Singapore—Sixty-five-year-old Ling Shek Lun, who used to be a vice-president at UOB, has been charged with mishandling millions of dollars, reported straitstimes.com (ST) on Friday (Feb 19). Ling, a ... ( read original story ...)
Singapore Police Probe 2 Firms in Alleged Metal Investment Fraud
Singapore’s Commercial Affairs Department, a police unit for financial crime, is investigating two companies for alleged fraud related to a nickel investment scheme. ( read original story ...)
DBS Faces Lawsuits in India Post-Takeover of Lakshmi Vilas Bank
DBS Group Holdings Ltd., Southeast Asia’s largest lender, said it’s facing lawsuits in India related to its recent takeover of a struggling local bank. ( read original story ...)
Why the rise of Singapore’s tech giant Sea has been a hot topic
What began as a modest gaming firm has grown into a US$137 billion behemoth with e-commerce and digital payment ambitions. Will this unicorn’s fairy tale rise have a happy ending? ( read original story ...)
Former UOB V-P accused of multiple offences including misappropriating more than $5m
SINGAPORE - A former vice-president at UOB has been hauled to a district court after he allegedly misappropriated cash totalling more than $5.3 million while he was holding the position. Ling Shek Lun ... ( read original story ...)
UOB and SBF to connect Singapore companies to cross-border opportunities
United Overseas Bank (UOB) announced that it is stepping up its efforts to help more Singapore companies seize cross-border opportunities. ( read original story ...)
Philippines set to take rare, top spot for IPOs in Southeast Asia
A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the country Southeast Asia's biggest IPO market this year, driven by attractive valuations and ... ( read original story ...)
Emerging stronger together: 8 winners (and non-winners) from the Singapore Budget 2021
The Singapore Budget 2021 was announced yesterday in parliament by Deputy Prime Minister and Finance Minister Heng Swee Keat.Despite the budget’s theme of “Emerging Stronger Together,” as with every ... ( read original story ...)
Cilic, Mannarino Seek Singapore Success: All You Need To Know
All about the ATP Tour's first tennis tournament in Singapore in 22 years, the Singapore Tennis Open, featuring Adrian Mannarino, John Millman and Marin Cilic. ( read original story ...)
Singapore May List Blank-Check Companies, Or SPACs, This Year
The Singapore Exchange, a major stock market in Asia, has reportedly been considering the idea of listing blank-check companies. ( read original story ...)
RailTel IPO subscribed 42 times on last day
Analysts said RailTel is a debt-free company and pays consistent dividends and, thus, could witness some traction. But there are a few red flags for long-term investors. ( read original story ...)
Singapore’s push for green infrastructure bonds will spur private sector into action, say experts
SINGAPORE: Singapore's plan to fund infrastructure projects with green bonds is set to "spur" the private sector into action, paving the way for a ... ( read original story ...)
New Norm 2021: Do You Know What It Takes to Buy A Home in Singapore This Year?
Last year (2020) saw us battling with Covid-19, circuit breaker, job insecurity, cashflow fears, recession and who knows what else. As a result, some of us may have put big plans on hold, such as ... ( read original story ...)
Tennis: Top local Shaheed Alam given wildcard for Singapore Open qualifiers
SINGAPORE - Having featured in the 2015 SEA Games and 2019 Davis Cup on home soil, Shaheed Alam is no stranger to big tennis matches in front of a home crowd. But Singapore's highest-ranked ATP player ... ( read original story ...)
Three teens and one 20-year-old arrested for Feb 16 Simei slashing incident
Singapore—On Tuesday (Feb 16), the Police received an alert concerning a slashing incident along Simei Avenue at around 1.15pm. One man had been assaulted af ... ( read original story ...)
Singapore: 2020 Budget deficit rose to record high – UOB
Economist at UOB Group Barnabas Gan reviews the budget figures in Singapore for this year. Key Quotes “For FY2020, the Finance Ministry is expecting an overall budget deficit of ... ( read original story ...)