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 ...
Singapore to strengthen laws on asset recovery to beef up anti-money laundering regime
according to a report detailing Singapore’s national asset recovery strategy. Such assets may include luxury items such as fine art, antiques, investment-grade wine, vessels, and animal livestock like ...
30 Wealthiest People in Singapore
According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024.
Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run?
These four Singapore stocks are seeing their share prices shooting up, but can they continue to do so? The post Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They ...
Analysis-Singapore Port Congestion Shows Global Ripple Impact of Red Sea Attacks
Global port congestion has reached an 18-month high, with 60% of ships waiting at anchor located in Asia, maritime data firm Linerlytica said this month. Ships with a total capacity of over 2.4 ...
The Wealthiest Person in Singapore
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the ...
Shein’s CEO and massive IPO are both incredibly secretive—and it’s because of the backlash for allegedly using forced labor to make its dirt-cheap clothing
Shein, the Chinese-linked $64 billion fast-fashion giant monopolizing teens’ wallets, filed for a long-awaited IPO listing on London’s Stock Exchange earlier this month. And, in typical Shein fashion, ...
Australian Stocks: The Buzz Around Guzman y Gomez After a Stellar IPO
Among the trending Australian stocks, Guzman y Gomez Ltd. (AU:GYG) made its debut on the ASX with a stellar IPO on June 20, gaining more than 35% ...
Allied Blenders IPO: Rs 449 Cr Raised from Anchor Investors
Allied Blenders and Distillers, maker of Officer's Choice Whisky, has raised Rs 449 crore from anchor investors ahead of its IPO. The IPO will open for subscription on June 25th.
IPO screener: Allied Blenders issue opens today at ₹267-281 price band
Allied Blenders IPO offers equity shares through Book Building Process, with a price band of ₹267-281. IPO opens on June 27.
Singapore pips Hong Kong as world’s most expensive city to live ‘extremely well’
Singapore retained the title, with London and Shanghai in third and fourth place, respectively. Monaco rounded out the top five. Shanghai dropped one spot from last year while London climbed one place ...
Foxconn to invest $383 mln in Vietnam circuit board plant, says state media
Foxconn Singapore has been awarded a licence to invest $383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday.
Foxconn to invest $518 million in Vietnam circuit board plant: Report
The plant in the northern province of Bac Ninh will produce 2.79 million products a year. Read more at straitstimes.com.
Online Retailer Shein Files for Confidential IPO in London, Report Says
Fashion retailer Shein has confidentially filed to go public in London, according to a Reuters report, after its plans to list in the U.S. were disrupted by the trade war with China.Shein submitted ...
Alibaba Rival Shein Confidentially Files London IPO Filing Amid US Regulatory Hurdles On Chinese Firms: Report
Shein, the fast fashion behemoth and rival to Alibaba‘s online fashion arm, reportedly filed for an initial public offering (IPO) in London. This move comes amid the company’s ongoing struggles with ...