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Month: February 2025

Posted on 19/02/2025

Activists to hold vigils to protest death penalty in Singapore as a Malaysian man awaits execution

Rights activists in Singapore and Malaysia will hold candlelight vigils to protest capital punishment as Singaporean authorities prepare to execute a Malaysian man for drug trafficking despite mountin ...

Posted on 19/02/2025

Singapore studying the suitability of SMR in potential nuclear power deployment: Deputy prime minister

Gan Kim Yong, Singapore's deputy prime minister, discusses the possibility that Singapore will deploy nuclear energy, saying that the government has been watching the development of small modular ...

Posted on 19/02/2025

Robinhood to Roll Out Crypto Offerings in Singapore by Late 2025 via Bitstamp

Robinhood Markets is preparing to introduce crypto services in Singapore next year through Bitstamp which it acquired in 2024 ...

Posted on 19/02/2025

Mandatory 3-year lock-in period for new business-owned private hire cars in Singapore

Vendor leak meant LTA brought forward the announcement, which comes into effect today Read more at The Business Times.

Posted on 19/02/2025

Singapore bank UOB hits record high after Q4 earnings beat, $2.2 billion capital return

SINGAPORE (Reuters) -Shares of Singapore's United Overseas Bank, or UOB, hit a record high on Wednesday after it posted a 9% rise in fourth-quarter net profit that beat expectations and announced a ...

Posted on 19/02/2025

JP Morgan upgrades Singapore equities to overweight

JP Morgan analysts upgraded Singapore equities to overweight on Wednesday, citing inexpensive valuations, high dividend yields as well as government initiatives to revive the domestic stock market. In ...

Posted on 19/02/2025

Singapore Bank UOB’s Q4 Profit Beats Forecasts, Unveils $2.2 Billion Capital Return

SINGAPORE (Reuters) - Singapore's United Overseas Bank, or UOB, maintained its guidance for 2025 after posting on Wednesday a 9% rise in fourth-quarter net profit that beat expectations and announcing ...

Posted on 19/02/2025

UOB announces $3 billion package of special dividends and share buybacks, Q4 profit up 9%

The bank reported a record net profit of $6 billion for 2024, 6 per cent higher than the previous year. Read more at straitstimes.com.

Posted on 19/02/2025

DBS, HSBC have best-performing mobile banking apps in Asia, according to a new report

Hong Kong and Singapore have the best performing mobile banking apps in Asia, a global study found, though they lag behind some Western counterparts that do a better job of integrating services from ...

Posted on 19/02/2025

Singapore bank UOB’s Q4 net profit rises 9%, announces $2.2 billion package to return surplus capital

Singapore's United Overseas Bank, or UOB , reported on Wednesday a 9% rise in net profit in the fourth quarter from a year earlier on the back of higher net interest income supported by loan growth.

Posted on 19/02/2025

Exxon’s fourth floating oil production facility for Guyana departs from Singapore

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country's waters, according to a ...

Posted on 19/02/2025

DeepSeek GPU smuggling probe shows Nvidia’s Singapore GPU sales are 28% of its revenue, but only 1% are delivered to the country: Report

Reports show that nearly 28% of Nvidia's revenue in 2024 came from Singapore despite the country only receiving around $600 million worth of GPUs at around the same time.

Posted on 19/02/2025

Exxon’s fourth FPSO for Guyana departs from Singapore, company, vessel data says

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country's waters, according to a ...

Posted on 19/02/2025

Electronics sector loses momentum as NODX slips in January: expert

NODX contracted by -3.3% MoM in January, marking the first decline after two months of growth. The dip in Singapore's non-oil domestic exports (NODX) in January 2025 reflects a technical pullback ...

Posted on 19/02/2025

Robinhood To Move Into Asia’s Crypto Scene, Singapore Likely First

Robinhood new revenues were up 115% year-over-year for 2024, surpassing 25 million users. Hong Kong issued five crypto operator licenses in 2024, and Singapore issued ...

Posted on 19/02/2025

Robinhood plans to launch crypto in Singapore in 2025 – report

Robinhood Markets (NASDAQ:HOOD) is preparing to offer crypto in Singapore in 2025, an extension of its recent acquisition of European digital-assets exchange Bitstamp, according to a media report.

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