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Posted on 12/10/2023

Perth-bound budget airliner returns to Singapore after bomb threat

Singapore's air force and emergency services were activated on Thursday to escort a Scoot flight back to the city-state's Changi Airport after a bomb threat, the budget airline said in a statement. A ...

Posted on 12/10/2023

Scoot Flight Returns Safely to Singapore After Bomb Threat

A Perth-bound flight operated by Singapore Airlines Ltd.’s low-cost unit Scoot landed safely in Singapore Thursday after turning back due to a bomb threat, according to a Scoot statement. The plane ...

Posted on 12/10/2023

Malaysia’s ‘Tiger Stripes’ Set as Singapore Film Festival Opening Title – Global Bulletin

Tiger Stripes' to open the SGIFF, Suzume makes return to theaters, the 'boys love' genre gets its own documentary.

Posted on 12/10/2023

Singapore woman scams victims of US$646,000 including lover who cheated parents of life savings

Joceyln Kwek, 49, scammed 10 people, including her godmother, husband's ex-colleague, and lover who cheated his parents of their life savings She pleaded guilty on Thursday to multiple charges of ... ( read original story ...)

Posted on 12/10/2023

HSBC Singapore appoints new head of commercial banking

She previously held the role of head of global banking. HSBC has appointed Priya Kini as Head of Commercial Banking of HSBC Singapore effective 1 January 2024. Kini will be responsible for driving ...

Posted on 12/10/2023

ITAT holds Singapore’s tax residency certificate as proof for tax treaty eligibility

The Delhi bench of the Income-tax Appellate Tribunal (ITAT) has ruled in favor of The Golden State Capital Pte Ltd, a Singapore entity, stating that it is eligible for treaty benefits and therefore ...

Posted on 12/10/2023

Ex-F1 boss Bernie Ecclestone to pay over US$800 million after withholding Singapore assets in UK tax fraud

The 92-year-old billionaire and former Formula One boss has agreed to pay the huge sum, prosecutors said, weeks before he was due to stand trial Ecclestone was charged with failing to declare an ...

Posted on 12/10/2023

Former F1 boss Bernie Ecclestone admits tax fraud

Former Formula One chief Bernie Ecclestone pleaded guilty to a charge of fraud at a London Court. The charge relates to an offshore trust fund the 92-year-old failed to declare to the UK tax ...

Posted on 12/10/2023

Bernie Ecclestone pleads guilty to tax fraud over £400m trust fund

Bernie Ecclestone admitted tax evasion this morning after failing to declare £400 million hidden in a Singapore financial trust.The Formula One tycoon was due to stand trial next month but made a ...

Posted on 12/10/2023

Singapore’s middle distillate stocks drawn for first time in 3 weeks

Singapore's middle distillates stocks fell for the first time in three weeks, tracking robust net exports of jet fuel/kerosene though a dip in net exports of gasoil limited overall draws, official ...

Posted on 12/10/2023

Singapore-Thailand economic relations are substantial; bilateral trade reaches S$42.1 billion in 2022: PM Lee

SINGAPORE and Thailand have a “very substantive” relationship with strong economic, defence and people-to-people links, said Prime Minister Lee Hsien Loong at the Istana on Thursday (Oct 12). Read ...

Posted on 12/10/2023

$2.8b money laundering case: Accused proposes 24-hour surveillance in latest bid to be released on bail

SINGAPORE - Vang Shuiming, one of the 10 foreigners charged in Singapore's largest money laundering probe, has proposed to be placed on 24-hour surveillance in his latest bid to be released on bail.

Posted on 12/10/2023

Citigroup’s board to meet in Singapore for the first time since 2011

Citigroup Inc said on Thursday that its board of directors will meet in Singapore for the first time since 2011 as a show of commitment to the city state.The meeting will be held next week, and Citi's ...

Posted on 12/10/2023

Grab’s 70% tumble shows the limits of Singapore’s tech dream

IN THE ballroom of the five-star Shangri-La Singapore hotel, Anthony Tan celebrated a triumph for the country’s up-and-coming tech scene. “Today we shine a spotlight on South-east Asia!” he told the ...

Posted on 12/10/2023

SG firms lead investment in AI and machine learning technologies

Local businesses, on average, invest 24% of their annual budget in AI and machine learning. Singapore is ahead of the United States and the rest of the world in terms of artificial intelligence (AI) ...

Posted on 12/10/2023

The mystery of the Adani coal imports that quietly doubled in value

Analysis of customs records suggests Indian conglomerate has been inflating fuel costs using offshore middlemen ...

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