The city state is determined to combat money laundering and terrorism financing to safeguard its reputation, PM Lawrence Wong said.
Lessons from S$3b money laundering case will strengthen Singapore’s approach to tackling threat: PM Wong
In his first comments on the case since it concluded, Mr Wong, who is also Finance Minister, said: “Our approach has enabled us to take quick and strong enforcement action against criminals who try to ...
Changi Business Park, International Business Park ‘hollowing out’ but UOBKH still likes these two S-REITs
Occupancy for Singapore’s business parks has languished, falling 8.0 percentage points to 79.1% over the past three years.
Singapore shares began muted on Wednesday—STI slightly down by 0.04%
SINGAPORE: Singapore shares began muted on Wednesday, June 26, following a mixed outcome in US equities overnight and negative results in European markets. The Business Times reported that the Straits ...
Singapore to strengthen laws on asset recovery to beef up anti-money laundering regime
according to a report detailing Singapore’s national asset recovery strategy. Such assets may include luxury items such as fine art, antiques, investment-grade wine, vessels, and animal livestock like ...
30 Wealthiest People in Singapore
According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024.
Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run?
These four Singapore stocks are seeing their share prices shooting up, but can they continue to do so? The post Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They ...
Analysis-Singapore Port Congestion Shows Global Ripple Impact of Red Sea Attacks
Global port congestion has reached an 18-month high, with 60% of ships waiting at anchor located in Asia, maritime data firm Linerlytica said this month. Ships with a total capacity of over 2.4 ...
The Wealthiest Person in Singapore
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the ...
Why OCBC’s offer for Great Eastern may hinge on two key shareholders
GEH is likely to be asked by the Singapore Exchange Regulation (SGX RegCo) to restore its free float, which may involve placing out its shares. OCBC, for its part, has announced that it has no ...
Shein’s CEO and massive IPO are both incredibly secretive—and it’s because of the backlash for allegedly using forced labor to make its dirt-cheap clothing
Shein, the Chinese-linked $64 billion fast-fashion giant monopolizing teens’ wallets, filed for a long-awaited IPO listing on London’s Stock Exchange earlier this month. And, in typical Shein fashion, ...
Australian Stocks: The Buzz Around Guzman y Gomez After a Stellar IPO
Among the trending Australian stocks, Guzman y Gomez Ltd. (AU:GYG) made its debut on the ASX with a stellar IPO on June 20, gaining more than 35% ...
Allied Blenders IPO: Rs 449 Cr Raised from Anchor Investors
Allied Blenders and Distillers, maker of Officer's Choice Whisky, has raised Rs 449 crore from anchor investors ahead of its IPO. The IPO will open for subscription on June 25th.
Singapore stocks track regional gains on Tuesday; STI up 0.4%
SINGAPORE - Singapore stocks ended higher on June 25 ... The local banking trio ended higher on Tuesday. DBS gained 0.3 per cent or 11 cents to $35.65, OCBC rose 0.7 per cent or 10 cents to $14.41, ...
18 months jail for HR associate director who treated company as her ‘personal piggy bank’ taking S$196K through false claims
The judge in Tan’s case said that she treated the funds of D’Perception Singapore as her “personal piggy bank,” according to a report in TODAY Online. Tan was hired as the company’s human resource ...
City Developments takes out $400 million sustainability-linked loan from DBS
The loan marks the first of its kind with criteria guided by targets set by the company. Read more at straitstimes.com.