Singaporean media on September 20 reported local police have seized or frozen more than 1.76 billion USD worth of assets in one of the biggest money laundering cases ever uncovered in the city-state.
Singapore investors driven more by returns for green investments, with focus on tech solutions
It found that 68 per cent of investors in Singapore said nature is now considered a part of their investment strategy. They were also most likely to expect increased returns and reduced nature risk in ...
Chinese Origin Clients With Foreign Passports Reportedly Under Scrutiny In Singapore After $1.8M Money Laundering Fiasco
In the aftermath of a substantial money laundering scandal involving S$2.4 billion ($1.8 billion) last month, banks based in Singapore have increased their vigilance towards clients of Chinese origin ...
Singapore banks tighten oversight on foreign clients post-money laundering scandal
In a bid to strengthen its financial integrity following a money laundering scandal, Singapore's banking sector has increased its oversight of clients of Chinese descent holding foreign citizenships.
More SE Asia firms consider U.S. IPOs, filling void left by China peers
Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.
Singapore financial firms shrink gender pay gap
SINGAPORE: The gender pay gap for women working in Singapore’s finance industry narrowed to 15.6% in 2022, almost half the 27.1% gap of a decade ago, the city-state’s Manpower Ministry said in a ...
Ola Electric eyes IPO filing by end-October in expedited listing plan
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising ...
Singapore money laundering case snowballs further to over S$2.4 billion in assets seized or frozen
SINGAPORE: A massive, transnational money laundering case that surfaced in Singapore has further swelled to now involve over S$2.4 billion (US$1.8 billion) in seized or frozen assets. This more than d ...
5 Singapore Stocks That Paid Out Dividends in September
We profile five stocks that dished out dividends this month. The post 5 Singapore Stocks That Paid Out Dividends in September appeared first on The Smart Investor.
India’s Ola Electric eyes IPO filing by end-Oct in expedited listing plan-sources
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising. In an email to its bankers and lawyers on Sunday, an Ola ...
Ola Electric eyes IPO filing by Oct-end to raise up to $700 mn: Report
Ola Electric plans to file regulatory papers for its up to $700-million IPO before the end of October as the e-scooter maker fast-tracks its listing move, said a report on Wednesday. Backed by ...
Ola Electric Likely To File For IPO By October-end In Expedited Listing Plan: Report
Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion in a recent fund raising.
Son of Singapore’s Former Prime Minister Charged With False Trading Offenses
The development adds to a number of scandals in the financial hub known for its zero tolerance for corruption.
Former Singapore PM Goh Chok Tong’s son among 4 men charged with false trading
Prosecutors say he might receive more charges at a later date Goh Jin Hian, the former chief executive officer of Singapore-based investment holding company New Silkroutes Group, was charged on ...
Soft Start Seen For Singapore Shares
The Singapore stock market has moved lower in consecutive trading days, sinking almost 40 points or 1.2 percent in that span. The ...
Singapore shares fall as cautious investors await Fed’s next move
SINGAPORE shares fell on Tuesday (Sep 19) in tandem with most regional indices, with investors cautiously waiting on the upcoming US Federal Reserve meeting that is taking place over the next two days ...