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Month: July 2025

Posted on 16/07/2025

Singapore shares rise to new high; STI up 0.3%

SINGAPORE] Shares on the Singapore bourse closed higher on Wednesday (Jul 16), marking the third straight day the benchmark Straits Times Index (STI) hit a new high. Read more at The Business Times.

Posted on 16/07/2025

Refreshed industry digital plan launched to encourage F&B sector to adopt technology

“Technology can allow F&B businesses to focus on what they do best, and that is creating exceptional dining experiences,” said Senior Minister of State for Trade and Industry Low Yen Ling, who ...

Posted on 16/07/2025

Tetra Pak family quietly pours $11.6 billion into stocks, with bulk via Singapore entities

The Rausing family, which hails from Sweden, made a fortune from Tetra Pak cartons. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 16/07/2025

The Padang set as finish line for this year’s Standard Chartered Singapore Marathon

Participants in the Standard Chartered Marathon (SCSM) 2025 are set to finish the race to a stunning view at the Padang.

Posted on 16/07/2025

CGSI ‘reeling in expectations’ for banks’ 2QFY2025, staying ‘add’ on DBS, UOB but ‘hold’ on OCBC

DBS Group Holdings is CGSI’s top pick, with an “add” call and $47.90 target price, owing to the “clarity” of its capital return initiative, which supports FY2025 to FY2027 yields of 6.6% to 7.6%.

Posted on 16/07/2025

Managing liquidity, forex risks among top concerns for finance leaders: DBS survey

Some 69% of respondents indicate possible Gen AI-powered solutions to optimise inventory forecasting, overcome prolonged receivables collection periods and improve cash conversion cycles.

Posted on 16/07/2025

Scoop: Singapore High Court clears path for WazirX revote, platform could resume operations within weeks

The Singapore High Court has reversed its earlier rejection of WazirX’s restructuring plan, allowing a fast-tracked revote that could reopen the platform.

Posted on 16/07/2025

Singapore serves up architecture at Venice Biennale with AI, kueh and a dining table of dreams

Singapore lays it all out on the table at the Venice Architecture Biennale. From AI-generated kueh to urban icons like Pinnacle@Duxton and CapitaSpring, the Pavilion is a feast of design and culture ...

Posted on 16/07/2025

Las Vegas Sands Doubles Down On Singapore Bet With $8 Billion Hotel Complex

Since opening in 2010, Marina Bay Sands—which was developed at a cost of $5.6 billion—has been a key growth driver for Las Vegas Sands.

Posted on 16/07/2025

DBS/POSB to provide S$23 million worth of savings to ease living & business costs through SG60 initiatives

In commemoration of SG60, DBS/POSB will be providing S$23 million worth of savings through various year-long SG60 initiatives. The initiatives will help ease living and business costs, and have been ...

Posted on 16/07/2025

With Bursa listing and other catalysts, UOB Kay Hian’s Cheong raises target price for UMS to $1.73

Given multiple positive catalysts ahead, John Cheong of UOB Kay Hian has raised his target price for UMS Integration from $1.32 to $1.73. In his July 16 note, Cheong says UMS is expected to meet his ...

Posted on 16/07/2025

Earnings Preview: 4 Singapore Blue-Chip Stocks Well-Positioned to Increase Their Dividends

These four blue-chip stocks have a high probability of increasing their dividends during the upcoming earnings season. The post Earnings Preview: 4 Singapore Blue-Chip Stocks Well-Positioned to ...

Posted on 16/07/2025

Singapore slips to A3 risk rating amidst deepening tariff threats

Singapore’s macroeconomic outlook has become less favourable. Singapore’s country risk rating has been downgraded from A2 to A3, according to the latest July 2025 Risk Review from Coface. Coface noted ...

Posted on 16/07/2025

Chinese traveller calls SQ Business Class ‘last century’ over seat issue, gets schooled on XHS

A traveller’s complaint about Singapore Airlines’ ‘last century’ Business Class on Xiaohongshu sparked debate. The passenger criticised ageing seats and AirAsia-like meals, while netizens explained ...

Posted on 16/07/2025

Empowering Smart Enterprises: HashMicro’s Role in Singapore’s Digital Future

Singapore's digital economy is on track to contribute over 17% to GDP by 2025, with estimates placing its value at more than $30 billion, according to the Infocomm Media Development Authority (IMDA).

Posted on 16/07/2025

Singapore-based AI firms seek to grow revenue globally

SINGAPORE] Some small Singapore firms are aiming to build a sustainable business model overseas – with or without venture capital backing. By leveraging artificial intelligence (AI), distribution ...

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