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Tag: Singapore

Posted on March 5, 2025

Singapore banks face margin squeeze despite strong results: Moody’s

Looking ahead to 2025, Moody’s said banks may expect mid- to high-single-digit loan growth. Singapore’s three largest banks—DBS, OCBC, and UOB—posted strong financial results in 2024, maintaining …
Posted on March 5, 2025

Singapore banks face margin squeeze despite strong results: Moody’s

Looking ahead to 2025, Moody’s said banks may expect mid- to high-single-digit loan growth. Singapore’s three largest banks—DBS, OCBC, and UOB—posted strong financial results in 2024, maintaining …
Posted on March 5, 2025

Singapore considering caning for financial scammers; to tackle malicious websites

Singapore, Mar 4 (PTI) Singapore will consider caning financial scammers in certain cases, in recognition of the serious harm they cause, Minister of State for Home Affairs and Social and Family …
Posted on March 5, 2025

Exclusive: PowerChina unit sues Laos utility, claims $555 million in unpaid dues

A unit of China’s state-owned Power Construction Corp of China (PowerChina) has sued Laos utility Electricite du Laos (EdL) in Singapore claiming $555 million in unpaid dues from a hydropower project, …
Posted on March 5, 2025

Exclusive: PowerChina unit sues Laos utility, claims $555 million in unpaid dues

A unit of China’s state-owned Power Construction Corp of China (PowerChina) has sued Laos utility Electricite du Laos (EdL) in Singapore claiming $555 million in unpaid dues from a hydropower project, …
Posted on March 5, 2025

Billionaire’s Adviser At The Center Of Singapore Property Giant’s Boardroom Battle Resigns

An adviser at the center of the City Developments boardroom brawl between billionaire Kwek Leng Beng and his son, Sherman, has resigned a week after the family feud became public.

( read original story …)



Posted on March 5, 2025

Singapore considering canning for financial scammers; to tackle malicious websites

Singapore, Mar 4 (PTI) Singapore will consider caning financial scammers in certain cases, in recognition of the serious harm they cause, Minister of State for Home Affairs and Social and Family …
Posted on March 5, 2025

Singapore considering canning for financial scammers; to tackle malicious websites

Singapore, Mar 4 (PTI) Singapore will consider caning financial scammers in certain cases, in recognition of the serious harm they cause, Minister of State for Home Affairs and Social and Family …
Posted on March 5, 2025

Malaysia Denies Knowledge of Unauthorized Nvidia Chips Amid Singapore Fraud Case

Malaysia has no evidence suggesting that data center companies in the country are using unauthorized Nvidia (NVDA, Financials) artificial intelligence chips, Malaysian Trade Minister Tengku Zafrul …
Posted on March 4, 2025

Malaysia’s NationGate shares nosedive 30% before rebounding amid Singapore’s Nvidia chip fraud probe

KUALA LUMPUR] Malaysia’s NationGate was caught in the fallout of Singapore’s investigation into the alleged fraudulent transfer of Nvidia’s advanced artificial intelligence (AI) chips, sending its …

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