SINGAPORE: Ng Yu Zhi’s lawyer on Friday (Nov 29) accused investor Veronica Shim Wai Han of caring only about generating income from his client’s nickel investment scheme, and not about whether the ...
$1.5b nickel-trading scam: Defence accuses investor of caring only about revenue
Ng is accused of masterminding a nickel-trading scam that attracted $1.46 billion from 947 investors over six years, and allegedly used the invested funds to finance his lavish lifestyle. Ng told ...
Amazon invests over $2b in Singapore businesses in 2023
The investment includes spending on infrastructure improvements and technology upgrades. Amazon has invested more than S$2b in Singapore this year across its retail and cloud businesses. The ...
Singapore stocks rise on optimism over rebound in real incomes, easing inflation
SINGAPORE - Stocks in Singapore ended higher on Nov 28 after the Republic reported a rebound in real incomes for 2024, according to preliminary estimates, as inflation eased. A Ministry of Manpower ...
‘Many possibilities’: Singapore, Shanghai eye closer cooperation as leaders meet
A troubled international environment means like-minded partners must work harder to find ways to cooperate, said Singapore Senior Minister Lee Hsien Loong in a meeting with Shanghai party chief Chen ...
‘Great prospects’ for Singapore and Shanghai to draw closer: SM Lee, Shanghai CPC chief
SHANGHAI] Singapore and China’s financial capital Shanghai can draw closer with many more possibilities for collaboration, Senior Minister Lee Hsien Loong and Shanghai party chief Chen Jining said on ...
Banks in Singapore can withstand multiple shocks: MAS
MAS's survey also showed that Singapore’s financial institutions are most worried about uncertainty in the macroeconomic environment, especially a slowdown in growth and a resurgence in inflation.
Singapore banks well-positioned to manage challenges: MAS
The banking system has strong capital and liquidity buffers, the central bank said. Singapore’s banking system is well-positioned to manage challenges to its macro financial outlook, according to the ...
Singapore, Thailand to work together on carbon credits, food security: PM Wong
Prime Minister Lawrence Wong also announced that Singapore will host Thai civil servants on scholarships to study in some master’s programmes at universities here.
Amazon invests over S$2 billion in Singapore, creating over 10,000 jobs in 2023
Amazon invested over S$2 billion in Singapore in 2023, creating more than 10,000 indirect jobs. The investment spans retail and cloud services, supporting businesses and digital transformation.
Singapore remains a strong contender for Asia Pacific real estate investment in 2025
The report reveals that Singapore ranks just behind Tokyo, Osaka, and Sydney on the City Investment Prospects list.
Can SGX afford to wait up to a year for reforms?
Even as SGX RegCo works on improving when and how it queries companies, the net can perhaps be cast wider to address friction in other areas ...
Singapore’s financial system can weather geopolitical uncertainties: MAS
A review by the central bank has shown that Singapore's financial system is able to weather heightened geopolitical uncertainties in the year ahead. The Monetary Authority of Singapore looked at how ...
CICT’s Tony Tan on Singapore’s office and retail future
This interview is an extract from senior correspondent Leslie Yee’s PropertyBT Podcast. The transcript has been edited for length and clarity. Read more at The Business Times.
Singapore stocks edge lower as tariff concerns weigh on investor sentiment; STI down 0.1%
SINGAPORE – Local shares dipped on Nov 27, mirroring a mixed regional performance as investors digest the threat of President-elect Donald Trump’s tariffs. The Straits Times Index (STI) fell 0.1 per ...
Pharma giant Sanofi opens $595 million vaccine facility in Singapore to boost preparedness for potential pandemics
The Singapore facility is part of Sanofi's 900 million euro investment to develop two new EVFs globally over five years. The other facility will be in Neuville-sur-Saône, France. SINGAPORE — French ...