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 ...)
Man charged after he allegedly transferred almost $900 to finance terrorist group
Bangladeshi construction worker faces 15 charges under Terrorism (Suppression of Financing) Act. . Read more at straitstimes.com. ( read original story ...)
State-Run Insurer LIC Leads Big IPOs To Watch In Asia Next Year
The queue of jumbo listings in Asia next year includes the worlds second-largest battery maker in Seoul and an insurer with more than 1.2 million agents and 100,000 employees in Mumbai. ( read original story ...)
Wirecard funds supposedly held in trust by Citadelle with OCBC confirmed to be just a fraction of initial claims
AS WIRECARD'S insolvency administrator seeks to unravel the mischief done at the payments group, details about the extent of the fraud are ... ( read original story ...)
Global logistics real estate specialist GLP eyes US IPO
Sources within GLP told The Washington Post that the public company will manage about $100 billion in U.S. logistics real estate assets. ( read original story ...)
OCBC’s new industry program preps S’porean students for fintech jobs
As Singapore’s tech talent shortage amid growth in fintech jobs grows, banks and IHEs are working to address the imbalance. ( read original story ...)
Singapore’s UOB Asset Management, Singtel launch robo-advisory service
Singapore’s UOB Asset Management and Singapore Telecommunications (Singtel), the city state’s largest telecommunications company, have teamed up to launch a robo-advisory service exclusively on Dash, ... ( read original story ...)
A Look Into The Shareholding Pattern Of IPO-Bound Snapdeal
Ecommerce major Snapdeal has joined the list of startups waiting to go public in 2022. It has filed its draft red herring prospectus (DRHP) for a fresh issue of shares worth INR 1,250 Cr and an offer ... ( read original story ...)
From Trading Desk to Noodle Stall: A Singapore Success Story
When his dad was diagnosed with cancer, equities broker Watson Lim took over the family business—and hasn’t looked back. ( read original story ...)
Man charged after allegedly setting up company and bank accounts for unlicensed moneylender
A 54-year-old man who allegedly set up a company and two corporate bank accounts for an unlicensed moneylender in exchange for having his debts written off was charged on Wednesday (Dec 22). ( read original story ...)
In a record year for IPOs, who did well, and who didn’t
H aving undergone a bit of a lean year in 2020 for IPOs, hopes were high that 2021 would be a better one for the London IPO market. This year we’ve seen more new issues come out of the blocks with ... ( read original story ...)
Investment banking fees in Singapore surge 34.4% to hit US$1b in 2021 to date
This comes as mergers and acquisitions activity in Singapore witnessed a record period of deals. . Read more at straitstimes.com. ( read original story ...)
Man charged for allegedly setting up company and bank accounts for unlicensed moneylender
SINGAPORE: A 54-year-old man who allegedly set up a company and two corporate bank accounts for an unlicensed moneylender in exchange for having his debts written off was charged on Wednesday (Dec 22) ... ( read original story ...)