Singapore’s Defence Science and Technology Agency (DSTA) and Thales have established a joint laboratory aimed at advancing AI-enabled technologies to enhance the combat systems used by the Singapore ...
OCBC aims to fund $17 bil over five years to support FDI into the UK
The agreement seeks to promote the UK as a hub for businesses, investors and services involved in the energy transition.
OCBC to finance £10 billion in UK investments by 2030 under new partnership
SINGAPORE] OCBC plans to deploy £10 billion (S$17.4 billion) in financing over the next six years to support foreign direct investment into the United Kingdom, the bank said on Wednesday (Apr 2). Read ...
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital could fund this buy: analysts
DBS Bank's strong track record of turning around unprofitable targets could benefit Indonesia’s Panin Bank through the potential acquisition.
One Raffles Quay inks S$1.13 billion sustainability-linked loan from DBS, other banks
SINGAPORE] Office complex One Raffles Quay has obtained a five-year, S$1.13 billion sustainability-linked loan (SLL) from DBS and three other banks, to support its efforts to reduce its carbon ...
Singapore detains teenage boy allegedly planning to kill Muslims
A Singaporean teenager allegedly planning to kill dozens of Muslims outside several mosques has been detained, the city-state's Internal Security Department said on Wednesday.The 17-year-old boy was ...
SORA Rate Drops Down to 2.08% – How Does This Impact Homebuyers and Sellers in Singapore?
Will mortgage rates in Singapore drop soon? On March 13, the Singapore Overnight Rate Average (SORA rate) dropped to 2.08%, the lowest it’s been since 2022. Just six months ago, mortgage rates were at ... ( read original story ...)
Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony has also announced additional benefits for a limited number of Crypto.com Pay users who spend up to SGD 300 on the company's online store.
Grab Holdings makes a strategic move into Singapore’s taxi market
Ride-hailing giant Grab (NASDAQ:GRAB) landed a street-hail operator license in Singapore to set it up to become the sixth taxi operator in the nation. Grab (NASDAQ:GRAB) plans to introduce a taxi ...
Singapore PMI slips to 50.6 in March amid global trade tensions, US tariff risks
SINGAPORE] Factory activity in Singapore grew more slowly in March, amid rising global trade tensions and tariff uncertainties. Read more at The Business Times.
Singapore’s manufacturing indicators in March at lowest level in 8 months
The decline is seen across Asia, including economies in Asean, India, Taiwan and South Korea. Read more at straitstimes.com.
New US tariffs likely to hurt firms in Singapore; nearly half say they will pass on costs, survey finds
SINGAPORE] Nearly half of companies in Singapore (45 per cent) plan to pass on the increased costs from the new US tariffs to their customers, a flash survey by the American Chamber of Commerce ...
Singapore PMI Signals Continued Manufacturing Growth at Slightly Slower Pace
The purchasing managers index compiled by the Singapore Institute of Purchasing and Materials Management edged down to 50.6 in March from 50.7 in February. A reading above 50 indicates that the ...
2 investment firms secure large stakes in Novotech
Two investment firms have acquired large stakes in global CRO Novotech, the Singapore-based company announced March 30. GIC and Temasek have invested in Novotech with the goal of providing funds to ...
OCBC signs pact with UK govt to channel $17b of investments into key British industries
OCBC will also help UK firms expanding into or establishing operations in Singapore and South-east Asia. Read more at straitstimes.com.
Taiwan chipmaker UMC’s US$5B new wafer fab facility in Singapore to create 700 jobs
SINGAPORE: Taiwanese chipmaker United Microelectronics Corp’s (UMC’s) newly opened US$5 billion (S$6.7 billion) wafer fabrication facility in Pasir Ris, Sin ...