Banks in Singapore, including Citigroup and DBS Group Holdings, are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows.
Citi, DBS Reportedly Entangled in Singapore’s Money Laundering Case
Citi (C.US) and DBS, which are entangled in Singapore's biggest money laundering scandal, are stepping up scrutiny of wealthy clients and potential customers to avoid illicit m... Private bankers at a ...
Vietnam to let companies import gold for first time in years, industry official says
SINGAPORE — Vietnam is expected to allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an ...
Singapore shares rose again on Tuesday—STI rose by 0.2%
SINGAPORE: Singapore shares rose again on Tuesday, June 11, influenced by slight gains in US stocks the previous day. The Business Times reported that the Straits Times Index (STI) rose by 0.2%, ...
Cellular IoT Module Shipments and Revenue Decline
Higher-speed IoT devices still primarily use LTE Cat-4 and higher Cat LTE-A technologies but ... Sigfox, under the management of Singapore-based UnaBiz since 2022, saw its installed base of devices ...
Daily Cuts – Rising rent and space constraints at Singapore’s student hostels
Prices of student hostels here have been on the rise, with the highest increase so far seen for units at the Singapore University of Technology and Design. Rachael Anthony, CNA938 intern, a returning ...
Singapore is set to lead the gold market as ‘center of gravity’ shifts east, World Gold Council says
Singapore is set to become a leading gold hub as trading shifts east, said the World Gold Council's Head of Asia-Pacific and Global Head of Central Banks, Shaokai Fan. The country's proximity to these ...
Singapore Airlines offers $10,000 to passengers hurt by turbulence
Singapore Airlines said Tuesday it has offered $10,000 compensation to passengers who suffered minor injuries on a flight hit by violent turbulence last month and will discuss higher payouts with ...
Singapore Air offers turbulence victims compensation
Singapore Airlines has offered to pay compensation to those who were injured on a London to Singapore flight that encountered severe turbulence.In a social media post, the airline said it was offering ...
Singapore Airlines offers compensation to passengers on severely turbulent flight
Singapore Airlines has sent offers of compensation to passengers on board a flight last month that encountered severe turbulence that led to dozens of injuries and one death, the carrier said on ...
Singapore ‘chope’ culture causes confusion in Australian food court
Despite the strong 'chope-ing' culture here, it can be met with confusion in other countries. Australian Chloe Baradinski posted a TikTok about an interaction she had during peak hour at a food court ...
Google to invest US$5 billion to complete next phase of Singapore Data Center and Cloud Region campus expansion
Google announced the completion of its latest data center and cloud region campus expansion in Singapore. This milestone brings the company's total investments in technical infrastructure in the ...
Standard Chartered targets double-digit annual growth in international banking over next 3 years
SINGAPORE: Standard Chartered aims to expand its international banking business, as revealed by James Lye, the head of the bank’s international banking division, in a recent press interaction on June ...
OCBC going bigger on tech as it looks to support Chinese firms
SHENZHEN: OCBC Bank’s plan to expand its software engineering team will give a leg up to the lender’s corporate banking business, says its executives in the high-tech hub of Shenzhen. Singapore’s ...
Exclusive-Vietnam to let companies import gold for first time in years, industry official says
Vietnam is expected to allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an industry official ...
Top 20 Singapore-listed China-related stocks see median total returns of 8.4% so far this year
Leading the pack was Yangzijiang Shipbuilding, which generated total returns of 67.9 per cent year-to-date. Read more at straitstimes.com.