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Month: July 2025

Posted on 11/07/2025

Exxon in talks to sell Singapore gas stations for ~$1B – Bloomberg

Exxon Mobil (NYSE:XOM) is in exclusive talks to sell its 59 gasoline stations in Singapore to Aster Chemicals and Energy, a joint venture between Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) and Indonesia's Chandra Asri Group in a deal that could be worth ~$1B,

Posted on 11/07/2025

HSBC UK unveils wealth centre to attract affluent clients

The bank opens a $5m flagship space in St James’s, aiming to mirror its successful Asian wealth model and strengthen international investment links.

Posted on 11/07/2025

HSBC appoint new chief risk and compliance officer for Isle of Man

HSBC has appointed Korsan Cevdet as Chief Risk and Compliance Officer (CRCO) for the Channel Islands and Isle of Man (CIIOM). Based in the Jersey office, in his new role Korsan will oversee the ...

Posted on 11/07/2025

OCBC Bank wins green financing awards at ABF 2025

Bhd has won the Malaysia International Green Financing Bank of the Year award at the Asian Banking & Finance Wholesale Banking Awards 2025 in Singapore.

Posted on 11/07/2025

How Singapore Became a Military Powerhouse Despite Being Surrounded by Giant Neighbors

Despite its tiny size and lack of natural resources, Singapore has transformed into a powerhouse with one of the most advanced and capable military forces in Southeast Asia. This small island nation, ...

Posted on 10/07/2025

Temasek sees more opportunities in Europe after investing $7.8 bln in region last year

Singapore's state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate makes some companies more attractive in terms of valuations, ...

Posted on 10/07/2025

Arkema to Invest $20M to Build New Rilsan Clear Unit in Singapore

Arkema S.A. ARKAY announced that following the start-up of the Rilsan Clear transparent polyamide unit in Singapore, which boosted the capacity of Rilsan polyamide 11 by 50%, it is investing $20 ...

Posted on 10/07/2025

DBS joins UOB and OCBC with green home loan offering

SINGAPORE – DBS has followed on the heels of UOB and OCBC to offer green home loans for private property projects. Unlike the offerings from UOB and OCBC, which launched “eco-mortages” in 2021, the ...

Posted on 10/07/2025

UOB donates $100,000 to help talented young tennis players chase their dreams

The fund will cover training fees, entry fees for international tournaments, among other expenses. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/07/2025

Singapore tycoon Sam Goi makes S$123.5 million offer to buy rest of PSC

SINGAPORE] Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 a piece. This comes after he spent S$25.2 million on 63 ...

Posted on 10/07/2025

Indian enterprises in Singapore set to ride on biz adaptation grant to counter US tariff impact

The Singapore Indian Chamber of Commerce and Industry (SICCI) has lauded the government's Business Adaptation Grant, designed to help local businesses, especially SMEs, navigate the complex ...

Posted on 10/07/2025

Travel + Leisure Readers’ 5 Favorite City Hotels in Singapore of 2025

From a design-driven boutique hotel to a waterfront palace, these are the properties that stood out to readers in the “World’s Best Awards” survey for 2025.

Posted on 10/07/2025

Grab begins autonomous electric bus trials in Singapore

Southeast Asia’s leading ride-hailing service provider, Grab, has launched a pilot to test an autonomous electric bus in its home market, Singapore. The ...

Posted on 10/07/2025

Aalberts stock jumps after acquiring Singapore’s Grand Venture Technology

Investing.com -- Aalberts (AS: AALB) stock surged 5.5% after the company announced an agreement to acquire Singapore-based Grand Venture Technology (GVT) for SGD 319 million (€220 million), expanding ...

Posted on 10/07/2025

Japan’s NTT files for billion-dollar listing; set to be SGX’s biggest Reit IPO in a decade

SINGAPORE] Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate investment trust, or S-Reit, marking what is likely to be ...

Posted on 10/07/2025

USD/JPY: Scope to extend to 145.60 before stabilisation – UOB Group

The pullback has scope to extend to 145.60 before stabilisation is likely. The strong support at 145.20 is unlikely to come under threat. Resistance is at 146.60, followed by 146.95." 1-3 WEEKS VIEW: ...

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