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Month: February 2025

Posted on 10/02/2025

Markets react to Trump’s tariffs on steel and aluminium imports

U.S. President Donald Trump said on Sunday he will introduce new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties. He also said he will announce reciprocal ...

Posted on 10/02/2025

Singapore’s DBS reports record profits as long-serving CEO bows out

Piyush Gupta, DBS's long-serving chief executive, signed off his 16-year tenure at south-east Asia’s biggest bank with record profits announced on Monday.

Posted on 10/02/2025

Singapore Stock Market Tipped To Open To The Downside On Monday

The Singapore stock market has moved higher in two straight sessions, collecting more than 45 points or 1.3 percent along the way.

Posted on 10/02/2025

Singapore’s DBS surges to record on higher margins, capital return plans

By Yantoultra Ngui and Roushni Nair SINGAPORE (Reuters) -Shares of DBS soared to a record high on Monday after Singapore's largest bank flagged an improvement in net interest income for 2025 and a ...

Posted on 10/02/2025

S&P 500’s service focused composition cushions tariff blow, but a 4-5% drop still looms: Citibank

Citibank Singapore's Audrey Ho explains how Trump's tax policy could counter tariff risks—but not without challenges, including delayed effects and congressional hurdles.

Posted on 10/02/2025

Budget 2025 expected to bring tax rebates, no ‘significant’ tax hikes

Corporate Income and Personal Income Taxes Could Enjoy Rebates, To Alleviate Cost Pressures Read more at The Business Times.

Posted on 10/02/2025

Singapore’s DBS flags higher margins, plans capital return

Singapore's biggest bank DBS Group said it expects group net interest income to improve this year and announced a capital return dividend plan on Monday as it posted a 10% rise in fourth-quarter net ...

Posted on 10/02/2025

Singapore bank DBS fourth-quarter net profit rises 10% on year, meets forecast

DBS Group, Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock ...

Posted on 10/02/2025

Piyush Gupta delivers yet another record full year profit in his final report card for DBS

DBS plans to increase its final dividend to 60 cents per share - up from 54 cents paid in the preceding three quarters ...

Posted on 10/02/2025

Singapore’s next chapter: How home-grown firms are rewriting their playbook

Through tailored financing and expert advisory from OCBC, Enterprise 50 alumni Sing Fuels and Fei Siong Group are seizing opportunities in the energy and F&B sectors respectively to future-proof their ...

Posted on 10/02/2025

Maybank Singapore defends consumer banking turf, eyes growth amid fintech disruption

KUALA LUMPUR] Maybank is holding its ground as Singapore’s top foreign player, even as its global peers scale back in the traditional consumer banking sector. It plans to grow its income share from 18 ...

Posted on 10/02/2025

Empty bars, high prices and early nights: Singapore’s dying nightlife could have wider repercussions

With more people working from home and rising transport costs, fewer are going out to drink after work and bars are suffering. As nightlife operators shutter, this will have a far-reaching impact on ...

Posted on 10/02/2025

Man who attacked priest at Singapore church has special needs, is partially blind

The priest who was hit in the head by a man at the Church of the Holy Spirit on Sunday (Feb 9) said his alleged attacker is someone with special needs and is partially blind. Father Cary Chan said he ...

Posted on 09/02/2025

‘Reliable and politically stable’: Taiwan’s investments in Singapore surpass those in China

The Republic is seen as an ideal gateway to the rest of South-east Asia, as Taiwan diversifies away from China. Read more at straitstimes.com.

Posted on 09/02/2025

Head of operations and intelligence at Singapore’s Police Security Command charged with drink driving

A police superintendent has been charged after he allegedly consumed alcohol and drove a car in a dangerous manner along Tampines Avenue 5 in February 2024.

Posted on 09/02/2025

Wide range of industries in Johor-Singapore SEZ offers buffer against global trade tensions, says state’s chief minister

In an interview with CNA a month after both countries inked an agreement on the Johor-Singapore Special Economic Zone (SEZ), the Malaysian southern state’s chief minister Onn Hafiz Ghazi touched on ...

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