The move came after "a period of mounting challenges for the F&B and hospitality industry in Singapore," the company said in a statement.
MAS appoints three asset managers to invest part of S$5 billion fund to support Singapore stock market
The asset managers will initially manage S$1.1 billion (US$856 million), and MAS is still reviewing submissions from more than 100 global, regional and local firms.
Standard Chartered Global Chinese Services Hosts Landmark Global Market Outlook Event in Singapore
The event in Singapore not only provided valuable market insights of 2025 H2 Global Market Outlook but also demonstrated Standard Chartered Bank's commitment to its "Global Chinese Services" ...
Proof & Company Spirits closes Singapore distribution business
Its cocktail bar 28 HongKong Street is unaffected, while its consultancy arm will operate out of Hong Kong. Read more at straitstimes.com. Read more at straitstimes.com.
Singapore shares rise amid mixed regional showing; STI up 0.4%
SINGAPORE] The Straits Times Index (STI) extended its upward trajectory on Monday (Jul 21) amid a mixed performance in regional markets. Read more at The Business Times.
Why Singapore and its businesses stand to lose with US tariffs on the region
As a trade-dependent nation, it faces large risks when the region’s economies are hit. Read more at straitstimes.com. Read more at straitstimes.com.
DBS Enables Blockchain-Powered Digital Vouchers with Programmable Rewards
DBS has introduced Programmable Rewards, a digital voucher solution powered by smart contracts and the bank’s private blockchain.
Crypto Exchange Tokenize Pulls Out of Singapore Over Licensing Roadblock
Tokenize will exit Singapore by Sept 30 after failing to secure a digital payment token licence from the MAS, a year after raising $11.5m.
Singapore to allocate US$856 million in kick-off of plan to boost stock market
First phase of US$3.9 billion plan to boost liquidity and participation ropes in three asset managers including JP Morgan.
WeRide Inc (WRD) Launced its First Fully Driverless Robobus in Singapore
WeRide Inc. (NASDAQ:WRD) is one of the Most Promising New Technology Stocks According to Wall Street Analysts. On July 17, WeRide Inc. (NASDAQ:WRD) announced the launch of its first fully driverless ...
SIA, Singtel and more: Singapore’s top AI adopters could drive 3% GDP growth, says Morgan Stanley
SINGAPORE] The Republic can sustain a 3 per cent gross domestic product growth rate thanks to innovation and productivity gains from artificial intelligence (AI) tools, according to research from ...
Singapore to Allocate $856 Million in First Phase of Stock Plan
Singapore plans to allocate S$1.1 billion ($856 million) to three asset managers, including JP Morgan Asset Management, as part of a broader effort to enhance liquidity and expand investor ...
Singapore central bank to place S$1.1 billion with asset managers to boost stock market
Singapore's central bank will place S$1.1 billion ($856.36 million) with three asset managers as part of a S$5 billion programme to boost the stock market, it said on Monday, with more co-investments ...
Singapore dollar exhibits safe-haven currency features. But it’s no yen or Swiss franc — yet
Experts agreed that Singapore's currency holds potential to gradually acquire the status equivalent to that of the Swiss franc if not the yen or the greenback.
Buying property from an NRI? Here’s what resident Indians should know about their tax liability
When a resident Indian buys property from an NRI, they must deduct 20% TDS on the total sale value and deposit it with the Income Tax Department ...
Tokenize Xchange to Exit Singapore After License Rejection by MAS
Tokenize Xchange will discontinue its operations in Singapore by the end of September following a regulatory setback with MAS ...