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Posted on 12/06/2024

Singapore money launderer gets 17 months in $2.2bn case involving illicit crypto

Smoke weed in Singapore and you could end up with 10 years in prison. Get caught with over 330 grams of cannabis and your corporal punishment might include a caning. But launder US$2.2 billion in ...

Posted on 12/06/2024

Container prices rise in Singapore as demand surges amid shipping, port disruptions

Rising demand and tighter supply sparked by shipping disruptions and port congestion have sent container prices here surging over the past eight months, according to new data. Read more at ...

Posted on 12/06/2024

Economists keep 2.4% forecast for Singapore’s growth, but expect less from manufacturing, survey finds

PRIVATE-SECTOR economists’ forecasts of Singapore’s growth in 2024 have stayed unchanged, at a median of 2.4 per cent, in the latest quarterly survey of professional forecasters published by the ...

Posted on 12/06/2024

NTU Singapore showcases final test model of Singapore’s latest satellite to President Tharman Shanmugaratnam

aimed at enhancing Singapore’s space technology capabilities. This is NTU’s 14 th satellite and its largest and most complex to date, which is supported by Singapore’s Office for Space Technology & ...

Posted on 12/06/2024

LYC makes U-turn on subsidiary’s S’pore Exchange IPO

KUALA LUMPUR: LYC Healthcare Bhd has dropped the plan to list its subsidiary on the Singapore Exchange, less than three months after it filed the preliminary offer document with the exchange. LYC told ...

Posted on 12/06/2024

Transcript: The wrinkle in Shein’s IPO plans

Saffeya Ahmed Its attempt at an IPO in the US has completely stalled ... Eleanor Olcott A couple of years ago, the company migrated its headquarters to Singapore. This was the first real indication ...

Posted on 12/06/2024

Chip industry is still ‘at the end of a down cycle,’ says German semiconductor CEO as he opens a $2.2 billion plant in Singapore

The semiconductor industry is still in a “transition year,” says the CEO behind the West's only producer of silicon wafers, as manufacturers try to navigate their way through the end of a years-long ...

Posted on 12/06/2024

Singapore table tennis player Zhou Jingyi, 19, joins Izaac Quek and Zeng Jian in qualifying for Olympics

SINGAPORE: Teenager Zhou Jingyi recorded another significant milestone in her steady rise as the International Table Tennis Federation (ITTF) confirmed her qualification for the Paris 2024 Olympics on ...

Posted on 12/06/2024

Singapore goalkeeper Hassan Sunny’s food stall sells out early thanks to Chinese football fans

Members of Long Zhi Dui, a Chinese football fan group, stand in front of Dapur Hassan, Singapore goalkeeper Hassan Sunny's family food stall in Tampines, on Jun 12, 2024. (Photo: CNA/Davina Tham) New: ...

Posted on 12/06/2024

Man allegedly behind global malware network: Prosecution ready to present case for extradition to US

SINGAPORE: Prosecutors in Singapore are ready to present evidence for Wang Yunhe, the man allegedly behind a global malware network, to be extradited to the United States.

Posted on 12/06/2024

OCBC launches accelerated banking career programme to double its annual intake of polytechnic graduates in Singapore

The enhanced OCBC Ignite programme, developed with all five Singapore polytechnics, aims to double the Bank’s annual intake of polytechnic graduates and support the nation's goal of increasing ...

Posted on 12/06/2024

Singapore’s top bank DBS eyes $370 billion in wealth assets by 2026, top exec says

DBS Group plans to boost assets under management for its wealth business to S$500 billion ($369.7 billion) by the end of 2026, said the unit's head, as the top Singaporean bank bets on robust inflows ...

Posted on 12/06/2024

DBS eyes S$500 billion in wealth assets by 2026, top executive says

SINGAPORE: DBS Group plans to boost assets under management for its wealth business to S$500 billion (US$369.7 billion) by the end of 2026, said the unit's head, as the top Singaporean bank bets on ...

Posted on 12/06/2024

Singapore shares end flat as markets hold their breath for Fed rate decision; STI down 0.1%

Investors already expect fewer rate cuts, paying attention to predictions for longer-term rates Read more at straitstimes.com.

Posted on 12/06/2024

Singapore’s top bank DBS eyes $370 bln in wealth assets by 2026, top exec says

DBS Group plans to boost assets under management for its wealth business to S$500 billion ($369.7 billion) by the end of 2026, said the unit's head, as the top Singaporean bank bets on robust inflows ...

Posted on 12/06/2024

Singapore has a lot going for it to become a sustainable finance hub: Analyst

CNA's Yasmin Jonkers speaks to Herry Cho, Managing Director, Head of Sustainability and Sustainable Finance at SGX Group, about Singapore's sustainable finance ambitions.

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