Shell on Monday flagged impairment charges of about $2.5 billion to $4.5 billion for the fourth quarter, mainly related to the Singapore refining and chemicals hub the oil major is looking to sell.
Shell to take up to $4.5B impairment impact in Q4 mainly due to Singapore assets
Shell, the oil major, expects to incur a non-cash impairment charge of $2.5-$4.5 billion in Q4 due to external factors and its portfolio choices, ...
Singapore’s HDB will launch 19,600 BTO flats in 2024 and reduce number of sales exercises
HDB announced the launch of 19,600 BTO flats and will be making some changes to BTO launches in 2024. Here are the changes you can expect. ( read original story ...)
KPMG, SBF call for Budget 2024 to enhance Singapore’s tax competitiveness, promote ESG
BUDGET 2024 is a chance for Singapore to reinforce its status as a hub for business, wealth management, and sustainability-linked investments, said the Singapore Business Federation (SBF) and ...
Upbit Singapore Expands Institutional Foothold With Major Payment License From MAS
Upbit Singapore secures MAS Major Payment License, paving the way for institutional growth and global compliance leadership in digital assets.
Singapore companies to invest S$5bil in India’s Tamil Nadu state
CHENNAI: Singapore companies will invest S$5 billion in several areas, including infrastructure, technology, sustainability and data centres, in Tamil Nadu, expanding Singapore’s presence in the ...
Singapore Predicts Daily Highs Over 34C in New Government Report
The daily average temperature in tropical Singapore is likely to range between 29.3C and 32.9C (84.7-91.2F) by 2100, according to new models of the effects of climate change from the government’s ...
Raise Singapore’s regional status and competitive edge: KPMG and SBF joint Budget 2024 recommendations
KPMG and SBF have made joint recommendations to improve tax regimes, and help businesses with ESG transformation.
Haj pilgrimage: All 900 slots allocated to Singapore have been taken up, with 54,000 waiting for their turn
The Islamic Religious Council of Singapore confirms allocation of all 900 Haj spots while highlighting a waiting list of 54,000 in the registration system.
Commentary: 3 big shifts to watch out for in Singapore’s healthcare system in 2024 as it prepares for challenges ahead
Healthier SG, Age Well SG, Cancer Drug List, a new Implant Subsidy List and more. Healthier SG and Age Well SG shift the focus from disease to health and well-being, while the two Lists clarify what s ...
Crypto exchange Upbit gets full Singapore licence
This will allow the exchange to expand its institutional business and increase the number of digital assets it lists. Read more at straitstimes.com.
Singapore firms, India’s Tamil Nadu state sign MOUs worth S$5 billion
SINGAPORE: Singapore firms and India's Tamil Nadu have concluded S$5 billion (US$3.7 billion) in planned investments at the Tamil Nadu Global Investors Meet held in Chennai. The investments will be ...
Does Singapore finally have global cool? Ask Taylor Swift
In 2018, Singapore was voted one of the least exciting cities in ... It is often described as safe and stable – worthy virtues when trying to attract investment flows, not so much when you’re trying ...
Singapore Stock Market May Regain 3,200-Point Level
The Singapore stock market on Friday wrote a finish to the three-day slide in which it had tumbled more than 60 points or 2 percent.
Singapore Telecommunications Limited’s (SGX:Z74) stock price dropped 4.9% last week; private equity firms would not be happy
Key Insights The considerable ownership by private equity firms in Singapore Telecommunications indicates that ...
AA Reit renews two master leases at Singapore properties
The two master leases contributed about 6.6 per cent to the gross rent of the Reit’s total portfolio. Read more at straitstimes.com. ( read original story ...)