News

MAS fines five firms for AML breaches in June

The penalties were issued on 27 June 2025 following inspections that uncovered failures to comply with key AML/CFT requirements.

UOB, Frasers Thailand to support investments in Thailand, Vietnam, Indonesia

UOB Thailand will offer financial solutions to business expanding in the three countries.

Mizuho Bank began streaming prices on SGX FX

The bank aims to offer enhanced service and unprecedented access to real-time market data.

MAS seeks feedback on product disclosure, complex product rules

MAS states its proposals aim to strengthen disclosure effectiveness.

MOH plans new not-for-profit private hospital

It aims to address soaring healthcare costs.

Ever Glory completes $31.5m acquisition of Guthrie Engineering

The payment for the acquisition will be made in two tranches.

HSBC Life Singapore appoints Chong to new commercial leadership role

Chong brings over 20 years of experience in banking and insurance.

High Court approves Thomson View en bloc sale

It is the largest residential collective sale since 2023.

Grand Venture Technology confirms ongoing talks with third party

The talks could lead to an offer for Grand Venture’s shares.

NIO deliveries up 17.5% YoY in June

Total deliveries for Q2 reached 72,056 vehicles.

Former SIM CEO is Koltiva's new Executive Chairman

Joe Keen Poon has 30 years of experience in scaling sustainable and tech-driven enterprises.

KKR launches new financial advisory platform in Singapore

It aims to support firms with strategy, tech, and compliance.

Civmec completes acquisition of Luerssen Australia

The acquisition was funded from Civmec’s existing cash reserves.

SATS raises age limit for retirement, re-employment

The policy will take effect immediately and is expected to benefit more than 700 employees.

Singapore flex space demand jumps 37% in Q1

Premium workspace pricing sat 36% above the market average.