Cybersecurity startup Snyk Ltd. is making preparations for an initial public offering that could happen as early as next year, according to people familiar with the matter.Most Read from ... ( read original story ...)
Caution: OCBC customers lose $140k in 10 days as scams spike by 8 times
SINGAPORE - OCBC Bank on Thursday (Dec 23) warned that there has been a sharp rise in the number of phishing scams via SMS impersonating it, with 26 customers losing a total of $140,000 to these scams ... ( read original story ...)
The State of Decentralised Finance in Southeast Asia 2021
Southeast Asia’s Decentralised Finance (DeFi) startups raised close to $1 billion in funding in 2021, up more than six times year-on-year. ( read original story ...)
Singapore Stock Market Has A Green Light For Friday’s Trade
The Singapore stock market has finished higher in three straight sessions, gathering almost 25 points or 0.8 percent along the way. The Straits Times Index now sits just above the 3,095-point plateau ... ( read original story ...)
Didi’s Early Investors Get Window to Exit After IPO Disaster
The end of a lock-up period after a new listing is often a triumphant time when pre-IPO investors can cash out and book profits. For Didi Global Inc., whose shares have lost more than half of their ... ( read original story ...)
Man charged over online transfers of nearly $900 to finance terrorist group
A man appeared in a district court yesterday after he allegedly transferred nearly $900 in total through online platforms to finance terrorist group Hay'at Tahrir al-Sham (HTS). . Read more at ... ( read original story ...)
Didi’s Early Investors Get Window to Exit After Disastrous IPO
The end of a lock-up period after a new listing is often a triumphant time when pre-IPO investors can cash out and book profits. For Didi Global Inc., whose shares have lost more than half of their ... ( read original story ...)
UnionBank to buy Citi’s retail unit
UNIONBANK of the Philippines, Inc. will buy the local consumer unit of Citigroup, Inc. for P55 billion, in a deal that could boost the local lender’s retail banking segment. ( read original story ...)
OCBC cautions public about SMS scams after customers lose $140,000 in 10 days
Scammers send SMSes purportedly from the bank claiming there are issues with customers' bank accounts or credit cards. . Read more at straitstimes.com. ( read original story ...)
At least 10 major Singapore companies have new chiefs this year
This year saw a bumper crop of at least 10 major companies in Singapore shaking up their top leadership with changes to their chief executive officer (CEO) postings. . Read more at straitstimes.com. ( read original story ...)
World Bank and Singapore Space & Technology launch Digital Earth Partnership Technology Challenge on Urban Heat
Singapore Space & Technology Limited (SSTL) announces the second year of its partnership with the World Bank Group, to organize a Digital Earth Partnership Technology Challenge focused on the ... ( read original story ...)
Indian student in Singapore, allegedly part of money laundering ring, sentenced to six months in jail
An Indian student in Singapore was on December 23 sentenced to six months in prison after he pleaded guilty to a charge each of conspiring to carry on the business of an unlicensed payment service and ... ( read original story ...)
Money mule from India-based money-laundering syndicate with Canadian victims jailed in Singapore
SINGAPORE: A man who came to Singapore from India to pursue a diploma was roped into a money-making scheme by a flatmate that turned out to be a money-laundering chain by a cross-border syndicate ... ( read original story ...)
Monetary Authority of Singapore fails to approve 100 licenses
Monetary Authority of Singapore, which noted that 103 companies dealing in digital assets in Singapore have failed to obtain their licenses. ( read original story ...)
LG Energy, LIC lead big IPOs to watch in Asia next year
The queue of jumbo listings in Asia next year includes the world’s second-largest battery maker in Seoul and an insurer with more than 1.2 million age ... ( read original story ...)
Binance’s regulatory setback in Singapore spurs shift in focus to Indonesia, Middle East
The world’s largest cryptocurrency exchange will wind down operations in the city-state. As some Asian governments try to balance regulation and investment, Dubai is ramping up plans to be a hub for ... ( read original story ...)