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Posted on 24/01/2024

HSBC says Indian bonds set for new era with US$100 billion flows

INDIAN bonds are likely to attract about US$100 billion of foreign inflows in the coming years, lured by the global bond index inclusion, according to HSBC Asset Management. Read more at The Business ...

Posted on 24/01/2024

FTSE Russell, crypto fund manager HashKey Capital launch three indices tracking digital assets

These include Bloomberg, S&P, MSCI and crypto exchange Coinbase. Hashkey’s Singapore arm said in December 2023 that it had received a full capital markets services licence from the Monetary Authority ...

Posted on 24/01/2024

Top Singapore sustainability technology company SGP Foods advocates sustainability and carbon crediting for food production and the environment

Pek Yun Ning, Chairman, CEO, and Founder of SGP Foods (www.sgpfoods.com), Singapore's best-performing technology company, understands that change is imperative. "Our survival as a species depends on ...

Posted on 24/01/2024

Scam syndicate allegedly involved in ‘fake friend’ calls busted in Singapore-Malaysia police operation

The Singapore Police Force (SPF) and Royal Malaysia Police have dismantled a syndicate believed to be involved in "fake friend" call scams targeting Singaporeans.

Posted on 24/01/2024

Singapore Shares May Snap Losing Streak On Wednesday

(RTTNews) - The Singapore stock market has moved lower in consecutive trading days, slipping more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just above the ...

Posted on 24/01/2024

Citibank Enhances Debit Card Benefits for Top-Tier Clients and is First Bank in Singapore to Partner Mastercard in Tree Restoration Initiative

Bank launches Citigold Private Client World Elite Debit Mastercard and joins Mastercard Priceless Planet Coalition; commits to restoring a tree with every S$1,000 spent on card SINGAPORE, Jan. 24, ...

Posted on 24/01/2024

EC World Reit explains process lapses leading to illegal mortgages, says property manager lent seals illegally

THE manager of EC World Real Estate Investment Trust (Reit) said its property manager in China lent seals and documents illegally to the sponsor, Forchn Holdings, for mortgage applications. This was ... ( read original story ...)

Posted on 24/01/2024

Crypto firm Terraform Labs files for bankruptcy in US after $40B crypto crash

Terraform Labs, the cryptocurrency firm behind the Luna and TerraUSD tokens, which crashed and wiped out an estimated US$40 billion in 2022, has declared bankruptcy in the U.S.

Posted on 24/01/2024

Singapore’s Turf Club faces closure after failure to keep the pace

Singapore – On a sunny Saturday afternoon in the far north of Singapore, a weekend ritual is in full swing. Racegoers at the Singapore Turf Club are crowded around banks of screens, studying the odds ...

Posted on 24/01/2024

Go green while growing your wealth: How a bank is creating opportunities for you to fight climate change

In line with the global shift towards sustainability, Citibank is helping its affluent clients do good for the planet through meaningful collaborations. Read more at straitstimes.com.

Posted on 24/01/2024

Nominee director fined after firm’s bank account was used to receive $620k in scam proceeds

SINGAPORE – A woman who acted as a nominee director of a local company was fined $3,000 after the firm’s bank account received more than $620,000 in scam proceeds. ( read original story ...)

Posted on 24/01/2024

Singapore’s rare U-turn on transport payment: will SimplyGo ‘policy blind spot’ become an election issue?

Public outcry over the issue is likely to have ‘shelf life’, analysts say, and is unlikely to be ‘deciding factor for how people will vote’. ( read original story ...)

Posted on 24/01/2024

New improved customs checks for goods traded between Singapore and Malaysia take effect

The MRA allows Singapore’s certified AEO exporters’ shipments to Malaysia to “enjoy fewer customs documentation checks and cargo inspections, and vice versa”, said Singapore Customs on Tuesday.

Posted on 23/01/2024

VCI Global secures first IPO consultancy deal in 2024 with Singapore-based firm

VCI Global (NASDAQ:VCIG) has been engaged by a Singapore-based Fin-MedTech Medical Group as its initial public offering consultant for its intended IPO on Nasdaq which is expected to be completed in ...

Posted on 23/01/2024

VCI Global Secures Its First IPO Consultancy Deal in 2024 With a Singapore-Based Fin-MedTech Medical Group

VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has been engaged by a Singapore-based Fin-MedTech Medical Group (the “Medical Group”) as its initial public offering (“IPO”) ...

Posted on 23/01/2024

Singapore golfers Chen Xingtong and Aamiya Koul eye a spot at HSBC Women’s World Championship

SINGAPORE – A pair of ladies’ golf clubs gifted by her ... On Jan 24 and 25, she will compete in the local qualifying tournament for the HSBC Women’s World Championship held here from Feb 29 to March ...

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