Hyundai Motor India's ₹27,870-crore initial public offering (IPO) witnessed a steady response on first day of subscription. Within two hours, the offer's 10% got subscribed- the retail portion was ...
Son of Singapore’s founding PM Lee says he plans to demolish family home
By Xinghui Kok SINGAPORE (Reuters) -The youngest child of Singapore's founding Prime Minister Lee Kuan Yew said on Tuesday he would apply to demolish the statesman's home in line with his wishes, ... ( read original story ...)
Prosecution calls for up to 66 months’ jail for man linked to loan ruse; 2 banks duped of over $1.2m
SINGAPORE - By using false statements, a man worked with a female accomplice to dupe two banks into disbursing loans totalling $1,218,000 starting in 2014. According to court documents, Standard ...
OCBC, Disney to begin five-year collaboration in Singapore, Malaysia, Indonesia
OCBC and Disney have announced a five-year strategic collaboration across three of the Singapore bank’s five core markets – Singapore, Malaysia and Indonesia. Read more at The Business Times.
Singapore seeks to jail former oil tycoon OK Lim for 20 years for cheating HSBC
SINGAPORE: Singapore’s former oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in a trading scandal that will go into the history books as one of the biggest in the ...
Singapore stocks rose on Tuesday—STI climbed 0.6%
SINGAPORE: Singapore stocks rose on Tuesday, Oct 15, following gains in overseas markets the night before. The Straits Times Index (STI) climbed 0.6%, gaining 22.58 points to reach 3,618.49 by 9:01 am ...
Singapore eyes 15% top-up tax on MNEs to prevent foreign tax losses
The MTT will apply to Singapore-based large multinational enterprises (MNEs) that hold entities in lower-tax foreign jurisdictions. These companies must pay a top-up tax if their entities have an ...
$43M deepfake crypto romance scam leads to arrests of Hong Kong university graduates
Hong Kong authorities have identified a fraud syndicate that used deepfake technology to run a $43 million cryptocurrency romance scam. The operation resulted in the arrest of 27 individuals, ...
Singapore SMEs continued to expand in Q3, except for ICT: OCBC
SINGAPORE - Singapore’s small and medium-sized enterprises (SMEs) extended their growth momentum for a second consecutive quarter, according to the latest OCBC SME Index released on Oct 15.
Dyson layoffs: Singapore needs to find balance between protecting workers, business flexibility, says MOM
In some other countries, unions and employers have a more confrontational relationship, and that makes a country less attractive for companies to invest in, said Senior Minister of State for Manpower ...
Son of Singapore’s Founding PM Lee Says Plans to Demolish Family Home
SINGAPORE (Reuters) - The youngest child of Singapore's founding Prime Minister Lee Kuan Yew said on Tuesday he would apply to demolish the statesman's home in line with his wishes, following the ...
Singapore Seeks to Jail OK Lim for 20 Years for Cheating HSBC
Singapore’s former oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in a trading scandal that will go into the history books as one of the biggest in the global energy ...
Sunway bolsters presence in Singapore with latest land buy
Sunway Bhd’s latest acquisition will beef up its presence in the Singapore property market after it secured another piece of land in the city-state. ( read original story ...)
AGC seeks 20 years for OK Lim’s jail term, defence asks for 7 years
LIM Oon Kuin, founder of liquidated oil trader Hin Leong Trading, could be staring at a jail term of 20 years for his three cheating and forgery charges, if prosecution succeeds in persuading the ...
Prosecutors seek 20 years’ jail for Hin Leong oil tycoon OK Lim, 82
Lim Oon Kuin, once lauded as a successful businessman in Singapore's oil trading industry, was plunged into legal troubles after the sudden collapse of Hin Leong Trading in 2020 amid fraud allegations ...
Singapore SMEs extend expansionary momentum in Q3, buoyed by broad-based growth: OCBC
SINGAPORE’S small and medium-sized enterprises (SMEs) extended their growth momentum for a second consecutive quarter in Q3, according to the latest OCBC SME Index released on Tuesday (Oct 15). Read ...