The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...
Two former execs get Singapore jail terms in first conviction for Wirecard case
TWO individuals have been sentenced to jail in the first Wirecard-related conviction in Singapore and globally. They pled guilty to charges for their role in the scandal. James Aga Wardhana, who was ...
Duo jailed for helping finance vice-president embezzle funds in first Wirecard conviction
The alleged mastermind, Wirecard Asia vice-president of controlling and international finance Edo Kurniawan, escaped Singapore before he could be apprehended. He is at large, with an Interpol red ...
Two Ex-Wirecard Asia Employees in Singapore Sentenced to Jail
Two former employees of Wirecard Asia Holdings Pte were handed prison terms in Singapore for their roles in conspiring to misappropriate money.
Singapore Airlines’ fortunes are soaring. And Hong Kong’s Cathay Pacific?
Singapore’s flag carrier has now hit a market value of US$17 billion – almost three times that of Cathay’s. Four years ago the difference was only about US$2 billion.
Asia is the most expensive region in the world according to spending patterns of the super-rich; Singapore takes top spot, report shows
The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...
Stock Market Live: Sensex, Nifty 50 poised for a negative start
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 75.5 ...
Operator Sim Leisure says took risk by buying over ‘failed’ Kidzania Singapore, Khazanah not involved in sale
After acquiring Kidzania Singapore for just S$110,000 or around RM380,000, Singapore-based theme park operator Sim Leisure Group Ltd (SLG) said state sovereign fund Khazanah Nasional Bhd was never ...
Traveloka launches pilot climate action checkout for Singapore consumers in partnership with South Pole
Traveloka users in Singapore will be able to purchase carbon credits and contribute to global climate action when booking flights on the platform. The revenue generated will be invested in wastewater ...
OCBC ups stake in insurance arm Great Eastern to 88.4%
The move came despite Great Eastern being a drag on the bank’s performance in recent quarters. Read more at straitstimes.com.
How have Singapore IPOs been performing?
We take a look at the stock prices of recent high-profile Singapore-linked IPOs. They are Grab, PropertyGuru, Nio, Ohmyhome, and GoTo.
Singapore SMEs encouraged to implement flexible work arrangements
Smaller companies may face some challenges when it comes to implementing flexible work measures. Read more at straitstimes.com.
Singapore Airlines trounces Hong Kong’s Cathay Pacific in battle for the skies
THE fortunes of Singapore Airlines and Cathay Pacific Airways, the flagship airlines of two of Asia’s most important financial hubs, differed during the pandemic and continue to diverge in its ...
Copper miner Amman Mineral raised $715 mln in Indonesia’s biggest IPO this year – sources
Indonesian copper miner Amman Mineral Internasional raised 10.73 trillion rupiah ($715.81 million) in the country's biggest initial public offering (IPO) this year, according to a source with direct ...
PE firm TPG exits Shriram Finance; sells entire stake for Rs 1,390 crore
TPG India Investments II Inc — offloaded the shares of non-banking financial company Shriram Finance Ltd in 18 tranches.
Some Silicon Valley Bank Customers Still Owe Loan Payments Despite Losing Their Deposits, Report Says
Asia-based clients of Silicon Valley Bank were not protected by the U.S. banking regulator's deposit protection after the bank collapsed in March—meaning those ...