Casinos will now look into a customer’s bank accounts as soon as it crosses the new threshold. “The adjustment is made so that Singapore casinos can better combat money laundering and terrorism ...
Temasek on deal hunt to boost returns for Singapore
In March, Singapore approved the merger between Tata-owned Air India and sister airline Vistara, a joint venture between Tata and Temasek-backed Singapore Airlines. The deal has been touted as ...
Singapore to tighten regulations to prevent misuse of casinos for terrorism financing
Casinos will soon have to perform due diligence checks when receiving cash deposits of S$4,000 (US$2,950) or more, down from the current threshold of S$5,000.
Investment Ministry meets Singaporean businessmen for further projects
The Ministry of Investment organised a meeting between Singaporean businessmen specialised in infrastructure, water, energy, engineering consultancy, integrated design, project management and ...
Shein’s 2022 sales grow 4x ahead of IPO to close in on Zara
CHINA-FOUNDED Shein started surging in popularity in 2020 amid the Covid-19 pandemic, as customers who were stuck at home logged on to the online retailer to buy cheap clothes. The financials of its ...
Niva Bupa Health files draft IPO prospectus to raise Rs 3,000 crore
The issue consists of a fresh issue of Rs 800 crore and an offer for sale of upto Rs 2200 crore by its existing shareholders and promoters.
4 Singapore Stocks to Watch for in July
Under these PPAs, Sembcorp Power, a wholly-owned subsidiary of the group, will supply up to 10 MW of electricity to three of GSK’s manufacturing sites in Singapore. These PPAs have tenures of up to 10 ...
Singapore’s Tourism Boost: Which Companies can Benefit from it?
High-profile singers such as Taylor Swift and Coldplay held sold-out concerts in Singapore back in January and February. Because of the arrival of these superstars, tourist numbers have surged.
Singapore’s Central Bank Partners with Top Financial Bodies to Standardize Tokenisation
The Monetary Authority of Singapore (MAS) announced a significant expansion in ... Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including ...
Boost your returns: 5 Singapore stocks with dividends surpassing CPF SA rates
While this rate is attractive, here are five Singapore stocks with dividends surpassing CPF SA rates, according to The Smart Investor. Straits Trading Company (STC) is a diversified conglomerate ...
Singapore cops arrest three people; bank accounts with over RM4.45mil seized over suspected scam-related activities
SINGAPORE(The Straits Times/ANN): Three people were arrested for their suspected involvement in scam-related activities, following a joint operation by the police and DBS Bank. Forty corporate bank ...
Singapore’s CapitaLand eyes $110M investment in Vietnam industrial land
Singapore’s property developer plans to spend up to SGD150 ... The company is also looking to expand its investment in Malaysia and Thailand. Industrial land rents are expected to rise by 7% in the ...
3 arrested, bank accounts with over $1.28m seized over suspected scam-related activities
SINGAPORE - Three people were arrested for their suspected involvement in scam-related activities, following a joint operation by the police and DBS Bank. Forty corporate bank accounts with more than ...
Does Singapore’s 5-year deal with Disney Cruise Line mean ship has sailed for Hong Kong?
Hong Kong’s two deepwater cruise terminals – Ocean Terminal in Tsim Sha Tsui and the Kai Tak Cruise Terminal – are still recovering slowly from a three-year Covid-related lockdown.
Singapore stocks lower again on Friday—STI dropped by 0.1%
SINGAPORE: Singapore stocks lower again on Friday’s open, June 28, reflecting a subdued global market. The Straits Times Index (STI ... Jasper Investments was the most actively traded stock by volume, ...
Singapore’s CapitaLand focuses on Vietnam as supply chains leave China
SINGAPORE -- Singapore-listed property manager CapitaLand Investment plans to deploy up to $110 million in Vietnam to build or acquire industrial factories, expecting demand from manufacturers ...