Two Singaporean Indians jailed for scamming US victims out of a million dollars

One of the Indian convicts, a chartered accountant, set up Singapore-incorporated companies whose accounts were used for receiving scam proceeds. The other Indian convict was paid to be listed as a ‘director’ of these companies but without any due diligence responsibilities.

Singapore and Laos sign agreement to collaborate on carbon credits

Under the MOU, both countries will collaborate on carbon credits aligned to Article 6 of the Paris Agreement. The scope of cooperation includes working towards a legally binding Implementation Agreement that sets out a bilateral framework for the international transfer of correspondingly adjusted carbon credits, exchange of best practices and knowledge on carbon market mechanisms.

Temasek reports SGD 389 billion Net Portfolio Value in FY24, up by SGD 7 billion from FY23, based on RoI from US and India

One of the Indian companies that benefited from Temasek’s sustainability-oriented investments was the electric vehicle manufacturer Mahindra Electric Automobile.

Singapore FinTech Festival 2024 to take place from 6-8 November, spotlight on artificial intelligence and quantum technology

Organised by the Monetary Authority of Singapore (MAS), Elevandi, and Constellar, in collaboration with The Association of Banks in Singapore, SFF 2024 will examine the transformative potential of artificial intelligence (AI) and quantum computing in revolutionising financial services and to deliver sustainable and inclusive economic growth.

HSA seizes 350,000 e-vaporisers and components worth over SGD 6 million, disrupts largest distribution network in Singapore

The Central Narcotics Bureau also got involved as HSA found 14 e-vaporisers suspected to contain a controlled drug tetrahydrocannabinol (THC), a psychoactive substance that can cause anxiety, disorientation, or paranoia.

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