Singaporean law enforcement has taken a significant stride in combating financial crime, apprehending 10 foreign nationals suspected of laundering money. The arrests also encompass allegations of ...
Ten foreigners arrested as $735 million in cash and assets seized in Singapore
Ten foreign nationals have been arrested in Singapore on suspicion of committing offenses such as forgery and money laundering after about S$1 billion ($735 million) worth of cash and assets were ...
Singapore Receives Six Applications for Presidential Election
Singapore received a total of six applications for certificates of eligibility to run in the country’s presidential elections, according to a statement from the Elections Department.
Singapore arrests 10 foreigners, seizes $1b assets in biggest anti-money laundering operations
INGAPORE- In one of the biggest anti-money laundering operations here, the Singapore Police Force (SPF) rounded up a group of foreigners who had amassed about $1 billion worth of assets here. The ...
Indonesia and Singapore set to introduce QR code payments
The central banks of Singapore and Indonesia are planning to introduce the use of QR codes for cross-border payments between the two countries.
OCBC, SPF say joint operation prevented scam losses of over S$22.4 million
OCBC and the Anti-Scam Centre of the Singapore Police Force (SPF) say they have successfully prevented over S$22.4 million in potential financial losses by disrupting over 830 ongoing scams. Read more ...
Commentary: Should Singapore look beyond a balanced budget to ensure we will always have enough in our reserves?
The Singapore government is constitutionally obliged to achieve a balanced budget over its term of office. What about targeting a net surplus instead, ask Eddie Choo and Gillian Koh from the Institute ...
Singapore’s middle distillates stocks rise as imports from India emerge
SINGAPORE, Aug 17 (Reuters) - Singapore’s middle distillates inventories clawed back earlier weeks’ of losses and rose on higher gasoil imports, with Indian-origin cargoes arriving for the first time ...
Singapore stocks decline as July key exports fall, STI sheds 0.5%
Loses outnumbered gainers 315 to 289, as 1.1 billion securities worth $1 billion were traded Read more at straitstimes.com.
Singapore’s chip industry still in the money for the long term: Analysts
Both Singapore and Malaysia in recent years have seen a host of global chipmakers announce new investment and expansion of existing facilities that are likely to help boost the business of local ...
Cash, cars and homes seized in $735m Singapore anti-money laundering raids
The country's central bank and financial regulator, the Monetary Authority of Singapore, said it had been in contact with financial institutions "where the potentially tainted funds have been ...
Singapore arrests 10 foreigners, seizes S$1 bln assets in money laundering probe
Singapore police have arrested 10 foreigners for alleged money laundering and forgery offences, in a case involving about S$1 billion ($737 million) of cash, properties, luxury cars and other assets. ( read original story ...)
UOB Kay Hian Keeps Their Buy Rating on SATS (SPASF)
In a report released yesterday, Roy Chen from UOB Kay Hian maintained a Buy rating on SATS (SPASF – Research Report), with a price target ...
UOB Kay Hian Keeps Their Buy Rating on Comfortdelgro (CDGLF)
In a report released yesterday, Llelleythan Tan from UOB Kay Hian maintained a Buy rating on Comfortdelgro ... The company was founded on March 29, 2003 and is headquartered in Singapore.
How Singapore wrestles with the constraints of success
How much talk about reinvention does one of the world’s most successful, if tiny, economies have to listen to?
Singapore’s key exports decline for 10th consecutive month
SINGAPORE, Aug. 17 (Xinhua) -- The non-oil domestic exports (NODX) in Singapore declined by 20.2 percent year-on-year, marking a contraction for the 10th straight month, government agency Enterprise ...