Since their respective peaks in May 2018, shares in DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) have lost more tha... ( read original story ...)
DBS boosts transaction banking team with new hires
SINGAPORE - DBS Bank has made new appointments to its transaction banking team to support growth in that business. Mr Sriram Muthukrishnan, who joins the bank from HSBC, has been appointed group head ... ( read original story ...)
Singapore bank offers annual review process for financial life goals
Just as most Singaporeans know the importance of an annual medical health screening to detect ailments and ensure their health checks out, OCBC Bank is making financial portfolio reviews an annual aff... ( read original story ...)
Singapore Expats – How to Apply for Singapore Visas to Live & Work Here
Work permit holders include construction workers and waiters. Dependant’s Pass: You can live and work in Singapore if your spouse is here on an Employment Pass and earns at least $6,000 a month. To se... ( read original story ...)
BHP to pay $390m to settle tax bill dispute over Singapore business
World’s largest miner BHP (ASX, NYSE: BHP) (LON:BLT) said Monday it had settled its long-running tax battle with Australia's tax authorities concerning its marketing operations in Singapore. As part o... ( read original story ...)
Singapore Includes Cryptocurrency in New Payments Regulations
Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), announced on Monday that it will be issuing a series of new regulations governing payments. The regulator says that the new ... ( read original story ...)
World Blockchain Trade Consortium Launches During Singapore Fintech Festival
The World Blockchain Trade Consortium (WBTC) launched this week at the Singapore Fintech Festival, according to a note from one of the founding members. The WBTC has launched with Fintech platforms, i... ( read original story ...)
Man jailed and fined for importing 4,560 sachets of chewing tobacco
Kartigesy was sentenced to five weeks' jail and fined $250. He is the fourth person ever to be convicted and jailed for importing chewing tobacco, which is illegal in Singapore. In a statement, the HS... ( read original story ...)
Man fined $12,600 for possessing and abetting illegal import of food items
SINGAPORE - A 35-year-old man has been fined for possessing and abetting the illegal import of food items. The man involved, Ong Yu Fong, was fined $12,000 for possessing illegally imported duck's blo... ( read original story ...)
India Ready To Import More U.S. Oil And Gas
India is ready to import more crude oil and liquefied natural ... President Mike Pence on the sidelines of an ASEAN summit in Singapore, Gokhale said, commenting on the topics discussed ... ( read original story ...)
Man fined $12,600 for possessing, and abetting the illegal import of food items
The Agri-Food & Veterinary Authority of Singapore (AVA) said in a press release on Wednesday ... Any person who illegally imports meat products from unapproved sources is liable to a maximum fine of $... ( read original story ...)
Man jailed five weeks and fined for importing 4,560 sachets of chewing tobacco
He is the fourth person to be convicted and jailed for importing chewing tobacco, which is prohibited in Singapore. According to the authority, Kartigesy’s vehicle was checked by the Immigration & Che... ( read original story ...)
Singapore boosts US ties on infrastructure, digital economy and cybersecurity
They will explore cooperation on standards development and technology partnerships. Singapore and the United States deepened their ties as they renewed the US-Singapore Collaboration Platform Memorand... ( read original story ...)
MAS finalises framework for payment services in Singapore
The Monetary Authority of Singapore (MAS) has finalised a new regulatory framework for payment services in Singapore, in a move to guard against risks as the payment landscape evolves. The Payment Ser... ( read original story ...)
BHP to pay $529m in back taxes, shake up ownership of Singapore hub as part of ATO settlement
The Singapore arm would buy minerals from BHP’s Australian ... Herbert Smith Freehills & Sam Mostyn Chair Citibank Australia. ( read original story ...)
Singapore third-quarter GDP growth seen losing momentum, trade war dims outlook
SINGAPORE (Reuters) - Singapore is expected to report slower third-quarter economic growth than initially thought, a Reuters poll showed, as the manufacturing sector faces strains from weaker global d... ( read original story ...)