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Month: August 2025

Posted on 06/08/2025

Construction begins on Minor Hotels’ first Avani property in Singapore

Earlier this year, the group announced the introduction of the Avani brand to India with a planned property in Visakhapatnam. "Construction begins on Minor Hotels’ first Avani property in Singapore" was originally created and published by Hotel Management Network, a GlobalData owned brand.

Posted on 06/08/2025

What was the sole mixed-use investment deal in Singapore in Q2?

The transaction was worth over S$1.3 billion. In Q2/2025, only one major transaction was recorded in Singapore’s mixed-use sector. According to a Savills report, this involved a 50.1% interest in ...

Posted on 06/08/2025

Asia’s Fintech Revolution: Mobile Banks Are Reshaping Finance

Maksym Sakharov, co-founder and CEO of WeFi, explores how Asia’s mobile-first fintech companies have reshaped the global financial landscape by bypassing legacy systems and reaching hundreds of ...

Posted on 06/08/2025

Small public companies snap up ether in new crypto gold rush, even as risks linger

Some companies are favoring ether over bitcoin as an inflation hedge as the cryptocurrency hits a sweet spot between affordability and credibility.

Posted on 06/08/2025

Singapore raises building height limits near airports following review

Buildings near airports in Singapore can now be built taller - potentially by up to 15 storeys for residential developments, and up to nine storeys for industrial or commercial buildings, said CAAS.

Posted on 05/08/2025

Dezign Format targets $6.5m IPO on Catalist, eyes Malaysia expansion

This will be the third homegrown company to go public after a dearth of SGX listings. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/08/2025

Singapore shares up again, lifted by retail sales growth; STI rises 0.3%

Across the broader market, advancers outnumber decliners 297 to 218. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/08/2025

‘Time is now’ for US to lead global crypto race, says CCI chief

The SEC and CFTC turf war over crypto ends with the White House digital assets report, and the US is sprinting to claim the lead in the crypto race.

Posted on 05/08/2025

No plans to fully liberalise cross-border ride-hailing services between Singapore and Johor: SG LTA

Singapore authorities are open to ideas to improve commuting between Johor and the city-state, however there are no plans for fully liberalise cross-border ride-hailing services, the Singapore land transport authority (LTA) has stated,

Posted on 05/08/2025

Singapore jails Malaysian over scheme to buy phones worth more than S$45,000 with stolen credit card details

SINGAPORE: A Malaysian driver has been jailed over his involvement with a group that came to Singapore to buy 23 phones by using stolen credit card details.

Posted on 05/08/2025

Singapore retail sales up by 2.3%, spurred by sales of motor vehicles

A muted outlook for retail sales is anticipated over the coming months, said an analyst. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/08/2025

10 Best Savings Accounts in Singapore with the Highest Interest Rates (Aug 2025)

On 1 May, both UOB One and OCBC 360 slashed their rates, each dropping to 3.30% p.a. when you credit your salary and spend on your card. Just a month later, on 1 Jun 2025, Standard Chartered turned ...

Posted on 05/08/2025

I-T officials investigating Jane Street for tax treaty breach; Singapore link under scrutiny: Report

Indian tax authorities are investigating Jane Street for potential tax treaty violations, suspecting the firm routed profits from Indian derivative trades through Singapore entities. This inquiry ...

Posted on 05/08/2025

India’s tax department investigating Jane Street over possible tax treaty misuse, sources say

India's tax authorities are investigating whether Jane Street violated tax laws by booking profits via its Singapore entities on its derivative trades in the Indian market, three sources briefed on ...

Posted on 05/08/2025

Jane Street under I-T dept scanner for potential tax violation via Singapore entities

India's tax authorities investigate US trading firm Jane Street for potential tax law violations and price manipulation allegations.

Posted on 05/08/2025

ICAEW: Singapore’s exports growth to slow in H2 2025, most vulnerable …

With exports accounting for 124% of Singapore’s GDP, the expected weakening of the global exports outlook will also weigh on the local economy. Early signs of this spillover effect are already ...

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