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Month: July 2025

Posted on 25/07/2025

As Binance stays and Tokenize leaves, Singapore’s crypto sector is seeing change

SINGAPORE] Tokenize Xchange said on Sunday (Jul 20) that it will exit Singapore after failing to secure a Major Payment Institution (MPI) licence, typically necessary for digital token service ...

Posted on 25/07/2025

Singapore manufacturing output grows by better-than-expected 8% in June

SINGAPORE] Factory output grew 8 per cent on year in June, beating expectations and strengthening from May’s downward-revised figure of 3.6 per cent growth, data from the Economic Development Board ...

Posted on 25/07/2025

Singapore Developers’ Stocks Mostly Higher After Private Home Prices Rise

Singapore property developers' shares are mostly higher after news that private home prices increased, though the outlook for the rest of the year remains murky. The city state's overall ... ( read original story ...)

Posted on 25/07/2025

Singapore’s Green Bus Company founding family lists $47M bungalow for sale

The family that founded Singapore’s renowned Green Bus Company has listed a bungalow for sale at SGD60 million (US$47 million) in a luxury area with low population. ( read original story ...)

Posted on 25/07/2025

HSBC Life Singapore appoints Ruhil Bairagi as new COO

HSBC Life Singapore has appointed Ruhil Bairagi as its new Chief Operating Officer, effective 11 August. Bairagi will report to CEO Harpreet Bindra and will oversee operations and transformation ...

Posted on 25/07/2025

Stocks to watch: OCBC, Keppel DC Reit, Frasers Centrepoint Trust, Suntec Reit

SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jul 25): Read more at The Business Times.

Posted on 25/07/2025

Microsoft Singapore managing director Lee Hui Li dies while on sabbatical

Her career spanned 27 years and included senior roles at IBM, Symantec, Dell, HP and EY. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 25/07/2025

The rise and fall of New Silk Road, one of the longest-running hedge funds in Singapore

SINGAPORE] Investment management firm New Silk Road announced earlier in July that it will be closing its doors after a 16-year run in Asia. Read more at The Business Times.

Posted on 25/07/2025

Alternative financing platform for bunker industry launched in Singapore

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Posted on 25/07/2025

HSBC launches wealth centre at Star Vista, seeks to … – 商业时报

[SINGAPORE] HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista – the second of three planned sites to open amid the bank’s pivot to a strategy ...

Posted on 25/07/2025

Long-time tech executive and Microsoft Singapore managing director Lee Hui Li dies

Lee Hui Li, managing director of Microsoft Singapore, has died, shortly after going on sabbatical from her role in May. Her age could not be independently verified. An obituary seen by The Business ...

Posted on 25/07/2025

Economists split on Singapore monetary policy after surprise growth

Economists are split on whether Singapore's central bank will loosen monetary policy or leave settings unchanged in its scheduled review next week as the economy remains resilient despite weakening ...

Posted on 25/07/2025

Singapore wireless carrier to introduce 1Gbps “4.5G” LTE … – TechSpot

Singapore wireless carrier to introduce 1Gbps "4.5G" LTE network next year By Shawn Knight April 11, ... the service will only be offered in Singapore (at least, initially). What's more, ...

Posted on 25/07/2025

Mice industry will need more manpower in areas like technology, sustainability: Alvin Tan

Tourism players in the Mice sector have identified these as areas where there is a supply and demand gap. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 25/07/2025

Chocolate Finance raises US$15 million; CEO says it may still offer instant withdrawals in future

Founder Walter de Oude says the company's asset levels have not fully recovered after a surge in withdrawals in March saw S$500 million pulled out by customers.

Posted on 25/07/2025

Commentary: As cyber threats grow, Singapore walks a careful line on identifying state actors

As Singapore confronts increasingly sophisticated cyber threats, it continues to take a cautious approach in attributing blame. RSIS’ Muhammad Faizal Abdul Rahman weighs in.

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