EVEN as many initial public offering (IPO) aspirants seek to list in the US, the recent experience of some Singapore companies has been less than positive. Read more at The Business Times.
Singapore Money Laundering Scandal: Single-Family Offices Linked to Major Money Laundering Case
Singapore, renowned for its robust financial sector and stringent regulatory framework, has been thrust into its largest-ever money laundering scandal, involving six single-family offices (SFOs) and a ...
Citigroup Cuts 500 Jobs in Singapore as Part of Global Strategy
Citigroup Inc. has laid off about 500 employees as part of a global restructuring effort and now has about 8,000 employees.
Singapore FinTech Festival 2024 to take place from 6-8 November, spotlight on artificial intelligence and quantum technology
Elevandi, and Constellar, in collaboration with The Association of Banks in Singapore, SFF 2024 will examine the transformative potential of artificial intelligence (AI) and quantum computing in ...
Citibank Singapore downsized staff by 500 jobs
SINGAPORE: Citigroup’s workforce in Singapore has decreased by 500 people. Last October, the US investment bank and financial services company employed 8,500 full-time and contract staff, which has ...
Unlock Your Future Income: 3 Top Singapore REITs to Consider Now
Despite facing the challenge of higher operating expenses and increasing borrowing costs, these three well-managed REITs have demonstrated commendable performance. The post Unlock Your Future Income: ...
Citi S’pore workforce shrinks after restructuring; bank says city state remains a key hub
following the US lender’s sweeping global restructuring that it says promotes faster decision-making and will thus help it better capture wealth and trade flows between Singapore and the region. The ...
Me & My Money: Finance exec recalls early head start poring over business news with his parents
SINGAPORE - One of Mr Ayaz Ebrahim’s fondest memories from his younger years is of time spent with his parents as they pored over financial reports in the newspapers and on the evening news on ...
309 suspects linked to Singapore scams involving over RM35 million in losses under probe
SINGAPORE (The Straits Times/ANN): A total of 309 suspects ... members of the public should always reject requests by others to use their bank accounts or mobile lines, the police said. For more ...
S$30,000 love scam & S$10,000 debt: How these OCBC staff prevent customers from falling victim to scams and help with challenging bank issues
Another incident that stood out to Loke was an elderly lady trapped in a love scam. The woman came in for help to transfer S$30,000 to her “boyfriend” she met on Facebook messenger. “She was very ...
Is Investing in Gold Bullion and Using Safe Deposit Boxes in Singapore Worth It?
Investing in gold bullion and securing it in secure storage vaults in Singapore has become a consideration for building diversified investment portfolios that can hedge against market volatility and ...
Three tips to avoid buying unsuitable investment products
You should view all your investments seriously as your effort will determine whether you can have a good retirement. Read more at straitstimes.com.
S’pore draws just one IPO, Malaysia leads South-east Asia listings in first half of 2024
Singapore Institute of Advanced Medicine's US$20m is the smallest amount from an IPO in the region this year. Read more at straitstimes.com.
Hong Kong fines DBS Bank $1.3 M in money laundering scandal
The Hong Kong Monetary Authority has fined DBS Hong Kong HK$10 million for multiple breaches of anti-money laundering laws over a seven-year period.
Singapore to waive registration fee for short-term EV charger use
THE Singapore government is reducing the regulatory burden and lowering costs for businesses by making the application process for licences and regulatory approvals faster and better, said Minister ...
S’pore draws just one IPO, Malaysia leads Southeast Asia listings in first half of 2024
making Singapore the worst-performing market in South-east Asia for initial public offerings (IPO). The dismal result came in spite of intensified efforts to revitalise the Singapore Exchange (SGX), ...