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Month: May 2025

Posted on 16/05/2025

HSBC sees Japan, India, China as favoured in trade deal talks

SYDNEY] Japan, India and China are likely in “pole position” to secure a long-term trade deal with the US, while Singapore and Australia could also “unexpectedly race ahead,” according to Frederic ...

Posted on 16/05/2025

Singapore Marathon winner Geoffrey Yegon caught doping, denied US$45,000 prize

A search for the results on the Standard Chartered Singapore Marathon website now shows Uganda's Abel Sikowo as the winner, though organisers have not formally announced this.

Posted on 16/05/2025

2024 StanChart Singapore Marathon winner Geoffrey Yegon banned for doping

The Kenyan's urine sample from the Dec 1 race tested positive for synthetic steroid triamcinolone acetonide. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 16/05/2025

No plans for layoffs; HK$1.5 billion investment in Greater China to continue: OCBC’s Helen Wong

SINGAPORE] OCBC has no plans to implement “major” layoffs despite macroeconomic uncertainties arising from US tariffs, said the bank’s group chief executive officer Helen Wong on Friday (May 16). Read ...

Posted on 16/05/2025

DBS Group Research upgrades SIA Engineering to a buy on ‘compelling growth,’ raises target price

SINGAPORE] DBS Group Research upgraded SIA Engineering’s (SIAEC) stock to a “buy” from a “hold”, citing limited exposure to tariff-related factors, growth ahead, among other factors. Read more at The ...

Posted on 16/05/2025

Indonesia’s plan to shift fuel imports from US instead of Singapore, raises questions over costs

Higher transport and insurance costs would make fuel shipped from the US less competitive in Indonesia. Read more at straitstimes.com.

Posted on 16/05/2025

Changes to Singapore Economic Resilience Taskforce members possible after Cabinet reshuffle: DPM Gan

PM Lawrence Wong is expected to announce his new Cabinet line-up soon. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 16/05/2025

Singapore not revising GDP outlook even if US-China talks are ‘encouraging’: DPM Gan

SINGAPORE] Despite the US tariff pause and ongoing talks on pharmaceutical rates, Singapore is not further revising its growth projection for now, amid heightened global uncertainty, Deputy Prime ...

Posted on 16/05/2025

Singapore shares climb on May 16; STI gains 0.2%

Across the broader market, gainers beat losers 307 to 203. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 16/05/2025

Singapore says its growth forecast may need further adjustment amid uncertainty

Singapore's economic growth forecast may need to be adjusted further, its trade minister said on Friday, as uncertainty remains despite a recent breakthrough in U.S.-China tariff negotiations.

Posted on 16/05/2025

Demand for flights to China has risen recently, Singapore Airlines exec says

Singapore Airlines has seen a surge in passenger traffic into China in recent months, but outbound travel has still not recovered to pre-pandemic levels, Chief Commercial Officer Lee Lik Hsin said on ...

Posted on 16/05/2025

Singapore, US to discuss ‘zero’ or preferential tariffs on pharmaceutical exports

Washington has offered to talk about concessions on pharmaceuticals – which make up over 10 per cent of Singapore’s exports to the US– said deputy PM Gan Kim Yong.

Posted on 16/05/2025

Do Wall Street Analysts Like Seagate Technology Stock?

Singapore-based Seagate Technology Holdings plc (STX) engages in the provision of data storage technology and infrastructure solutions in Singapore, the U.S., and internationally. With a market cap of ...

Posted on 16/05/2025

Singapore EXPO is pioneer awardee of Platinum Certification for MICE Sustainability, setting a new industry benchmark

Singapore EXPO, managed by Constellar, has become a pioneer awardee of the prestigious Platinum Certification under the MICE Sustainability Certification (MSC) framework developed by the Singapore ...

Posted on 16/05/2025

MAS moves to streamline IPO process and expand investor access

The Monetary Authority of Singapore (MAS) has proposed streamlining prospectus requirements and broadening investor outreach channels for initial public offerings (IPOs) in an effort to enhance the ...

Posted on 16/05/2025

‘Mega yet cozy’: Singapore’s Changi airport breaks ground on new terminal

The world’s best airport is adding a fifth terminal, to be operational in the mid-2030s, with officials promising it will be “a personalized, stress-free and positively surprising airport experience.” ...

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