TWO individuals have been sentenced to jail in the first Wirecard-related conviction in Singapore and globally. They pled guilty to charges for their role in the scandal. James Aga Wardhana, who was ...
Duo jailed for helping finance vice-president embezzle funds in first Wirecard conviction
The alleged mastermind, Wirecard Asia vice-president of controlling and international finance Edo Kurniawan, escaped Singapore before he could be apprehended. He is at large, with an Interpol red ...
Two Ex-Wirecard Asia Employees in Singapore Sentenced to Jail
Two former employees of Wirecard Asia Holdings Pte were handed prison terms in Singapore for their roles in conspiring to misappropriate money.
Asia is the most expensive region in the world according to spending patterns of the super-rich; Singapore takes top spot, report shows
The Global Wealth and Lifestyle Report says Asia remains the most expensive region in the world, with spending patterns of high-net-worth individuals confirming it is the most costly region to live we ...
Stock Market Live: Sensex, Nifty 50 poised for a negative start
Indian equity benchmarks BSE Sensex and NSE Nifty 50 are likely to open lower tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was last trading 75.5 ...
Operator Sim Leisure says took risk by buying over ‘failed’ Kidzania Singapore, Khazanah not involved in sale
After acquiring Kidzania Singapore for just S$110,000 or around RM380,000, Singapore-based theme park operator Sim Leisure Group Ltd (SLG) said state sovereign fund Khazanah Nasional Bhd was never ...
Traveloka launches pilot climate action checkout for Singapore consumers in partnership with South Pole
Traveloka users in Singapore will be able to purchase carbon credits and contribute to global climate action when booking flights on the platform. The revenue generated will be invested in wastewater ...
How have Singapore IPOs been performing?
We take a look at the stock prices of recent high-profile Singapore-linked IPOs. They are Grab, PropertyGuru, Nio, Ohmyhome, and GoTo.
Singapore SMEs encouraged to implement flexible work arrangements
Smaller companies may face some challenges when it comes to implementing flexible work measures. Read more at straitstimes.com.
Copper miner Amman Mineral raised $715 mln in Indonesia’s biggest IPO this year – sources
Indonesian copper miner Amman Mineral Internasional raised 10.73 trillion rupiah ($715.81 million) in the country's biggest initial public offering (IPO) this year, according to a source with direct ...
PE firm TPG exits Shriram Finance; sells entire stake for Rs 1,390 crore
TPG India Investments II Inc — offloaded the shares of non-banking financial company Shriram Finance Ltd in 18 tranches.
Some Silicon Valley Bank Customers Still Owe Loan Payments Despite Losing Their Deposits, Report Says
Asia-based clients of Silicon Valley Bank were not protected by the U.S. banking regulator's deposit protection after the bank collapsed in March—meaning those ...
Two Thai firms to light up South-east Asia’s IPO market with listings worth $3.3 billion
Both IPOs would solidify South-east Asia’s current status as a global IPO hot spot. Read more at straitstimes.com.
Singapore reports job slowdown: How this will affect Indians residing there
Singapore's total employment has expanded at a slower rate and job vacancies have shrunk for the fourth straight quarter. This is bad news for Indian professionals in Singapore, whose numbers have alm ...
Credit Suisse’s Singapore Private Bankers Moving to UBS Offices
Credit Suisse private bankers in Singapore will move to UBS Group AG’s flagship offices near a prime shopping district in the city-state as the merger of the two banks begins in earnest, according to ...
Jardine Matheson’s Investment Arm To Partner With Southeast Asian Car Marketplace Carro
Jardine Cycle & Carriage (JC&C), the Southeast Asia-focused investment arm of Hong Kong-based conglomerate Jardine Matheson, has teamed up with Singapore’s online automotive marketplace Carro in a ...