Casinos will now look into a customer’s bank accounts as soon as it crosses the new threshold. “The adjustment is made so that Singapore casinos can better combat money laundering and terrorism ...
Private property price gains capped by persistently high interest rates, ample supply in second quarter
Fewer new non-landed residential launches in second quarter dampened price growth. Read more at straitstimes.com. ( read original story ...)
DBS maintains ‘buy’ call on MPACT following the divestment of Mapletree Anson
DBS Group Research analysts Rachel Tan and Derek Tan have maintained their “buy” call on Mapletree Pan Asia Commercial Trust N2IU - “The recent divestment of Mapletree Anson addresses investors’ ...
DBS strengthens Mashreq’s global same-day cross-border payments
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
Johor-Singapore SEZ to benefit entire supply chain, boost economic connections: UOB chief
THE upcoming Johor-Singapore Special Economic Zone (SEZ) is set to benefit businesses across multiple sectors in Singapore and Malaysia by creating opportunities for the entire supply chain, while ...
Singapore gets tough on casinos in updated measures to combat terrorism financing
Casinos in Singapore will soon face tighter rules on conducting due diligence checks when receiving cash as part of updated measures to counter terrorism financing, the country's gambling regulatory b ...
Singapore cannot be laissez-faire with race, religion issues: Shanmugam
Singapore also draws the line when it comes to words or actions deemed offensive to other races or religion, he said. Read more at straitstimes.com.
Japanese startup to sell protein-rich ‘silkworm food’ in Singapore
Tokyo-based Morus plans to export and sell powdered silkworms as raw materials to food manufacturers and restaurants, as well as silkworm-based protein powder and protein bars for gyms, marketing them ...
Chinese AI startups move to Singapore to drive global expansion
When Wu Cunsong and Chen Binghui founded their artificial intelligence startup, Tabcut, two years ago in Hangzhou, China, they quickly encountered numerous challenges, including a lack of venture ...
Singapore shares edge lower on Monday—STI down by 0.1%
SINGAPORE: Singapore shares edge lower on Monday, July 1, following a weak performance in global... The post Singapore shares edge lower on Monday—STI down by 0.1% appeared first on The Independent Si ...
Temasek on deal hunt to boost returns for Singapore
In March, Singapore approved the merger between Tata-owned Air India and sister airline Vistara, a joint venture between Tata and Temasek-backed Singapore Airlines. The deal has been touted as ...
Singapore to tighten regulations to prevent misuse of casinos for terrorism financing
Casinos will soon have to perform due diligence checks when receiving cash deposits of S$4,000 (US$2,950) or more, down from the current threshold of S$5,000.
Singapore Airlines’ CEO Gets Pay Bump After Record Annual Profit
Singapore Airlines Ltd. Chief Executive Officer Goh Choon Phong was paid S$8.11 million ($6 million) last financial year, a 21% increase from the previous period, as the airline benefited from a ...
HSBC fights UBS for Asia wealth under former Wall Street banker
THE head of HSBC Holdings’s private bank is planning a fresh recruiting drive as part of her bid to regain the title of Asia’s biggest wealth manager from UBS Group. Read more at The Business Times.
Citi sees AI displacing more finance jobs than any other sector
About 54% of jobs across banking have a high potential to be automated, the bank said Wednesday in a new report on AI.
Why won’t Citi remove these fraudulent charges from my card?
All of the charges happened six months ago and they were all for an online travel agency called Agoda. I immediately notified Citi as well as Agoda. Citi issued me a new card, but the fraudulent ...