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Posted on 30/08/2023

Singapore braces for ‘partisan’ vote for president, guardian of its vast reserves

Singapore’s presidency has been directed elected only since 1993, after the late Lee Kuan Yew proposed a constitutional amendment to guard against unfettered access to the government’s reserves if a ... ( read original story ...)

Posted on 30/08/2023

Suspects Back in Court Over Singapore’s Swoop on Major Money Laundering Ring

SINGAPORE (Reuters) - Ten foreigners accused of involvement in a major money laundering operation in Singapore were set to appear in court on Wednesday, some facing new charges as the city-state seek ... ( read original story ...)

Posted on 30/08/2023

Cars, crypto, cash derived from illegal online gambling: Men in S$1b money laundering case get fresh charges

SINGAPORE — Two men remanded for an ongoing money laundering probe involving 10 people and more than S$1 billion in assets received more charges on Wednesday (Aug 30) for having millions in cash, ...

Posted on 30/08/2023

Vena Energy aims for Singapore power imports before 2030, sees huge potential in region

The project involves a subsea cable to Singapore and will be completed in phases by 2032. Read more at straitstimes.com.

Posted on 30/08/2023

India To Resume Rice Export To Singapore Despite Ban. Here’s Why | EXPLAINED

India resumed its rice export to Singapore, to "meet special food security requirements" of the Southeast Asian country. Other than this, India, order to prevent export of non-Basmati white rice, ...

Posted on 30/08/2023

Singapore to bridge Africa-Asia trade – Minister Yong

Singapore has about 100 companies operating in 40 African countries. Singapore could bridge the Africa-Asia trade despite the tepid investments seen from African investments, according to Minister for ...

Posted on 30/08/2023

DBS, OCBC among creditors to alleged money launderers’ Singapore firms

Prosecutors have said they are seeking documents from at least 10 financial institutions in relation to the case. Read more at straitstimes.com.

Posted on 30/08/2023

Singapore to vote on new president amid rumblings of discontent

Former finance minister Tharman Shanmugaratnam is leading the field of three candidates chosen under demanding criteria.

Posted on 30/08/2023

Thai Billionaire Charoen Sirivadhanabhakdi’s REIT To Sell Singapore Mall For $250 Million

Frasers Centrepoint Trust (FCT) has agreed to sell a suburban shopping mall in Singapore for S$338 million ($250 million), helping the real estate investment trust deleverage amid soaring interest ...

Posted on 30/08/2023

DBS, OCBC are creditors to alleged launderers’ Singapore firms

TWO of the biggest local banks in Singapore are creditors to suspects in a major money laundering scandal involving over S$1 billion of assets. Read more at The Business Times.

Posted on 30/08/2023

The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: Are They a Bargain?

The REIT sector has been under pressure over the past year, but could these REITs be a bargain waiting to be scooped up? The post The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: ...

Posted on 30/08/2023

Frasers Centrepoint Trust to divest Changi City Point for $338 mil

Changi City Point is a retail mall located at 5 Changi Business Park Central 1. The building has three storeys and one basement level and is connected to the Expo MRT station on the East West and ...

Posted on 30/08/2023

India allows rice exports to Singapore

India surprised buyers by imposing a ban on exports of widely consumed non-basmati white rice, following a ban on broken rice exports last year.

Posted on 30/08/2023

India allows export of rice to Singapore in view of ‘special relationship’

External Affairs Ministry spokesperson Arindam Bagchi, on Tuesday, said formal orders allowing the export of rice to Singapore will be issued shortly.

Posted on 30/08/2023

In High-Rise Happy Singapore, a $4.2 Million Single-Family Home Bucks the Trend

A local couple tore down their bungalow to create a four-story, seven-bedroom house spread across 7,400 square feet.

Posted on 30/08/2023

Singapore Presidential Election 2023: A look back at the 5 times it was previously held

SINGAPORE — Before presidential elections in Singapore were introduced following a constitution amendment in 1991, the city-state's Parliament was in charge of electing and appointing the country's ...

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