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Posted on 10/07/2024

2 Indian-Origin Men Jailed In Singapore For Scamming People In US

Two Indian-origin Singaporean men were sentenced to jail for scamming victims in the United States through at least 50 companies, two of which received money through bank accounts, including ...

Posted on 10/07/2024

Singapore stock benchmark heads for six-year high since June 2018 on earnings hopes

Singapore stocks are are set for a six-year high as investor optimism grows ahead of earnings season. The Straits Times Index is up 0.6% for the highest close since June 2018.

Posted on 10/07/2024

Singapore’s Temasek will back big polluters to curb emissions

Singapore’s Temasek Holdings Pte. will continue to invest in major polluters even as it seeks to slash portfolio emissions, aiming to push sectors like aviation to decarbonize faster.

Posted on 10/07/2024

Encouraging shareholder activism may help Singapore’s stock market

REVIEWS of shareholder activism are mixed, but in a market such as Singapore, more of such activity could be worth encouraging. Read more at The Business Times.

Posted on 10/07/2024

Singapore’s revamped anti-money laundering measures frustrate wealthy Chinese enough to leave for Hong Kong

SINGAPORE: Hong Kong is drawing high-net-worth individuals (HNWIs) from mainland China, a significant reversal from... The post Singapore’s revamped anti-money laundering measures frustrate wealthy Ch ...

Posted on 10/07/2024

Shanghai, Singapore deepen finance, digital economy cooperation

The 5th meeting of the Singapore-Shanghai Comprehensive Cooperation Council (SSCCC) was held in Shanghai on Tuesday, aiming to deepen cooperation between Singapore and Shanghai in various fields ...

Posted on 10/07/2024

While Singapore scrutinises, Hong Kong wins back wealthy Chinese

It's a shift from the pandemic years when Hong Kong's strict quarantine and political upheaval led many to flock to Singapore Hong Kong is winning back wealthy Chinese by rolling out the red carpet ...

Posted on 10/07/2024

Banks in Singapore to phase out login OTPs for digital token users

Major banks in Singapore will phase out the use of one-time passwords (OTPs) for bank account logins by customers who are digital token users.

Posted on 10/07/2024

Singapore’s Hell Theme Park Dead Serious About Afterlife

Gory grottos with demons impaling sinners on stakes and people drowning in a pool of blood are not part of your average theme park experience.

Posted on 10/07/2024

Air freight rates in Singapore set to continue rising amid worldwide port congestion

Local firms are now paying up to 50 per cent more to ship goods by air instead of sea, in order to avoid months of shipping delays.

Posted on 10/07/2024

Is Shopee’s Mari Credit Card Singapore’s Best Unlimited Cashback Card?—MoneySmart Review (2024)

Who knew that Singapore’s highest-earning unlimited cashback card would come from…Shopee?  The Mari Credit Card is named after MariBank, Shopee’s digital bank. With this card, you can earn 5% ...

Posted on 10/07/2024

Port of Singapore congestion raising spot market prices, report finds

Port congestion in Southeast Asia is creating an imbalance of equipment, raising both local and global spot market pricing, according to a report by AlixPartners. The post Port of Singapore congestion ...

Posted on 10/07/2024

HSBC fined S$4.15M for offering incentives to unregistered intermediaries in MPF scheme

The MPFA highlighted that HSBC's actions “did not comply” with the Mandatory Provident Fund Schemes Ordinance's conduct requirements ...

Posted on 10/07/2024

P1-B moved from foreign banks to poll exec’s offshore accounts – Marcoleta

At least P1 billion worth of funds were transferred from different banks, including those based in South Korea, to 49 offshore accounts supposedly linked to a ...

Posted on 10/07/2024

DBS CEO says Trump will be open to cutting deals, which could suit China

SINGAPORE: DBS CEO Piyush Gupta said on Tuesday (Jul 9) that US presidential candidate Donald Trump, if he wins, would be open to cutting deals, which could suit China. Gupta, who made the comments in ...

Posted on 09/07/2024

Should I Refinance Now Or Hope Mortgage Rates in Singapore Drop in 2025?

Mortgage rates in Singapore have stabilised in 2024, after sharp spikes observed in the post-pandemic era. With the US Fed poised to cut rates four times in 2025, mortgage rates are expected to dip in ... ( read original story ...)

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