SINGAPORE: Singaporeans are reducing their debt levels as high interest rates discouraged them from taking new loans and healthy income growth helps them pay off their obligations, the central bank ... ( read original story ...)
Property agent convinced 80yo woman to set up joint bank account with him containing S$462,300 in sale proceeds
SINGAPORE: A property agent who sold a condominium unit for an 80-year-old woman convinced her to set up a joint bank account with him containing the S$462,300 in sale proceeds. 58-year-old Louiis ... ( read original story ...)
Singapore floats two design options to bidders for planned FSRU
LNG buyer Singapore is looking at two different design concepts for its long-planned floating storage and regasification unit-based second import facility as selected bidders are invited to join a ...
Singapore canes, jails ‘sick and depraved’ man for sexually abusing girl he wanted to adopt
The man, 39, was sentenced to 10 years’ jail and nine strokes of the cane for engaging in a sexually exploitative relationship with someone aged 16-18.
Nearly 8 in 10 of Singapore’s wealthiest investors will divest from non-sustainable firms
Financially abundant investors prioritise ESG and sustainability factors the most when investing. ESG has further climbed up the ladder of priorities of Singapore’s wealthiest or “financially abundant ...
Singapore-based think tank raises red flags on Maharlika
The Maharlika Investment Fund (MIF) has a “strong legal framework,” but has potential risks such as the possible misuse of funds and a lack of accountability, according ...
Income Investing: How A Consistent Income Stream Can Help Fight Inflation And Manage Market Volatility
Income investing can provide both a safety buffer and the opportunity for growth in an unpredictable and high-inflation environment.
Shein IPO Is In the Works: What You Need to Know
The initial public offering (IPO) world is buzzing on news Singapore-based fast-fashion retailer Shein has filed confidential paperwork to go public in the U.S. While details are sparse, reports ...
Shein’s IPO Plan to Fuel Scrutiny Over Cotton, Roots in China
Fast-fashion retailer Shein has a lot of work to do to convince skeptics that the runway is clear for it to launch an initial public offering next year.
TikTok faces Singapore civil lawsuit from K Shanmugam over ‘false, baseless’ claims of extramarital affair
Singapore’s Law and Home Affairs Minister K Shanmugam has launched a civil lawsuit against social media giant TikTok requiring they identify three users who, he said, spread false allegations of an ...
Shein’s IPO could raise billions. Here’s what to know about the secretive Chinese-founded retailer.
A stock sale "will shine a spotlight on the business model and financials" of the fast-fashion giant about which little is known, said one analyst.
Singapore to start technical studies into ‘Long Island’ off East Coast; reclaimed land could be twice the size of Marina Bay
The reclaimed "Long Island" will be around 800ha and will have a freshwater reservoir as well as new recreational and possibly even residential spaces.
Singapore’s central bank chief Ravi Menon sees private cryptocurrencies failing: ‘they will eventually leave the scene’
During a panel discussion hosted by the Hong Kong Monetary Authority, Ravi Menon said regulators are moving toward a system of stablecoins that are fully backed by high-quality government securities ...
Serial Singapore upskirter admits cutting hole in shoe to take voyeuristic videos of victims
Tham Heng Yew, 31, told investigators that he had taken the videos ‘to reduce his stress and anxiety’ despite knowing it was an offence as he was feeling depressed.
Reddit leads class of 2024 IPO candidates testing the water
Kim Kardashian’s Skims underwear label, valued this summer at US$4 billion, is discussing strategic options including an IPO.
Visa and Standard Chartered to make instalment payments more seamless for Asia Pacific credit cardholders
Singapore – Visa and Standard Chartered (“the Bank”) have entered into a regional partnership to accelerate the seamless delivery of instalment payment options to the Bank’s Visa credit cardholders ...