Prosecutors have said they are seeking documents from at least 10 financial institutions in relation to the case. Read more at straitstimes.com.
DBS, OCBC are creditors to alleged launderers’ Singapore firms
TWO of the biggest local banks in Singapore are creditors to suspects in a major money laundering scandal involving over S$1 billion of assets. Read more at The Business Times.
The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: Are They a Bargain?
The REIT sector has been under pressure over the past year, but could these REITs be a bargain waiting to be scooped up? The post The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: ...
Curbs on significant investment need not hurt Singapore’s reputation for openness
AT FIRST glance, Singapore’s planned curbs on “significant investments into critical entities” might seem like a bold and even uncharacteristic move for an economy that prides itself upon openness. In ...
Singapore stocks take cue from Wall Street gains; STI up 0.3%
SINGAPORE shares rose for the sixth straight session on Tuesday ... owing to lower revenue and higher finance costs.
Money Talks – Are T-bills and Singapore Savings Bonds worth investing in anymore?
Singapore’s Treasury Bills (T-bills) and Savings Bonds (SSBs) created a buzz with retail investors when yields hit record highs in end 2022. But since then, the returns have fallen, prompting many to ...
Oxley’s H2 loss deepens to $83.4 million on lower revenue, higher finance costs
SINGAPORE - Mainboard-listed property developer Oxley Holdings sank further into the red in the second half of the financial year ended Jun 30, 2023, with losses deepening to $83.4 million from $20.3 ...
Singapore’s BW LPG eyes dual listing in US
Singapore VLGC player BW LPG plans to seek a dual listing in the US, the company confirmed Tuesday. The Anders Onarheim-led shipowner gave few other details other than to say that information will be ...
Singapore: Crypto capital of the world
Singapore has emerged as a top contender as a global hub for cryptocurrencies, vying for the title of "crypto capital of the world” with other major jurisdictions. The city-state’s proactive ...
Singapore shares rise at Tuesday’s open after global market rally; STI up 0.4%
SINGAPORE stocks were pulled into positive territory on Tuesday (Aug 29) after global markets finished higher overnight. Read more at The Business Times.
How flexible are workplaces in Singapore? Employers and employees differ in view
Some 83% of employers think their workplaces offer flexible arrangements, while only 61% of employees feel so. Read more at straitstimes.com.
UPDATE 1-Sinopec says not interested in acquiring Shell’s Singapore refinery, petchem plant
By Alison Lui HONG KONG, Aug 28 (Reuters) - China's Sinopec Corp is not interested in acquiring Shell's refinery or petrochemical plant in Singapore, Sinopec President Yu Baocai said on Monday. The ...
More digital, more personal: Consumers seek personalised approach to how they spend, save and invest
Recent study found that more consumers are open to sharing financial data with banks in exchange for personalised offers and services. Read more at straitstimes.com.
Singapore exploring ‘new tools’ to ‘manage significant investments into critical entities’: Gan Kim Yong
Singapore is facing “significant challenges” in the global economy and there is a need to strengthen the country’s position as “a trusted hub for businesses to invest with confidence”, says Trade and ...
Singtel and Genting Singapore: Two SGX Dividend Stocks to Watch
SGX-listed companies Singapore Telecommunications Ltd., or Singtel (SG:Z74), and Genting Singapore Ltd. (SG:G13) are popular dividend stocks among ...
Singapore presidential race: opposition support for Tan Kin Lian ‘politicises’ contest, rivals say
Tharman Shanmugaratnam and Ng Kok Song have criticised Tan Kin Lian for 'politicising' the contest by securing endorsements from ruling party critics Political analysts suggest that the endorsements ...