SGX

Fewer inquiries for family offices after S$2.8B money laundering case

SINGAPORE: In the wake of the S$2.8 billion money laundering case in August, the largest in Singapore’s history, inquiries for setting up family offices appear to have slowed down, reported Nikkei Asia earlier this week. While the number of family offices...

MAS: Retail customers will be restricted from using local credit cards to buy cryptocurrencies

SINGAPORE: On Thursday, Nov 23, the Monetary Authority of Singapore MAS revealed stricter rules for cryptocurrency trading, tightening regulations for crypto transactions. These rules, set to take effect in phases from mid-2024, are part of the regulatory body's ongoing...

Temasek issues warning against scammers using its name in China

SINGAPORE: Global investment company Temasek Holdings Limited issued a warning on Wednesday (Nov 22) about a scam in China that involves the impersonation of Temasek in Shenzhen. The scammers are even using the company’s registered office name of “Temasek...

Singtel’s Optus secured 4 new spectrum lots for S$29.4M

AUSTRALIA: Singapore Telecommunication, Singtel's Australia-based subsidiary, Optus, secured four new spectrum lots for S$29.4 million. The four new spectra acquired are 20MHz mid-range 3.7GHz spectrum lots in the latest government auction, as reported by The Edge Singapore. The total value...

TiE Global Summit 2023 debuts in SG, fuels global entrepreneurship

SINGAPORE: The TiE Global Summit 2023 (TGS) recently concluded its eighth edition flagship event, gathering over 2,000 attendees for a pivotal moment in global collaboration and knowledge exchange among entrepreneurs. The event, with the theme #GoodForTheWorld, emphasised the role...

More SG workers consider quitting within 6 months of getting hired

SINGAPORE: A new study has shown that freshly hired workers are no longer as excited about being in their new jobs as they have been in the past. The “honeymoon period” for having a new job appears to be...

More than 50% of so-called “eco-friendly” product labels lack supporting evidence

SINGAPORE: "Eco-friendly", "Green", "Sustainable" — When it comes to products with such labels, do you instantly assume you're buying something that protects the earth? As it turns out, you probably shouldn't be so quick to judge a product by...

Choosing carats over career: 36yo jeweller polishes up family business, boasts of holding SG’s largest gemstone collection

SINGAPORE: In Singapore, where less than 10% of family businesses plan for succession, Benny's Gems Creations is an exception. Isabelle Lum, a 36-year-old second-generation jeweller who chose carats over her career, revived her father's gemstone business during the challenging...

Bid for hawker stall at Golden Mile Food Centre reaches S$6K/month

SINGAPORE: The highest bid for a hawker stall from Oct 13 to 26 was S$5,999 for one located at Golden Mile Food Centre. This is according to the list of five highest tender bids for the period published by...

PropertyGuru to get new Chairman

SINGAPORE: Top property marketplace PropertyGuru announced on Thursday (Nov 16) the appointment of a new Chairman whose term begins at the beginning of next year. Mr Ray Ferguson will step into his role as an independent non-executive director and...
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Kala Manickam calls out Ng Chee Meng’s political comeback: ‘Jalan Kayu doesn’t need a politician staging a return‘

SINGAPORE: In a striking public statement ahead of the upcoming General Election, Red Dot United (RDU) member Kala Manickam,...
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