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Month: May 2025

Posted on 07/05/2025

Aster to acquire Chevron Phillips Singapore Chemicals

Aster Chemicals and Energy will acquire Chevron Phillips Singapore Chemicals through its affiliate Chandra Asri Capital, the company said in a press release on Wednesday.

Posted on 07/05/2025

Andy Gallagher to head Kantar Singapore’s Media and Creative business

Kantar has announced the appointment of Andy Gallagher, a seasoned global media and communications leader as the head of its creative and media business for Singapore.

Posted on 07/05/2025

SMART launches new research group WISDOM to pioneer technologies that will help machines “see” like humans

SMART WISDOM will be helmed by Co-Lead Principal Investigators Prof Juejun Hu, Professor of Materials Science and Engineering at MIT, and Prof Tan Chuan-Seng, Professor of Electronic Engineering at ...

Posted on 07/05/2025

Singapore’s UOB pauses 2025 guidance due to US tariffs, posts stable Q1 net profit

Singapore's United Overseas Bank, or UOB, will resume giving 2025 guidance when the impact of U.S. tariffs becomes clearer, it said on Wednesday after posting a stable first-quarter net profit that ...

Posted on 07/05/2025

CNA938 Rewind – #TalkBack: How rampant is the problem of silent directors in Singapore?

The High Court is setting out a stiffer sentencing framework for silent directors paid not to exercise oversight over companies they incorporate here. Lance Alexander and Daniel Martin discuss more ...

Posted on 07/05/2025

Singapore’s UOB drops 2025 guidance due to US tariffs, posts stable Q1 net profit

Singapore's United Overseas Bank, or UOB, will resume giving 2025 guidance when the impact of U.S. tariffs becomes clearer, it said on Wednesday after posting a stable first-quarter net profit that ...

Posted on 07/05/2025

What Are the Best Loan Options for Foreigners Living in Singapore

Foreigners living in Singapore may sometimes find it harder to secure loans than citizens, but there are good options available.

Posted on 07/05/2025

TrustFinance Expands Global Reputation Platform to Help Financial Companies Build Trust and Win Business

SINGAPORE, SG / ACCESS Newswire / May 6, 2025 / Now more than ever, trust drives financial decisions. TrustFinance helps financial companies boost credibility, manage reviews, and showcase regulatory ...

Posted on 07/05/2025

OCBC: Leveraging Digital Cash Management Tools for 24/7 Banking

As financial transactions digitize, it’s important for banks to level the playing field by offering SMEs cash management tools once reserved for large multinationals.

Posted on 07/05/2025

UOB Kay Hian and FNZ Launch Next-Generation Platform to Transform Unit Trust Investing in Singapore

SINGAPORE, May 6, 2025 /PRNewswire/ -- UOB Kay Hian, one of Asia's largest securities brokerage firms, has partnered with FNZ, a global leader in wealth management technology, to launch a new digital ...

Posted on 07/05/2025

UOB and FNZ to launch new unit trust investing platform

The platform streamlines the investment process for retail and private clients. UOB Kay Hian has partnered with wealth management technology company FNZ to launch a new unit trust investing digital ...

Posted on 07/05/2025

XRP News: Five Powerful Use Cases That Make Vaultro Finance The S&P 500 of Crypto World

1. Sector-Based Index Funds Vaultro enables the creation of on-chain funds that track specific crypto sectors — such as AI tokens, DeFi infrastructure, Metaverse projects, or payment protocols.

Posted on 07/05/2025

Pharma imports to US surged in March as drugmakers look to avoid tariffs

In recent months, drugmakers told Reuters they had taken the unusual step of sending more medicines by air to the U.S. Two of the biggest U.S. drugmakers said on recent investor calls that they had ...

Posted on 07/05/2025

Carro aims to treble Ebitda to S$130m ahead of potential IPO

Automotive unicorn aims for a final round of funding this year with revenue up 15 per cent, while gross profit grew more than 20 per cent in FY25. Read more at The Business Times.

Posted on 07/05/2025

Credit Suisse to pay $511M for helping Americans evade $4B in taxes

The latest plea deal caps a years-long investigation and underscores what federal officials described as a “massive criminal tax evasion scheme.” ...

Posted on 07/05/2025

Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax case involving Singapore accounts

The Swiss bank maintained accounts in Singapore on behalf of US taxpayers who were using offshore accounts to evade taxes and reporting requirements.

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