Westports announced in a filing with Bursa Malaysia that Tan Sri Gnanalingam passed away peacefully on Tuesday, at the age of 78. “Gnanalingam was the founder of the company and a source of ...
Tata Communications to buy balance stake in Singapore’s Oasis Smart Sim for Rs99.3 crore
Oasis develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies. It has delivered over 350 million operating systems worldwide, worked ...
Singapore’s Temasek says it’s not looking to invest in crypto firms amid current regulatory uncertainties
Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong called the loss "disappointing" and damaging for Singapore's reputation. In May, Temasek then announced it is cutting the salaries ...
Asian Development Bank, Singapore’s Energy Market Authority partner to promote clean energy
The Asian Development Bank (ADB) and the Energy Market Authority (EMA) of Singapore have signed a memorandum of understanding (MoU) that paves the way ...
Singapore stocks advance with focus on key US inflation data; STI up 0.5%
SINGAPORE - Local shares finished higher for the second straight day on Tuesday, buoyed by China’s efforts to prop up its ailing property sector, and ahead of key US inflation data. Read more at ...
Singapore state investor Temasek posts worst returns since 2016
Its global direct investments, particularly in technology, health care and payments, saw "a reversal of gains" in the 12 months ending March 31 this year.
Singapore’s Temasek posts worst performance in 7 years, remains positive on China tech despite markets slump
The drop in net portfolio value is its first since the 2019 financial year and came amid intensified global market volatility.
Singapore state investor Temasek posts negative annual return, its first since 2020
Its global direct investments, particularly in technology, healthcare and payments, saw "a reversal of gains" in the 12 months ending March 31 this year.
Singapore’s Temasek reports portfolio value drop, positive on China tech
Singapore investment firm Temasek Holdings (TEM.UL) on Tuesday posted a 5.2% drop in its net portfolio value to S$382 billion ($284.65 billion) in the financial year that ended in March.
Can Foreigners Overseas Open a Singapore Bank Account 100% Digitally?
Say goodbye to endless paperwork and long queues at bank branches—OCBC has become the first bank in Singapore to fully digitalise the account opening process for foreigners. That means foreigners ...
Man grabs $600 that elderly woman withdrew from Tampines ATM, durian vendor grabs man’s neck
A durian vendor went to the rescue of an elderly woman when she was robbed of $600. Read more at stomp.straitstimes.com ...
Interest Rates and Returns for Singapore Savings Bonds (SSB) in July 2023
In recent months, the interest rate and therefore returns of the Singapore Savings Bond (SSB) have been at record highs. Should you buy the SSB? Read on as we delve deeper into the Singapore Savings ...
UOB to close Myanmar Airways International’s bank accounts by Aug 15
The airline has been asked to stop using the bank for outward transactions by July 21. Read more at straitstimes.com.
DBS sells 77.8% stake in AXS to private equity firm Tower Capital Asia
DBS has entered into an agreement to sell a 77.8 per cent stake in AXS to Tower Capital Asia in August 2023. How much will its minority stake be?
Singapore-based medical firm Genesis MedTech weighs up to US$500 million HK IPO: sources
GENESIS MedTech Group, a medical device company, has selected advisers for a potential initial public offering (IPO) in Hong Kong, according to people familiar with the matter. Read more at The ...
‘What is the point?’: Singapore has more quiet quitters than global average, survey shows
About 38 per cent said it was because of low compensation and rising cost of living. Read more at straitstimes.com.