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Month: February 2025

Posted on 11/02/2025

Assam CM Himanta Biswa Sarma meets semiconductor industry leaders in Singapore, promotes ‘Advantage Assam 2.0’

Assam Chief Minister Himanta Biswa Sarma held discussions with leaders from the semiconductor industry in Singapore on Tuesday.The meeting was part of his two-day visit to the country to promote the ...

Posted on 11/02/2025

Financial Services Roundup: Market Talk

Find insight on BPER Banca’s takeover offer, Maybank and more in the latest Market Talks covering financial services.

Posted on 11/02/2025

Hogan Lovells’ Singapore Office Secures Squire Partner As Regulatory Head

The addition comes as part of the U.S. firm’s strategy to strengthen its private funds, disputes and investigations capabilities in Asia, to “meet the evolving needs of clients in the region." ... ( read original story ...)

Posted on 11/02/2025

DBS maintains bullish view on GuocoLand following its 1HFY2025 results

DBS Group Research has maintained its "buy" call and $2 target price on GuocoLand following the developer's 1HFY2025 results, which came in ahead of estimates. For the six months ended Dec 31 2024, ... ( read original story ...)

Posted on 11/02/2025

Thailand’s second richest man Charoen retires as chairman of Thai-Singapore property developer Frasers Property

Property tycoon and billionaire Charoen Sirivadhanabhakdi has retired from the board of Thai-Singapore property developer Frasers Property on Saturday after 12 years of service. ( read original story ...)

Posted on 11/02/2025

Singapore to strike balance between short and long-term goals, including enhancing social compact: RHB

On the effects of US president Donald Trump’s second tenure as president, the RHB economists anticipate moderate supply chain disruptions in the inflation landscape, primarily confined to the US.

Posted on 11/02/2025

Singapore shares retreat as investors await Powell’s address, US inflation data; STI down 0.4%

Mr Powell is expected to make his first Congressional appearance since US President Donald Trump’s inauguration after the Singapore market closed on Feb 11. Markets expect the semi-annual testimony to ...

Posted on 11/02/2025

Trump tariffs are ‘punitive,’ former U.S. ambassador to Singapore says, warning of U.S. job losses

Lavin said that “we’re in for a bit of bad news in the near term,” adding that the tariffs will also hurt the auto industry in the U.S.

Posted on 11/02/2025

OCBC analyst raises DBS target price to S$50 after bank’s S$11.4B net profit in FY2024

SINGAPORE: OCBC Investment Research (OIR) analyst Carmen Lee raised her target price for DBS to S$50 after the bank posted an S$11.4 billion net profit for FY2024, an 11 per cent increase from the ...

Posted on 11/02/2025

11,000 employers on Iras auto-inclusion scheme failed to file on time in 2024

SINGAPORE – Some 11,000 employers or one in 10 on the tax authority’s auto-inclusion scheme (AIS), which allows employees to enjoy pre-filled tax returns, missed the deadline in 2024. This caused ...

Posted on 11/02/2025

Singapore Detains Teenager Radicalised by Far-Right Extremism

An 18-year-old Singapore student who was radicalised by violent far-right extremism online and who idolised the gunman behind deadly attacks on two mosques in New Zealand has been detained under the ...

Posted on 11/02/2025

Singapore’s Temasek-Backed Sponsor Plans to Take Retail REIT Private in $2 Billion Deal

Singapore's Temasek-backed sponsor of Paragon REIT offered to take the retail investment trust private, valuing it at more than $2 billion, in a bid to renovate its flagship shopping mall in the heart ...

Posted on 11/02/2025

The Full List of Digital Banks in Singapore and Their Top Benefits (2025)

ANEXT Bank claims to be the “Singapore’s first digital bank for SMEs”, and allows businesses to open an account with no setup or annual fees nor minimum balance maintenances. Its multi-currency ...

Posted on 11/02/2025

Trump tariffs are ‘punitive,’ former U.S. ambassador to Singapore says, warns of U.S. job losses

Lavin said that "we're in for a bit of bad news in the near term," adding that the tariffs will also hurt the auto industry in the U.S.

Posted on 11/02/2025

StanChart Unveils ‘SC PrismFX’ for Global Foreign Exchange Payments

Standard Chartered has launched SC PrismFX, a new suite of cross-currency transactional foreign exchange (FX) solutions.

Posted on 11/02/2025

Singapore Dollar Weakens Amid Rising Global Trade Tensions

The Singapore dollar weakened against its U.S. counterpart amid rising global trade tensions that typically undermine risk appetite.

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