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Month: February 2025

Posted on 27/02/2025

Singapore’s space technology dreams to take flight with US$45 million development boost

Singapore firm also signs deal with LeoLabs to explore possibility of building a radar and the region's first space situational awareness centre Singapore will inject a further S$60 million (US$45 ...

Posted on 27/02/2025

Singapore’s Sembcorp profit rises on boost from integrated urban solutions segment

Singapore's Sembcorp Industries posted a 7% rise in its annual profit on Thursday, driven by better performance in the integrated urban solutions segment, which overshadowed lower income in its ...

Posted on 27/02/2025

Singapore To Invest $44.8M To Develop Space Industry by Setting up Earth Observation Initiative

Singapore will collaborate with its international counterparts to create global norms and an inclusive, open, and rules-based system that governs space operations.

Posted on 27/02/2025

Singapore’s DBS to cut 4,000 jobs, replace humans with AI

WHAT humankind feared the most about AI is catching up. Singapore’s biggest bank says it will be laying off 4,000 people over the next three years. This is beca ...

Posted on 27/02/2025

Commentary: I worried when my children’s school went cashless – it’s not as bad as I feared

Parents are understandably concerned about their child’s financial literacy as schools adopt e-payments. Writer and mother-of-two Vivian Teo offers some reassurance from her experience.

Posted on 27/02/2025

Father-Son feud plunges richest Singapore clan into crisis

SINGAPORE: An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses - even by the standards of Asian succession drama, the ...

Posted on 27/02/2025

The last provision shop in an empty neighbourhood: After 90 years, a family business closes its doors

As residents moved out of MacPherson Lane's HDB blocks, one store continued to operate. But Chin Teck Chiang Seah Kee has now shuttered for good, leaving behind a rich legacy.

Posted on 27/02/2025

Father-Son Feud Plunges Singapore’s Richest Clan Into Crisis

An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud ...

Posted on 27/02/2025

Singapore’s Department Store Metro to Support Stablecoin Payments

Metro now accepts stablecoins like USDT and USDC for payments in Singapore, expanding digital transaction options for shoppers.

Posted on 27/02/2025

Singapore’s Metro Department Store to Accept USDT, USDC, and Other Stablecoins for Payments

Metro, one of Singapore’s leading retail chains, has announced its readiness to let customers make payments using stablecoins.

Posted on 27/02/2025

Father-Son Feud Plunges Singapore’s Richest Family Into Crisis

An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud ...

Posted on 26/02/2025

Basel Medical opens at $4.19, IPO priced at $4 per share

Basel Medical (BMGL) filed for an initial public offering of 2.205M ordinary shares. Cathay Securities is acting as the underwriter for this ...

Posted on 26/02/2025

Singapore department store Metro debuts stablecoin payments: Report

Metro, a publicly-listed department store chain in Singapore, has reportedly enabled its customers to pay for products using stablecoins like Tether’s USDt. Metro has partnered with Singapore-licensed ...

Posted on 26/02/2025

Father-son feud and an alleged ‘attempted coup’ rock one of Singapore’s largest property developers

Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of "serious lapses of corporate governance".

Posted on 26/02/2025

CDL through the years: From humble roots to family rift at Singapore’s largest listed developer

The dispute has culminated in a High Court hearing on Feb 26 to hear Kwek Leng Beng’s lawsuit against his son and several board directors. Read more at straitstimes.com.

Posted on 26/02/2025

Indonesian man caught at Singapore ferry terminal to be charged with money laundering, failure to declare cash

SINGAPORE: An Indonesian man is set to be charged with money laundering and failure to declare cross-border movement of cash on Thursday (Feb 27), after he entered Singapore with US$20,000 (S$26,800) ...

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