HSBC upgraded its rating on ridehailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank maintained its buy rating. Read more at The Business Times.
China’s ‘lifeline’ labs and rich Asians’ crypto craze
A notable example is Hubei Yangtze Memory Labs in Wuhan, where many engineers from leading Chinese chipmaker YMTC, which was added to the U.S. Entity List in 2022, conduct trials and test samples.
Singapore ticket scam queen jailed for three years after conning 76 Taylor Swift fans of S$110,000
Channel News Asia (CNA) reported that Foo Mei Qi defrauded over S$110,000 (RM360,000) from the victims, but none received the tickets they had paid for. Foo pleaded guilty today t ...
Singapore to spend S$7b on marriage and parenthood initiatives in FY2026
The Singapore government will allocate S$7 billion (RM22.93 billion) towards marriage and parenthood initiatives in the 2026 financial year, the Straits ...
Singapore’s investment commitments in 2024 rose 6.3% to S$13.5 billion: EDB
SINGAPORE attracted some S$13.5 billion in fixed asset investment (FAI) commitments in 2024, over half of which were in electronics, Singapore’s Economic Development Board (EDB) said at its annual ...
Singapore draws $13.5 billion in fixed asset investments in 2024, set to create 18,700 jobs
The investment environment in 2025 is expected to be challenging amid the rise of tariffs and trade wars. Read more at straitstimes.com.
Students in S’pore schools embrace switch to e-payments, welcome speed and ease of transactions
As of January, more than 230,000 students nationwide use e-payments in school canteens and bookshops. Read more at straitstimes.com.
Bitcoin could hit US$500,00 by end-2028: Standard Chartered
Geoff Kendrick of Standard Chartered, having made a bull case for Bitcoin (BTC) to hit US$200,000 by end of this year, has now further expanded on his thesis to predict that the most famous ...
Singapore says investment commitments at S$21.9 billion in 2024, sees challenging 2025
Singapore drew S$21.9 billion ($16.2 billion) in investment commitments in 2024, slightly higher than 2023, the Economic Development Board said on Thursday as it flagged challenges in 2025 from ...
Singapore retail sales fall 2.9% to S$4.6b in December
Retail sales in Singapore fell 2.9% on-year in December 2024 to S$4.6 billion. Analysts said there is no cause for concern, citing more outbound year-end travel among Singaporeans and consumers having ...
Singapore Stock Market Due For Support On Thursday
The Singapore stock market has moved lower in three straight sessions, slipping almost 40 points or 1.1 percent along the way. The ...
Nearly 90% of Singapore banks lose clients due to onboarding delays
Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies. Nearly 90% of banking executives in Singapore report losing clients due to ...
Singapore shares rise at Thursday’s open; STI up 0.4%
SINGAPORE shares started trading in positive territories on Thursday (Feb 6), mirroring global markets. Read more at The Business Times.
Singapore to spend $7b on marriage and parenthood initiatives in FY2026
SINGAPORE - Nearly $7 billion will be spent on marriage and parenthood initiatives in financial year 2026, up from over $4 billion in 2020. Minister in the Prime Minister’s Office Indranee Rajah cited ...
Singapore, US reaffirm defence ties, pledge to strengthen cooperation
Defence Minister Ng Eng Hen spoke with his US counterpart Pete Hegseth in a “good and warm introductory call”. Read more at straitstimes.com.
Man arrested after US$885 stolen from passenger on flight to Singapore
SINGAPORE: A 30-year-old man has been arrested for allegedly stealing US$885 (S$1,120) in cash from a passenger on board a flight to Singapore, the police said on Wednesday (Feb 5).