Singapore

Singapore proposes strengthened anti-money laundering bill

This includes empowering law enforcement agencies in prosecuting ML offences.

Singapore proposes strengthened anti-money laundering bill

This includes empowering law enforcement agencies in prosecuting ML offences.

6 family office funds linked to $3b money laundering case granted tax incentives

These were withdrawn when the owners or their spouses faced charges or were convicted.

Boustead, Evotion Labs to launch EV battery swap stations in Singapore

Users can quickly exchange depleted motorcycle EV batteries for fully charged ones.

SG boosts EV adoption with incentives and infrastructure expansion

It includes reducing upfront costs for EV purchases by up to $40,000.

Keong Hong names Heng Fook Chang as new CFO

The firm booked a wider loss of $9.5m in 1H24.

Hiap Tong’s chairman of the audit committee retires

Yee Chia Hsing was recommended to replace Tay.

SATS upgrade airport lounges in Singapore

Improved Premier Lounge at Changi Airport Terminal 3 opened on 3 July.

Consumers want more engagement on social issues, corporate leaders disagree: report

85% believe that companies and brands should be responsible for addressing social issues.

Daily Markets Briefing: STI up 1.22%; Top stock is SATS

SATS is the top stock with a 3.89% increase.

Stock market booked $1.17b net institutional outflow in H1

UOB, OCBC, Singtel and Yangzijiang Shipbuilding book the most inflows.

Keppel consolidates units in strategic merger

The company has merged two of its subsidiaries to streamline organisational structure.

Samsung Hub and The Adelphi office units for sale at $14-$15m

The units are priced at $4,350 per sq ft and $2,950 per sq ft, respectively.

Ex-fund manager jailed for defrauding investors

His actions led investors to suffer US$342,500 in losses, says MAS.

FWD Singapore, Income Insurance partner amidst EV demand

Existing motor policies at FWD Singapore will remain unaffected.

Oiltek wins new contract, pushes order book to an all-time high of $124m 

The firm expects to fulfill its order book over the next 18 to 24 months.