SYDNEY (Reuters) - Australian billionaire Mike Cannon-Brookes on Thursday stood by the economics of a plan to ship energy from a giant solar farm in the country's north to Singapore via undersea cable ...
Continued Consolidation Predicted For Singapore Stock Market
The Singapore stock market has moved lower in consecutive trading days, slumping more than 15 points or 0.5 percent along the way.
IPO-Bound Ola Electric Bags $140 Mn At $5.4 Bn Valuation From Temasek, Others
Ola Electric has signed an agreement to raise $140 in a funding round led by Temasek with participation from other existing investors.
$1.8b money laundering case: Company set up so wife of accused could get work pass
The company owned by the wife of one of the accused in the $1.8 billion money laundering case was set up so that she could get an employment pass (EP) here. This was revealed by Mr Seah Li Hao, a ...
2 men in billion-dollar money laundering case denied bail after judge deems them ‘high flight risk’
SINGAPORE: Two men involved in a massive S$1.8 billion money laundering case in Singapore were denied bail on Wednesday (Sep 6) after a judge found them flight risks.
Billionaire Wee Cho Yaw’s United Overseas Bank Doubles Down On Retail Expansion And Digital Play
Buoyed by the acquisition of Citibank’s retail franchises in the region, UOB is building a new tech hub in Singapore.
Digitalisation not a disruption for banks; leverage workforce longevity: UOB executives
SOUTH-EAST Asia is an important regional production hub that is benefitting from global supply-chain shifts, with UOB in a strong position to contribute to its economic development and sustainable ...
Company set up so wife of accused in $1.8b money laundering case can get employment pass: CAD
This was revealed in an affidavit to support the prosecution’s application that no bail be granted to her husband, Wang Baosen. Read more at straitstimes.com.
Singapore Seizes Alleged Launderer’s Millions in Swiss Banks
Singapore police seized S$125 million ($92 million) from a suspected money launderer’s accounts with Bank Julius Baer and Credit Suisse Group AG’s local unit as a billion-dollar scandal continues to ...
Global Investor Programme: We Simplify Singapore’s Golden Visa
It is probably for this reason that the country introduced the Singapore Global Investor Programme (GIP) in 2004, a perfect platform for a non-Singaporean individual to make the city-state their home.
Jupiter Life Line Hospitals IPO: Check day 1 subscription details, latest GMP
J upiter Life Line Hospitals Ltd witnessed strong demand on the first day of its initial public offering. The subscription period began on September 6, 2023, and will conclude on September 8, 2023.
Singapore tax collection up 13.1% to S$68.6 billion in FY22/23, reflects post-Covid recovery
SINGAPORE’S tax revenue for financial year FY 2022/2023 rose 13.1 per cent to S$68.6 billion compared to the year before, reflecting the economic recovery following the end of the Covid-19 pandemic, ...
Company set up for wife of accused in $1.8b money laundering case to get employment pass: CAD officer
SINGAPORE - The company owned by the wife of one of the accused in the $1.8 billion money laundering case was set up for her to get an employment pass (EP) here. Read more at straitstimes.com.
Singapore: Retail Sales surprised to the upside in July – UOB
Senior Economist Alvin Liew and Associate Economist Jester Koh at UOB Group assess the release of Retail Sales in Singapore. Singapore’s retail sales increased 1.1% y/y in Jul, lower than Bloomberg’s ...
Singapore well-positioned to weather LNG supply disruption risks, says Shell
The liquified natural gas (LNG) market remains tight but Singapore’s long-term contracts with reliable suppliers should ensure there are no shortages, noted a leading energy sector executive. Read ...
SoftBank’s Arm seeks to raise up to US$4.87 billion in anticipated IPO
Arm will offer 95.5 million American depositary shares for US$47 to US$51 each, the company said in a filing Tuesday.