Tag: Singapore

Singapore arrests 17 men for theft oil belonging to Shell
Energy

Singapore arrests 17 men for theft oil belonging to Shell

Singaporean authorities have arrested seventeen men have been arrested for misappropriating fuel from Shell Singapore, the police said in a statement later today. The men, aged between 30 and 63, are suspected of misappropriating fuel from Shell’s Pulau Bukom manufacturing site. Shell Singapore had lodged a report in August last […]

Financial regulators are investigating Standard Chartered in Singapore, Europe
Global

Financial regulators are investigating Standard Chartered in Singapore, Europe

British financial service provider, Standard Chartered is under investigation in Singapore and Guernsey after the bank processed certain payments with questionable sources. The Monetary Authority of Singapore (MAS) and Guernsey’s Financial Services Commission are investigating a transfer of USD1.4 billion carried for a client from Guernsey to Singapore. According to […]

Starbucks extends license of Maxim’s Caterers into Singapore
Global

Starbucks extends license of Maxim’s Caterers into Singapore

Starbucks Coffee Company has extended the license of Maxim’s Caterers Limited into Singapore. The company is its long-time strategic partner, a restaurant operator of multiple brands across Asia. Under the agreement, Maxim’s Caterers will operate Starbucks operations in Singapore. The move further accelerates Starbucks operations in this important market and […]