Billionaire tycoon Kwek Leng Beng is dropping the lawsuit filed against his son Sherman Kwek and other directors of City Developments Limited (CDL). Shares of CDL jumped more than 4% following the ...
Swiss announce new defence minister, Singapore cooperation deal
The Swiss government said on Friday Martin Pfister will be the country's new defence minister when Viola Amherd steps down at the end of the month.
Singapore’s ruling party under scrutiny for ties with Israel amid Gaza war and upcoming elections
As Singapore prepares for its next general election, the government faces scrutiny over its ties with Israel amid the Gaza war. With Israel increasingly isolated internationally and humanitarian ...
Under-35s are UOB’s fastest-growing card spenders, especially for travel and dining
They spent over 40 per cent more on these spending categories in 2024 than in 2023. Read more at straitstimes.com.
Crypto Adoption in Southeast Asia Set to Grow
Cryptocurrency adoption in Southeast Asia continues to gain momentum, with the region accounting for 60% of global crypto activity. A Statista report forecasts the crypto market to reach $1.78 billion ...
Singapore stocks end flat on March 14 amid mixed regional finishes
SINGAPORE – Local shares had nowhere to go on March 14 as investors here and elsewhere tried to get a grip on the trade war threats roiling financial markets.
Singapore and Thai firms, organisations ink 5 pacts covering e-commerce and other areas
The MOUs were signed on the sidelines of a bilateral economic ministers’ meeting here. Read more at straitstimes.com.
Singapore Coast Guard performs two-hour security sweep of tanker after illegal boarding
SINGAPORE: When Inspector Muhammad Rasidi Suriade of the Police Coast Guard (PCG) got a call on Feb 28 about a Singapore-registered chemical tanker being boarded illegally by unknown suspects, he ...
Sora, benchmark interest rate for home loans in Singapore, fell to lowest since end-2022 this week
Singapore dollar’s outperformance vs most Asian currencies helped push down borrowing costs. Read more at straitstimes.com.
Singapore’s DBS raises $2 billion through US dollar bonds, term sheet shows
DBS Group , Southeast Asia's biggest bank, has raised $2 billion through a multi-tranche U.S. dollar senior bond issuance for general business purposes and to finance treasury activities, according to ...
AIA Singapore’s value of new business rises 15% in 2024 to US$454 million
SINGAPORE] AIA Singapore’s value of new business (VONB) rose 15 per cent on the year to US$454 million for the full year ended Dec 31, 2024, from US$394 million in the year-ago period, on a constant ...
Singapore-based Shein remains committed to IPO as firm weathers US tariff storm
LONDON] Shein’s executive chairman said he remains committed to plans to take the fast-fashion retailer public despite being in the crosshairs of US President Donald Trump’s campaign to rebalance ...
UBS sets up wealth teams in Singapore for Australia and Japan
SINGAPORE – UBS Group has established offshore desks in Singapore to cater to its clients in Australia and Japan, according to the bank’s Asia-Pacific wealth management co-head.
CNA Explains: What happens if a Singapore-licensed investment platform goes under?
On online forums and social media, users highlighted that – unlike for bank deposits – money placed with such investment platforms is not covered by the Singapore Deposit Insurance Corporation's (SDIC ...
Fortify your business: Ransomware is eyeing your small enterprise – are you prepared?
Three in five ransomware attacks target SMEs. Here’s how the Cyber Security Agency of Singapore (CSA) can help you keep your defenses up and avoid losses from security breaches Read more at ...
SingPost shareholders vote overwhelmingly in favour of A$1 billion sale of Australian business
[SINGAPORE] Singapore Post (SingPost) shareholders on Thursday (Mar 13) voted in favour of the sale of the Australian logistics business Freight Management Holdings (FMH). Of the shareholders who ...