The bank’s OTC Clear membership will give it access to clearing services for over-the-counter (OTC) derivatives in cross currency swaps and interest rate swaps (IRS) for HKD and CNH. Central clearing ...
Crypto miners and traders are closing up shop across Asia – Rest of World
Sean, a limited partner investor who requested a pseudonym due to ties with Temasek, told Rest of World he used his FTX account as his “piggy bank,” piling in ...
Assets Seized in Singapore’s Money Laundering Case Swell to S$2.4 Billion
SINGAPORE (Reuters) - The total value of assets seized in Singapore's biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday.
COMMENT: Laugh at ourselves more in Singapore – and save lives
Laughing can improve your health, so don't fret over the subject of the joke and laugh along with one another to feel better, says Neil Humphreys.
Singapore police uncover more gold bars, watches and other assets from money laundering scheme
Singapore police uncovered more luxury watches, gold bars and other assets from a massive money laundering scheme that was busted last month, they said, bringing the total amount of assets seized or ...
More SE Asia firms consider U.S. IPOs, filling void left by China peers
Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.
SCB, SMBC act as lead arrangers, coordinators for €500m green loan
Standard Chartered Bank (Singapore) and Sumitomo Mitsui Banking Corporation (Singapore) served as lead arrangers and sustainability coordinators for the €500m syndicated green loan of Thailand’s Minor ...
Two national servicemen in SG emptied colleague’s bank account via online transfer after one of them took his phone
Two full-time national servicemen (NSFs) with the Singapore Civil Defence Force (SCDF) emptied their colleague’s bank account by making an online transfer of S$690 after one of them stole the victim’s ...
Singapore banks tighten checks on China-born clients with other citizenships amid money laundering probe
Banks in Singapore are tightening checks on China-born clients with other passports after a multibillion money laundering crackdown in the country.
Foodpanda could be sold in Singapore and other markets; report cites Grab as potential buyer
GERMANY-BASED Delivery Hero is in talks for a potential sale of its Foodpanda business in Singapore and six other South-east Asian markets. A media report had cited Grab as a potential buyer. Read ...
Singapore retail supply to hit around 2.7m sq ft until 2027
This translates to a yearly average of 547,000 sq ft. According to Savills estimates, Singapore’s new retail supply in the next five years from 2023 to 2027 is about 2.7 million sq ft, working out to ...
Beware of malware scam: $10m lost after victims’ banking credentials stolen by hidden keylogger in mobile apps
At least $10 million has been lost from over 750 victims in the first half of this year due to unauthorised banking transactions performed by a malware scam which also resets the victims' phones.
Singapore’s Changi Airport To Go Passport Free Starting 2024: Report
Singapore's Changi Airport is set to go passport-free starting 2024 with automated immigration clearance, CNN reported.
Singapore Banks Tighten Scrutiny of Chinese With Other Passports
Singapore banks are increasing scrutiny of some Chinese-born clients with other citizenships, following last month’s crackdown on money laundering involving more than S$2.4 billion ($1.8 billion) worth of assets that has rattled the Asian financial hub.
Singapore’s Changi Airport to go passport free starting 2024
Singapore’s Changi Airport is set to go passport-free starting 2024 with automated immigration clearance, CNN reported.
Civil Society Groups to Hold Climate Rally in Singapore
Several of the city-state’s NGOs are joining forces to highlight the overlap between climate and social justice, and the urgent need to address both.