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Month: August 2025

Posted on 05/08/2025

Singapore billionaire linked to corruption case pleads guilty, granted judicial mercy

Property tycoon Ong Beng Seng pleaded guilty to one charge of obstructing justice on Monday in a landmark corruption case that led to the jailing of former ... ( read original story ...)

Posted on 05/08/2025

Singapore’s CapitaLand Integrated to acquire remaining stake in Glory Office Trust

Singapore's CapitaLand Integrated Commercial Trust said on Tuesday that it will buy the remaining 55% stake in Glory Office Trust from CapitaLand Development and Mitsubishi Estate on an agreed ... ( read original story ...)

Posted on 05/08/2025

Spotting red flags, taking swift action: Inside DBS’ fight against scams

DBS relies on trained staff and a rapid response system to stop sophisticated scams and safeguard customers from financial devastation.

Posted on 05/08/2025

Singapore’s GIC takes 25% stake in Spanish broadband venture

Telecoms operators MasOrange and Vodafone Spain had anticipated selling a larger stake to an external investor ...

Posted on 05/08/2025

Citibank to close last branch in Singapore in October amid shift to …

Citibank Singapore chief executive officer Brendan Carney had told The Straits Times previously that the lender planned to close its remaining branches where customers carry out simple ...

Posted on 05/08/2025

Crypto Derivatives Surge in 2025: Institutions and the Rise of Perpetual Futures

We look at the explosive growth of crypto derivatives in 2025, fueled by institutional adoption, perpetual futures, and the convergence of CEX and DEX platforms.

Posted on 05/08/2025

AI investments in Singapore over the last 12 months

These AI hubs will develop AI solutions and support AI talent in the region. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 05/08/2025

John Hinshaw Joins Digile as Strategic Advisor & Mentor to Accelerate AI-Led Growth and Global Expansion

Digile, a leading digital transformation and AI solutions company headquartered in Singapore, announced the appointment of John M. Hinshaw as a Strategic Advisor. A seasoned global executive with over ...

Posted on 05/08/2025

I swapped Britain for safe, clean, low-tax Singapore – and my happiness has soared

When I wake up to sunshine every morning and walk to work along Singapore’s clean, safe streets, I get goosebumps because life feels about as good as it can get right now.

Posted on 04/08/2025

Singapore to tap advanced manufacturing and AI under strategic review

These were the focus areas named, as US tariffs have increased the uncertainty faced by businesses. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/08/2025

CapitaLand Ascendas Reit posts 0.6% drop in H1 DPU to 7.477 Singapore cents

SINGAPORE] INDUSTRIAL property player CapitaLand Ascendas Reit’s (Clar) distribution per unit (DPU) fell 0.6 per cent for the half-year ended June to S$0.07477, on the back of an enlarged unit base. ( read original story ...)

Posted on 04/08/2025

Two men to be charged over suspected fradulent GST claims involving S$181 million in fake sales

One man allegedly submitted three fraudulent Goods and Services Tax refund claims to the Inland Revenue Authority of Singapore, to try and cheat it into disbursing S$11.8 million.

Posted on 04/08/2025

Singapore launches new economic strategy review to stay ahead of global shifts

It comprises five committees looking at different areas to help Singapore's businesses and workers Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 04/08/2025

‘Important to take a longer term view’: DPM Gan announces 5 new committees to strengthen Singapore’s economic relevance

The Government will have five new committees to strengthen Singapore's economic relevance amid geopolitical uncertainties and technological disruptions. The new committees were announced by Deputy ...

Posted on 04/08/2025

Singapore fund GIC buys 25% stake in Spain broadband venture

Singapore's sovereign wealth fund GIC will acquire a 25% stake in a Spanish fibre optic broadband venture between MasOrange and Vodafone Spain, the three companies said on Monday, helping GIC to boost ...

Posted on 04/08/2025

US tariffs prompt Singapore to launch review of economic strategy, competitiveness, AI

The city state launched a broad economic review to tackle competitiveness, and AI, as authorities warn of a looming slowdown from US tariffs.

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