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Month: July 2025

Posted on 11/07/2025

Singapore prioritising pharmaceutical supply chains in US tariff talks

Pharmaceuticals have a very complex supply chain and a very long supply chain,” Deputy Prime Minister Gan Kim Yong said at a briefing on Thursday. The conversations with the US Commerce Department ...

Posted on 11/07/2025

Singapore’s PAP appoints new heads of backbench parliamentary committees

SINGAPORE: A fresh slate of 12 MPs will head the PAP's backbench committees that scrutinise government policy.

Posted on 11/07/2025

World Aquatics Championships kick off in Singapore

Singapore is playing host to the biennial World Aquatics Championships for the first time. The opening ceremony has kicked off, signalling the start of three weeks of exciting competition, with over 2 ...

Posted on 11/07/2025

Investment banking fees jump 38% in H1 2025: report

Citi led the market with $72.9m (US$54m) in fees, capturing a 12.5% share. Singapore’s investment banking sector recorded a strong first half in 2025, with total fees rising by 38% YoY to $583.47m ...

Posted on 11/07/2025

IPO hopeful Dezign Format brings creativity to Catalist

Dezign Format is seeking to list on SGX's Catalist board. The company lodged its preliminary offer document on June 30. The full prospectus is slated to be out on Aug 1.

Posted on 11/07/2025

OTSAW Announces Official Empanelment as Certified System Integrator for Singapore’s RoMi H Robotics Middleware Framework

Designation expected to position OTSAW to accelerate interoperable robotics deployments across public healthcare institutions ahead of anticipated IPO ...

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 ...

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