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Month: January 2025

Posted on 31/01/2025

US Investigates If DeepSeek Got Nvidia Chips From Firms in Singapore, Report Says

U.S. officials are investigating whether Chinese artificial intelligence startup DeepSeek skirted American export restrictions on advanced chip sales and bought advanced Nvidia (NVDA) semiconductors ...

Posted on 31/01/2025

Singapore’s manufacturing sector shows positive outlook for 2025: survey

Business sentiment in Singapore manufacturing sector remains positive despite ongoing uncertainties in geopolitics and the global economy according t ...

Posted on 31/01/2025

STI up 1.4% as Singapore shares track regional gains on Friday

SINGAPORE - Singapore shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened following the two-day break for the Chinese New Year holidays.

Posted on 31/01/2025

HSBC Launches Its Inaugural Wealth Centre, Redefining The Standard for Premier Elite Clients And High-Net-Worth Individuals

Artist Red Hong Yi’s masterpiece takes pride of place at the wealth centre, adding a unique cultural touch to the experience.

Posted on 31/01/2025

US looking into whether DeepSeek bought Nvidia chips from Singapore companies: report

THE US is looking into whether Chinese artificial intelligence (AI) company DeepSeek got around US export restrictions by buying Nvidia chips through companies in Singapore, Bloomberg reported on ...

Posted on 31/01/2025

Singapore shares track regional gains on Friday; STI up 1.4%

SINGAPORE shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened following the two-day break for the Chinese New Year holidays. Read more at The Business Times ...

Posted on 31/01/2025

DBS in talks with Singapore IPO candidates, some with potential $1.35 billion valuations

The SGX candidates were earlier keen on US listing but now reconsidering Singapore. Read more at straitstimes.com.

Posted on 31/01/2025

DBS signs mandates for Singapore listings with potential valuations of US$1 billion

DBS, South-east Asia’s biggest bank, has several listings lined up for the Singapore market, including some potential blockbusters with valuations of US$1 billion. Read more at The Business Times.

Posted on 31/01/2025

US looking if DeepSeek got Nvidia AI chips through Singapore, other countries: Source

Organised AI chip smuggling to China has been tracked out of countries including Malaysia, Singapore and the United Arab Emirates, the source said. The Commerce Department and DeepSeek did not ...

Posted on 31/01/2025

Did DeepSeek illegally import NVIDIA AI chips through Singapore? US officials to investigate

Several experts, including Elon Musk and Howard Lutnick, nominated to head the US Commerce Department, recently suggested that DeepSeek had found ways to avoid US sanctions. Analysts suspect that Deep ...

Posted on 31/01/2025

US investigates DeepSeek’s access to Nvidia chips via Singapore

US officials are deep into an investigation to find out if Chinese AI startup DeepSeek found a backdoor route to Nvidia’s high-end chips through Singapore, evading American export bans.

Posted on 31/01/2025

Singapore Remains Indonesia’s Top Investor, Hong Kong and China Trail Behind

Singapore maintains its position as the largest investor in Indonesia. In 2024, the total investment reached US$20.1 billion.

Posted on 31/01/2025

Young people in Singapore buying into ‘buy now, pay later’ services: Payment processing firm

SINGAPORE – More than 70 per cent of Gen Z people in Singapore used “buy now, pay later” (BNPL) services in 2024, the highest percentage among all age groups, according to a 2024 report by payment ...

Posted on 31/01/2025

‘Waste of money and time’: Singapore Gen Z, millennials are over traditional nightlife

Gen Z and young millennial Singaporeans have a long wish list of changes for Singapore’s nightlife, starting with more affordable drinks and greater variety in nightlife offerings.

Posted on 31/01/2025

‘Tax refund’ e-mails from Singapore Customs are scams, warns authority

Customs would not send hyperlinks for cash transactions and such e-mails are not from them, said the agency. Read more at straitstimes.com.

Posted on 31/01/2025

Singapore to ease unmanned aircraft regulations from Feb 14

SINGAPORE: The Civil Aviation Authority of Singapore (CAAS) will ease regulations on unmanned aircraft from Feb 14, including removing the limit on the number of aircraft weighing above 250g that a ...

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