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Singapore fines Citibank, UBS and others in RM10b money laundering crackdown involving Chinese nationals

Singapore fines Citibank, UBS and others in RM10b money laundering crackdown involving Chinese nationals

SINGAPORE, July 4 — Singapore’s central bank said today it has penalised several top global financial institutions, including Citibank and Swiss lender UBS, for breaches linked to the island-state’s biggest money laundering case. Ten people...

Singapore’s Helmsman grows banking practice with hire from Gateway

Singapore’s Helmsman grows banking practice with hire from Gateway

Singapore law firm Helmsman has hired Teoh Su Yin as a director in its corporate, banking and finance practice group, as the firm continues to expand its capabilities in the financial services sector. Teoh Su Yin leaves Gateway Law to join...

Singapore Sees Surge in Fraud Losses Amid Rising APP Scam Threats

Singapore Sees Surge in Fraud Losses Amid Rising APP Scam Threats

Cybercriminal strategies increasingly shift in Singapore, revealing vulnerabilities amidst a surge in human-led attacks. In a striking revelation, the LexisNexis Risk Solutions Cybercrime Report APAC 2025 underscores a significant shift in the...

Singapore asset manager Primrose gets Abu Dhabi ADGM approval

Singapore asset manager Primrose gets Abu Dhabi ADGM approval

Singapore-based asset manager Primrose Capital Management has received an in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi’s financial market ADGM as it expands access to the $500 billion family office...

A*Star, Siemens launch manufacturing R&D collaboration in Asean

A*Star, Siemens launch manufacturing R&D collaboration in Asean

[Singapore] The Agency for Science, Technology and Research (A*Star) and German industrial manufacturer Siemens signed a memorandum of understanding (MOU) on Friday (Jul 4) to jointly develop smart and sustainable manufacturing solutions for...

Medow Health AI debuts AI scribe tool in Singapore

Medow Health AI debuts AI scribe tool in Singapore

Australian healthtech company Medow Health AI has launched its artificial intelligence (AI)-powered scribe platform in Singapore to help healthcare providers in the city-state streamline clinical documentation, alleviate administrative workloads...

The Most Underrated Luxury Travel Destinations for Singaporeans

The Most Underrated Luxury Travel Destinations for Singaporeans

When it comes to luxury travel, most Singaporeans tend to think of the usual suspects, like Paris, Tokyo, and the Maldives. But there’s a whole world of understated, thoughtful luxury that often flies under the radar. These are places that don’t...

Hong Kong eyes crypto gains as Singapore clamps down

Hong Kong eyes crypto gains as Singapore clamps down

Hong Kong stands positioned to get hold of crypto liquidity as Singapore tightens regulations on unlicensed cryptocurrency companies. The Monetary Authority of Singapore’s June 30 deadline for crypto service providers to stop offering digital...

Unprecedented Heatwave Hits Matcha Production: Global Demand Soars Amid Price Surge

Unprecedented Heatwave Hits Matcha Production: Global Demand Soars Amid Price Surge

Devotees of the highly coveted matcha green tea may need to dig a little deeper into their pockets as a result of unprecedented temperatures in Japan causing a considerable decrease in matcha production. This comes amid a worldwide surge in demand...

Fasten Enterprises Marks 47 Years of Industry Expertise with Grand Opening of New Office and Expanded Digital Presence

Fasten Enterprises Marks 47 Years of Industry Expertise with Grand Opening of New Office and Expanded Digital Presence

SINGAPORE, July 4, 2025 /PRNewswire/ — Fasten Enterprises Pte Ltd proudly celebrates its 47th anniversary with the successful grand opening of its new office and warehouse at T-Space, further strengthening its commitment to innovation, quality,...

‘I’ve been quiet fired from my job, what should I do?’: Singaporean worker asks after being put on no-pay leave

‘I’ve been quiet fired from my job, what should I do?’: Singaporean worker asks after being put on no-pay leave

SINGAPORE: We’ve all heard of quiet quitting — disengaging from hustle culture for a more balanced life — but what can we do in cases of quiet firing? That’s the situation for a local Reddit user, who sought advice from others, being somewhat at a...

10 Free Things for Singaporeans to Do in Bintan for a Budget Getaway

10 Free Things for Singaporeans to Do in Bintan for a Budget Getaway

Bintan might be known for its beach resorts and watersports, but there’s a quieter side to the island too. If you’re not looking to spend on activities or entrance fees, there’s still plenty to explore. Think early morning beach walks, hilltop...

PTTEP books Energy Drilling’s rig for offshore campaign

PTTEP books Energy Drilling’s rig for offshore campaign

Singapore’s tender-assisted drilling provider Energy Drilling, a wholly owned subsidiary of Cyprus-headquartered SED Energy Holdings, has signed a multi-year contract with Thailand’s national oil and gas company PTT Exploration and Production...

Pierre Herme grows Asian footprint with mega store in Singapore’s RWS

Pierre Herme grows Asian footprint with mega store in Singapore’s RWS

LUXURY confectioner Pierre Herme Paris – founded by its namesake French patissier famed for his Ispahan macarons – is expanding its dessert empire with a groundbreaking concept in Singapore that will serve as a test bed for its growth in Asia and...

UOB Hong Kong becomes first Singapore-based bank to sign MOU with HKTDC

UOB Hong Kong becomes first Singapore-based bank to sign MOU with HKTDC

UOB Hong Kong and the Hong Kong Trade Development Council (HKTDC) signed a landmark Memorandum of Understanding (MOU) at the ASEAN Conference 2025 in Singapore, marking a significant milestone in regional collaboration between the Guangdong-Hong...

Shatec closure marks setback for Singapore's hospitality workforce development

Shatec closure marks setback for Singapore's hospitality workforce development

Shatec, a Singapore institution that has trained hospitality professionals for over four decades, is winding down its operations, a local Chinese-language newspaper Lianhe Zaobao has reported. According to the report, operations have gradually...

UK and Singapore form alliance to guide AI in finance

UK and Singapore form alliance to guide AI in finance

The UK and Singapore are laying the groundwork for what might become a blueprint for international AI cooperation in finance. For their tenth annual Financial Dialogue, representatives from the UK’s Financial Conduct Authority and Singapore’s...

Indonesia’s Pertamina seeks spot gasoline, including Singapore cargoes

Indonesia’s Pertamina on Wednesday sought up to 1.5 MMbbl of 90-octane grade of gasoline, including supplies from Singapore, for delivery between July 20 and July 30 on a free-on-board basis in a spot tender, according to a document seen by media,...

Del Monte Foods’ bankruptcy rebounds on its Singapore-listed parent company

Del Monte Foods’ bankruptcy rebounds on its Singapore-listed parent company

Del Monte Foods, best known for its canned vegetables and fruits, filed for bankruptcy earlier this week and is looking for a buyer. The nearly 140-year-old brand announced on Tuesday that it is voluntarily entering Chapter 11 as “part of an...

Maison Krug Spotlights the Humble Carrot at Southeast Asia’s First Ambassade Summit in Singapore

Maison Krug Spotlights the Humble Carrot at Southeast Asia’s First Ambassade Summit in Singapore

Maison Krug Champagne celebrates the carrot as 2025’s single ingredient in a gastronomic tribute across the region. Maison Krug will mark a milestone moment in its culinary calendar this July with the launch of Southeast Asia’s inaugural Krug...

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