Wholesale Banking Awards, Retail Banking Awards, Corporate and Investment Banking Awards, and the inaugural FinTech Awards recognised the industry's top performers for their innovation, dedication, ...
HK fines DBS Bank $1.3M for money laundering breaches
HONG KONG ― The Hong Kong Monetary Authority (HKMA) fined the local arm of Singapore's DBS Bank HK$10 million ($1.3 million) for breaches of its anti-money laundering law, the banking regulator said ...
Taiwanese and Chinese companies flock to Singapore as politically safe investment haven
Singapore is trying to shed its 'Crazy Rich Asians' reputation, as residents blame foreign investment for the cost-of-living crisis.
Singapore crowned APAC’s top business travel destination
Trailing Singapore in the rankings are Hong Kong, which secured the second spot, as well as Bangkok, Tokyo and Kuala Lumpur.
Singapore, Europe to deepen tech cooperation for chips, AI
SINGAPORE - Europe wants more cooperation with Singapore on all things digital, including scientific research, technology supply chains and governance of artificial intelligence, the European Union’s ...
Singapore is working on technical guidelines for securing AI systems
Singapore plans to soon release instructions it says will offer "practical measures" to bolster the security of artificial intelligence (AI) tools and systems. The Cyber Security Agency (CSA) is ...
S’pore draws just one IPO, Malaysia leads South-east Asia listings in first half of 2024
Singapore Institute of Advanced Medicine's US$20m is the smallest amount from an IPO in the region this year. Read more at straitstimes.com.
Hong Kong fines DBS Bank $1.3 M in money laundering scandal
The Hong Kong Monetary Authority has fined DBS Hong Kong HK$10 million for multiple breaches of anti-money laundering laws over a seven-year period.
Singapore to waive registration fee for short-term EV charger use
THE Singapore government is reducing the regulatory burden and lowering costs for businesses by making the application process for licences and regulatory approvals faster and better, said Minister ...
HSA Seizes 350,000 E-Vaporisers And Components Worth Over SGD 6 Million, Disrupts Largest Distribution Network In Singapore
Penalties for such offences in Singapore The HSA said it has seized more than SGD ... it is an offence under the Tobacco (Control of Advertisements and Sale) Act to import, distribute, sell or offer ...
Singapore remains committed to support SMEs: Chee Hong Tat
Singapore will keep supporting small and medium enterprises (SMEs) and help them expand here and overseas, said Transport Minister Chee Hong Tat on July 5. Read more at straitstimes.com.
Safety lapses found on Dutch dredging boat involved in Singapore oil spill
SINGAPORE: Serious lapses relating to fire safety and life-saving equipment aboard Netherlands-flagged dredger Vox Maxima were uncovered during an inspection by Singapore’s port authority in the wake of the worst oil spill here in a decade.
S’pore draws just one IPO, Malaysia leads Southeast Asia listings in first half of 2024
making Singapore the worst-performing market in South-east Asia for initial public offerings (IPO). The dismal result came in spite of intensified efforts to revitalise the Singapore Exchange (SGX), ...
Hong Kong fines DBS Bank $1.3 million for money-laundering breaches
The Hong Kong Monetary Authority fined the local arm of Singapore's DBS Bank HK$10 million ($1.3 million) for breaches of its anti-money laundering law, the banking regulator said on Friday. The HKMA ...
The Big Read: Singapore writers are going places but what’s the next chapter for SingLit?
In 2020, in the throes of the Covid-19 pandemic, Singaporean Kyla Zhao felt terribly isolated and homesick as a student at Stanford University in the United States.
DBS fined by Hong Kong for violating anti-money laundering rules
DBS Group Holdings was fined HK$10 million (S$1.72 million) by Hong Kong’s regulator for lapses in adhering to anti-money laundering and counter-terrorist financing regulations. Read more at The ...