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Month: March 2025

Posted on 31/03/2025

TPG Capital seals $3b Novotech sale with Singapore’s GIC, Temasek

Singapore’s GIC and Temasek are buying a major stake in Novotech following a long-running sales process by TPG.

Posted on 31/03/2025

Singapore’s MAS Proposes Framework to Open Private Market Funds to Retail Investors

The Monetary Authority of Singapore (MAS) has launched a public consultation on a proposed regulatory framework to expand retail investors’ access to private ...

Posted on 31/03/2025

Singapore’s Role as ASEAN’s Financial Hub: Can it Maintain its Lead?

Singapore remains ASEAN’s top financial hub, but rising competition, fintech disruption, and regional shifts challenge its dominance.

Posted on 31/03/2025

DFI Retail shares pop on news of Giant, Cold Storage sale; stock helps drive STI to record high

A privatisation offer for Sinarmas Land could make it the 7th potential SGX delisting in 2025. Read more at straitstimes.com.

Posted on 31/03/2025

Most unagi products sold in Singapore contain eels threatened with extinction: Study

Close to 100 per cent of the 257 items analysed had genetic traces of threatened freshwater eel species. Read more at straitstimes.com.

Posted on 31/03/2025

Woman fined S$18,000 for evading GST on luxury goods after posting about Europe haul online

The woman shared details of her overseas purchases on social media, including methods to evade GST payment. (Images: Singapore Customs) SINGAPORE: A 27-year-old woman was fined S$18,000 (US$13,400) on ...

Posted on 30/03/2025

Singapore companies in Myanmar largely unaffected by earthquake

SINGAPORE] Companies from Singapore that operate in Myanmar and Thailand said that operations have been largely unaffected by the severe earthquake that occurred in the region on Friday (Mar 28). Read ...

Posted on 30/03/2025

Singapore’s Temasek To Buy Minority Stake In Haldiram Snacks

New Delhi: Singapore-based investment firm Temasek on Sunday announced that it has signed an agreement to acquire a stake in Haldiram Snacks Food Private Limited from its existing shareholders. The ...

Posted on 30/03/2025

Haldirams enters agreement with Singapore investment major Temasek to sell stake: PwC

Founded by Ganga Bishan Agarwal in the 1930s, Haldirams sells a range of foods from sweet and savoury snacks to frozen meals and breads. It also runs 43 restaurants in and around Delhi, according to ...

Posted on 30/03/2025

Yangzijiang Financial places S$139.3 million in treasury shares for maritime investments

SINGAPORE] Yangzijiang Financial has raised net cash proceeds of S$139.3 million through a placement of its treasury shares, to redeploy them for maritime investments. In a bourse filing on Sunday ...

Posted on 30/03/2025

Singapore’s sustainability legal services market to treble to at least S$450 million by 2033: PwC study

SINGAPORE] Singapore’s sustainability legal services market is set for significant expansion, with its value projected to treble to between S$450 and S$500 million by 2033, indicated a study by ...

Posted on 30/03/2025

OCBC commits S$2 million to support the elderly

SINGAPORE] About 1,000 seniors gathered at Bukit Canberra on Saturday (Mar 29) morning to participate in a mass workout and learn more about digital banking and scams, among other things, as part of ...

Posted on 30/03/2025

DBS Foundation commits S$7.3 million for new programme to support 6,000 vulnerable seniors

SINGAPORE] In conjunction with SG60, DBS Foundation on Saturday (Mar 29) launched a S$7.3 million programme to support around 6,000 vulnerable seniors across 12 ageing towns over the next two years.

Posted on 30/03/2025

Singapore firms in Myanmar and Thailand confirm staff are safe, little or no damage to facilities

SINGAPORE – Singapore companies operating in Myanmar and Thailand have confirmed that all their staff are safe and accounted for following a deadly earthquake on March 28.

Posted on 30/03/2025

Singapore to deport nine people for illegal touting at Changi Airport

The nine foreign nationals, aged between 30 and 48, had approached travellers of the same nationality to help carry gold and mobile phones back to their home countries.

Posted on 30/03/2025

Tycoon Lim Han Weng’s HI Mobility Shares Jump Amid Booming Malaysia-Singapore Passenger Traffic

HI Mobility’s Causeway Link is among the biggest bus operators at the Singapore-Malaysia causeway, considered the world’s busiest land border.

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