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Month: January 2025

Posted on 12/01/2025

DBS shares crosses S$45 for the first time

Shares of Singapore’s biggest bank DBS reached S$45 for the first time on Wednesday (Jan 8). Read more at The Business Times.

Posted on 12/01/2025

Singapore must help immigrants, foreign workers adapt to country’s social norms: SM Lee

Senior Minister Lee Hsien Loong says Singapore must help immigrants and foreign workers adapt to the country's social norms and welcome them as part of its extended family. He says that while the ...

Posted on 11/01/2025

Vietnam’s GDP to grow seven per cent in 2025, says UOB

The Singapore-based United Overseas Bank (UOB) has forecast that Vietnam's gross domestic product (GDP) growth will reach seven per cent in 2025, following a strong momentum from 2024, local media has ...

Posted on 11/01/2025

Japan’s NTT appoints banks for $1 billion data center REIT IPO in Singapore

Japan's Nippon Telegraph & Telephone Corp (NTT) has appointed Bank of America and UBS to work on a $1 billion data centre real estate investment trust listing in Singapore, two sources with knowledge ...

Posted on 11/01/2025

Why Singapore’s First Family Is Locked in a Bitter Feud Over a House

A son of the country’s founding father says he has been persecuted by the government because of a feud with his older brother, who until May was prime minister.

Posted on 11/01/2025

Singapore teen pleads guilty in fatal LTA officer motorbike chase and retracts earlier remark about ‘not to be blamed’; sentencing Jan 23

Through his lawyer, the teen expressed remorse, apologising to the family of LTA officer Zdulfika Ahakasah, and retracting his earlier statement that he was “not to be blamed” ...

Posted on 11/01/2025

Asia leads with 60% of the world’s crypto users, according to the 2024 Global Crypto Adoption Index

A study by Foresight Ventures and Primitive Ventures has revealed that Asia leads other continents with the largest number of crypto users globally. According to the report, countries such as India, ...

Posted on 11/01/2025

Micron to Expand in Singapore with US$7 Billion AI Chip-packaging Facility

Micron Technology (NASDAQ:MU) announced a US$7 billion investment to build a high-bandwidth memory (HBM) chip-packaging facility in Singapore to meet rising global demand for artificial intelligence ...

Posted on 11/01/2025

Singapore banks reverse midweek gains; STI down 1.6% ahead of US jobs data

The outcome here left the Straits Times Index (STI) down a chunky 1.6 per cent or 61.04 points to 3,801.56, with the banks taking a major hit. Losers outnumbered gainers 346 to 192 on trade of 898.6 ...

Posted on 11/01/2025

Singapore SMEs register improved health in Q4: OCBC SME Index

SMEs are looking to expand overseas and improve business in 2025. The OCBC SME Index expanded to 50.7 in Q4 2024, its third consecutive quarter of expansion. Trade-related industries, particularly ...

Posted on 11/01/2025

Singapore SMBs adopt AI with 94% using or testing the technology

Common applications include marketing campaign optimisation, automated service chatbots, and lead prioritisation. AI adoption has become widespread amongst small and medium-sized businesses (SMBs) in ...

Posted on 11/01/2025

Micron to invest $7bn in memory chip manufacturing in Singapore

Micron plans to invest around $7 billion over the next five years to boost memory chip production in Singapore. The company announced the investment on the same day it broke ground on a new ...

Posted on 10/01/2025

EDB’s Tan Kong Hwee to take over as Ipos chief executive from March 1

SINGAPORE – Mr Tan Kong Hwee will take over as Chief Executive of the Intellectual Property Office of Singapore (Ipos) from March 1, taking over from Mrs Rena Lee. Prior to this, he will be appointed ...

Posted on 10/01/2025

EDB executive vice-president Tan Kong Hwee to be appointed CEO of Ipos

TAN Kong Hwee, executive vice-president of the Singapore Economic Development Board (EDB), will be appointed the chief executive of the Intellectual Property Office of Singapore (Ipos) on Mar 1. Read ...

Posted on 10/01/2025

Issue #7: What’s Happening This Week?—Singapore Passport Ranked #1, Etiqa launches Shariah-compliant ILP, and More

Keep abreast with our weekly round-up of Singapore's top finance news stories and releases, including updates on property, markets, and more.

Posted on 10/01/2025

Your Guide to Insurance At Every Life Stage

I recently did a YouTube video talking about the types of insurance one should consider getting in their 20s. And as much as I wish insurance could be a one-time effort, the truth is that your ...

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