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Month: July 2025

Posted on 09/07/2025

Singapore bank bonds can stand tall in 2H2025 on flight to quality

Singapore bank bonds are likely to retain their safe-haven status in 2H2025 as their asset quality can stay robust says ...

Posted on 09/07/2025

REUTERS NEXT – Singapore Must Develop Deeper Relationships With China, US, Europe: Home Affairs Minister

Shanmugam, who is also coordinating minister for national security, was speaking in an interview at the Reuters NEXT Asia summit in Singapore that covered trade issues as well as domestic concerns ...

Posted on 09/07/2025

Singapore Dollar, Other Asian Currencies Weaken Slightly Amid Risk-Off Mood

The Singapore dollar and most other Asian currencies weakened slightly against the U.S. dollar amid a risk-off mood.

Posted on 09/07/2025

Singapore man gets more than two years’ jail and fine of over S$4mil for scheme to evade $3.5mil in taxes on cars

SINGAPORE: A man involved in a scheme to under-declare to Singapore Customs the import values of vehicles, resulting in S$3.5 million in excise duties and GST evaded, has been dealt with.

Posted on 09/07/2025

Singapore retail sales likely to weaken in 2H2025 despite May rebound: RHB

Singapore’s retail sales rose 1.4% y-o-y in May, the fastest annual increase since January, lifted by a sharp rebound in motor vehicle sales. However, underlying momentum in the sector remains weak, ...

Posted on 09/07/2025

Having GIC as a cornerstone investor in NTT DC Reit’s IPO is a good move for the market too

THE listing by Japanese telecom giant’s NTT data centre real estate investment trust (Reit) is a welcome fillip for the local equities scene – it will be Singapore’s largest Reit initial public ...

Posted on 09/07/2025

Singapore stocks rise on July 7, with all eyes on trade deals as US tariff deadline looms

Markets are watching how trade deals are unfolding in the run-up to the end of the tariff truce. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 09/07/2025

UOB raises Vietnam’s GDP growth forecast to 6.9%

Singapore-based United Overseas Bank has revised its forecast for Vietnam’s 2025 GDP growth from 6% to 6.9%, following the country’s strong second-quarter performance.

Posted on 09/07/2025

Singapore Fintech Face API Access Hurdles: Report

Singapore’s efforts to position itself as a regional hub for Fintech face a critical stumbling block, as most Fintech firms say they cannot obtain the bank ...

Posted on 09/07/2025

IN FOCUS: Is it getting harder to use cash in Singapore – and does it matter?

"While e-payments adoption has grown over the years, most merchants in Singapore still accept cash. MAS’ aim is not to force a cashless society, but to enable individuals and businesses to enjoy the ...

Posted on 09/07/2025

ShopBack gains payment institution licence in Singapore

ShopBack, a platform specialising in shopping rewards and payments, has secured a major payment institution (MPI) licence from the Monetary Authority of Singapore (MAS). This licence enables ShopBack ...

Posted on 09/07/2025

Property tycoon Ong Beng Seng set for another pre-trial conference on July 23

Billionaire and hotelier Ong Beng Seng will have his case heard in court again on July 23 in a pre-trial conference. This follows a pre-trial conference on Tuesday morning (July 8) for the charges of ... ( read original story ...)

Posted on 09/07/2025

Property tycoon Ong Beng Seng’s case adjourned again

SINGAPORE: Property tycoon Ong Beng Seng, who has been embroiled in criminal allegations linked to former Transport Minister S Iswaran, has had his case adjourned for another pre-trial conference. ( read original story ...)

Posted on 09/07/2025

OCBC sets loan target of US$4bil in expansion plan

OCBC Bank is topping up its loan pot to S$5bil (US$4bil) from S$1.5bil for entrepreneurs who own multiple small, early-stage businesses, and extending its cash line beyond Singapore to Malaysia, ...

Posted on 09/07/2025

HSBC named ‘Bangladesh International Trade Finance Bank of the Year’

The Hongkong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh has been recognised as the “Bangladesh International Trade Finance Bank of the Year” at the Asian Banking & Finance Wholesale ...

Posted on 09/07/2025

Singapore at 60: Home truly is an idea that never stands still

There are many new stories to embrace but also some distances that we need to bridge. Read more at straitstimes.com. Read more at straitstimes.com.

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