Tag: Banking

DBS exec: Hong Kong fund flows to Singapore are “overstated”

Singapore — Because of the ongoing political unrest, are the rich folks of Hong Kong really flocking to Singapore? DBS claims otherwise. In an interview with CNBC, DBS chief executive Piyush Gupta stated that news of fund flows from Hong Kong to Singapore are "overstated"...

Hong Kong millionaires rush to move their assets to Singapore

Singapore — The current civic and political unrest in Hong Kong is giving another demographic cause for concern. More and more Hong Kong millionaires are worried about the potential ramifications of the political crisis in their homeland and are using Singapore's banks to transfer...

I Got Robbed in Tokyo – Stan Chart Says It’s My Fault

Getting robbed can be a traumatic experience – especially if it happens in a foreign country, and ends in a surgery ward. You'd expect an ounce of sympathy for the victim. But this month, I found out first hand how far that sympathy extended,...

Let’s not stoop to Anton Casey’s level

Dear fellow Singaporeans, I write these words with concern over the extent to which the Anton Casey has brought out the worst in us as human beings. To put things in perspective, I am neither a foreign talent, nor am I linked to the Government....

Singapore: Tax haven or not

The Treasury
While Singapore banks are consistently ranked among the strongest in the world, allegations of secrecy remain By Gaurav Sharma Amid growing concern internationally on the use of financial centres to hide illicit funds or evade taxes, Singapore has initiated stringent efforts to ensure that the country...