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Month: June 2025

Posted on 03/06/2025

Frencken to invest $63 million in new manufacturing site at Kaki Bukit

Frencken Group plans to invest $63 million to develop a new facility that will consolidate its existing operating sites here for better efficiency and future expansion. Frencken, which has various ...

Posted on 03/06/2025

The privatisation offer for this small Catalist company could cause SGX some discomfort

SINGAPORE] Amid a flurry of delistings from the Singapore Exchange (SGX), one more privatisation offer – especially that for a small Catalist player – should not make much of a difference. Read more ...

Posted on 03/06/2025

Standard Chartered Bank ups maximum interest rate on savings account to record 8.05%

This is up from the previous 6.05 per cent and marks the highest rate offered by Standard Chartered’s flagship savings account.

Posted on 03/06/2025

MOH debunks fake news on Singapore doing first Covid-19 autopsy and jailing those unvaccinated

One of the claims was first circulated in 2021, and re-emerged recently. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/06/2025

Singapore’s Economy: How Singapore Became a Rich Nation?

Singapore’s transformation from a small, resource-poor port city to one of the richest countries in the world is a remarkable success story. This video explores the key factors that fueled Singapore’s ...

Posted on 03/06/2025

New resort chalet run by co-living brand Coliwoo to open in Pasir Ris

The east side of Singapore is about to get a whole lot more exciting. Coliwoo, a co-living subsidiary brand under real estate management group services group LHN Limited, recently won the tender for ... ( read original story ...)

Posted on 03/06/2025

CNA938 Rewind – Singapore’s PMI falls again for a 2nd straight month; a tougher second half to 2025?

Singapore’s manufacturing sector contracted for a second straight month in May, but the pace of decline eased slightly. Could we be in for a tough last six months of the year? Lance Alexander and ...

Posted on 03/06/2025

South-east Asia’s export rush wanes as tariff clock ticks down

SINGAPORE/KUALA LUMPUR/HANOI/JAKARTA] South-east Asia’s export boom may be running on borrowed time as traders rush to front-load goods ahead of the end of US President Donald Trump’s 90-day tariff ...

Posted on 03/06/2025

Interest in floating loans in S’pore picking up amid falling rates, say mortgage brokers

Even with the uptick, many homeowners are still keen on fixed rate loans for financial certainty. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)

Posted on 03/06/2025

Thailand’s MQDC debuts The Forestias at Singapore Property Xpo 2025

The project carries a development value of approximately $4.9b (THB125b). Thailand’s Magnolia Quality Development Corporation Limited (MQDC) made its debut at Singapore Property Xpo 2025 last month, ... ( read original story ...)

Posted on 03/06/2025

1MDB Scores Legal Victory as Singapore Allows $394M Suit Against BSI Bank to Proceed

A big legal win has just taken place in Singapore. The High Court there has allowed 1Malaysia Development Berhad (1MDB), Malaysia’s troubled former sovereign wealth fund, and its subsidiary Brazen Sky ...

Posted on 03/06/2025

Hong Leong-led consortium secures S$692 million green loan from DBS, OCBC for Tengah’s first private mixed-use project

SINGAPORE] A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric private mixed-use residential project. Read more ...

Posted on 03/06/2025

Shopping overseas? 5 tips to avoid getting stopped at Customs

Posting your shopping online and failing to declare it may provide evidence against you if you are stopped at Customs. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/06/2025

Singapore hedge fund Arrowpoint capitalised on May market turmoil

HONG KONG] Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global trade tariff shocks and sees more arbitrage ...

Posted on 03/06/2025

A*STAR Singapore launches new eight-inch SiC-related production line

Line will collaborate with ASM, centrotherm, and Soitec. centrotherm will supply high-temperature annealing and oxidation equipment, while IME and Soitec will co-develop SmartSiC ...

Posted on 03/06/2025

Maynilad IPO gets SEC green light

Maynilad could net up to P37.41 billion from the IPO, assuming the overallotment option and preferential offer are fully subscribed, the SEC said.

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