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Month: February 2025

Posted on 11/02/2025

Singapore to deport Iranian-Malaysian couple over role in travel agency involved with terror-linked foreigners

The Iranian woman was involved in the operations of a Singapore-registered travel agency that had sponsored visa applications by terrorism-linked foreigners to enter the country.

Posted on 10/02/2025

Daily Cuts – Budget 2025: Expectations and wishlists for Singapore, from Singaporeans

Budget 2025 is set to be unveiled in parliament on 18 February by Finance Minister Lawrence Wong – his first as Prime Minister.  On Asia First, Hairianto Diman and Elakeyaa Selvaraji get the ...

Posted on 10/02/2025

Singapore releases new emissions targets for 2035, on track to reaching net zero by 2050

Singapore on Monday (Feb 10) committed to reduce its greenhouse gas emissions to between 45 and 50 million tonnes by 2035, down from around 60 million tonnes in 2030. Read more at The Business Times.

Posted on 10/02/2025

Room for Singapore-listed companies to improve anti-corruption disclosure: NUS study

The average overall anti-corruption disclosure score for Singapore-listed companies was 63 per cent. Read more at straitstimes.com.

Posted on 10/02/2025

Manulife appoints new Singapore CEO amid leadership shake-up in Asia

INSURER Manulife has appointed Benoit Meslet, the current chief executive officer of its Japan office, to head its Singapore division. Read more at The Business Times.

Posted on 10/02/2025

Singapore shares rise, with DBS driving gains; STI up 0.4%

On the STI, Venture Corporation was the top gainer, rising 1.9 per cent, or 24 cents, to $12.80. It was followed by DBS, which climbed 1 .6 per cent, or 70 cents, to $45.38 on a cum dividend basis.

Posted on 10/02/2025

Singapore tycoon Ong Beng Seng reportedly battling bone marrow cancer amid court case

Singapore's property magnate Ong Beng Seng, embroiled in a corruption case linked to former transport minister S. Iswaran, is reportedly fighting bone marrow cancer. ( read original story ...)

Posted on 10/02/2025

OCBC Investment Research raises DBS’s TP to $50 after FY2024 record profit

Lee’s new target price still gives DBS an attractive dividend yield estimate of 6%, assuming a total dividend payout of $3 in FY2025.

Posted on 10/02/2025

Netizens voice concerns over e-payments in school affecting kids’ financial awareness and money skills

Singapore schools are adopting e-payments, but netizens worry children will struggle with cash transactions. Critics argue that relying on digital payments may weaken financial literacy, making kids ...

Posted on 10/02/2025

Singapore puts pressure on employers to drive OMIP’s success; strict new guidelines unveiled

The first safeguard requires employers to submit a business growth or transformation plan, demonstrating how the overseas posting aligns with the company’s global expansion strategy. Additionally, ...

Posted on 10/02/2025

U.S. tariffs and interest rate uncertainties make 2025 a “choppy year” for Singapore’s biggest bank: DBS CEO Piyush Gupta

Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.

Posted on 10/02/2025

Most Asia shares fall on trade war jitters; Singapore stocks hit record high

EMERGING markets were jittery on Monday on rising global trade tensions, with equities in three export-reliant Southeast Asian countries dropping sharply, while stocks in Singapore hit a record high ...

Posted on 10/02/2025

ST Engineering iDirect Demonstrates Public Safety Connectivity with Verizon Frontline at Super Bowl LIX

Hosted by Verizon Frontline, the event will highlight its range of innovative solutions designed to deliver vital connectivity in emergency scenarios. Powered in part by ST Engineering iDirect's state ...

Posted on 10/02/2025

Sustainability concerns will shape Singapore’s priorities in attracting investments: EDB chairman

THE Republic’s priorities in attracting investments are being reshaped by the city-state’s sustainability commitments, said Singapore Economic Development Board (EDB) chairman Png Cheong Boon in a ...

Posted on 10/02/2025

Shifting housing demand from Singapore to Johor could offer room to ease ABSD rates

If Singapore residents move to Johor Bahru, ABSD can be lowered to spur buying by investors and foreigners. Read more at The Business Times. ( read original story ...)

Posted on 10/02/2025

Singapore’s STI breaks through to a new record as banks hit fresh highs

Singapore’s benchmark index the Straits Times Index has broken through to a new record high on Monday (Feb 10). Read more at The Business Times.

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