More than half of Singapore respondents (56%) said AI helps them save time on research, with more women agreeing than men.
$3b money laundering case: 2 years’ jail for former bank employee implicated in saga
SINGAPORE - The bank employee whose role in a forgery case in 2021 contributed to the largest money laundering probe in Singapore was sentenced on Thursday (Oct 23) to two years' jail.Wang Qiming, 28, ...
$3b money laundering case: Second bank employee involved in saga handed prison sentence
SINGAPORE - A second bank employee embroiled in Singapore’s largest money-laundering case was sentenced to four months’ jail on Oct 24. Chinese national Liu Kai, 36, a former relationship manager at ...
Criminal trial judge erred in convicting ex-oil tycoon O.K. Lim of cheating: Defence lawyer
SINGAPORE - The criminal trial judge erred in convicting Hin Leong founder Lim Oon Kuin of cheating charges, argued Lim's lawyer Davinder Singh during a High Court hearing on Oct 24 on his appeal ...
Projected doubling of S’pore GDP by 2040 could see S$ on a par with US dollar, STI hit 10,000: DBS
A weaker US dollar could open more room for the Singdollar to appreciate over the coming years. Read more at straitstimes.com. Read more at straitstimes.com.
As stocks rally, more analysts are warning of a market bubble waiting to burst
Analysts warn of a potential market bubble in AI stocks, fueled by hype and high valuations, raising concerns about a sharp correction. Read more at straitstimes.com. Read more at straitstimes.com.
CNA938 Rewind – Singapore tops SEA’s IPO charts: What’s leading the surge and can it last?
Six IPOs, US1.5 billion, and a top spot in Southeast Asia – Singapore’s IPO scene is on a roll for Q3, 2025. Andrea Heng and Hairianto Diman find out what’s fuelling this momentum and what it will ...
Group CEO Lai on GXS Bank’s blueprint for scale, profitability and purpose
GXS Bank’s Group CEO Lai Pei-Si says the digital bank has a unique advantage as it is part of an ecosystem that serves millions of Singaporeans.
MAS puts retail ban on AT1s/T2s, Singapore banks mostly unharmed
Banks must insert clauses in agreements with intermediaries forbid retail sales, and MAS has told intermediaries not to facilitate retail access to such instruments. Capital instruments issued before ...
The rise of state-owned investment funds in Southeast Asia
Southeast Asian states increasingly see state-owned investment funds more as tools of national development than wealth generators.
Standard Chartered issues payment demand to mm2 Asia units over S$905,000 debt
[SINGAPORE] Standard Chartered has issued letters of demand to two associated companies of entertainment group mm2 Asia, seeking repayment of S$905,582.87 by Thursday (Oct 23). The letters, dated Oct ...
Former Citibank relationship manager jailed for involvement in billion-dollar money laundering case
Chinese national Wang Qiming, 27, held S$481,678 in laundered cash for Su Baolin. Two others involved in one of Singapore’s biggest money laundering cases, Su Haijin and Vang Shuiming, were also his ...
Standard Chartered issues payment demand to mm2 Asia units over $905,000 debt
Standard Chartered has issued a payment demand to mm2 Asia units for a $905,000 debt, adding to the entertainment group's financial troubles. Read more at straitstimes.com. Read more at ...
Singapore firms eye South Africa amid shake-up in global trade
Enterprise Singapore aims to connect participating firms with South African partners across sectors Read more at The Business Times.
Singapore’s Ultra-Wealthy Balance Stability and Growth with Barbell Strategy
Ultra-high-net-worth individuals actively utilize the so-called ‘Barbell Strategy.’ They secure stable returns on one side while pursuing long-term growth on the other,” said a family office operator ...
Former Citi banker jailed over role in Singapore money-laundering scandal
A former Citibank relationship manager pleaded guilty and was sentenced to two years in jail on Thursday in connection with helping a Chinese gang launder money into Singapore in one of the city-state ...