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Month: February 2025

Posted on 05/02/2025

Daily Cuts – How can we cool down our neighbourhoods in Singapore?

Singapore Today's Lance Alexander and Daniel Martin speak with Professor Lee Kwan Ok, Dean’s Chair and Deputy Head, Department of Real Estate, NUS Business School, about how we can cool our ...

Posted on 05/02/2025

Citibank’s Ashu Khullar to be global co-head of GAM; K Balasubramanian to be India CEO

Ashu Khullar, Citis India chief, is appointed as the global co-head of GAM, based in London, and will oversee EMEA and Asia. K Balasubramanian will succeed him as India's CEO, pending RBI approval.

Posted on 05/02/2025

Market volatility expected as Trump rolls out tariffs, but equities are still be a good bet: Analysts

The US President's aspirations to further America’s exceptionalism could bode well for equity investors. Read more at straitstimes.com.

Posted on 05/02/2025

Rich Asian Investors Push for Trump-Inspired Crypto Boom in Singapore

Rich Asian Investors Push for Trump-Inspired Crypto Boom in Singapore with hopes of raking in huge gains amid government pivot in the market ...

Posted on 05/02/2025

Vivian: Singapore not expected to be hit by direct US tariffs but may still be impacted

Singapore is not expected to be hit by trade tariffs from the United States but still stands to be indirectly impacted as it is a small and open economy, said Foreign Minister Vivian Balakrishnan.

Posted on 04/02/2025

Singapore’s DBS finds seat on table as MNCs start to look away from China

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor ...

Posted on 04/02/2025

WazirX Creditors to Decide on Restructuring Plan After $235M Hack

WazirX creditors to vote on restructuring plan after $235 million hack. Approval could lead to swift recovery, rejection may cause delays.

Posted on 04/02/2025

Singapore Establishes Controls on ‘Race-Based’ Business Groups

Singapore’s parliament passed a bill establishing controls on “race-based” business groups and clan associations that is aimed at safeguarding racial harmony and curbing foreign influence in the ...

Posted on 04/02/2025

Singapore set for manufacturing boom, and stay positive on banks

IN LATE 2023, we projected 4 per cent for Singapore’s 2024 gross domestic product growth, which was notably more optimistic than the government’s initial 1 to 3 per cent forecast. Read more at The ...

Posted on 04/02/2025

Singapore’s Syfe makes A$65 million bid for Australian investing platform SelfWealth

SINGAPORE-BASED digital wealth platform Syfe on Tuesday (Feb 4) said it made a non-binding indicative offer to acquire SelfWealth, an Australia-listed digital investing platform, for A$65 million ...

Posted on 04/02/2025

Global markets shaken as Trump’s tariffs send shockwaves through Singapore’s economy

The surprise tariff announcement led to a significant global market sell-off, with stocks, bonds, and industrial commodities such as iron ore and copper all taking a hit. Mansoor Mohi-uddin, chief ...

Posted on 04/02/2025

Sovereign Wealth Funds Betting on Crypto: Who’s Buying Bitcoin and Crypto Stocks

Sovereign wealth funds worldwide are ramping up investments in cryptocurrency and blockchain technology. Several funds hold indirect Bitcoin exposure through investments in companies like ...

Posted on 04/02/2025

Trump’s tariffs and their ripple effect on Singapore’s economy

Analysts say the impact would be cushioned by other factors, but could worsen if more countries are targeted by US tariffs.

Posted on 04/02/2025

Singapore bucks regional showing as Trump defers tariffs on neighbours; STI slips 0.09%

SINGAPORE blue chips failed to sustain the momentum at market open on Tuesday (Feb 4) with the benchmark index Straits Times Index (STI) down 3.46 points or 0.09 per cent lower at 3,823.01 at the ...

Posted on 04/02/2025

Majority of Singapore SMEs plan to invest in GenAI solutions: DBS survey

MORE than seven in 10 Singapore small and medium-sized enterprises (SMEs) are investing in generative artificial intelligence (GenAI) solutions to stay competitive amid macroeconomic uncertainty, DBS’ ...

Posted on 04/02/2025

Singapore to spend S$150 million on drainage projects in 2025 to improve flood resilience

Minister for Sustainability and the Environment Grace Fu says it's “neither practical nor prudent” to continuously expand Singapore’s drainage infrastructure due to the lack of land.

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