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Month: December 2024

Posted on 27/12/2024

Singapore PM Lawrence Wong to deliver Budget speech on Feb 18

SINGAPORE (The Straits Times/ANN): The 2025 Budget statement will be delivered in Parliament on Feb 18 by Prime Minister Lawrence Wong. There will be live television and radio coverage of the Budget ...

Posted on 27/12/2024

Singapore PM Lawrence Wong to table Budget 2025 on Feb 18

The 2025 Singapore Budget Statement will be tabled in Parliament on Feb 18 by Prime Minister and Finance Minister Lawrence Wong. It will be ...

Posted on 27/12/2024

Issue #5: Bus and MRT Fares Are Going Up, HSBC Extends Live+ Card’s 8% Cashback, and More

Did you see these coming? Public transport fares are going up (boo), and one of the most exciting new cards launched this year is getting its 8% cashback extended (yay!). These are headlines you might ...

Posted on 27/12/2024

This Singapore stock surged more than 370% in 2024

Singapore shares had a very good year, outperforming many of their regional peers. Read more at straitstimes.com.

Posted on 27/12/2024

OCBC disposes entire 33.33% stake in Hong Kong Life Insurance

Oversea-Chinese Banking Corporation (OCBC) announced that its wholly-owned subsidiary, OCBC Bank (Hong Kong) is selling its entire 33.33% stake or 190 million shares in Hong Kong Life Insurance to Yue ...

Posted on 27/12/2024

Shell shuts down oil processing unit to investigate leak, Singapore’s port authority says

Shell has shut down an oil processing unit at its Pulau Bukom facility to investigate a suspected leak, Singapore's Maritime and Port Authority (MPA) and National Environment Agency (NEA) said on ...

Posted on 27/12/2024

I Visited Singapore With My 3-year-old — Here’s Why It’s a Low-key Dream Destination for Kids

In Singapore, public cleanliness is paramount — spitting and chewing gum are illegal. And the City in Nature lives up to its name, with trees and gardens covering almost 50 percent of the small island ...

Posted on 27/12/2024

Singapore Institute of Advanced Medicine exploring new business areas, optimistic for 2025

SINGAPORE – Beleaguered cancer treatment firm Singapore Institute of Advanced Medicine has plans in place to make 2025 a better year than the troubled 12 months it has just endured. The firm, which ...

Posted on 27/12/2024

Singapore market unlikely to repeat 2024’s high; moderate returns expected for 2025

While the Singapore market is unlikely to see a similar performance in 2025, analysts said that it will remain stable going into the new year.

Posted on 27/12/2024

Director of household appliances company fined S$280,000 for evading GST, falsifying documents

SINGAPORE: A director of a firm that sells household appliances has been fined S$280,000 (US$206,000) for fraudulently evading Goods and Services Tax (GST) on imported goods and falsifying documents.

Posted on 27/12/2024

Singapore’s blue-chip gauge closes 0.3% higher

SINGAPORE shares rose on Friday (Dec 27), with the Straits Times Index (STI) closing marginally higher after Wall Street was little changed overnight, post-Christmas. Read more at The Business Times.

Posted on 27/12/2024

Singapore’s port handled record of over 40 million shipping containers in 2024

SINGAPORE – Singapore’s largest port operator PSA handled over 40 million shipping containers, or twenty-foot equivalent units (TEUs), in 2024, a record-breaking feat that it has called a “significant ...

Posted on 27/12/2024

Singapore’s container throughput hits over 40 million TEUs in 2024, breaks record

THE box throughput handled by the Singapore port in 2024 surpassed 40 million twenty-foot equivalent units (TEUs), exceeding its record of 39 million TEUs in 2023. Read more at The Business Times.

Posted on 27/12/2024

Study In Singapore: SINGA Offers Fully Funded PhD or EngD Scholarship For International Students

The Singapore International Graduate Award (SINGA) is now accepting applications for the January 2026 intake. In partnership with top Singaporean colleges and research institutions, this fellowship ...

Posted on 27/12/2024

Citing better portfolio mix, OCBC Investment Research raises fair value for Keppel DC REIT

A third data centre, dubbed KDC SGP 9, is slated for development on the same site as the other two data centres ...

Posted on 27/12/2024

Singapore fuel oil stocks rise to more than 8-year high

The following table details Singapore's onshore oil products inventory held by up to 14 major oil and oil storage companies as of Dec. 25, according to data released on Thursday by Enterprise ...

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