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Month: June 2025

Posted on 19/06/2025

Issue #27: What’s Happening This Week? Civil Servants’ Bonus, New AI Collectible, Sale of Geylang’s Last Kampong, and More

What’s buzzing in Singapore this week? From a surprise mid-year bonus for civil servants to the emotional farewell (and revival) of Geylang’s last kampong house, there’s plenty to catch up on. Gen Z ...

Posted on 19/06/2025

HSBC Gains 18.3% So Far This Year: How to Play the Stock?

HSBC Holdings plc HSBC shares have gained 18.3% so far this year, outperforming the S&P 500 Index’s 1.2% rise. While the stock has underperformed its industry’s growth of 22.2%, it has performed ...

Posted on 19/06/2025

Singapore ranks amongst top fossil-fuel subsidisers in APAC

Singapore’s fossil fuel subsidies accounted for 12% of its GDP. Despite its early adoption of a national carbon tax and its ambition to become a green finance leader, Singapore continues to offer one ...

Posted on 18/06/2025

YY Group Holding Limited Acquires Majority Stake in Transocean Oil Pte. Ltd.

YY Group Holding Limited (NASDAQ: YYGH) (“YY Group,” “YYGH,” or the “Company”), a global leader in on-demand workforce solutions and integrated facility management (IFM), has acquired a 53% stake in ... ( read original story ...)

Posted on 18/06/2025

Standard Chartered cuts jobs in Singapore; moves them to India: Finance jobs portal

Affected employees in Singapore include those from the technology and operations teams. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 18/06/2025

UOB becomes direct participant in China’s cross-border clearing and settlement system

SINGAPORE] UOB and its wholly-owned subsidiary UOB China have become direct participants in China’s Cross-border Interbank Payment System (CIPS), the bank said on Wednesday (Jun 18). Read more at The ...

Posted on 18/06/2025

3 in 4 consumers want property agents to stay updated by closing at least one deal a year: Poll

Consumers also wanted agents to negotiate better prices and terms for their clients. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)

Posted on 18/06/2025

Step-by-Step Guide to Buying an Executive Condo (EC) Unit in Singapore (2025)

Despite prices almost doubling over the past decade—from around $800 to $1,500 psf—executive condominiums (ECs) remain one of Singapore’s most sought-after property types. A recent study by NUS’s ... ( read original story ...)

Posted on 18/06/2025

HSBC Names Asia Veteran Christopher Chua Global M&A Head

HONG KONG (Reuters) -Europe's biggest bank HSBC appointed Christopher Chua head of mergers and acquisitions on Wednesday, after its former global head left for JPMorgan last month.

Posted on 18/06/2025

Singapore lender DBS aims to double Australian lending book in 5 years

DBS Group aims to double its Australian lending book in the next five years, its CEO Tan Su Shan said, as the Singapore-headquartered bank seeks to take advantage of trade links between Australia and ...

Posted on 18/06/2025

Singapore’s DBS Bank throws down gauntlet to ANZ

The new boss of the biggest lender in South-East Asia says Australian companies should take AirTrunk’s lead and be more ambitious about regional expansion.

Posted on 18/06/2025

DBS to Step Up Financing of Australia Flows to Southeast Asia

DBS Group Holdings Ltd. partnered with the Australian government to boost trade with Southeast Asia amid the upheaval from the Trump administration’s impact on global flows.

Posted on 18/06/2025

DBS celebrates 10 years in Australia by inking MOU for Australian companies and investors to expand into Southeast Asia

Partners within the agreement will make available a suite of essential resources to facilitate connections with regional partners and industry leaders to unlock commercial opportunities.

Posted on 18/06/2025

Singapore firms rake in most revenue among Southeast Asia’s top 500 companies

Singapore-based companies collectively generate more revenue than those from any other Southeast Asian country featured on Fortune’s ranking of the region's biggest 500 firms.

Posted on 18/06/2025

Singapore shares dip ahead of Fed decision; STI down 0.3%

Across the broader market, decliners outnumber advancers 243 to 212, as 822.1 million securities worth $905.7 million change hands. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 18/06/2025

Centurion’s REIT listing signals hope for Singapore IPOs

SINGAPORE: Singapore-based Centurion Corporation announced plans to list a Real Estate Investment Trust (REIT) on the Singapore Exchange (SGX) Mainboard on June 11. This can catalyse more initial ...

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