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Month: July 2025

Posted on 09/07/2025

BDx launches hybrid quantum AI testbed in Singapore with Anyon

Since the system combines CPUs, GPUs, and QPUs, it could help ease enterprise adoption of quantum-enhanced AI, particularly in sectors like finance.

Posted on 09/07/2025

Local ‘stalwarts’ help lift Temasek’s portfolio value to a record $434 bil

The growth in the value of TPCs was driven by steady gains they each made in the local stock market, which has reached a new record after more than 16 years.

Posted on 09/07/2025

Singapore’s Temasek reports record portfolio value, sees U.S. risks peaking

Investing.com -- Singapore’s state investor Temasek reported an 11.6% year-on-year increase in its net portfolio value to a record S$434 billion ($340 billion) on Wednesday, while suggesting that ...

Posted on 09/07/2025

ONE Championship president says IPO always part of the plan

ONE Championship Co-Founder and Group President Hua Fung Teh said on Wednesday that launching an initial public offering has always been part of the company's plan.

Posted on 09/07/2025

NTT DC REIT to raise $987.93m in Singapore IPO

NTT DC REIT, backed by Japan telecom group NTT Ltd., is set to raise $987.93m (US$773) through its initial public offering on the Singapore Exchange.

Posted on 09/07/2025

Singapore finance employers pledge 300 places for trainees and interns from polytechnics

Full-time uni studies are not the only way to the lucrative sector. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 09/07/2025

Singapore must be willing to take some risks to capture wealth management opportunities: Chee Hong Tat

SINGAPORE] Singapore must be willing to take some risks to capture new wealth management opportunities, but still maintain high standards of a stable, trusted environment, said Chee Hong Tat, minister ...

Posted on 09/07/2025

Singapore must take right approach to create opportunities in wealth management: Chee Hong Tat

Singapore must strike a balance between maintaining high standards and promoting efficiency within the wealth management sector, Minister for National Development and Deputy Chairman of the Monetary ...

Posted on 09/07/2025

Singapore to take ‘risk-proportionate approach’ in maintaining status as trusted financial centre: Chee Hong Tat

If we are overly kiasu, I think we will not be able to capture new opportunities,” adds Chee, who was speaking at a doorstop with media during his visit to DBS Bank on July 9.

Posted on 09/07/2025

Singapore sustainable bond issuances jump 80% to S$13.3 billion in 2024: MAS

SINGAPORE] The volume of green, social, sustainability and sustainability-linked (GSSSL) bonds, as well as transition bonds issued in Singapore, hit S$13.3 billion last year, up 79.7 per cent from ...

Posted on 09/07/2025

Singapore to cut time to set up bank accounts for family offices, ultra-wealthy

Singapore is shortening the time it takes for wealthy clients to open private bank accounts and get tax incentives for their family offices, a minister said on Wednesday.

Posted on 09/07/2025

Singapore’s Temasek sours on European companies amid US tariff threats

Bearish outlook comes a year after state investor opened Paris office and promised to commit $19bn to the region ...

Posted on 09/07/2025

Singapore Slashes Wait Time For Family Offices Seeking to Set Up

Singapore’s financial regulator is looking to shorten the waiting time for wealthy people before they can manage assets in the Asian wealth hub, while also seeking to uphold tight standards, a senior ...

Posted on 09/07/2025

Singapore cuts queue time for global rich to set up family offices

Singapore has significantly reduced the waiting time for family offices seeking tax incentives to just three months, a move confirmed by MAS Deputy Chairman Chee Hong Tat. This initiative, coupled ...

Posted on 09/07/2025

Macquarie Is Said to Weigh Sale of Singapore Petrochemical Asset

Macquarie Group Ltd.’s asset management arm is considering selling its 50% stake in a chemical storage terminal at Singapore’s Jurong Island, according to people familiar with the matter.

Posted on 09/07/2025

Woman who allegedly filed fraudulent tax claims of over $1.4m handed 97 charges

The Malaysian was also charged with hindering IRAS officers in carrying out their duties. Read more at straitstimes.com. Read more at straitstimes.com.

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