Singapore penthouse on sale for over US$72 mln

SINGAPORE: The asking price for a new three-storey Singapore penthouse, complete with a private pool on the 64th floor, has reached a dizzying S$100 million ($72.6 million). Due to be formally unveiled later this year, Wallich Residence's penthouse is in ... ( read original story ...)

Wealth in Singapore: HNW Investors 2017

Companies mentioned in this report: Standard Chartered Private Bank, HSBC, Citibank, DBS, OCBC, Bank of Singapore and Vontobel. - Expats constitute half of Singapore's HNW population, hence constituting a lucrative target market. - Accelerated demand for ... ( read original story ...)

Cambodia bans sand exports permanently

Cambodia has permanently banned sand exports, officially ending sales to Singapore which has used it for years as part of its land reclamation. Environmental groups said digging and dredging has had a serious impact on coastal ecosystems. A temporary ban ... ( read original story ...)

Singapore Botanic Gardens and ‘orchid diplomacy’

Singapore (CNN) — Sorry, Gardens by the Bay -- you might have the world's largest vertical garden, but the 156-year-old Singapore Botanic Gardens is still the most iconic garden in the green-obsessed city-state. In 2015, the 183-acre tropical garden ... ( read original story ...)

UN urges Singapore to halt Malaysian’s execution

The United Nations on Wednesday urged Singapore to halt the execution of a Malaysian drug trafficker, saying it should not go ahead while an appeal was pending in his home country. Prabagaran Srivijayan was sentenced to death in 2012 for trafficking 22.24 ... ( read original story ...)

Singapore’s Top Performing IPO This Year Surged 158%

Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. After staging concerts in Singapore for the past two decades, the city-state’s best-performing initial public offering this year is taking its entertainment on the ... ( read original story ...)

Singapore IPO activity this year poised to surpass 2016 levels

There was quite a number of successful Initial Public Offerings (IPO) in Singapore for the first half of the year, and this could spell a stellar overall IPO activity for 2017. According to the latest figures by PwC Singapore, IPOs for 1H17 raised US$329m. ( read original story ...)

Singapore banker admits to laundering in 1MDB case

SINGAPORE -- A former banker serving a jail term for witness tampering in Singapore’s investigation of 1Malaysia Development Bhd, Yeo Jiawei, has admitted to money laundering. Yeo also pleaded guilty on Wednesday to cheating his former employer. He was ... ( read original story ...)