Singapore is to introduce a one-off increase in the pay of government ministers, including Prime Minister Lawrence Wong, despite continuing domestic disapproval over the high salaries received by the country’s political leaders.
Singapore state investment firm Temasek Holdings is in advanced negotiations to acquire a minority stake in Quest Global Services, a deal that would value the engineering solutions provider at approximately $4.6 billion,
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Temasek Holdings Pte. has been “forced to hedge” its US dollar exposure this year as the greenback’s slide weighs on returns for global investors, according to Chief Executive Officer Dilhan Pillay. Speaking
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Singapore’s government is moving ahead with plans to designate 38 Oxley Road — the former home of founding leader Lee Kuan Yew — as a national monument, reigniting a years-long dispute over
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Singapore police have carried out one of the country’s most sweeping financial crime operations in years, confiscating hundreds of millions of dollars in assets — including luxury cars, a yacht and extensive
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A series of newly released court documents has exposed the shadowy tactics and lucrative rewards behind Black Cube’s secret investigation into online gaming group Evolution, revealing how the private intelligence firm received
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The Central Bank bond scandal of 2015 remains Sri Lanka’s most notorious financial fraud, and its transnational ramifications continue to test the limits of international law. Despite Sri Lanka’s decade, long pursuit
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Singapore’s private home prices rose for a fourth consecutive quarter, signaling sustained demand for new units and suggesting the property boom in the city-state is likely to continue, according to final figures
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Two former bankers at Citigroup Inc. and Julius Baer Group Ltd. are set to plead guilty for their alleged roles in facilitating illicit fund transfers linked to Singapore’s largest money-laundering scandal, Bloomberg
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Singapore-based hedge fund manager Jimmy Lim will stop running money for Millennium Management LLC after more than eight years, people familiar with the matter told Bloomberg. By mutual agreement, Lim’s Modular Asset
More Temasek Holdings Pte, Singapore’s state-owned investment firm, will reorganize its S$434 billion ($338 billion) portfolio from April 1 as part of a major overhaul aimed at sharpening its strategic focus, Bloomberg News
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