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Posted on 03/12/2024

Daily Cuts – Understanding Singapore’s income report

Andrea Heng and Hairianto Diman speak to Chuin Ting Weber, CEO and CIO, MoneyOwl, to get a closer examination of early findings from the annual data on Singapore’s resident labour force by the Ministry of Manpower.

Posted on 03/12/2024

Singapore could see more capital inflows in 2025 as Trump returns

The city is considered a safe haven for investors for its defensive market and good dividend yields. Read more at straitstimes.com.

Posted on 03/12/2024

DBS Hires Private Bankers for Rich Russians as Rivals Balk

DBS Group Holdings Ltd. has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the business amid concerns over widening sanction ...

Posted on 03/12/2024

Yangzijiang’s latest US$2.63 bil order win is ‘Christmas comes early’: DBS

DBS Group Research has described the latest order wins announced by Yangzijiang Shipbuilding as "Christmas came early", as it maintains its "buy" call and $2.88 target price on the stock.

Posted on 03/12/2024

Woman found dead in Dover flat; man who can help with police probe has left Singapore

SINGAPORE - The body of a 30-year-old woman was found inside an HDB flat in Dover on Monday (Dec 2). In response to queries from The Straits Times, the police said they received a call for assistance at around 5.

Posted on 03/12/2024

Singapore court restrains crypto litigation in Hong Kong

A Singapore court has restrained a BVI-incorporated company from pursuing litigation in Hong Kong against a US developer of stablecoins, finding the case should be heard in SIAC arbitration.

Posted on 03/12/2024

Construction yet to begin on Singapore’s 4th egg farm, which was scheduled to start operations in 2024

The amount of funds needed to complete the farm has now risen beyond S$110 million, from the initial projected cost of more than S$100 million.

Posted on 03/12/2024

JPMorgan Chase fined $1.8M for overcharging for bond trades by Singapore’s central bank

Singapore’s central bank said Monday it was fined JPMorgan Chase’s (NYSE:JPM) 2.4M Singapore dollars ($1.79M) for failing to detect and prevent misconduct by its relationship managers.  The Monetary ...

Posted on 03/12/2024

Russia Seizes Ukraine Territory the Size of Singapore

It is believed that Ukraine will continue to experience some tough months ahead as Russian forces continue to make gains over the winter.

Posted on 03/12/2024

Singapore’s Fintech Firm WadzPay Reports SGD 50M Investment Commitment from GEM

WadzPay Worldwide, an innovator in the blockchain tech and financial services company, announced it secured a capital commitment of SGD $50M.

Posted on 03/12/2024

Singapore deepfake extortion plot could have sought to destabilise society, analysts say

Hostile actors could have assumed that with a general election nearing, Cabinet ministers - who were among those targeted - would be more willing to pay up, according to one observer.

Posted on 03/12/2024

Singapore’s energy sector set to offer unprecedented bonuses in 2025, transport firms drive salary boom

SINGAPORE: Employers in the city-state’s energy and utilities sector are poised to offer the most generous bonuses as the country heads into 2025, with all surveyed companies planning to provide at least one month or more in bonus payouts, according to a recent survey by recruitment agency ManpowerGroup published by the Business Times.

Posted on 03/12/2024

Singapore College Students’ Toughest Test Is Dodging Chinese Tourists

Universities draw gawking travelers, annoying scholars; ‘like observing zoo exhibits’ ...

Posted on 02/12/2024

Singapore central bank fines JPMorgan $1.8 million over misconduct by relationship managers

Singapore's central bank said on Monday it fined U.S. lender JPMorgan Chase S$2.4 million ($1.79 million) for failing to prevent and detect misconduct committed by its relationship managers.

Posted on 02/12/2024

Top legislator receives United Overseas Bank leader in Singapore

Tran Thanh Man received Wee Ee Cheong, Deputy Chairman and Group Chief Executive Officer of United Overseas Bank (UOB) – one of the world’s top banks, within the framework of his ongoing official ...

Posted on 02/12/2024

Man in Singapore fined RM6.7mil for evading duty, GST on 427 motor vehicles imported into Singapore

A 44-year-old man involved in various vehicle businesses has been fined S$1.5 million (RM6.7 million) for fraudulent evasion of duty and goods and services tax (GST) on 427 motor vehicles imported ...

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