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Month: February 2025

Posted on 13/02/2025

Life insurance sales in Singapore up nearly 20% to $5.9 billion in 2024

Sale of investment-linked plans jumped 41 per cent amid economic uncertainty and higher interest rates. Read more at straitstimes.com.

Posted on 13/02/2025

Singapore’s SMEs missing out on S$800m annually due to idle cash

Over 2 in 5 keep their cash idle in deposits and bank accounts. Singapore’s small and medium enterprises (SMEs) are estimated to be missing out S$800m annually by keeping cash idle in low-yield bank ...

Posted on 13/02/2025

Alberta Fund Shuts Singapore, New York Offices; Two Senior Executives Leave

Alberta Investment Management Corp. has decided to shutter its new offices in Singapore and New York as it retrenches from its global expansion plan.

Posted on 13/02/2025

Singapore Dollar Strengthens Amid Recovering Risk Appetite

The Singapore dollar strengthened against its U.S. counterpart in the Asian session, as risk appetite recovered alongside mild gains in U.S. stock-index futures.

Posted on 13/02/2025

Nearly 40% of Singapore investment professionals foresee improvement in private capital market

SINGAPORE: Singapore’s private capital market is poised for a potential upswing in 2024, with 38.5% of investment professionals expecting conditions to improve, according to a r ...

Posted on 13/02/2025

SMEs must expand overseas, invest in upskilling for long-term growth: DBS

EVEN as small and medium-sized enterprises (SMEs) grapple with rising business costs, they must continue to position themselves for long-term growth by expanding overseas and investing in upskilling, ...

Posted on 13/02/2025

Singapore shares open lower on Thursday; STI down 0.1%

SINGAPORE equities began Thursday (Feb 13) in negative territory, following mixed performance overnight in the US and Europe. Read more at The Business Times.

Posted on 13/02/2025

Singapore’s job market sees 11% decline as digitalisation and automation reshape hiring

SINGAPORE: Singapore’s job market has experienced an 11% drop in hiring over the past year, reflecting the ongoing shifts in workforce demand due to digitalisation, automation, ...

Posted on 13/02/2025

Temasek-Backed Cuscaden To Delist Singapore’s Paragon In Deal Valuing Shopping Mall REIT At $2.1 Billion

Cuscaden Peak Investments—backed by Singapore state-linked investor Temasek Holdings—is seeking to take Paragon REIT private in a deal valuing the shopping mall operator at $2.1 billion.

Posted on 13/02/2025

More than 100 job openings at Amazon Web Services as firm deepens investment in S’pore

AWS said its ongoing investment is expected to contribute around $23.7 billion to the country’s GDP. Read more at straitstimes.com.

Posted on 13/02/2025

Woelly William Shares Top Financial Management Strategies for Singapore’s Growing Businesses

In Singapore's fast-moving business world, managing money well is key for long-lasting growth. Woelly William a well-respected accountant in Singapore has helped many companies stay financially ...

Posted on 13/02/2025

Singapore companies see decline in anti-corruption disclosures, but matches Asean average: NUS Business School study

When it came to their disclosures on complying with relevant laws and their disclosures on their commitment to protecting whistleblowers against reprisal, Singapore companies scored 100% on both ...

Posted on 13/02/2025

Himanta Biswa Sarma-Singapore Deputy CM discuss semiconductors, other key topics

Assam CM Himanta Biswa Sarma met Singapore's Deputy PM to bolster India-ASEAN ties, focusing on semiconductors and green energy. Sarma invited investors, highlighting Assam's strategic benefits.

Posted on 13/02/2025

HSBC Asset Management invests in Singapore EV charging firm SP Mobility

HSBC Asset Management has invested in SP Mobility, operator of Singapore’s largest high-speed electric vehicle charging network, in a move to tap into opportunities related to energy transition in ...

Posted on 13/02/2025

DBS appoints group audit head Derrick Goh as group COO, a newly created role

The veteran has been with the bank since 2008, and will assume the newly created role from April 1. Read more at straitstimes.com.

Posted on 13/02/2025

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