As socially responsible investing has gained popularity in the last decade, with a focus on environmental and social welfare, the term “sin stock” has expanded to include stocks that might have been ...
Singapore’s Southern IX Performing Arts acquires popular South Korean artiste training school, aims 2025 IPO
The Southern IX team was involved in the creation of now-defunct K-pop groups Skarf and OhBliss, among others. As part of the entertainment company’s expansion plans, Southern IX CEO Alan Chan is ...
Singapore determined to respond to financial crime
SINGAPORE: Singapore faces greater money laundering and terrorism financing risks than other countries because it is an international finance and business hub, says Prime Minister Lawrence Wong. “But ...
Singapore Needs Reforms to Revive Its REITs
Activist investors are agitating to balance a playing field tilted against them. Regulators must also do their bit.
Singapore is world’s most expensive city
Singapore has reaffirmed its position as the world’s most expensive city, according to Julius Baer’s The Global Wealth and Lifestyle Report 2024. The city has also secured its status as the priciest ...
Singapore Says It Has Seized $4.4 Billion in Dirty Money Since 2019
Authorities in the city-state reported that money laundering activities are increasingly sophisticated and involve large sums, affecting many victims across borders.
Singapore stocks inch up on Wednesday as May factory output beats forecasts
SINGAPORE stocks ended slightly higher on Wednesday (Jun 26), as the city-state’s factory output data beat forecasts in May. Read more at The Business Times.
Singapore seized $6 billion in dirty money since 2019
Singapore has seized S$6 billion ($4.4 billion) linked to criminal and money laundering activities over the past five years, of which about half of these illicit assets were from last year’s record ...
Singapore Says Seized More Than $4 Billion In Dirty Money Since 2019
Last week, financial authorities said the banking sector, including wealth management, was "assessed to pose the highest money laundering risks to Singapore". They added that banks were "more easily ...
Challenges to Singapore’s semiconductor surge: high costs, limited space and regional rivalries
Singapore is attracting major semiconductor investments, thanks to its strong labor force, advanced research capabilities, and solid manufacturing infrastructure.
Its advantage Singapore over Cayman Islands under new RBI rules
Singapore is set to emerge as the preferred jurisdiction over the current favourite Cayman Islands for outward remittances following the recent relaxation in rules by the Reserve Bank of India (RBI), ...
Asset recovery a priority in Singapore’s national anti-money laundering regime: PM Wong
said the Finance and Home Affairs ministries and the Monetary Authority of Singapore in a joint statement on June 26. The CPC empowers the authorities to order any individual or entity to produce ...
Determined to respond to financial crime risks: Singapore PM Wong
Singapore published a national asset recovery strategy report as part of its efforts to enhance its anti-money laundering ...
Singapore’s anti-money laundering efforts led to seizure of S$6bil in criminal proceeds since 2019
said the Finance and Home Affairs ministries and the Monetary Authority of Singapore in a joint statement on June 26. The CPC empowers the authorities to order any individual or entity to produce ...
Singapore unveils asset recovery strategy to protect its financial crown jewel
The city state is determined to combat money laundering and terrorism financing to safeguard its reputation, PM Lawrence Wong said.
Lessons from S$3b money laundering case will strengthen Singapore’s approach to tackling threat: PM Wong
In his first comments on the case since it concluded, Mr Wong, who is also Finance Minister, said: “Our approach has enabled us to take quick and strong enforcement action against criminals who try to ...