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Month: June 2024

Posted on 06/06/2024

HSBC to open 3 wealth centres in Singapore by Q1 2025 as part of pivot to wealth banking

HSBC plans to open three wealth centres in Singapore by the first quarter of 2025, as part of its strategy to build its international and wealth propositions. Read more at The Business Times.

Posted on 06/06/2024

HSBC to open three wealth centres in Singapore by 1Q2025

HSBC is opening three wealth centres in Singapore by the first quarter of 2025, with the first one opening within this month at the central business district. The remaining two wealth centres will be ...

Posted on 06/06/2024

HSBC To Open 3 Wealth Centers in Singapore by 1Q25

Ashmita Acharya, HSBC's Head of Wealth Management and Personal Banking in Singapore, announced yesterday (4th) that HSBC will open three wealth centers in Singapore prior to the first quarter of next ...

Posted on 06/06/2024

A Struggling Business Park Deals a Blow to Singapore’s Regional Hub Ambitions

Singapore’s commercial real estate market has been a standout amid a global downturn, with one major exception.Most Read from BloombergBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSE ...

Posted on 06/06/2024

‘An end of an era’ with Singapore’s Archipelago Brewery set to close

The brewery will close at the end of June due to "declining craft beer market realities and high operational costs", Asia Pacific Breweries told CNA.

Posted on 06/06/2024

Top-notch Printing Services by Print That Now: Leading Name Card Printing Company in Singapore

Print That Now is a premier provider of printing services in Singapore, recognized for its exceptional quality and ...

Posted on 06/06/2024

‘Horror fish’ found on beach in Singapore, netizens shocked at new find

A rather weird-looking fish-like creature suddenly poked out of the sands on the shore in Singapore and the man who found it was left stunned at its bizarre features.

Posted on 06/06/2024

Gearing up for Singapore’s nuclear option

UNTIL recently, the idea of harnessing nuclear energy in Singapore would likely have been dismissed out of hand, to no surprise. Read more at The Business Times.

Posted on 06/06/2024

Singapore retail sales worse than expected in April with 1.2% drop

Retail sales in Singapore fell in April, snapping three months of gains and coming in worse than expected, as tourist arrivals cooled. Takings at the till dropped 1.2 per cent in April from the ...

Posted on 06/06/2024

Why Singapore could be the ‘tipping point’ for ASEAN renewable and grid development

Heavily reliant on gas, the country is still on track for its 2035 net-zero target, but could be more ambitious to hit its 2050 goal by 2045. TALKS about regional grid interconnection amongst ...

Posted on 06/06/2024

VIS/NXP Singapore Fab Points to Supply Chain Shift

The fab's Singapore location provides geographic supply chain diversification for NXP & Vanguard and supports demand from non-China customers ...

Posted on 06/06/2024

Singapore’s trade finance banks warned over environmental crime risks

The Monetary Authority of Singapore (MAS) has warned the city-state is vulnerable to criminals laundering the proceeds of environmental crime and is urging local banks to conduct greater scrutiny of ...

Posted on 06/06/2024

TSMC-Backed Vanguard, NXP Plan On Building $7.8B Semiconductor Facility In Singapore

Vanguard and NXP to create semiconductor joint venture in Singapore. New fab to produce 55,000 wafers per month by 2029. VIS will contribute $2.4 billion, securing a 60% equity stake in the initiative. NXP will invest $1.6 billion for a 40% stake.

Posted on 06/06/2024

Fitch: Singapore is unlikely to attract large data centre investments, as Malaysia has drawn most of it over the past years

Despite Singapore's efforts, many major foreign investors appear more drawn to neighbouring markets like Malaysia ...

Posted on 06/06/2024

Rise in identity cybersecurity breaches in Singapore is due to multi-cloud and artificial intelligence

SINGAPORE: According to CyberArk, the increase in identity cybersecurity breaches in Singapore is mainly due to the widespread use of multi-cloud and artificial intelligence (AI), which creates many ...

Posted on 06/06/2024

TSM-backed Vanguard, NXP to build $7.8B chip wafer plant in Singapore

NXP Semiconductors (NASDAQ:NXPI) and Vanguard International Semiconductor are forming a joint-venture called VisionPower Semiconductor Manufacturing Company to build a $7.8B 300mm semiconductor wafer ...

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