Six IPOs, US1.5 billion, and a top spot in Southeast Asia – Singapore’s IPO scene is on a roll for Q3, 2025. Andrea Heng and Hairianto Diman find out what’s fuelling this momentum and what it will ...
Group CEO Lai on GXS Bank’s blueprint for scale, profitability and purpose
GXS Bank’s Group CEO Lai Pei-Si says the digital bank has a unique advantage as it is part of an ecosystem that serves millions of Singaporeans.
MAS puts retail ban on AT1s/T2s, Singapore banks mostly unharmed
Banks must insert clauses in agreements with intermediaries forbid retail sales, and MAS has told intermediaries not to facilitate retail access to such instruments. Capital instruments issued before ...
The rise of state-owned investment funds in Southeast Asia
Southeast Asian states increasingly see state-owned investment funds more as tools of national development than wealth generators.
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
[SINGAPORE] Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of S$905,582.87 by Thursday (Oct 23). The letters, dated Oct ...
Former Citibank relationship manager jailed for involvement in billion-dollar money laundering case
Chinese national Wang Qiming, 27, held S$481,678 in laundered cash for Su Baolin. Two others involved in one of Singapore’s biggest money laundering cases, Su Haijin and Vang Shuiming, were also his ...
Standard Chartered issues payment demand to mm2 Asia units over $905,000 debt
Standard Chartered has issued a payment demand to mm2 Asia units for a $905,000 debt, adding to the entertainment group's financial troubles. Read more at straitstimes.com. Read more at ...
Singapore firms eye South Africa amid shake-up in global trade
Enterprise Singapore aims to connect participating firms with South African partners across sectors Read more at The Business Times.
Singapore’s Ultra-Wealthy Balance Stability and Growth with Barbell Strategy
Ultra-high-net-worth individuals actively utilize the so-called ‘Barbell Strategy.’ They secure stable returns on one side while pursuing long-term growth on the other,” said a family office operator ...
Former Citi banker jailed over role in Singapore money-laundering scandal
A former Citibank relationship manager pleaded guilty and was sentenced to two years in jail on Thursday in connection with helping a Chinese gang launder money into Singapore in one of the city-state ...
Former Citi banker gets longest sentence in S$3 billion money laundering scandal
Former Julius Baer Group Ltd. banker Liu Kai is scheduled to plead guilty on Friday Read more at The Business Times.
Former Citi and Julius Baer bankers to plead guilty in Singapore scandal
Liu was 35 when he was accused last year of helping one of the money launderers submit a forged Chinese tax document in 2020.
Ex-Citi banker gets longest sentence in Singapore launder case
A former wealth banker at Citigroup Inc. got the longest sentence in Singapore’s biggest money laundering case for his role in aiding the movement of illicit funds and obstructing justice.
UOB rethinks what it means to support artists
The bank’s latest initiative turns its lucrative art prizes into long-term opportunity Read more at The Business Times.
Gold fever: These charts show the rush for the precious metal in Singapore
Even with the recent pullback, prices are still up by 8 per cent over the past month Read more at The Business Times.
Former Citi and Baer bankers to plead guilty in Singapore scandal
Liu was 35 when he was accused last year of helping one of the money launderers submit a forged Chinese tax document in 2020.