Goldman Sachs Singapore will pay US$122 million (S$165 million) to the Singapore Government for its role in the 1Malaysia Development Berhad (1MDB) bond offerings corruption scandal. ( read original story ...)
470,000 Singaporean workers to get $810 million in Workfare Special Payment this month: Finance Ministry
SINGAPORE - Some 470,000 lower-income Singaporean workers who are on the Workfare Income Supplement (WIS) scheme will receive $810 m Special Payment (WSP) in Oct ... ( read original story ...)
BlockShow returns in 2020, partners with Singapore central bank’s fintech event
BlockShow has partnered with the Monetary Authority of Singapore to curate blockchain discussions for its five-day FinTech conference. ( read original story ...)
Singapore fines Goldman Sachs $165 million over 1MDB corruption scandal
The penalty is believed to be the largest-ever imposed here, far exceeding the $13.3 million slapped on BSI Bank, whose Singapore unit was shut down in 2016 for its role in the scandal. The fine is on ... ( read original story ...)
Mastercard and Atlantis partner to enhance digital banking experience for consumers
Mastercard is partnering with Atlantis, a financial technology company headquartered in Singapore, to provide users with a technology solution that will enable them to enjoy a best-in-class digital ... ( read original story ...)
Ripple Considers Japan, Singapore If Blockchain Firm Leaves U.S.
Japan, Singapore, Switzerland, the U.K. and the United Arab Emirates are potential destinations, Chief Executive Officer Brad Garlinghouse said in an interview. Load Error “The common denominator ... ( read original story ...)
Fraudsters ‘impersonated BP and Total’ to obtain finance, Singapore court rules
Fraudulent commodities traders impersonated oil majors BP and Total in order to obtain financing from the National Bank of Oman (NBO), according to a first-of-its-kind ruling in Singapore’s High Court ... ( read original story ...)
Singapore Airlines is launching the new world’s longest flight that will see flyers spending almost 19 hours on a plane nonstop
Singapore Airlines just announced plans to fly non-stop between Singapore and New York in what will be the world's longest scheduled flight when it launches next month. Load Error The new route will ... ( read original story ...)
Singapore Quells Virus ‘Fire,’ Sees Last Phase of Pandemic Curbs
(Bloomberg) -- Singapore is looking to ease up more on pandemic curbs, with the size of social gatherings possibly raised to eight, in a further step toward normalized activity as new daily ... ( read original story ...)
This billionaire had to knock millions off his Singapore luxury penthouse to sell it
Wallich Residence Billionaire vaccum-cleaner tycoon James Dyson and his wife are selling their Singapore penthouse for S$62 million ($46 million), just a year after they reportedly paid S$73.8 million ... ( read original story ...)
Employers in Singapore reminded to ensure accurate CPF contributions ahead of 29 October JSS payout
From 29 October 2020, more than 140,000 employers in Singapore will receive payouts totalling over ... According to a press release by the Ministry of Finance (MOF), with this payout, over S$21.5bn of ... ( read original story ...)
Singapore to give SGD 5.5 billion to 140,000 companies to help them during COVID-19 pandemic
With the October payouts, more than Singapore dollars 21.5 billion (USD 15.8) in JSS support would have been given out, said the Ministry of Finance and Inland Revenue Authority. Meanwhile, Singapore ... ( read original story ...)
NTU spin-off firm Nanofilm may raise up to $376m in Singapore IPO
Nanyang Technological University’s (NTU) spin-off company Nanofilm Technologies is heading for a mainboard listing on the Singapore Exchange, with Temasek Holdings as a substantial shareholder,” the ... ( read original story ...)
Police warn of new type of phishing scam involving advertisements, lucky draws from fake bank websites
SINGAPORE: The police on Monday (Oct 19) warned members of the public of a new type of phishing scam involving fake advertisement campaigns and ... ( read original story ...)
Singapore-based financial firm offers flexible loans to MSMEs
MORE and more financial institutions are helping micro, small and medium enterprises (MSMEs) rebuild their businesses through flexible ... ( read original story ...)
Singapore Is The First Nation Using Facial Recognition For Paying Taxes
Singapore is seeing online government services being accessed by facial recognition. This is the first of its kind anywhere in the world, as per a report in AFP. This technology is being used in the ... ( read original story ...)