Under the pretence of facilitating a loan deal, a man who was a bankrupt duped a director of three firms into handing over $1.5 million in February 2021.
Man fined $8,000 for illegally importing 6.3 tonnes of meat products
SFA officers found and seized the goods, which included chicken, duck and mutton products. Read more at straitstimes.com.
Regulatory hurdles: South Korea blocks crypto charity donations
South Korea has decided to remove virtual currencies as a form of donation. Kyunghyang Shinmun reported on May 5 that the Ministry of Public Administration has revised the “Donations Act,” but the ...
Crypto Venture Capital Funding Raised Over $1B in April and March, Signaling Onset of Bull Season
The blockchain infrastructure sector attracted over $1 billion in crypto funding in April, closely followed by the DeFi, and CeFi.
Singapore shares close higher, with Reits leading gainers
Market analysts say the outperformance comes amid improved investor sentiment towards inflation and interest rates. Read more at straitstimes.com.
Singapore battles to revive struggling stock market
Singapore is studying proposals to shake up its struggling stock market as the gap between the financial hub’s performance and other regional exchanges widens. Read more at The Business Times.
Singapore Airlines orders 1,000 tonnes of sustainable aviation fuel from Neste
SINGAPORE Airlines (SIA) has agreed to purchase one thousand tonnes of sustainable aviation fuel from renewable fuel producer Neste, the national carrier announced on Monday (May 6). Read more at The ...
South Korea stops short of allowing crypto in updated donation laws
The South Korean Ministry of Public Administration has amended its donations legislation, leaving out crypto as an option.
Citi promotes Damien Tan to corporate banking head for Singapore
CITI has named banking veteran Damien Tan as its head of corporate bank for Singapore. Read more at The Business Times.
Singapore’s private economy expands for 14 consecutive months, reports S&P Global
The seasonally adjusted S&P Global Singapore Purchasing Managers' Index posted 52.6 in April, marking the Singaporean private business condition's continued improving for 14 straight months, the S&P ...
Singapore examines wide-ranging proposals to revive its stock market
Singapore is studying proposals to shake up its struggling stock market as the gap between the financial hub’s performance and other regional exchanges widens.
Unravelling shadowy cross-border bird smuggling –Singapore sets an example
Wildlife trafficking doesn’t always make the headlines; even less so when the victims are of the feathered kind. Read more at straitstimes.com.
Request from ‘Singapore Customs’ to ‘complete freight charges’ for parcel delivery is a scam
Singapore Customs has warned that a request purportedly from the agency asking the recipient to "complete the freight charges and surcharge fees" is fake. In a Facebook post on May 3, Singapore ...
WSJ moves Asia HQ from Hong Kong to Singapore
The Wall Street Journal will shift its Asia headquarters from Hong Kong to Singapore, it said on Thursday in a letter sent to staff and seen by AFP.
‘We have exhausted all available resources’: Taiwanese merman performer claims Singapore bar owes him 3 months’ wages
When a merman performer from Taiwan started work at underwater-themed bar The Mermaid last November, things appeared to be going swimmingly. But around three months later, the performer, surnamed Wu,
Loss of trishaw tours in Singapore linked to road development plans, waning demand
In other cities like Malacca and Macao, trishaws have evolved with the times and remain cherished cultural icons, says a tourism expert.