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Month: April 2025

Posted on 24/04/2025

GE2025: Important to make clear GST is taken from top and redistributed across population, says Shanmugam

Law and Home Affairs Minister K Shamugam says the goods and services tax (GST) is primarily paid by top income earners and redistributed across the population, a point he wishes the opposition would ...

Posted on 24/04/2025

Singapore’s GIC inks deal with SAMHI as Indian hotelier looks to trim debt

Singapore's sovereign wealth fund GIC will take 35% stakes in three individual units of SAMHI Hotels for a total investment of 7.52 billion rupees ($88 million), as part of a joint plan to develop ...

Posted on 24/04/2025

Singapore’s high-yield stocks gain from tariff-induced flight to safety

(Reuters) -As reverberations from U.S. President Donald Trump's tariffs are felt across markets, investors are increasingly gravitating toward Singapore's high-yield, defensive companies, including ...

Posted on 24/04/2025

Singapore ranks fourth in 2025 global crypto hub index

Singapore has been ranked among the world’s top crypto hubs in the newly released Crypto-Friendly Cities Index 2025, part of Multipolitan’s Crypto Report 2025: ...

Posted on 24/04/2025

Singapore’s GIC, India’s SAMHI Hotels plan $300 million hotel venture

Singapore's sovereign wealth fund GIC and India's SAMHI Hotels will establish a joint venture to develop upscale and higher hotel assets in India, with an equity investment plan of up to about $300 ...

Posted on 24/04/2025

Singapore’s Keppel posts higher first-quarter profit on infrastructure boost

Singapore's Keppel Ltd reported on Thursday a 25% rise in its first-quarter net profit, excluding legacy offshore and marine (O&M) assets, driven by strong performance in its infrastructure segment ...

Posted on 24/04/2025

Singapore IPOs flatline in Q1 amid global investor caution: report

Singapore recorded zero initial public offerings (IPOs) in the first quarter of 2025, according to the latest EY Global IPO Trends report, marking a sharp decli ...

Posted on 24/04/2025

Singapore’s Keppel posts higher first-quarter profit

Singapore's Keppel Ltd reported a 25% rise in its first-quarter underlying net profit on Thursday, driven by strong performance in its infrastructure segment and stronger performance in asset ...

Posted on 24/04/2025

Las Vegas Sands beats quarterly profit estimates on strong Singapore business

Casino operator Las Vegas Sands surpassed analysts' expectations for first-quarter profit on Wednesday, as strong demand from its Singapore business offsets stalling market growth in Macao.

Posted on 24/04/2025

Exploring the Growing Popularity of Thomson View and Margaret Drive Condos in Singapore’s Property Scene

Thomson View proudly constructed by UOL and CapitaLand and Margaret Drive condo, developed by GuocoLand, options are becoming increasingly attractive for discerning buyers and investors in Singapore ... ( read original story ...)

Posted on 24/04/2025

Crypto Recovery Services in Singapore: Crypto Crime Investigation (C.C.I) Aids Victims of Pig Butchering Scams

In a significant move to combat the rising tide of cryptocurrency-related scams, Crypto Crime Investigation (C.C.I) has announced its specialized recovery services aimed at assisting victims of the ...

Posted on 24/04/2025

Dispute over CDL directors’ appointment casts shadow over property group at its AGM

Long-time CDL board member Philip Yeo voiced unhappiness over the recent boardroom tussle. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)

Posted on 24/04/2025

All ASEAN members have removed or reduced import duties: Singapore’s Deputy PM

At CNBC's CONVERGE LIVE, Gan Kim Yong, Deputy Prime Minister of Singapore, discusses how the Association of Southeast Asian Nations (ASEAN) is adapting to tariffs in the current geopolitical climate.

Posted on 23/04/2025

Singapore’s pharma, chip sectors at risk from trade wars

US firms importing from Singapore face nearly $1.6b in added costs from 10% base tariffs. Singapore may have escaped the brunt of sweeping US reciprocal tariffs compared with its Southeast Asian peers ...

Posted on 23/04/2025

Singapore condemns terrorist attacks in Pahalgam, Kashmir and Jammu; no Singaporeans known to be among casualties

Gunmen opened fire at visitors who were at Baisaran, Pahalgam in India, killing 26 men and injuring 17 people.

Posted on 23/04/2025

CDL ‘would like to explore’ UK REIT IPO again: Sherman Kwek

The developer applied to list a REIT on the Singapore Exchange’s Mainboard in 2021, but shelved plans the following year.

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