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Month: May 2025

Posted on 22/05/2025

Blended finance deals in East Asia and the Pacific hit US$4 billion in 2024

SINGAPORE] Blended finance deals in East Asia and the Pacific surged to US$4 billion in 2024 from US$1.1 billion the year before, an increase of almost four times, according to a Wednesday (May 21) ...

Posted on 22/05/2025

Singapore-Based Fintech Unicorn Airwallex Raises $300 Million

Backed by the likes of Tencent, HongShan and DST Global, Airwallex has reached a valuation of $6.2 billion following its latest Series F funding round.

Posted on 22/05/2025

Singapore shares slide in tandem with regional bourses and Wall Street; STI drops 0.1%

SINGAPORE] Asian bourses including Singapore’s were largely in the red on Thursday (May 22), after overnight Wall Street’s sell-off as the United States fiscal uncertainty soured market sentiment.

Posted on 22/05/2025

Latest Singapore six-month T-bill cut-off yield slides to 2.2%

SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.2 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (May ...

Posted on 22/05/2025

MGM Resorts urges ‘competitive’ casino tax

Thailand should have a casino tax rate that is competitive with Singapore and a substantial number of locals should be allowed to visit casino complexes, rather than solely serving foreign tourists in ...

Posted on 22/05/2025

Crypto awareness in Singapore hits record 94%, but ownership falls

Crypto awareness in Singapore has reached an all-time high, with 94% of respondents in a recent survey indicating familiarity with at least one digital asset. However, ownership declined, falling to ...

Posted on 22/05/2025

Singapore says it does not import poultry products from the Brazil farm hit by bird flu

Singapore also has bird flu regionalisation arrangements with Brazil, where imports from affected areas may be suspended while those from unaffected areas can still be brought in.

Posted on 22/05/2025

Taller buildings could be allowed near Singapore airports with height restrictions review: Chee Hong Tat

In his final speech as transport minister, Mr Chee also highlighted efforts to enhance infrastructure and bolster Singapore’s position as a trusted business hub.

Posted on 22/05/2025

CNA938 Rewind – Singapore’s economy grows slightly faster, amid global uncertainties

Singapore's economy grew slightly faster than expected in the first quarter by 3.9 percent on-year. Still, this is a slowdown from the 5 percent growth seen in Q4 2024, with the Trade and Industry ...

Posted on 22/05/2025

Economists split over risk of technical recession, after revised Singapore Q1 growth beats market expectations

Private-sector economists remain split over the risk of Singapore entering a technical recession, with some raising their full-year forecasts after Q1 growth came in better than expected. Read more at ...

Posted on 22/05/2025

Got S$10,000? 4 Singapore Blue-Chip Stocks You Can Consider Scooping Up

If you have some spare cash, these four blue-chip stocks could fit snugly within your investment portfolio. The post Got S$10,000? 4 Singapore Blue-Chip Stocks You Can Consider Scooping Up appeared ...

Posted on 22/05/2025

Adani Ports Gets $150 Million Loan From DBS, Signals Return Of Lender Confidence

This new loan is seen as a sign that global banks are slowly regaining confidence in the Adani Group. The loan’s interest rate is around 200 basis points above the Secured Overnight Financing Rate ...

Posted on 22/05/2025

Adani Ports gets $150 million from DBS, first global loan since US case

Adani Ports secures $150 million loan from DBS Group, its first global facility since US bribery probe. Marks return of international investor confidence in the group.

Posted on 22/05/2025

Crypto Awareness Hits All-Time High in Singapore, But Holdings Plummet

Over 90% of Singapore residents are aware of cryptocurrencies. Bitcoin remains the top choice, with 68% of crypto investors holding it. While overall crypto investment ...

Posted on 22/05/2025

Crypto Awareness Rises in Singapore, But Only Few Hold Cryptocurrencies

A new survey has revealed that even though cryptocurrency awareness in Singapore rises, the no of actual crypto holders has relatively declined.

Posted on 22/05/2025

Despite 94% Crypto Awareness, Only 29% of Singaporeans Hold Any: Survey

Crypto awareness among Singaporeans has hit a new high of 94%, while only 29% own crypto, down from 40% in 2024: new survey.

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