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Posted on 16/05/2024

Billion-dollar money laundering case: Suspect gets 6 new charges over fake property sale, loan agreement papers

SINGAPORE: Su Jianfeng, one of the 10 suspects involved in Singapore's billion-dollar money laundering probe, was on Thursday (May 16) slapped with six new charges. The fresh charges are related to ...

Posted on 16/05/2024

UK to inspect all Indian spice imports after Singapore, Hong Kong suspend 2 brands over contamination allegations

The UK food watchdog applied extra control measures on all spice imports from India, after contamination allegations against two brands sparked concerns in Asia Hong Kong last month suspended sales of ...

Posted on 16/05/2024

Singapore’s deepfake dilemma: 8 in 10 consumers fear deception

SINGAPORE: A recent study conducted by Jumio has uncovered a widespread concern among consumers in... The post Singapore’s deepfake dilemma: 8 in 10 consumers fear deception appeared first on The Inde ...

Posted on 16/05/2024

5 Cutting-Edge Insurtech Solutions from Singapore to Know About

The Singapore insurtech market size in terms of investment value is expected to grow from US$225.08 million by 2029

Posted on 16/05/2024

Centre to help Singapore fight online harms launched, gets $50m funding

The centre will focus on building and customising tools to detect harmful content. Read more at straitstimes.com.

Posted on 16/05/2024

Singapore stocks open higher on Thursday following global market gains—STI climbed by 0.5%

Banking stocks performed well in early trading. DBS rose by 0.3% or S$0.12 to S$35.43. UOB increased by 0.3% or S$0.10 to S$30.05, and OCBC was up by 0.3% or S$0.04 to S$14.39.

Posted on 16/05/2024

S-REITs in ‘better shape’ than two years ago; CICT, MLT top picks: HSBC

HSBC favours stocks with embedded growth, like CICT; and REITs that have priced in most of the negative news, like MLT.

Posted on 16/05/2024

Flash News: OKX Ventures Ranked as #1 Crypto Venture Capital Investor in Q1 2024 with 31 Deals

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, has issued updates for May 16, 2024.

Posted on 16/05/2024

Woodlands coffee shop owner fined for illegally operating supermarket in eatery, importing meat

A coffee shop owner was caught unlawfully operating a supermarket within its premises and selling meat products that had been illegally imported into Singapore. Read more at stomp.straitstimes.com ...

Posted on 16/05/2024

How to keep the Singapore market’s free-float market cap from falling further

To offset the market's falling free float market cap, we need more stocks, more liquidity, higher free floats and prices

Posted on 16/05/2024

Singapore tourist arrivals dip to 1.36m in April, after March’s Taylor Swift-led high

Indonesia overtook China to become the top source of arrivals in April, with 243,893 visitors. Read more at straitstimes.com.

Posted on 16/05/2024

Singapore Airlines CEO Says Travel Out of China Not Yet Recovered

"Travel into China has been strong, travel out of China has not yet recovered fully," Singapore Airlines CEO Goh Choon Phong told media. He said the visa-free scheme between China and Singapore which ...

Posted on 16/05/2024

Money laundering accused Su Jianfeng slapped with six new charges for submitting forged documents to OCBC, Maybank

SU JIANFENG, one of the 10 foreign nationals embroiled in Singapore’s largest money laundering case, was handed six new forgery and fraud charges on Thursday (May 16). He allegedly submitted forged ...

Posted on 16/05/2024

‘Not cheap’, ‘no value’ but market excited: OCBC’s GEH bid divides analysts

We are unclear of incremental synergies that could accrue by acquiring the 11.56% of GEH that OCBC does not already own.” ...

Posted on 16/05/2024

In pictures: Swearing-in of Singapore’s fourth Prime Minister Lawrence Wong

SINGAPORE: Mr Lawrence Wong was sworn in as Singapore's fourth Prime Minister on Wednesday (May 15), replacing Mr Lee Hsien Loong. The ...

Posted on 16/05/2024

Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO

A new report suggests that workers at some of its suppliers are still clocking 75 hours a week, despite assurances the company would improve labor standards.

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