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Month: May 2025

Posted on 29/05/2025

Ex-DBS CEO Piyush Gupta appointed deputy chairman and non-executive independent director of Keppel board

Gupta’s appointment begins on July 1. Keppel’s board will now comprise a total of nine directors, of which seven are independent.

Posted on 29/05/2025

DBS staff, police stop 2 victims from losing $820k to government official impersonation scams

DBS staff helped an elderly woman from being scammed twice and referred the case to the police. The police said in a news release on Thursday (May 29) that the 77-year-old woman had tried withdrawing ...

Posted on 29/05/2025

Asia jet fuel exports to US West Coast to hit 1-year high in May

Asia's jet fuel exports to the U.S. West Coast are expected to hit at least a one-year high in May, according to shiptracking data and three trade sources, as refinery outages in California boosted ...

Posted on 29/05/2025

Singapore stocks rise after US court blocks Trump’s tariffs; STI up 0.1%

Across the broader market, advancers outpace decliners 309 to 170. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 29/05/2025

AST SpaceMobile strikes Singapore defence deal

AST SpaceMobile struck a deal to provide Singapore’s Defence Science and Technology Agency (DSTA) with satellite-based emergency services.

Posted on 29/05/2025

Singapore Changi Airport: Investing In The Future

Pacific’s Premier Gateway. The Asia-Pacific region is poised for growth in air travel, and Singapore Changi Airport stands ready to partner with a ...

Posted on 29/05/2025

OCBC raises fair value for Boustead Singapore to $1.46 following FY2025

Boustead's total FY2025 dividend of 7.5 cents implies a yield of 7.2% based on the May 26 closing price of $1.04 ...

Posted on 29/05/2025

OCBC trims Seatrium’s fair value to $2.76; cadence of order wins slowing

Given the downside risks to order wins, Lim has trimmed her revenue forecasts and also fine-tuned her assumptions, thereby deriving a fair value of $2.76 from $2.82 previously, based on a valuation ...

Posted on 29/05/2025

MPs must separate business and politics, be wary of conflicts of interest: PM Wong

SINGAPORE] Members of Parliament (MPs) must separate business and politics, and be shrewd in assessing the motives of those who seek to get close to them, said Prime Minister Lawrence Wong in a ...

Posted on 29/05/2025

China Defense Chief to Skip Singapore Forum Attended by Hegseth

China indicated it will not send its top military diplomat to a key defense forum in Asia for the first time since 2019, preventing a potential first encounter with US Defense Secretary Pete Hegseth.

Posted on 29/05/2025

Singapore Premier Warns Lawmakers on Perceptions of Impropriety

Singapore Prime Minister Lawrence Wong told ruling party lawmakers to be vigilant in their interactions to avoid perceptions of impropriety.

Posted on 29/05/2025

French President Macron to make state visit to Singapore

Singapore will be the third and final stop of the French president's Southeast Asia tour, which earlier saw him visit Vietnam and Indonesia.

Posted on 29/05/2025

Singapore Paincare receives acquisition bid of $0.16 per share

According to Advance Bridge Healthcare, Singapore Paincare has not raised equity since its 2020 IPO and is not expected to do so. The firm believes a public listing is no longer necessary and that ...

Posted on 29/05/2025

Singapore Dollar Weakens After Trade Court Strikes Down Trump’s Tariffs

The Singapore dollar weakened against its U.S. counterpart in the Asian session after a federal trade court ruled President Trump didn’t have the authority to impose sweeping tariffs on virtually ...

Posted on 29/05/2025

If You Bought 1,000 DBS Shares 10 Years Ago, Here’s How Much Richer You’d Be Today

An investment in blue chip DBS 10 years ago nearly tripled with dividends. See how long-term investing can quietly build wealth. The post If You Bought 1,000 DBS Shares 10 Years Ago, Here’s How Much ...

Posted on 29/05/2025

NIE partners AWS to drive innovation in educational technology

The Technology for Education Centre (TEC) at NIE’s campus aims to encourage NIE staff and student teachers to develop AI-powered tools to improve operational efficiency and service delivery.

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