share prices, resulting in approximately $3.28 million losses.
Singapore’s Economy Grew at Faster Pace in Second Quarter
SINGAPORE--Singapore's economy grew at a faster pace in the second quarter, as strong expansion in construction and services-producing industries outweighed a contraction in manufacturing.