Eldric Ko went on the run in 2011 to avoid the repercussions of his actions, and only returned to Singapore last year.
Jail for man who devised bogus wine investment scheme, pocketed $12.67m of investors’ funds
A man, who set up a company that dealt with wines, and an alleged accomplice devised a fraudulent investment scheme involving the beverage to cheat over 200 investors of millions of dollars between ...
Many Singapore family businesses unprepared for succession; some prefer to sell: HSBC
SINGAPORE] Many family-owned companies in Singapore are not fully prepared to pass on the business to the next generation, an inaugural HSBC report released on Wednesday (May 14) has said. Read more ...
3 arrested for allegedly evading over $936k in cigarette duties and taxes
A lorry, 8,642 cartons and one packet of duty-unpaid cigarettes were seized. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore Business Federation launches guide to help firms navigate trade barriers
The Republic's apex business chamber is also drafting financing and other measures to help companies. Read more at straitstimes.com. Read more at straitstimes.com.
New ministerial role for energy carved out in Singapore cabinet reshuffle
New ministerial role for energy carved out in Singapore cabinet reshuffle. PM Lawrence Wong appoints second minister of trade and industry Dr Tan See Leng to new position.
Singapore DPM Says Holding Geopolitical Neutrality Not Possible
Singapore’s Deputy Prime Minister Gan Kim Yong said neutrality is not possible, highlighting the rising challenges for the city-state that has long sought to tread a diplomatic tightrope amid US-China ...
Dueling US-China Videos Spark Pushback From Singapore Government
Singapore signaled displeasure at embassies attempting to evoke a public response, after the US and Chinese missions to the city-state posted dueling social media videos lashing out at one another on ...
Singapore keeps 2025 growth forecast at 0% to 2%, though outlook ‘improved slightly’ from trade truces
SINGAPORE: The Government is keeping Singapore's economic growth forecast for 2025 at zero per cent to 2 per cent, though it said the external demand outlook for the rest of the year has "improved ...
DBS CEO Tan Su Shan named 6th most powerful woman in business in Fortune’s list
Ms Tan was ranked 89th on the magazine’s list in 2024. Read more at straitstimes.com. Read more at straitstimes.com.
Eight stocks to see ‘renewed investor interest’ as MAS nears allocation of $5 billion fund: DBS
MAS, according to 'market chatter', is 'close to shortlisting' investment managers to help manage the $5 billion Equity Market Development Programme fund ...
Manufacturing-led export strategies still make sense
The traditional development model thrived on exports, enabling countries like South Korea to tap vast global demand and escape the limitations of small domestic markets. It boosted efficiency and, by ...
Some Singapore firms could go on ‘life support mode’ amid crippling US tariffs, says SME association
The Association of Small and Medium Enterprises is calling for more government support to help SMEs enter new markets and integrate into a bigger supply chain network.
Singapore rejects attempts by foreign embassies to incite domestic reactions to international issues: MFA
The US embassy in Singapore earlier posted a video criticising China’s actions in the South China Sea, drawing a response from the Chinese mission.
Private Credit Funds Target Billions in Retail Demand From Asia
Asia’s private credit market is growing so fast that a rush of new participants into the direct-lending sector is fueling concern about a weakening of lending standards. Similarly, the opaque nature ...
Baiduri Bank Opens Representative Office In Singapore
The launch of the Singapore Representative Office represents the next chapter in this trajectory. It is a strategic move to strengthen Baiduri Bank's regional presence, promote its corporate and ...