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Month: May 2025

Posted on 15/05/2025

He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week

It took a layoff to make Shao Chun Chen realize he was financially independent in early 2024, giving him the flexibility to change his life.

Posted on 15/05/2025

BYD is top-selling car in Singapore in first four months of 2025 with 20% of total sales

SINGAPORE: China's BYD became the most popular vehicle brand in Singapore so far this year, outselling Toyota for the first time, government data showed, as the fast-growing electric vehicle maker ...

Posted on 15/05/2025

DBS, OCBC and UOB should review dividend policies amid the deteriorating business outlook

SINGAPORE] It probably will not surprise anyone that DBS, OCBC and UOB ended Tuesday (May 13) significantly higher – with gains of 1.19 per cent, 0.74 per cent and 1.55 per cent, respectively – after ...

Posted on 15/05/2025

DBS downgrades Venture to ‘hold’; Maybank raises target price following trade war truce

Ling Lee Keng of DBS Group Research has downgraded Venture Corp from "buy" to "hold" along with a reduced target price of $11.80 from $14.70, after the company reported lower 1QFY2025 numbers, while ...

Posted on 15/05/2025

SingPost reports S$245 million net profit following sale of Australia business

SINGAPORE: Singapore Post reported a full year net profit of S$245.1 million (US$188 million) for its financial year that ended Mar 31. This figure, more than double last year's, was due to the ...

Posted on 15/05/2025

Standard Chartered’s corporate bank wants to power Asia’s next growth chapter

SINGAPORE] Asia’s rapid innovation in recent years is the foundation upon which its future will be built, said Standard Chartered’s Stella Choe. Read more at The Business Times.

Posted on 15/05/2025

10 Best Savings Accounts in Singapore with the Highest Interest Rates (May 2025)

UOB One and OCBC 360—got nerfed on 1 May 2025. Interestingly, the updated rates put them pretty much neck and neck. So… which savings account is better now? Which is the best in Singapore? There's a ...

Posted on 15/05/2025

Brookfield seeks US$380 million industrial portfolio in Singapore

Share your thoughts and join the conversation in the comments.

Posted on 15/05/2025

Frasers Property makes second bid to privatise Frasers Hospitality Trust in $1.37 billion deal

The offer price of 71 cents per share is at a 7 per cent premium to FHT’s last traded price of 66.5 cents. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)

Posted on 15/05/2025

Standard Chartered Partners with FalconX for Global Crypto Expansion

Standard Chartered partners with FalconX to boost institutional crypto liquidity, fiat access, and cross-border transaction efficiency.

Posted on 15/05/2025

Investment Opportunities in Singapore’s Biopharma Sector

In 2024 alone, Singapore secured S$13.5 billion in fixed asset investment commitments, with the biomedical sector representing a significant share of the S$11.1 billion directed toward industrial ...

Posted on 15/05/2025

Singaporean bank OCBC to integrate securities business into global markets division

Oversea-Chinese Banking Corp (OCBC) said on Wednesday it will integrate its three securities units into its global markets division as Singapore's second-largest lender seeks to streamline operations ...

Posted on 14/05/2025

E-commerce sales in South-east Asia to more than double to US$410 billion by 2030: DBS report

SINGAPORE] E-commerce in South-east Asia has reached profitability in 2024, with regional sales expected to more than double from US$184 billion last year to US$410 billion by 2030 – a 14 per cent ...

Posted on 14/05/2025

Analysts: U.S. Trade Pressure Likely Behind Indonesia’s Plan to Slash Singapore Fuel Imports

Earlier, Energy and Mineral Resources Minister Bahlil Lahadalia announced the plan to stop oil imports from Singapore.

Posted on 14/05/2025

Genting Singapore’s 1QFY2025 earnings down 41% y-o-y to $145 mil; CEO Tan Hee Teck retires

On the same day as its 1QFY2025 business update announcement, Genting Singapore announced the retirement of its CEO of the company and RWS Tan Hee Teck.

Posted on 14/05/2025

Coffee on wheels: Union thanks public transport workers with mobile ‘cafe’

NTWU aims to thank public transport workers and promote greater respect towards them through the initiative. Read more at straitstimes.com. Read more at straitstimes.com.

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