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Tag: business

Posted on 21/12/2023

Singapore fuel oil inventories ease 4.7% to two-week lows

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 ...

Posted on 21/12/2023

2 Singaporeans allegedly involved in the export of gas oil to North Korea charged in court

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

Posted on 21/12/2023

Singapore director of 980 companies jailed after S$7.3 million laundered through China-linked firms under him

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

Posted on 21/12/2023

Singapore stocks climb amid mixed regional trading, STI up 0.1%

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 ...

Posted on 21/12/2023

Pasir Ris mall slashing: Victims and alleged attacker were business rivals

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

Posted on 21/12/2023

Where is Facebook co-founder Eduardo Saverin now? The Brazilian billionaire still owns a stake in Meta and is Singapore’s richest man, having grown his wealth to US$19.6 …

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 ...

Posted on 21/12/2023

CStone sells to Servier its exclusive rights to TIBSOVO® in Greater China and Singapore

In 2021, Servier acquired the oncology business of Agios Pharmaceuticals that had, since 2018, an exclusive collaboration and license agreement with CStone to develop and commercialize TIBSOVO in ...

Posted on 21/12/2023

Court freezes US$1.14bn in failed Singapore-based crypto fund’s assets

A court has ordered a US$1.14 billion (RM5.3 billion) worldwide asset freeze on the founders of collapsed cryptocurrency hedge fund Three Arrows Capital, ...

Posted on 21/12/2023

Singapore director of 980 companies jailed after US$5 million laundered through China-linked firms under him

Xie Yong's business clients were locals at first, but he pivoted to target Chinese clients, agreeing to stand as director for them and not checking what their actual business activities were.

Posted on 21/12/2023

Singapore government bonds to retain some popularity despite falling yields

SINGAPORE government bonds will likely retain some of their popularity in 2024, even as their yields fall to account for changing interest-rate expectations. Read more at The Business Times.

Posted on 21/12/2023

Cops nab remaining suspects involved in Singapore boy’s abduction in JB

The main suspect, a business partner of the victim’s father, planned the kidnapping with three others. Read more at straitstimes.com.

Posted on 21/12/2023

Fintech in Singapore: 2023 in Review

Singapore actively pursued key initiatives across various domains in the financial sector, focusing green finance, payments and digital money.

Posted on 21/12/2023

Singapore director of 980 companies jailed for neglect on money laundering

Xie Yong, who had offered accounting services to foreign clients seeking to incorporate companies in the city state, was sentenced to four weeks in jail.

Posted on 21/12/2023

Moomoo Singapore Achieves Regulatory Milestone with MAS MPI License

Moomoo Singapore, a leading digital brokerage firm, has recently been granted in-principle approval for a Major Payment Institution License – Digital Payment Token Service, by the Monetary Authority ...

Posted on 21/12/2023

Breaking: Crypto Manager HashKey Capital Bags Singapore License

Crypto asset manager HashKey Capital has secured the license to operate as a full capital markets service provider in Singapore ...

Posted on 20/12/2023

Man fined for illegally importing meat and running unlicensed cold stores

SFA officers discovered 1,784kg of such products in a cold store at Gambas Crescent. Read more at straitstimes.com.

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