Tag: business

It came as the value of M&A deals with Singapore involvement hit US$50.7 billion so far in 2023 – the lowest since 2013. Read more at straitstimes.com.

It valued Singapore as a key part of its South-east Asia strategy and “expects the deal to strengthen the earnings of its international business portfolio”, according to the filing. Singlife chairman ...

SINGAPORE - In one of the largest insurance deals in the region, Japanese insurer Sumitomo Life Insurance Company will fully acquire local insurer Singapore Life Holdings (Singlife) for $4.6 billion.

By P.R. Venkat Sumitomo Life Insurance has agreed to pay 1.6 billion Singapore dollars (US$1.21 billion) to TPG for a substantial stake in a ...

A court has ordered a US$1.14bil worldwide asset freeze on the founders of collapsed cryptocurrency hedge fund Three Arrows Capital, the Singapore-based firm’s liquidators said.

Rolf Schnellmann helped conceal the income of U.S. taxpayer clients in offshore accounts in Switzerland, according to the New York federal prosecutors.

Ikea Singapore will absorb the Goods and Services Tax (GST) increase that will kick in from Jan 1 next year, when the GST rate increases from 8 per cent to 9 per cent.

Ikea Singapore will absorb the Goods and Services Tax (GST) increase that will kick in from Jan 1 next year, when the GST rate increases from 8 per cent to 9 per cent.

SINGAPORE: A court has ordered a US$1.14 billion worldwide asset freeze on the founders of collapsed cryptocurrency hedge fund Three Arrows Capital, the Singapore-based firm’s liquidators said ...

the Singapore-based firm's liquidators said Thursday. Three Arrows Capital filed for bankruptcy last year when its fortunes collapsed after a massive sell-off in assets it had bet on as prices ...

Exports out of Singapore rise 25% from last week * Top import volumes hail from Indonesia * No imports from Kuwait for fifth straight week By Jeslyn Lerh SINGAPORE, Dec 21 (Reuters) - Onshore ...

Both men face charges in contravention of the United Nations (Sanctions – DPRK) Regulations 2010. Read more at straitstimes.com.

A Singaporean man ran a business helping China clients set up companies in Singapore and became a director of 980 companies this way.

Major regional markets were mixed after falls of around 1.5 per cent on the three key Wall Street indexes. Hong Kong’s Hang Seng edged up 0.04 per cent but Japan’s Nikkei 225 fell 1.6 per cent and ...

Senior Minister and Pasir Ris-Punggol MP Teo Chee Hean visited Pasir Ris West Plaza to reassure residents and business owners on Thursday.

Eduardo Saverin invested US$15,000 in Facebook, then was infamously booted from the venture by Mark Zuckerberg, which was depicted in The Social Network starring Jesse Eisenberg and Andrew Garfield ...