With the recent Chocolate Finance saga putting the role of financial influencers under the spotlight, CNA looks at how these “finfluencers” build an audience and their motivations to share tips with ...
Singapore’s Ministry of Finance Budget director resigns ahead of GE2025, fifth civil servant to step down so far
SINGAPORE: The civil servant who oversaw the last two budgets has resigned amid speculation he may stand in the upcoming general election.
New Cold Storage, Giant owners expect to recoup $125m investment within months
SINGAPORE - Although DFI Retail Group has decided to offload its Singapore supermarket business to focus on other more lucrative businesses, the new owners of Cold Storage and Giant see new ...
Two veteran public servants to retire; new permanent secretary for finance from May 1
Mr Jeffrey Siow, second permanent secretary at the trade and industry, and manpower ministries, will retire on April 2 after 24 years in the public service, the Public Service Division (PSD) said in a ...
Trump outsources ‘Made-in-America’ investments to Singapore crypto firm
The US president’s Trump Media & Technology Group says it plans to work with Singapore-based Crypto.com on exchange-traded funds.
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
SINGAPORE] Around S$500 million in net withdrawals were made by Chocolate Finance’s customers – slashing the firm’s assets under management (AUM) by some 40 per cent – amid a “bank run” over the past ...
Most Common Scams in Singapore In 2024 – How Singaporeans Can Protect Themselves
E-commerce scams, job scams, phishing scams and investment scams had the most case reports in 2024. Almost 44% of cases resulted in losses of more than $2,000.
Singapore will maintain open economy, invest in maritime sector to be more efficient: SM Lee
Singapore will maintain an open economy and foster the growth of international trade while doubling down on its maritime sector to be more efficient, competitive and trusted. Senior Minister Lee Hsien ...
Singapore’s Temasek seeks CCI nod to acquire 10 pc stake in Haldiram
Singapore's sovereign wealth fund Temasek Holdings has sought approval from the Competition Commission of India (CCI) to acquire about 10 per cent stake in Haldiram Snacks Food ...
Chocolate Finance Says All Withdrawals From 10–18 March Have Been Paid Out
Singapore-based Chocolate Finance said it has completed processing all withdrawal requests submitted between 10 and 18 March.
Banking Circle’s BC Payments Gets In-Principle Nod for Payment License
BC Payments has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution (MPI) license.
SGX delistings: The inevitable shift in an evolving market
Over in the United Kingdom, the London Stock Exchange saw 88 delistings in 2024 versus only 18 new entrants, the most significant net outflow of firms since the US sub-prime crisis of 2008. According ...
Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline
SINGAPORE] Compared with stock exchange peers in South-east Asia, Singapore is an attractive listing destination for global firms, and does not solely depend on domestic companies for initial public ...
How financial literacy and trust can guide investment decisions towards better financial health
Fresh research shows that financial knowledge drives desirable and positive financial behaviours. Read more at straitstimes.com.
Microsoft to launch 3 new data centres in Malaysia by mid-year as part of US$2.2B investment
Almost a year after announcing a US$2.2 billion (S$2.9 billion) investment over the next four years in May 2024 to expand cloud and artificial int ...
Chocolate Finance withdrawal updates: All requests between March 10 and 18 successfully processed and paid out
SINGAPORE: All withdrawal requests made by Chocolate Finance cardholders between March 10 and March 18 have been successfully processed and paid out by the end ...