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Month: June 2024

Posted on 13/06/2024

DBS targeting to grow wealth management assets to S$500 billion within next 2 years

SINGAPORE: DBS Group has set an ambitious goal to increase its wealth management assets to... The post DBS targeting to grow wealth management assets to S$500 billion within next 2 years appeared firs ...

Posted on 13/06/2024

George Yeo raises stakes in Creative Technology and Wilmar International; SGX buys back shares

Former minister George Yeo bought shares at two listed companies where he serves as their respective independent directors. On June 7, Yeo acquired 200,000 Wilmar International F34 - ...

Posted on 13/06/2024

Siltronic Opens $2.2 Billion Wafer Fab In Singapore Amid Booming Chip Demand

Germany's Siltronic has opened a $2.2 billion wafer factory in Singapore as demand for chips used in mobile devices, electric vehicles and data centers increases.

Posted on 13/06/2024

Singapore wants to revive its stock market. Could major Asian markets have the answers?

Could Singapore take lessons from Japan and South Korea’s value up programs to make its exchange more attractive? Analysts weigh in.

Posted on 13/06/2024

Singapore Port Container Logjam Worsens as Ships Avoid Red Sea

Singapore’s port, already one of the busiest in the world, is facing a sustained period of congestion as vessel diversions to avoid the Red Sea push more container ships to the Asian maritime hub.

Posted on 13/06/2024

Man, 46, to be charged for stealing, damaging carpark facilities in Singapore

SINGAPORE - A 46-year-old man who allegedly stole a carpark’s gantry barrier arms and caused damage to a building management’s wheel clamps has been arrested, the police said ...

Posted on 13/06/2024

Singapore aims to better manage electricity supply with enhanced energy management system

The new system uses sensors, satellite imagery and machine learning to forecast sunlight levels an hour ahead at greater accuracy than ever before.

Posted on 13/06/2024

Container prices surge 26%; some lines shifting transshipment from Singapore to regional ports amid congestion

THE average shipping container prices in Singapore has increased by 26 per cent from October 2023 to May 2024, reflecting a “substantial increase” in demand for capacity amid global port congestion.

Posted on 13/06/2024

5 Singapore Stocks Sporting Dividend Yields of 5.4% or Higher

Management expects the housing market outlook to remain stable for 2024 supported by Singapore’s economic growth and the ... but don’t want the stress of stock watching, this report is for you. Click ...

Posted on 13/06/2024

Generative AI in court? How technology can help enhance access to justice

Tech tools can simplify complex processes and improve efficiency, but considerations arise around ethics and the human touch lawyers provide. Read more at straitstimes.com.

Posted on 13/06/2024

Singapore, Malaysia to keep overall approach to engagement but also pursue new ideas: PM Wong

SINGAPORE and Malaysia will continue efforts to resolve long-standing bilateral issues while also exploring new possibilities, said Prime Minister Lawrence Wong during his first trip to Malaysia since ...

Posted on 13/06/2024

Singapore’s Wong and Malaysia’s Anwar say both countries’ ties can be Asean model

Singapore PM Lawrence Wong was making his first official trip to Malaysia since taking office, a day after an introductory visit to Brunei.

Posted on 13/06/2024

Singapore To Study VLEO Operations With New Satellite

Singapore To Study VLEO Operations With New Satellite is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN ...

Posted on 13/06/2024

Hyundai Modeling US Manufacturing Footprint After Eco-friendly Singapore

The new-generation Hyundai production facilities will go beyond a traditional manufacturing landscape and include green technologies.

Posted on 12/06/2024

Economists downgrade Singapore’s manufacturing outlook, keep 2024 growth forecast at 2.4%

That's according to a quarterly survey conducted by the Monetary Authority of Singapore of 26 analysts. The finance and insurance sector is expected to be the main driver of growth for this year, ...

Posted on 12/06/2024

New OCBC initiative prepares poly grads for full-time banking and finance roles

OCBC Ignite, an accelerated banking career programme, will take in 500 poly students in the next three years. Read more at straitstimes.com.

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