WHEN regular trade between Singapore and Switzerland kicked off in the 1830s, it was not clocks and watches but Swiss-made sarongs – brightly-coloured woven and printed textiles – that were the main ...
World Leaders to Descend on Singapore for the 10th Milken Institute Asia Summit, Celebrating a Decade of Progress, Action, and Impact
Milken Institute Asia Summit, taking place from September 13 – 15, will convene regional and global leaders to discuss a wide range of issues and challenges shaping the Asia Pacific region, including ...
Tech firms still the second largest driver of office demand in Singapore
This sector accounted for a fifth of new leases in H1. According to Cushman and Wakefield, financial and professional services firms in Singapore have partially offset a slowdown in tech office demand ...
Banks to charge for use of Singdollar cheques by Nov 1, to stop taking corporate cheques by end-2025
DBS, OCBC, UOB, Citibank, Maybank, Standard Chartered and HSBC – will start charging for the use of Singapore dollar-denominated cheques by Nov 1. Read more at The Business Times.
More businesses in Singapore going cashless despite resistance
SINGAPORE: Cash piling up seems like the ideal outcome for any business, but restaurateur Guy Wachs found the process of collecting, counting and banking all those notes and coins so time-consuming ...
Singapore Bourse May Be Stuck In Neutral On Tuesday
The Singapore stock market has moved higher in five straight sessions, gathering more than 100 points or 3.2 percent along the way.
Timber flooring firm director gets jail for cheating 3 banks into granting over S$2m loans to pay suppliers
The founder of flooring company Jason Holdings was sentenced to three years’ jail on Monday (July 31) for deceiving banks into disbursing loans of slightly over S$2 million.
Singapore seeks to tighten money laundering audits for family offices
Singapore's central bank said on Monday it was proposing measures to tighten money laundering surveillance of family offices, which handle the financial affairs of the super rich. The Monetary ...
3 years’ jail for parquet firm founder who duped 3 banks into disbursing over $2m in loans
SINGAPORE - The founder of a parquet company was sentenced to three years’ jail on Monday for duping three different banks into delivering more than $2 million in loans. Jason Sim Chon Ang, 57, who is ...
MAS: End corporate cheques by end-2025, banks to charge for processing from 1 Nov
Many banks will charge for cheque processing from 1 Nov, MAS added. Why are cheque transactions being stopped?
OCBC’s Great Eastern in talks to buy MetLife Malaysian arm, sources say
The subsidiary of OCBC is said to be conducting due diligence on AmMetLife Insurance Bhd. and seeking regulatory approval.
OCBC’s Great Eastern in talks to buy AmMetLife, claim sources
A deal would see Great Eastern prevail in its pursuit of AmMetLife Insurance. The Singaporean firm was interested in acquiring the unit last year, even as Zurich Insurance Group AG had emerged as the ...
Singapore business investment forum launched
The Singapore Business Investment Forum (SBIF) was formally launched on July 29 to provide a new platform for Singaporean businesses in Cambodia as well as prospective investors from the city-state.
Singapore Aims to Phase Out Corporate Cheques by End of 2025
All corporate cheques will be phased out in Singapore by the end of 2025 amid the steady decline in use and the rising processing cost.
DBS Bank explains why it likes Amazon and Sea Limited
Sachin Mittal of the Singapore bank says there is no major threat to Amazon, and adds that it's bullish on Sea Limited despite competition from TikTok in Southeast Asia.
Overbought Singapore Bourse Called Higher Again On Monday
The Singapore stock market has moved higher in four straight sessions, gathering more than 100 points or 3.2 percent along the way.