SINGAPORE – Local shares dipped on Nov 27, mirroring a mixed regional performance as investors digest the threat of President-elect Donald Trump’s tariffs. The Straits Times Index (STI) fell 0.1 per ...
Issue #1: What’s Happening This Week?—Civil Servants’ Bonus, COE drops, SCB Launches New Luxury Card
Short on time to catch up on the news, but want to stay informed about what’s happening in Singapore? We’ve got you covered. Our team has sifted through the overwhelming flow of news stories, press ...
Former UOB employee who cheated victims of over S$1 million gets 14-year prohibition orders
Loh Sheng Yang defrauded a total of 17 victims by inducing them to sign up for fictitious UOB fixed and structured deposit products, according to MAS.
Blockchain-based firm backed by Temasek and DBS secures new funding in Series B
Deutsche Bank has joined Partior's Series B funding round as a strategic investor. Read more at straitstimes.com.
DBS inks MOU with Japan partner to help Japanese SMEs expand into Singapore, key Asian markets
JAPANESE small and medium-sized enterprises (SMEs) can now receive financing support to expand into key Asian markets including Singapore, under a new partnership by DBS and Japan Financial ...
Pharma giant Sanofi opens $595 million vaccine facility in Singapore to boost preparedness for potential pandemics
The Singapore facility is part of Sanofi's 900 million euro investment to develop two new EVFs globally over five years. The other facility will be in Neuville-sur-Saône, France. SINGAPORE — French ...
Companies’ debt levels in Singapore low, banks and insurers can withstand shocks: MAS
Business costs and earnings are expected to improve, which would ease pressures on firms. Read more at straitstimes.com.
SMU and DBS Offer New Course to Equip Leaders for Sustainable Finance Challenges
Singapore Management University ( SMU) and DBS have partnered to launch the “Sustainable Finance in Action” course. This new programme designed to equip senior executives with the knowledge and skills ...
S$1.5b nickel investment fraud case: Man lived lavishly on gains from scheme he masterminded, prosecution says
(Photo: Reuters/Edgar Su) SINGAPORE: Alleged fraudster Ng Yu Zhi "lived lavishly" on the criminal proceeds from the S$1.5 billion (US$1.1 billion) nickel investment scheme he masterminded, prosecutors ...
Singapore Shares: Support Expected At 3,700 Points
The Singapore stock market has moved lower in back-to-back sessions, dropping almost 35 points or 0.9 percent along the way. The ...
Singapore Trader Pleads Not Guilty to $1.1 Billion Fraud
An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community pleaded not guilty on Tuesday to 42 charges including fraud and money laundering.Prosecutors ...
Bus services affected by StanChart marathon this weekend
Twenty-seven SBS Transit bus services will be affected by lane/road closures for the Standard Chartered Singapore Marathon on Nov 30 and Dec 1. On Nov 30, bus services 10, 11, 14, 16/16M, 31, 32, 33, ...
Trump’s victory could make life harder for Hong Kong—and that may be good news for Singapore’s banks
Banks like Singapore's OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump trade war.
Trial opens in S$1.5 billion nickel investment fraud case against Envy Global’s ex-director
The prosecution accused Ng Yu Zhi's defence team of time-wasting after his lawyers made an "eleventh hour" application to the court.
Singapore-listed Dow ETF offers local investors a gateway to US stocks, say panellists
Wong: It’s the same. So if you buy anything that is listed in the US, be it an ETF or a stock, whenever it pays dividends, an investor in Singapore will get hit by a 30 per cent withholding tax.
Singapore’s First APAC Fund to invest $1.36bn in Dubai’s AMIS Development
The partnership follows the success of AMIS Development’s Woodland Residences project, a $115.7 million luxury development in District 11, Meydan. Singapore’s First APAC Fund to invest $1.36bn in ...