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Month: March 2025

Posted on 12/03/2025

Singapore shares up as regional markets end mixed; STI up 0.2%

SINGAPORE] Shares on the Singapore bourse ended higher on Wednesday (Mar 12) amid mixed performance in the region. Read more at The Business Times.

Posted on 12/03/2025

Singapore, Vietnam to deepen ties across the board with wide-ranging pact

The Comprehensive Strategic Partnership will take bilateral cooperation to a new era, says PM Wong. Read more at straitstimes.com.

Posted on 12/03/2025

Salesforce to invest US$1 billion in Singapore over the next 5 years

This move is expected to rapidly expand the Republic's labour force in key service and public sector roles. Read more at straitstimes.com.

Posted on 12/03/2025

Singapore’s equity reforms may boost IPO activity

Analysts expect interest from financial services, tech, and green energy companies. Public listings in Singapore could increase by as much as 50% this year as a result of the country's recent stock ...

Posted on 12/03/2025

Chocolate Finance slaps limits on card transactions; says ‘no set timeline’ for instant withdrawal resumption

SINGAPORE] Wealth investment firm Chocolate Finance has temporarily implemented a S$250 per transaction spending limit on its debit card, it said in an e-mail update to customers on Tuesday evening ...

Posted on 12/03/2025

Singapore’s Chocolate Finance Engaging With MAS on Customer Withdrawal Issues

Singapore’s financial regulator said it is engaging with an online robo-advisor operated by Chocfin Pte. and independent fund custodian Allfunds to ensure all customer withdrawals will be met in an ...

Posted on 12/03/2025

The Secret Little Agency inspires better money habits via heartfelt campaign for POSB

Following the Singapore Budget 2025 Statement, Singapore’s longest-serving bank POSB has launched a new money habits campaign together with its lead creative agency The Secret Little Agency. Through ...

Posted on 12/03/2025

Singapore – When Business Partners Want Out: Managing Buyouts And Exits.

Navigating a partner’s exit from a business can be challenging, but with careful planning and execution, it can lead to positive outcomes for all parties involved. The key to success lies in ...

Posted on 12/03/2025

US tech firm Salesforce to invest US$1 billion in Singapore

US cloud software giant Salesforce said Wednesday (Mar 12) it planned to invest US$1 billion in Singapore over the next five years to boost the use of artificial intelligence agents (AI) in the ...

Posted on 12/03/2025

Billionaire Benioff’s Salesforce To Invest $1 Billion In Singapore

Salesforce, a cloud computing software company co-founded by billionaire Mark Benioff, plans to invest $1 billion in Singapore.

Posted on 12/03/2025

Chocolate Finance to process withdrawals in ‘orderly’ manner; all funds remain ‘protected’

Mr David Perez de Albeniz, chief executive at Allfunds Singapore, said that customer investment funds holdings are “completely segregated and ringfenced”, as required by Singapore’s regulations, which ...

Posted on 12/03/2025

Citi downgrades UOB to ‘neutral’, lowers target prices on all three banks, as it sees downside risks to NIMs

Analyst Tan Yong Hong believes management could lower their NIM outlooks on declining SORA rates and US rate cuts.

Posted on 12/03/2025

Asia is a ‘beacon of growth opportunities’ as global trade war heats up, Singapore deputy PM says

Asia will remain a "beacon of growth opportunities" despite escalating global trade tensions, according to Singapore's Deputy Prime Minister Gan Kim Yong.

Posted on 12/03/2025

Salesforce to Invest $1 Billion in Singapore to Grow AI Product

Salesforce Inc. plans to invest $1 billion in Singapore over the next five years, joining other US technology companies in betting on growth in Southeast Asia.

Posted on 12/03/2025

Razorpay eyes Group profitability ahead of IPO plans, expands to Singapore

The Tiger Global Management-backed company is focused on becoming profitable on a consolidated basis across all business verticals, said Shashank Kumar, co-founder and managing director of Razorpay ...

Posted on 12/03/2025

Shorter wait time for Chocolate Finance cashouts following halt in instant withdrawals

SINGAPORE: Chocolate Finance customers looking to withdraw their funds face a shorter wait of three to six business days instead of the 10-day timeframe that was earlier announced, the company said on ...

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