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Month: June 2025

Posted on 26/06/2025

Singapore’s millionaire inflow to halve in 2025: report

SINGAPORE] Singapore will likely see a net inflow of 1,600 millionaires in 2025 – less than half the 3,500 that had been projected to move there in 2024, a report by investment migration consultancy ...

Posted on 26/06/2025

Singapore VC Granite Asia leads $60 million funding round for AI ‘data foundry’ Centific to fuel global expansion

The “AI data foundry” Centific closed a $60 million Series A funding round led by the Singapore-based venture fund Granite Asia, as the U.S.-based startup explores an ambitious expansion to Asia. AI ...

Posted on 26/06/2025

Vin’s Holdings lonely position as sole IPO in 2025 set to be over as new listings return

Since the story was published, two companies, Info-Tech Systems and Lum Chang Creations, have lodged their preliminary prospectus, joining the growing line of potential new issues floated over the ...

Posted on 26/06/2025

Singapore launches SPaN to overhaul national payment systems and boost financial innovation

Singapore has established Singapore Payments Network Limited (SPaN), a new not-for-profit entity designed to oversee and streamline the country’s key national payment schemes. Operational by end-2026, ...

Posted on 26/06/2025

Singapore’s new blueprint will give residents more flexibility to choose ideal home: Analysts

SINGAPORE: Singapore's latest draft masterplan will give residents greater flexibility in choosing an ideal living environment across the island, with amenities – as well as workspaces in some cases – ... ( read original story ...)

Posted on 26/06/2025

DBS likes LHN Group as there could possibly be a spinoff from the parent company

DBS Group Research is giving some attention to LHN Group in an unrated report dated June 25.

Posted on 26/06/2025

Singapore Firms Seek Delay on Tougher Climate Disclosure Rules

A group representing thousands of Singapore businesses is seeking a delay to the implementation of more stringent climate-related disclosure rules, arguing many firms lack resources to meet the ...

Posted on 26/06/2025

WP wants to be ‘insurance’ for Singapore should PAP suffer ‘major malfunction’: Pritam in Malaysian podcast

The Workers' Party wants to get to a position where it is ready to step in and govern, should the ruling PAP suffer a "major malfunction", said Leader of the Opposition Pritam Singh. "You want to be ...

Posted on 26/06/2025

Singapore company allegedly received $57 million illegally from abroad, 2 men charged

Malaysian National Patrick Lee and Vietnamese National Dinh Tien Dat were handed one charge each. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 26/06/2025

M1 looks at 35% reduction in carbon footprint in Singapore; LTE trial in February – Al Bawaba

MobileOne (M1), the leading mobile operator in Singapore, expects to achieve up to 35% reduction of its telecommunications networks carbon footprint by early 2011.

Posted on 26/06/2025

Singapore’s River-Cleaning Robots Are Powered by 5G Technology – Business Insider

The Singapore River flows into the man-made bay, which is surrounded by city landmarks. With the number of people and businesses living and working around this area, ... such as 4G and LTE.

Posted on 26/06/2025

Singapore factory output growth slows again to 3.9% in May, though still beating forecast

Key electronics industry saw output rise 3.9 per cent, down sharply from May's 14.6 per cent growth. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 26/06/2025

Singapore’s factory output growth slows to 3.9% in May, but beats estimates

SINGAPORE] The Republic’s factory output grew 3.9 per cent on year in May, easing from April’s revised figure of 5.6 per cent growth, data from the Economic Development Board showed on Thursday (Jun ...

Posted on 26/06/2025

Singapore to study how widespread food allergies are among children

Hospitals are seeing more severe food allergy cases among kids, and researchers aim to better understand how big the issue really is.

Posted on 26/06/2025

4 family members in construction services firm charged over giving bribes to condo, property managers

All four are said to have conspired to give bribes in exchange for furthering the business interests of their family-run construction firm with various condominiums. ( read original story ...)

Posted on 26/06/2025

Family of four charged with bribing condo and property managers to further family business

The alleged offences involved properties like Change Alley Mall, The Ladyhill and Trevista between 2018 and 2022. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)

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