The Enterprise Compute initiative will provide local enterprises with access to AI tools and expertise in a bid to spur AI adoption ...
Singapore’s Water Problem
Singapore is one of the most high-tech cities in the world. However, due to its hot climate and low altitude, the island city-state is the fifth country in the world most likely to face extremely high ...
Singapore’s UOB post record profits as it bets its Southeast Asia focus will drive growth amid global uncertainties
The bank's CEO Wee Ee Cheong said an enlarged customer base and enhanced platforms in the region positions UOB well.
Former manager at DBS Bank admits cheating 4 clients of $348k in total
Pang Yuheng, 28, had incurred significant debts to licensed moneylenders after suffering losses in online gambling. Read more at straitstimes.com.
Singapore banks hand billions of surplus capital to investors
United Overseas Bank joined larger rival DBS Group in returning excess capital to shareholders after delivering record-high earnings for the year.
Budget 2025 will ease business costs but challenges remain, say firms and trade associations
Firms and business associations that CNA spoke to largely welcomed measures to cushion rising costs, but also raised concerns about how the effects may be limited in some instances.
Singapore Flags Investments From Chips to Energy in Budget
Singapore plans to invest about S$1 billion ($744.8 million) for a new R&D semiconductor facility that will provide “great tools for researchers and industry partners” to boost innovation, according ...
Singapore bank UOB’s Q4 profit beats forecasts, unveils US$2.2b capital return
Singapore’s United Overseas Bank, or UOB, maintained its guidance for 2025 after posting today a 9 per cent rise in fourth-quarter net profit that ... ( read original story ...)
Singapore Budget 2025: Both generous and responsible, say experts
SINGAPORE: From private home owners and hawkers to those interested in sports and the arts, the Budget measures announced on Tuesday (Feb 18) provide support across diverse segments of society, ... ( read original story ...)
Budget 2025: Singaporeans to get up to S$800 in SG60 cash vouchers, income tax rebate capped at S$200
Up to S$1 billion will also be spent over the next 20 to 30 years to upgrade ageing hawker centres and build new ones.
OCBC: Singapore’s strong fiscal position acts as a buffer against U.S. tariff risk
Selena Ling of OCBC does not see any imminent recession risks for the Singapore economy. She says Singapore's trade deficit and strong security ties with the U.S. are "silver lining in the short term" ...
Singapore Budget 2025 seen benefiting banks, retail, new energy, AI, underpinning SGX
The renewable energy sector might reap Budget rewards as well. Sembcorp Industries and City Energy, a unit of Keppel Infrastructure Trust, could benefit as Singapore continues to assess the viability ...
Standard Chartered named banking partner for StraitsX stablecoins
The partnership aims to enhance the reserve management of StraitsX’s stablecoins. Standard Chartered Bank has been appointed as a trusted banking partner for StraitsX, a Singapore-licensed stablecoin ...
Robinhood (HOOD) to Expand Its Cryptocurrency Services to Singapore in 2025
Fintech company Robinhood Markets ($HOOD) is planning to expand its cryptocurrency services to Singapore in 2025, according to Bloomberg News.
Why are Singapore’s drug laws so strict?
The government’s narcotics bureau website claims it is an offence for citizens and permanent residents to consume drugs in Singapore and overseas. Consumption of controlled drugs carries an ...
Singapore likely to see ‘limited’ direct impact from U.S. tariffs: deputy prime minister
Singapore is likely to see only a 'limited' direct impact from U.S. tariffs because the country has a trade deficit with the U.S., said Gan Kim Yong, Singapore's deputy prime minister and minister for ...