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Month: February 2025

Posted on 28/02/2025

New MAS measures signpost Singapore stock market’s importance, says SGX’s Head of Equities

Ng Yao Loong, Head of Equities at the Singapore Exchange, discusses the Monetary Authority of Singapore's proposed new scheme to boost SGX-listed Singaporean equities.

Posted on 28/02/2025

Yakin Medic sets sights on global growth with Singapore IPO plan

ONE of Malaysia's leading providers of active live stem cell therapies, Yakin Medic Sdn Bhd, is set to expand into new markets as part of its broader growth strategy.

Posted on 28/02/2025

Singapore declines to extradite Arjuna Mahendran implicated in bond scam

The Singaporean authorities have cited inability to extradite former Central Bank Governor Arjun Mahendran to Sri Lanka in terms of the legal system of that country, posing a fresh challenge for the ... ( read original story ...)

Posted on 28/02/2025

Mother, son jailed 2 weeks for lying to IRAS over ’99-to-1′ property purchase

SINGAPORE: A mother and her son were sentenced to jail on Friday (Feb 28) over an attempt to minimise property taxes for a condominium purchase via a "99-to-1" scheme. Ng Chiew Yen, 56, and Keith Tan ... ( read original story ...)

Posted on 28/02/2025

GST hike did not ‘turbocharge’ inflation as WP chief asserted; figure fell in both years of tax increase: PM Wong

Singapore would have ended up with fiscal deficits last year and for this year’s projected balance, without the Goods and Services Tax increase and unexpected rise in corporate income tax collections, ...

Posted on 28/02/2025

3 men in Singapore charged over Nvidia server fraud tied to China

Three Singapore men were charged with stealing from a supplier of computer servers, shedding light on the role of local intermediates in the global distribution of Nvidia Corp. chips.

Posted on 28/02/2025

Dollar draws strength from Trump’s tariffs; crypto slumps

Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday that hit risk-sensitive currencies such as the Australian dollar and sent ...

Posted on 28/02/2025

Mother and son jailed in first prosecution of ‘99-to-1’ property purchase scheme

The pair were sentenced to two weeks' jail after pleading guilty to two charges each. Read more at straitstimes.com. ( read original story ...)

Posted on 28/02/2025

S’pore ‘top destination’ for wealthiest investors to expand global footprint: HSBC

Some 19% of Indian entrepreneurs and 15% of Taiwanese entrepreneurs interviewed are considering moving all their personal wealth to Singapore.

Posted on 28/02/2025

Olympic champion Lydia Ko strikes it hot in Singapore

Lydia Ko surged up a tight leaderboard with a five-under-par 67 in scorching Singapore on Friday to trail South Korea's Kim A-lim by one shot after the second round of the HSBC Women's World ...

Posted on 28/02/2025

HSBC Women’s World Championship: Olympic champion Lydia Ko one shot off lead at Sentosa

Kiwi three-time major champion shoots 5-under-par 67 – to move to one shot behind leader Kim A-lim of South Korea, who shot a 69.

Posted on 28/02/2025

LPGA Singapore: Charley Hull tied for third after two rounds of the HSBC Women’s World Championship

First-round leader A Lim Kim holds the lead after 36 holes with a 69 but Charley Hull and Hall of Famer Lydia Ko both move into contention at HSBC Womens World Championship; watch the HSBC Womens Worl ...

Posted on 28/02/2025

DBS Keeps Their Buy Rating on First Resources (Singapore) (FTROF)

DBS analyst William Simadiputra maintained a Buy rating on First Resources (Singapore) (FTROF – Research Report) today and set a price target ...

Posted on 28/02/2025

Dollar draws strength from Trump’s tariffs; crypto gets blasted

Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday that hit risk-sensitive currencies such as the Australian dollar and sent ...

Posted on 28/02/2025

Singapore stocks fall as trade tariff concerns re-emerge overnight; STI down 0.7%

Regional markets were also in the red on Feb 28. South Korea’s Kospi shed 3.4 per cent, Hong Kong’s Hang Seng Index declined 3.3 per cent, Japan’s Nikkei 225 fell 2.9 per cent, and the Kuala Lumpur ...

Posted on 28/02/2025

Who is Catherine Wu, adviser said to be the reason behind Singapore’s 4th richest billionaire Kwek Leng Beng’s feud with son?

Catherine Wu, adviser to Singaporean billionaire Kwek Leng Beng, has emerged as a key figure in the tycoon’s feud with his son Sherman Kwek after the latter called her the “primary reason” behind the ...

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