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Month: August 2025

Posted on 08/08/2025

Singapore’s largest banks deliver a mixed report card on profits amid looming rate cuts and U.S. tariff threats

DBS’s quarterly profit grew by 1%, yet the bank acknowledged “external uncertainties.” Profits at fellow banks UOB and OCBC fell.

Posted on 08/08/2025

Why This CEO Thinks Crypto Is Gambling, Not Investing

John Hope Bryant, the CEO of the nonprofit organization Operation HOPE, joins Forbes senior writer Jabari Young on The Enterprise Zone at Nasdaq MarketSite. During their discussion, Bryant addresses ...

Posted on 08/08/2025

Trump tariffs kick in today. How will Singapore, South-east Asia be affected? Here’s what you need to know

SINGAPORE] A few rounds of tariff rates have been announced this year, as US President Donald Trump set initial baseline rates and countries scrambled to reach new deals. Read more at The Business ...

Posted on 08/08/2025

Singapore, China lead foreign investment in Indonesia in 2025: PCO

Translator: Andi Firdaus, Fathur Rochman, Martha Herlinawati S Editor: M Razi Rahman Copyright © ANTARA 2025 ...

Posted on 08/08/2025

Frasers Property logs S$1.4 billion in regional pre-sales, says it’s well-placed to manage upcoming debt

SINGAPORE] Frasers Property has achieved pre-sold revenue of S$1.4 billion so far in financial year 2025 for its projects in Singapore, Australia, China and Thailand, the real estate group said on ... ( read original story ...)

Posted on 08/08/2025

HSBC Asset Management hires Karim Ghannam as global head of real assets

HSBC Asset Management has hired Karim Ghannam from Singapore private equity firm 8F Asset Management as global head of real assets and head of alternatives for Singapore. He will oversee strategic ...

Posted on 08/08/2025

Crypto Weekly: ether’s moment and Hong Kong’s stablecoin fever

From why ether is a cryptocurrency of choice right now to Hong Kong's stablecoin frenzy, Ciara Lee rounds up the big crypto stories of the week.

Posted on 08/08/2025

Indian Government Clamps Down on Crypto Traders With 44,000 Tax Notices

India’s Income Tax Department has issued over 44,000 notices to crypto traders for failing to report digital asset income. Authorities uncovered $75 million in unreported ...

Posted on 08/08/2025

Vape bins placed in Singapore’s six autonomous universities to encourage voluntary disposal

This is part of the "Bin the Vape" campaign by HSA and PA to encourage voluntary disposal of vapes without penalty. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/08/2025

HSBC AM names Karim Ghannam global head of real assets and Singapore head of alternatives

Karim Ghannam has been appointed global head of real assets and head of alternatives, Singapore, at HSBC Asset Management (HSBC AM).

Posted on 07/08/2025

US’ 100% semiconductor tariff: Singapore firms likely to be hit, with ripple effects on supporting industries

The Singapore Semiconductor Industry Association says the sentiment is one of “cautious watchfulness” as firms wait for more information.

Posted on 07/08/2025

Singapore’s Keppel raises $4.9 billion in private funds for education and data centre assets

Singapore's Keppel has secured S$6.3 billion ($4.91 billion) in funds under management so far this year for its private fund strategies, including education assets and data centres, the global asset ...

Posted on 07/08/2025

Singapore GP impact revealed as billionaire event owner pleads guilty

Singaporean-based billionaire Ong Beng Seng, the man responsible for bringing the Singapore Grand Prix to the city state, has pleaded guilty to abetting obstruction of justice. Mr Ong made the plea on ...

Posted on 07/08/2025

Chikungunya cases in Singapore double; authorities monitoring situation closely

Chikungunya is rarely fatal, but it does cause fever and severe joint pain. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/08/2025

DBS picks insider Tan Su Shan as first female CEO to lead Southeast …

DBS Group said on Wednesday Tan Su Shan, its head of institutional banking, will succeed Piyush Gupta as CEO when he retires in March, making her the first woman to lead Singapore's and Southeast ...

Posted on 07/08/2025

Singapore Airlines shifts import cargo handling from dnata to Swissport at AMS

Earlier this week, The STAT Trade Times had reported the serious operational challenges at dnata’s new $70-million, fully automated, 61,000 m² cargo facility at the Amsterdam Schiphol Airport.

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